News for hackers. Stuff that matters.
Re:Reddit Strike Has Started by chimeracoder on Sunday June 11, 2023 @06:23PM (#36286341)
You're getting downvoted, but you're correct. Twitter was profitable in 2018 and 2019. It then took a bath in 2020 (like almost all advertising-based businesses), and then was projected to recover to profitability in 2022 before Musk announced the takeover, which threw everything into a tailspin.
Re:Reddit Strike Has Started by throwaway2990 on Sunday June 11, 2023 @08:13PM (#36287070)
It wasn’t projected to recover. It was struggling. They had wayyy too many people working there.