this post was submitted on 09 Mar 2024
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You’re telling me the company that once had ads for T-Mobile and Volkswagen and now almost exclusively has ads where random bots with NFT photos advertise ChatGPT ‘services’ isn’t doing well financially??
It's important to note that "doing well financially" isn't just revenue and user count, it's also expenditures. If Twitter has managed to cut costs by more than whatever its income has dropped by then that could well be a good outcome for it, I've heard it wasn't profitable when Musk took it over.
It's kind of ironic how big companies are frequently criticized for fixating on "endless growth" and "line goes up", and then when a company or organization sheds that it also looks bad.
There's so much wrong with your understanding here...so I'll just point out that you're talking about Twitter as if it's still a public company, it's not.
Also, Twitter was never profitable, and it was likely never going to be profitable. But there's a big difference between their losses and projections before Musk, and after.
Which are?