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Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by SilverBirch on Tuesday December 13, 2022 @09:13AM (#33969094)
Just for reference what Musk did is just blocked half the mobile carriers in emerging markets, kneecapping their ability to grow Twitter in those countries whilst only temporarily tamping down on bots. The bots will be back, the users won't.
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by blululu on Tuesday December 13, 2022 @09:25AM (#33969255)
Honest question: are low income users viable for an ad supported platform? As it is I think only North American online ads actually make decent money, though perhaps European and Asian ad markets also deliver value close to break even. It is all an investment in the future. The last 15 years have had a belief that more users means more money but this might be thinking that all users are the same when some are much more valuable than others.
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by SilverBirch on Tuesday December 13, 2022 @09:34AM (#33969375)
Meta makes revenues of about $15Bn in US & Canada, $8Bn in the EU and $10Boutside of EU & US/Canada each year. So it's clearly not nothing, and it's not like Twitter can afford to be picky about where it makes money.
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by CamelCaseName on Tuesday December 13, 2022 @10:30AM (#33970122)
Meta is insanely deep in those countries outside the EU/US/CA though.

As in, they are "the" internet for users who get it for free on their mobile plans and everything else costs exorbitant amounts of money.

I don't quite think Elon could do that, unless Starlink really takes off I suppose.

Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by AmericanChopper on Tuesday December 13, 2022 @04:56PM (#33976518)
> it's not like Twitter can afford to be picky about where it makes money.

Being picky about where you make your money is absolutely essential for most businesses. Every dollar in revenue costs some amount of money to generate, and choosing the right market segments to invest that money in is a foundational part of a business plan.

Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by blululu on Thursday December 15, 2022 @10:07AM (#34000627)
Revenue is not profit. It costs money to serve content. The EU has a 1.5x population of NA so that means it is only a third the revenue per user. The third segment has 6x population of NA so the revenue per user is only ~8% of a NA user and that population’s revenue stream is probably dominated by Japan, Korea, Australia and wealthy countries. At a certain point it costs more to serve content than ads will pay. Twitter doesn’t have the pockets to run a loss as an investment indefinitely so it needs to be picky about where it spends money.
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by blitzar on Wednesday December 14, 2022 @03:30AM (#33981266)
I thought it was a town square for the world?

The most important town square for the world.

Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by blamazon on Tuesday December 13, 2022 @04:19PM (#33975966)
"Mitchell and Webb - Kill The Poor":

https://youtu.be/owI7DOeO_yg

Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by P5fRxh5kUvp2th on Tuesday December 13, 2022 @11:35AM (#33971188)
If the plan was to do something short term while a better, longer term fix, is put into place, that sounds reasonable.
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by ollien on Tuesday December 13, 2022 @12:07PM (#33971800)
Do you have a source on this?
Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor... by matwood on Tuesday December 13, 2022 @01:06PM (#33973060)
https://www.platformer.news/p/how-elon-botched-his-war-on-bo...

> The project was part of Elon Musk’s attempt to rid Twitter of spam. But rather than work to remove individual offenders, the company identified mobile networks associated with large spam networks in specific countries, and blocked users who relied on those networks from receiving SMS messages from Twitter, impacting people with two-factor authentication. Then it blocked traffic from those carriers completely.

> From 5:35 AM to 6:45 AM PT on Sunday, Twitter shut down access to the primary telecom providers in India and Russia, as well as the second biggest telecom company in Indonesia, Platformer has learned.