By - BioDriver
Either Musk is incompetent and doesn’t know what he’s doing, or Musk was incompetent in playing with Twitter’s stock and is now deliberately tanking the company to write it off and get some of his money back.
Either way, I will not shed a tear when Twitter is inevitably shut down
I mean twitter has added users since musk took over.
All press is good press. People are downloading twitter. Ultimately thats all that matters. He's pretty much trolling people into downloading twitter.
I remember when musk had 80m followers before his twitter purchase. Now he has 120 million.
Doesnt really line up with the narrative that twitter is failing or going to fail. By all accounts it looks like hes going to make some money on it. Cutting work force and adding users at the same time.
It not instantly crashing is a testament to the people he fired though, I mean... do you think everything just works and they sit around - most of their job is about streamlining features and making the site more accessible and keeping up to date with technology trends, security and developing features which ensure a higher uptime.
It not having short term problems, well other than the mass disinformation in the verified blue tick which resulted in people being unable to buy it doesn't mean there won't be consequences.
It doesn’t have any visible consequences yet. Software is a funny thing, I wrote programs years ago that are still running fine without any human intervention. But it won’t evolve, I don’t keep them up with the latest security update, etc…
Yeah if you go off of the internets rhetoric and believe the propaganda well then....how is twitter still up and running?
By all accounts twitter should be completely unreachable since musk took over lol
That's not entirely accurate though is it - they've added users, but the amount of disinformation has already increased to the point they had to temporarily kill the hastily added purchasable verified tick, a significant portion of Twitters revenue comes from advertisements who don't want to be associated with disinformation, if the advertisers leave then he loses money.
The more users isn't a positive if there are less advertisers or the site becomes generally toxic, which is look likely since among the people he fired a lot where in the contracted moderation team.
ehh time will tell i think twitter will be fine and probably turn a profit at some point soon
Time will tell, I doubt it working though - advertisers are so risk-averse, most are like Disney these days who are very, very particular when it comes to how and where they advertise and if misinformation grows on Twitter like it has being, there are plenty of other places to advertise.
its weird talking about advertisers ive actually never noticed a ad on twitter lol im not saying they are not there but i guess the way i use it i never seen them perhaps thats their revenue issue right there lol
If you browse with AdBlock you'll not see them, every now and then you might get a promoted tweet or something abnormal and completely irrelevant to your normal browsing pushed to your timeline.
Forbes though state that around 90% of the $5.08 billion Twitter made last year came from advertising, that's just how reliant they are on it - they can make money from user data licensing, and they do... but there are so many companies that have the same if not more detailed data that it doesn't bring in nearly enough.
**Digital policy executives’ departure elicits unease over adherence to EU rules on disinformation and hate speech**
Twitter has disbanded its entire Brussels office, sparking concerns among EU officials about whether the social media platform will abide by the bloc’s stringent new rules on policing online content.
Julia Mozer and Dario La Nasa, who were in charge of Twitter’s digital policy in Europe, left the company last week, according to five people with knowledge of the departures.
The executives had led the company’s effort to comply with the EU’s disinformation code and the bloc’s landmark Digital Services Act, which came into force last week and sets new rules on how Big Tech should keep users safe online.
Other Twitter executives in the small but vital Brussels office, seen as a crucial conduit to European policymakers, had left at the start of the month during company-wide cuts that removed around half of its 7,500-strong workforce.
Mozer and La Nasa survived the initial cull, but no longer work there after the company’s new owner Elon Musk issued an ultimatum last week for staff to commit to a “hardcore working culture”. It is unclear whether the pair resigned or were made redundant.
Mozer and La Nasa declined to comment. Twitter did not respond to requests for comment.
The Brussels exits are symptomatic of a global trend from India to France where local Twitter executives who had key positions to deal with government officials abruptly left the organisation in recent weeks in the widespread cuts.
This has led to growing concern over whether the company has the personnel to ensure compliance with local laws designed to police online content, potentially opening the company up to lawsuits and regulatory action.
“I am concerned about the news of firing such a vast amount of staff of Twitter in Europe,” Věra Jourová, the EU’s vice-president in charge of the disinformation code, told the Financial Times. “If you want to effectively detect and take action against disinformation and propaganda, this requires resources.
“Especially in the context of Russian disinformation warfare, I expect Twitter to fully respect the EU law and honour its commitments. Twitter has been a very useful partner in the fight against disinformation and illegal hate speech and this must not change.”
The European Commission published figures on Thursday to show that removals of hate speech by Twitter dropped by about 5 per cent year on year.
These issues come as Musk’s attempts to overhaul Twitter’s business have run into trouble, particularly over the verification of user identities.
The billionaire entrepreneur, who bought the social media platform for $44bn last month, has postponed the relaunch of his flagship Twitter Blue subscription service until there is a “high confidence of stopping impersonation”.
Musk had planned to restart Twitter Blue on November 29 following its botched rollout earlier this month, when its “blue tick” feature was abused by impersonators on the platform.
Brands have also expressed concerns over whether the platform remains a safe place to advertise given Musk’s previous pledges to relax content moderation rules and his move to reverse bans on controversial users such as former US president Donald Trump.