Musk & Twitter
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@Kiwiwomble said in Tesla Roadster:
@Kirwan if it had never made a profit, how was it being bank rolled? did it just break even so kept limping along financially?
Nope, lost money regularly. Was bankrolled by investors expecting them to make a profit in the future. Speculation basically.
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@Kiwiwomble said in Tesla Roadster:
@Kirwan thats mad considering how long it existing before musk bought it
ehhh you have to be a bit careful. Amazon famously didn't turn a profit - but they invested heavily in systems, processes, etc -basically in growth. Twitter might have been doing the same thing ... but ultimately people obviously thought future value was there
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@Kiwiwomble said in Tesla Roadster:
@nzzp another one i didn't know about, how long was that for amazon though?...have to have made a profit at some point for bezos to become so rich
focus on growth.
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Twitter had some teething issues when Musk took over while they tried to remove all the terrible code and activist bullshit. It's now undoubtedly far superior than it was before, and it's nice that arbitrary bans for incorrect opinions appear to have stopped.
For me, he should focus next on removing the porn accounts and addressing a recent issue where people are posting unrelated stuff in the replies as it takes away from the conversation. I.E. people are tracking viral tweets and just trying to promote their own content in the replies instead of responding to the original post.
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@nzzp said in Musk & Twitter:
@Kiwiwomble said in Tesla Roadster:
@Kirwan thats mad considering how long it existing before musk bought it
ehhh you have to be a bit careful. Amazon famously didn't turn a profit - but they invested heavily in systems, processes, etc -basically in growth. Twitter might have been doing the same thing ... but ultimately people obviously thought future value was there
Amazon was well run. Twitter didn’t even have a dev environment, so it wasn’t investment in system s.
They had a bar and some great woke t-shirts though.
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@Kiwiwomble said in Musk & Twitter:
@nzzp another one i didn't know about, how long was that for amazon though?...have to have made a profit at some point for bezos to become so rich
20 years I think for Amazon, they were famous for never making a profit. Uncharitably for hiding profits for tax, but they were also building massive warehouses.
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@Kiwiwomble said in Musk & Twitter:
@nzzp another one i didn't know about, how long was that for amazon though?...have to have made a profit at some point for bezos to become so rich
Profit and loss is really just a snapshot and doesn't reflect the value of a company over time. Bezos got rich because people thought Amazon was a good long-term investment and paid him for a slice of his company.
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@Bones said in Musk & Twitter:
@Kirwan said in Musk & Twitter:
active in purging bots
On this, is this the bullshit accounts? I hardly use so not bothered but I get multiple add requests a day since it became x.
Yeah, in the last few years the tech to create bots has gotten exponentially better. It’s a huge problem for all social media platforms.
X purges them, Twitter pretended they were real users to inflate user growth figures.
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@No-Quarter said in Musk & Twitter:
Twitter had some teething issues when Musk took over while they tried to remove all the terrible code and activist bullshit. It's now undoubtedly far superior than it was before, and it's nice that arbitrary bans for incorrect opinions appear to have stopped.
For me, he should focus next on removing the porn accounts and addressing a recent issue where people are posting unrelated stuff in the replies as it takes away from the conversation. I.E. people are tracking viral tweets and just trying to promote their own content in the replies instead of responding to the original post.
I'm a fairly avid Twitter user, although read way more than post (who wants to hear my opinions after all...) and the user experience is way worse now than it was before. The bots were bad but the porn messages and destruction of conversations by prioritising blue tick click bait accounts in replies is painful. I think some of the changes are positive but i'd be hard pushed to describe the overall change as positive. I think Twitter has an identity crisis, its user base has been static for a long time and i don't see how it ever justified its valuation.
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@Dodge I agree with this.
It's also feeling less relevant. I loved how easy Twitter made it to follow news, especially breaking news. Blue ticks actually really helped with that, to establish who you could take seriously (when it came to news) and who you might be able to ignore.
But with a lot of people leaving, and the overhaul of the blue tick model, it's all a bit of a mess right now. And that's before you even get started on the bots.
Hard not to think that it's all just a sad bid for attention/love by a hyper-sensitive billionaire.
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@Dodge said in Musk & Twitter:
@No-Quarter said in Musk & Twitter:
Twitter had some teething issues when Musk took over while they tried to remove all the terrible code and activist bullshit. It's now undoubtedly far superior than it was before, and it's nice that arbitrary bans for incorrect opinions appear to have stopped.
For me, he should focus next on removing the porn accounts and addressing a recent issue where people are posting unrelated stuff in the replies as it takes away from the conversation. I.E. people are tracking viral tweets and just trying to promote their own content in the replies instead of responding to the original post.
I'm a fairly avid Twitter user, although read way more than post (who wants to hear my opinions after all...) and the user experience is way worse now than it was before. The bots were bad but the porn messages and destruction of conversations by prioritising blue tick click bait accounts in replies is painful. I think some of the changes are positive but i'd be hard pushed to describe the overall change as positive. I think Twitter has an identity crisis, its user base has been static for a long time and i don't see how it ever justified its valuation.
I ignore notifications given it's a roll call of fake accounts, but taking the time to curate my feed pays dividends. I'm also not particularly interested in discussions, more long form threads on topics I find interesting.
Often because I follow someone, that leads me to another interesting thread. I'll then see what else that account has to offer and possibly add them to my feed.
Whether some accounts are leaving bothers me not at all - there's a plethora of interesting accounts still engaged. And as to the question of what Musk paid for it, I think at his estimated wealth, you could consider it free.
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Twitter does have a bot problem etc, but on my feeds, where I mute anyone who might possibly annoy me, it's pretty good now. People don't get banned randomly, and I can look up some one I am completely opposed to aswell.
Still blocked by some loser 50 year old Guardian music columnist, after I responded to his claim that "Taylor Swift's new album was as good as anything by Fleetwood Mac" by asking him if he was "still banned from going within 100m of any schools?"