Threads, an Instagram App

Re:Threads, an Instagram App by upon_drumhead on Tuesday July 04, 2023 @01:25AM (#36582547)

Twitter was profitable for two years, 2018 and 2019.

My understanding is the majority of those loss years was due to how they accounted for RSUs, however I can’t find that easily right now.

I don’t get the impression that it was at all close to imploding pre-musk. Do you have any links to back up that claim?

[ Parent | on HN ]

Re:Threads, an Instagram App by zimpenfish on Tuesday July 04, 2023 @03:58AM (#36583608)

Also "technically profitable" in 2021 -- except for a $760M legal settlement they had to pay out which dropped them to a ~$490M loss.

[ Parent | on HN ]