News for hackers. Stuff that matters.
Re:Can Elon Musk Make the Math Work on Owning Twitter? It’s ... by photochemsyn on Sunday October 30, 2022 @11:20PM (#33401714)
NYTimes said previously that declining usage of Twitter by users was its #1 financial problem (2018)

https://www.nytimes.com/2018/07/27/technology/twitter-stock-...

On the other hand, Twitter said this in Feb 2021:

> "Just ahead of its 2021 virtual investor day on Thursday, Twitter this morning announced its three long-term goals focused on user base and revenue growth, and a faster pace of shipping new features across its platform. The company said it aims to “at least” double its total annual revenue from $3.7 billion in 2020 to $7.5 billion or more in 2023. It also expects to reach at least 315 million mDAUs — that’s Twitter’s self-invented metric for “monetizable” daily active users — by the fourth quarter of 2023."

https://techcrunch.com/2021/02/25/twitter-plans-to-double-re...

Go figure, I guess if they can increase user numbers and cut costs somewhat they'll be okay.

Re:Can Elon Musk Make the Math Work on Owning Twitter? It’s ... by mikkergp on Monday October 31, 2022 @09:38PM (#33415901)
I wonder how they’re doing on this goal, looks like revenue peaked in Q1 2021 and is on its way down.