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1. Ars Technica (arstechnica@mastodon.social)'s status on Friday, 27-Oct-2023 02:06:36 JST Ars Technica

   Elon Musk’s chaotic first year at Twitter leaves X Corp. with shaky finances

   X has fewer users and a big ad-revenue problem on Musk's first anniversary.

   https://arstechnica.com/tech-policy/2023/10/elon-musks-chaotic-first-year-at-twitter-leaves-x-corp-with-shaky-finances/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

   • Ministerofimpediments (ministerofimpediments@mastodon.social)'s status on Friday, 27-Oct-2023 03:38:05 JST Ministerofimpediments

     in reply to

     @arstechnica
     “It’s not a bug it’s a feature.”
     It’s all just Monopoly money…and largely not his. Several banks are taking haircuts too…they don’t seem to care. They’ll just pass the loss on to the rest of their customers.
     So revenue loss doesn’t matter. If he makes people pay for the dumpster fire…then you’ll see numbers really tail off. People don’t like paying for things they originally got for free. Even Facebook figured this part out.

   • ScootrGrrl (scootrgrrl@mastodon.social)'s status on Friday, 27-Oct-2023 03:41:17 JST ScootrGrrl

     in reply to

     @arstechnica it’ll be fun to see how the Musk deep throaters justify this one