this post was submitted on 01 Jul 2023
630 points (96.6% liked)
Fediverse
28518 readers
380 users here now
A community to talk about the Fediverse and all it's related services using ActivityPub (Mastodon, Lemmy, KBin, etc).
If you wanted to get help with moderating your own community then head over to !moderators@lemmy.world!
Rules
- Posts must be on topic.
- Be respectful of others.
- Cite the sources used for graphs and other statistics.
- Follow the general Lemmy.world rules.
Learn more at these websites: Join The Fediverse Wiki, Fediverse.info, Wikipedia Page, The Federation Info (Stats), FediDB (Stats), Sub Rehab (Reddit Migration), Search Lemmy
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, sort of. Elmo saddled the company with $12.5 billion in debt while alienating the advertisers which was where the majority of Twitter's revenue came from. Revenue has to come from somewhere. BuuuUUUUUuut, Elmo is in over his head, doesn't really understand Twitter's business model, and is making decisions by the seat of his pants. The answer to every question may as well be yes, no, maybe.