Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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Heartbreaker

Diamond Member
Apr 3, 2006
4,340
5,464
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So a company that lost over $1 billion in 2020, and hundreds of millions in 2021 is already down the hole by 15-20% for 2023? Yeah...

For all the cry about how Twitter was previously restricting free speech, corporations telling Elon Musk to go suck a rock by not paying for ads is free speech. They're letting Elon Musk know that they don't want to be part of a racist conspiracy filled shit-show that will damage their brand. Elon asked for freedom of speech, and corporations are exercising their freedom of speech. Don't like it Elon? Go fucking cry yourself to sleep, or actually turn Twitter into something positive.

Even more telling. This business was lost back in May before he even took over. This isn't some kind anti-free speech BS like Musk is trying to sell to his nitwit followers. They lost this business because of uncertainty, caused by his antics. He was actively damaging the company he was considering buying.

When businesses are spending millions of dollars they want reliable stable business partners.

Elon Musk continues to demonstrate, that isn't him.
 

Kaido

Elite Member & Kitchen Overlord
Feb 14, 2004
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mikeymikec

Lifer
May 19, 2011
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feralkid

Lifer
Jan 28, 2002
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gothuevos

Platinum Member
Jul 28, 2010
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That he's going to get his followers to harass the ad agencies and companies that don't want to do business with a whiny chaotic edgelord who could damage their brands. Which uh sort of proves their point.

I'm sure that will make advertisers want to come back to Twitter as well as entice potential ones to do business with them.
 
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gothuevos

Platinum Member
Jul 28, 2010
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Elon Musk threatens to 'thermonuclear name and shame' companies that paused advertising on Twitter:


If they're just "woke" companies aren't they already being "boycotted" by the right, anyway?

Woke is now any entity that doesn't immediately bend the knee to the right's demands and wishes.

Let's just drop the pretense and call us enemies of the state and get it over with, already.
 
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cytg111

Lifer
Mar 17, 2008
24,027
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Wooing them back is going to be a muuuuch harder job than keeping them in the first place. Twitter is a fairly insignificant part of the advertising world. Who needs this headache?

Well, corps are corps, 404 no feelings found, they'll optimize for profit whatever way that points.

And that is actually one of the silver linings of capitalism in a democracy, cause you cant gerrymander peoples spending habits.
 
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trenchfoot

Lifer
Aug 5, 2000
14,987
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Megalomaniacal much Elon? Think you're the smartest guy in any room you walk into therefore you should be the voice that everyone kneels in fealty to? Its like you envy and want to emulate Donald Trump for his ability to be a legend in his own mind and his ability to extract a whole lot of cash from millions of idiots who are willing victims to scam artists like himself.

Stay in your lane, dumbass. You veered outside of it and you now look like a reckless road hog mindless to the damage you're gong to cause to others and yourself.
 

cytg111

Lifer
Mar 17, 2008
24,027
13,538
136
yes

no

let my try an make an analogy:
Twitter starts off as a big building.

A bunch of users move in, they each get their own apartment, magic-ed up on the spot.

Advertiser rocks up, they want to put ads on the users walls. So that is added in.
Another advertiser rocks up, they want video ads on the users walls, so that is added in.
A beancounter says hi, points out video in h264 is x million cheaper, so that is added in.
Another beancounter says hi, points out video in h265 is x million cheaper, so that is added in.
User asks to be able to add videos, to that is added in.
Plumbing is to small now, all the pipes are redone with more volume.
Not enough space in the building! Building is rapidly made bigger.
Users are now not in the US! Buildings are made elsewhere.
Users elsewhere want to interact with users in the US, telephone lines are ran between buildings.
Roof is starting to leak, database out of date! Roof is fixed.
Using to much electricity, substations are installed in each building.
User has a riot, apartment needs to be deleted.
Many users start posting disturbing things, automated tools have to be created to deal with the mess.
Users adopt to automated tool, automated tools need to be modified.
Advertiser now wants interstitial ads! That is added in.
Advertiser only wants to advertise to young people, that is added in.
Users adopt to new automated content tools, more moderators have to be hired.
Government makes it illegal to only advertise to young people, feature is rewritten.
Government claims you need to allow people to opt out of 3rd party cookies, another method of tracking is added
To many users! System is crashing! Building foundations (database) have to be rebuilt!
New distributed database built, working, but issues need fixing.
Company is sold.
New owner wants to add subscriptions! billing, pci-dss, etc all have to be added. Massive project.
New owner wants subscribed users to be favored over normal, new elevators needed, content priority changes!
New owner wants less moderators! More automation implemented!
New owner wants less employees! Departments are eliminated, people are fired, including that one guy who knows the proper way to reset the AFCI breakers.
New features are implemented, less employees, less testing, but it works!
Odd bugs show up, emergency patch!
Lights go out. Quick, flip the mains!
Why did all the sub breakers flip?! What, we are still using add hoc wiring from version 1? Quick, flip them all back!
Not working, where is Bob the afci expert?
Screw it, lets just hot wire it!
What do you mean we have a fire? Data is just disappearing?
Why did we just charge Joe of Nebraska $6 a 150 million times? How?!
We have been hacked! All our user information is on the interwebs!
Why did VISA just discontinue our payment processing?
Where is the money to pay the electric bill!
Did the city just declare us unfit for habitation?
Why is the toilet not flushing?

100% undervalued, can we get some likes going... read it, its long its worth it.
I cytg endorse this post.
 
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Heartbreaker

Diamond Member
Apr 3, 2006
4,340
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Wooing them back is going to be a muuuuch harder job than keeping them in the first place. Twitter is a fairly insignificant part of the advertising world. Who needs this headache?

Also Twitter is more about short term engagement, Posting one sentence or small paragraph comments. So not a lot of time to see many ads. So not the best platform to put your advertising dollars into.

The vast majority of my engagement with Twitter, just seeing posts in these forums. Very seldom do I actually click through to the Twitter site.

Even when I do, Twitter actively discourages engagement, because if you don't have an account they only let you scroll a few messages before blocking you with a log in screen. Twitter never was important enough for me to have an account, and certainly won't be going forward.

They already had one of the shakiest cases for spending ad dollars on, and Musk made it so much more shaky.
 

pmv

Lifer
May 30, 2008
13,674
8,579
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Also Twitter is more about short term engagement, Posting one sentence or small paragraph comments. So not a lot of time to see many ads. So not the best platform to put your advertising dollars into.

The vast majority of my engagement with Twitter, just seeing posts in these forums. Very seldom do I actually click through to the Twitter site.

Even when I do, Twitter actively discourages engagement, because if you don't have an account they only let you scroll a few messages before blocking you with a log in screen. Twitter never was important enough for me to have an account, and certainly won't be going forward.

They already had one of the shakiest cases for spending ad dollars on, and Musk made it so much more shaky.


Yeah, never understood what was the big deal about Twitter. What seemed to make it a Big Deal was the obsession that mainstream journalists had with it. The Daily Mail, in particular though not the only one, would produce entire stories about "some people are arguing about something on Twitter".
 
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Leeea

Diamond Member
Apr 3, 2020
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Elon Musk threatens to 'thermonuclear name and shame' companies that paused advertising on Twitter:

https://www.businessinsider.com/elon-musk-threatens-companies-pausing-twitter-ads-2022-11
And the pool of potential new advertising customers for Twitter just shrunk to zero.

Everyone who gets their hackles up for extortion? Also gone.

Even when I do, Twitter actively discourages engagement, because if you don't have an account they only let you scroll a few messages before blocking you with a log in screen. Twitter never was important enough for me to have an account, and certainly won't be going forward.
I tried to have a twitter account. Spawned in a new domain and email just for twitter.

It demanded my phone number after about a week. Yea, that didn't happen.
 

Muse

Lifer
Jul 11, 2001
38,496
8,765
136
Uh, someone please explain the $7.99/month charge Elon's instituting. Why on earth would somebody pay that to have a checkbox checked next to their Twitter handle? Yes, I have an account but I'm not paying a monthly charge. I am sooooo unaddicted to Twitter.

Let Elon tell you what he knows about large scale development without saying…

I guess that thread gets to it (but I still don't understand what the blue tick is)

Edit: A quick search gives this...

What are the benefits of blue tick on twitter?

A blue check mark next to a person's user name means Twitter has confirmed that the account belongs to the person or company claiming it. According to the iOS notification, other benefits in the update include ”half the ads”, the ability to post longer videos to Twitter and priority ranking for quality content.14 hours ago
 
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kt

Diamond Member
Apr 1, 2000
6,017
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Also Twitter is more about short term engagement, Posting one sentence or small paragraph comments. So not a lot of time to see many ads. So not the best platform to put your advertising dollars into.

The vast majority of my engagement with Twitter, just seeing posts in these forums. Very seldom do I actually click through to the Twitter site.

Even when I do, Twitter actively discourages engagement, because if you don't have an account they only let you scroll a few messages before blocking you with a log in screen. Twitter never was important enough for me to have an account, and certainly won't be going forward.

They already had one of the shakiest cases for spending ad dollars on, and Musk made it so much more shaky.
If they want more eyes for the ads to hit, they shouldn't demand anonymous visitors to sign in. I stayed longer on their website when they were less annoying with their sign in pop up. Now, I just don't even bother reading tweets anymore unless someone screen capture it.
 
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purbeast0

No Lifer
Sep 13, 2001
53,039
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A lot of you sound like just a bunch of old farts who think all that Twitter is only for is political discussions.

There is so much breaking sports news on Twitter now a days that it's where most news breaks. It's also huge for video game companies to show off their latest projects, discuss projects, and engage with the user base.

Those are the 2 areas I mainly use it for and it's fantastic for that. My feed hasn't really changed at all.

People who think it's just "short term engagement" are just showing how little they know about it and social media in general.
 
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Dave_5k

Golden Member
May 23, 2017
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A lot of you sound like just a bunch of old farts who think all that Twitter is only for is political discussions.

There is so much breaking sports news on Twitter now a days that it's where most news breaks. It's also huge for video game companies to show off their latest projects, discuss projects, and engage with the user base.

Those are the 2 areas I mainly use it for and it's fantastic for that. My feed hasn't really changed at all.

People who think it's just "short term engagement" are just showing how little they know about it and social media in general.
Breaking news on Twitter is and was primarily useful with members of accredited news sites being blue checked/prioritized, and reasonably decent attempts at keeping spam & hate speech filtered out.

Musk has undone the first, any spam bot, hate monger, or corrupt influencer (hi Russia, welcome back MAGA!) that wants to pay $8 can now be blue checked and prioritized in feeds, and Musk simultaneously cut all the staff that did the second with repeated promises to make it completely "free" speech, (at least for those that pay $8/month.)
 
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manly

Lifer
Jan 25, 2000
11,901
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Even more telling. This business was lost back in May before he even took over. This isn't some kind anti-free speech BS like Musk is trying to sell to his nitwit followers. They lost this business because of uncertainty, caused by his antics. He was actively damaging the company he was considering buying.

When businesses are spending millions of dollars they want reliable stable business partners.

Elon Musk continues to demonstrate, that isn't him.
Elon will try to use this to justify his "at fault" firing of the top execs, to avoid paying their golden parachutes.
 
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Fenixgoon

Lifer
Jun 30, 2003
32,156
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that's just congestion management

edit: high end business plans were already per GB of data per dish
it's a cash grab, because 1TB of data over 1 month is a measley 386kB/s continuously but 1TB/s is absolutely crazy.

so the infrastructure isn't limited by the *amount* of data, it's limited by the *rate*. starlink is doing exactly what every other major ISP does - rent-seek through artificial and arbitrary bandwidth caps.
 
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