I am excited to welcome Linda Yaccarino as the new CEO of Twitter

Re:I am excited to welcome Linda Yaccarino as the new CEO of... by DoesntMatter22 on Sunday May 14, 2023 @09:49AM (#35937952)

He's said in a Twitter spaces that he's reduced the expenditures down to basically the interest payment and another billion and a half on top of that. A large part of the reduction was shutting down a lot of the unused servers.

So 2.5 billion in expenses. In 2021 Twitter had Revenue of 5 Billion. So obviously they have lost a lot of revenue, as Elon himself has admitted. But between the cuts they are close to breakeven.

Now with a new CEO who is much more advertiser friendly they are going to get a lot more advertisers back. She will be the new face of the company. Then, likely they will start paying down that debt. Each time they do their burden will be less.

Tesla is the most profitable car company per car. Musk isn't going to have a problem making Twitter profitable, though he put himself behind the 8 ball.

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Re:I am excited to welcome Linda Yaccarino as the new CEO of... by ipython on Wednesday May 17, 2023 @09:58PM (#35983394)

Way behind the eight ball. He managed to take an already toxic platform and make it worse (somehow). When I visit it, not logged in, all I see are promoted Musk tweets and stupid memes totally unrelated to the content I just viewed. Makes it entirely unpalatable for me.

As they say, at least it’s not rocket science. Except in this case apparently running a social media site is actually more difficult than rocket science.

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