Twitter- The Musk era

[Rajoo]

An $8/mo subscription fee is being proposed by Musk.

Many on the platform echoed the statement of author Stephen King, who wrote in response to reports of changes that instead Twitter "should pay me".

Mr Musk wrote to Mr King saying, "We need to pay the bills somehow!"

https://www.bbc.com/news/business-63478854

[Dondilion]

I wish Mr. Hyperloop the best.

[Oerets]

Desperation?

Losing money already?

[GChief]

Originally Posted by Oerets

Desperation?

Losing money already?

Forget where I read/saw it, but it sounded like this has been a plan for awhile.

[Rajoo]

Originally Posted by GChief

Forget where I read/saw it, but it sounded like this has been a plan for awhile.

Original intent of social media was mining personal information which could then be leveraged for targeted advertising. Best way to accomplish this was to make the sites free to users and dupe them into thinking this is for their social benefit, thus the term social media. Most users were unaware of their true intentions.

Zuck: I have over 4,000 emails, pictures, addresses, SNS

[Redacted Friend's Name]: What? How'd you manage that one?

Zuck: People just submitted it.

Zuck: I don't know why.

Zuck: They "trust me"

Zuck: Dumb fucks.

Sure, this was 19-year-old Mark Zuckerberg, not long after he had launched Facebook from the comfort of his own dorm room.

https://www.esquire.com/uk/latest-ne...r-data-dumb-f/

Now that social media has morphed into something beyond what they originally wanted it to be, a simple money making venture from a server(s), their costs keep going up and revenues are drying up with too many social media sites and a lot of people disavowing them. This is like the PPV version of social media.

[GChief]

Originally Posted by Rajoo

Original intent of social media was mining personal information which could then be leveraged for targeted advertising. Best way to accomplish this was to make the sites free to users and dupe them into thinking this is for their social benefit, thus the term social media. Most users were unaware of their true intentions.



Now that social media has morphed into something beyond what they originally wanted it to be, a simple money making venture from a server(s), their costs keep going up and revenues are drying up with too many social media sites and a lot of people disavowing them. This is like the PPV version of social media.

That was not disagreeing with you, just letting you know I heard (probably NPR) that was EM intent at least a month ago. It was a discussion of all the games being played.

[Rajoo]

Originally Posted by Oerets

""Musk initially responded to Clinton’s tweet: “There is a tiny possibility there might be more to this story than meets the eye,” attaching a link to an article falsely claiming that Paul Pelosi’s attacker was a lover he met at a bar in the middle of the night.""


https://www.huffpost.com/entry/elon-...b01c1b94e78407



POS! Musk needs to be stopped...

I think its beginning, whether the backlash continues remains remains to be seen and lets hope so.

Mediabrands — the media arm of the advertising behemoth IPG — sent a letter to clients Monday instructing them to stop advertising on Twitter until Nov. 7, the person said. The group’s high-profile clients include American Express, Coca-Cola, Johnson & Johnson, Levi Strauss & Co., and Spotify and the company manages more than $40 billion in advertising spend globally. The person declined to comment on whether any of the brands have suspended ads yet.

https://www.politico.com/news/2022/1...eover-00064464

[finnbow]

Originally Posted by Rajoo

I think its beginning, whether the backlash continues remains remains to be seen and lets hope so.

https://www.politico.com/news/2022/1...eover-00064464

Musk would be doing the world a favor if he killed Twitter.

[donquixote99]

Twitter, for all it's faults, has become a place for politicians and journalists to be present. Follow the right people and it is very useful.

[Rajoo]

Originally Posted by GChief

That was not disagreeing with you, just letting you know I heard (probably NPR) that was EM intent at least a month ago. It was a discussion of all the games being played.

I was only adding to what you posted. You are correct, EM has been talking about "monetizing" Twitter pre-purchase regarding their unprofitable model. So this was indeed forthcoming. As DQ mentioned, perhaps Twitter is great for politicians and media personalities, but doubt the general public will subscribe in droves. Personally I would rather people subscribe to reputable newspapers and magazines.