this post was submitted on 23 Oct 2023
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Most of the world's biggest advertisers have stopped buying ads on Elon Musk's X, exclusive new data shows (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Most of the world's biggest advertisers have stopped buying ads on Elon Musk's X, exclusive new data shows::Musk and X CEO Linda Yaccarino have recently stated that most of the company's top-spending advertisers from last year have returned.

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[–] blady_blah@lemmy.world 2 points 1 year ago

That seems like really low numbers. Ex-Twitter is (in theory) a multi-billion dollar company and Visa should be a "whale" of a client... $77.5k is nothing for advertising revenue. A drop in the expense budget. That's not even one software engineer. How does the company stay afloat if numbers look like that?