Communick News

89 readers
1 users here now

Communick is a professional, privacy-focused service provider who supports open source and the indieweb. We support back the fediverse and the developers by pledging 20% of our yearly profits to the main development teams.

All users from this instance are expected to follow the Code of Conduct.

At the moment, only the admins can create communities. We are still figuring out what type of content we would like to provide here, but the general guideline is that we want to build a home of good discussion about culture, sports, and anything that can inspire and elevate our spirits.

Communick also provides managed hosting for Lemmy instances if you want to run your own.

For further questions, try our support.

founded 2 years ago
ADMINS
communick
rglullis
listing: all - local
search
1
218
Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges (futurism.com)
submitted 1 year ago* (last edited 1 year ago) by girlfreddy@lemmy.ca to c/news@lemmy.world
17 comments fedilink
 
 

Cross-post from https://lemmy.world/post/16743494

While the New York Times reported last week that executives at the beleaguered platform had assured employees that 65 percent of advertisers had returned, documents obtained by Bloomberg show that revenue has overall cratered since owner Elon Musk took over in late 2022.

Now, Musk and CEO Linda Yaccarino are back in damage control mode, trying to scrounge up some much-needed funds at this year's Cannes Lions festival in southern France. The mercurial billionaire reportedly met with executives from the likes of the NFL, L'Oreal, Qualcomm, and Target, according to new reporting by the NYT.

But whether these measures will help Musk's hate speech-ridden echo chamber from bleeding hundreds of millions of dollars per quarter remains to be seen.

After all, who could forget that Musk quite literally told advertisers to go fuck themselves in November — fighting words that likely didn't sit well with the execs he's now pleading to return to X.

2
918
Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges (futurism.com)
view more: next ›