Major advertisers flee X, deepening crisis at Elon Musk’s social media site
Major advertisers flee X, deepening crisis at Elon Musk’s social media site
A torrent of prominent brands halted their advertising on X on Friday, dealing a massive reputational blow to Elon Musk’s social media company after his public embrace this week of an antisemitic conspiracy theory favored by White supremacists.
Disney and Warner Bros Discovery have suspended advertising on Twitter/X too.
You're viewing a single thread.
Is it dead yet?
"Everything ends, not with a bang, but with a whimper."
I understand it would have been funny if from one day to another, the site just stopped working, it'll be just go failing for a while. Some rouge states might try to bail it out.
Twitter's only hope is that NSDAP-style parties will use literal death squads to win the culture war, which it tries to bank it on.
Sure but every week i read that elon makes bad decisions and advertisers are leaving, yet somehow people are still using the platform and it's still holding up. Of course I don't expect a bang but I expected people to slowly have moved on by now.
It wasn't profitable before Elon bought it. Companies like this can run for a long time getting money from investors. Don't ask how or why anyone would invest in X at this point, but they're probably the sort of folks who don't mind a little antisemitism here and there...
It's comfort. I know content creators, artists, etc., who don't want to touch the Fediverse, yet whine about Twitter (and Facebook, and Instagram) all day long. Some cry about techbros on the Fediverse, yet pay the blue checkmark tax. As well as supposed bad moderation, etc.
Centralized social media platforms put everyone at one place without having to register an account every place you want to interact with people. This however put enormous power into their hands. The Fediverse solves the "but I have to register every place" issue with federation, while the only power-imbalance might be from bigger, more desired federations could dictate rules to the less desired ones.