this post was submitted on 06 Oct 2023
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US ad revenue at Musk's X declined each month since takeover -data (www.reuters.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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US ad revenue at Musk's X declined each month since takeover -data::Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

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[–] Buffalox@lemmy.world -3 points 1 year ago* (last edited 1 year ago) (1 children)

Technically it didn't decline each month, but it's been lower each month than before the takeover. For the past 6 months staying steady at about 60% lower YoY.

If musk can manage it all by himself, he may actually succeed to make it profitable. /s

[–] moshtradamus666@lemmy.world 10 points 1 year ago (1 children)

Yeah because he is like super smart and shit

[–] Buffalox@lemmy.world 6 points 1 year ago (2 children)

Exactly, there is zero doubt he sees himself as super-duper-uber-smart, he seriously claimed in an interview, that he knows more about manufacturing than anybody else on earth.

That's quite an ego.

https://min.news/en/economy/aa9ecf402dc7d5b2ecbdd4160696bf2f.html

[–] Mr_Blott@lemmy.world 4 points 1 year ago (2 children)

That website makes me want to shit in my hands and rub it in my eyes

[–] gnutrino@programming.dev 1 points 1 year ago

I just closed the tab but whatever floats your boat I guess.

[–] rosydam@r.nf 1 points 1 year ago

undefined undefined undefined undefined https://retrobowlcollege.org

[–] moshtradamus666@lemmy.world 2 points 1 year ago

He is just some rich bitch