this post was submitted on 22 Oct 2023
525 points (100.0% liked)

Technology

37719 readers
357 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
TheRtRevKaiser@beehaw.org
gyrfalcon@beehaw.org
rs5th@beehaw.org
SemioticStandard@beehaw.org
TheRtRevKaiser@kbin.social
Los@beehaw.org
coldredlight@beehaw.org
remington@beehaw.org
525
Twitter's lost 13% of its daily users and its rebrand has failed (www.bigtechnology.com)
submitted 1 year ago by sculd@beehaw.org to c/technology@beehaw.org
148 comments fedilink hide all child comments
 

The new data — comprehensive and definitive — should put to rest the countervailing narratives over Musk’s management of the app. Under his stewardship, X’s daily user base has declined from an estimated 140 million users to 121 million, with a widening gap between people who check the app daily vs. monthly. X’s remaining daily users are engaged similarly as before. But the pool is shrinking. Apptopia pulls its data from more than 100,000 apps on iOS and Android, along with publicly available sources.

So apparently it lost only 13% of daily users? Thats a smaller number than I thought. Still bad news for Twitter though.

On the other hand, it shows the power of content creators and niche communities. I used less Twitter but cannot delete it because it is literally how I connect with my niche community on there.

you are viewing a single comment's thread
view the rest of the comments
[–] dangblingus@lemmy.dbzer0.com 23 points 1 year ago (13 children)

Nope. Nothing failed. This was Elon's gambit the entire time. He wanted to tank Twitter. He was never interested in improving it or making it profitable. Why do you think Saudi Arabia gave him 22B to buy it?

[–] MagicShel@programming.dev 64 points 1 year ago (6 children)

Your position is that a wealthy man deliberately burned 22 billion dollars to destroy microblogging? That he's intelligent enough to plan and execute this perfectly, but too dumb to think of a better way to spend 22 billion on himself?

I think this theory falls apart on examination, to say nothing of Occam's Razor which argues heavily in favor of sheer incompetence.

[–] localhost443@discuss.tchncs.de 3 points 1 year ago

The most obvious explanation to me is that following so much success running pump and dump scams on his followers in some stocks but mostly unregulated crypto, he decided he was untouchable. Then tried to run another such scheme on twitter stock, but this time threw in a legally binding contract into the manipulation because he's too dumb to realise how dumb he is.

He got so used to fucking around, he thought he'd never have to find out...

load more comments (5 replies)
load more comments (11 replies)