this post was submitted on 15 Jul 2023
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Advertising revenue in Twitter crashes by 50% (lemmy.world)
submitted 1 year ago by ghariksforge@lemmy.world to c/technology@lemmy.world
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[–] RidcullyTheBrown@lemmy.world 1 points 1 year ago

It's doing double digit billions in profit every year. Both Facebook and Meta. They're actually doing quite all right even with the VR fiasco.

And even iftheir only possible growth vector was user count(which it isn't), they have close to 3 billion active users monthly with over 2 billion people using Facebook daily. It is impossible to grow. There are no more people.