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kippertie t1_j7513aa wrote

No I think it’s more insidious than that. I think he’s trying to shut down Twitter in a way that doesn’t have his investors coming after him for deliberately destroying it. If he keeps trying to monetize it more and more and it turns into a ghost town he can shrug and go “welp, I tried, guess it was already doomed guys, sorry and all that.

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Zealousideal_Ad9747 t1_j75ezqo wrote

Man destroys something he once thought was beautiful isn't exactly a news story though. Have you seen how many divorced people there are out in the world?

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pwalkz t1_j75iytb wrote

Same thing as your first proposition. He intentionally destroys it.

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OriginalCompetitive t1_j75gxzz wrote

What evidence do we have that Twitter is even losing money, much less shutting down?

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BlameThePeacock t1_j75ii57 wrote

There have been multiple reports by reputable organizations on the list of advertisers that shut down or scaled back their spending on the platform along with estimates on current loses per day being in the millions.

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OriginalCompetitive t1_j76jgcq wrote

Seems like that was just a temporary blip:

“New data suggests that the effect was temporary, with Twitter having managed to grow its advertiser roster to 3,700 in the fourth quarter of 2022 from 3,000 in the third quarter, according to an ad intelligence firm’s report released Wednesday.

Twitter averaged 3,330 U.S. advertisers per month on average in the first quarter; 3,740 in the second; 3,000 in the third; and 3,700 in the last three months of the year.“

It’s hard to know for sure, of course.

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