News for hackers. Stuff that matters.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by mullingitover on Saturday October 07, 2023 @01:39AM (#37799265)
I wouldn't write off Threads just yet. Twitter management is racing to convert the site into a smoking crater, and Threads has become the default respawn point for most people who eject. Most of us would love to have a flop that gets 100M users in just over 100 hours.

This is more a case of Meta and AMZN not being able to produce growth through new products anymore. It's hard doing that when you're multi-hundred billion dollar businesses. They're trying to grow profits by squeezing their margins now, and it's too expensive to park talent to prevent it from going to competitors.

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by jessriedel on Saturday October 07, 2023 @01:51AM (#37799317)
> Most of us would love to have a flop that gets 100M users in just over 100 hours.

Vast majority of those users have stopped using the service. Activity is down at least 85%.

https://techcrunch.com/2023/08/31/threads-web-launch-did-lit...

https://www.similarweb.com/blog/insights/social-media-news/t...

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by mullingitover on Saturday October 07, 2023 @02:21AM (#37799447)
Yes, and it’s still doing 10x the DAU of Bluesky. Every time Twitter does something boneheaded, as seen this week, there’s another exodus. The best way to predict the future is to examine the past, and the past for Twitter is unforced error after unforced error sending their userbase running into Threads’ open arms.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by phatskat on Sunday October 08, 2023 @10:33AM (#37810806)
Oh man I missed it, what did Twitter do this time?
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by jessriedel on Sunday October 08, 2023 @11:45AM (#37811493)
I'm not arguing for Twitter's viability, just against the idea that Threads is promising. If there were repeated exoduses from Twitter to Threads, we'd expect to see Threads' activity go up, not decay smoothly downward.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by carabiner on Saturday October 07, 2023 @02:04AM (#37799371)
What happened to all those senior twitter engineers Musk fired a year ago who said twitter would die in a week without them?
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by analognoise on Saturday October 07, 2023 @02:38AM (#37799516)
"it's now worth 1/10 what you paid for it" seems like death to me; I assume those fired Twitter engineers just thought that would be considered failure.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by downvote_magnet on Saturday October 07, 2023 @09:22AM (#37801507)
The sole asset propping up the stock valuation was the engineers?
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by mullingitover on Saturday October 07, 2023 @10:55AM (#37802220)
This is a fair point. I think there were also product people in the rif that might’ve been able to push back on the notion of incinerating the Twitter brand.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by phatskat on Sunday October 08, 2023 @10:41AM (#37810888)
Obviously not, but when your engineers are leveling lawsuits left and right it certainly doesn’t help with confidence in your company.

Add to that the kind of person Musk is and Twitter is on a nosedive, it just has an absurdly long way to fall.

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by modeless on Saturday October 07, 2023 @02:13AM (#37799406)
Look at the replies on this post, it's a dumpster fire: https://www.threads.net/@jeffbezos/post/CyFInFjrRxs

So far, a community made of people whose most common shared trait is hating Elon Musk seems like not a very nice place to be.

The only interesting thing about it as a user is if someone famous happens to post there for some reason they often get very little engagement, and as a result if you reply to them there's a higher chance they might read it and respond compared to other platforms.

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by SturgeonsLaw on Saturday October 07, 2023 @02:53AM (#37799582)
Are they wrong to criticize Jeff "you paid for this" Bezos' rocket vanity project?
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by modeless on Saturday October 07, 2023 @03:27AM (#37799758)
Yes they are wrong, and you are wrong too. This isn't "Bezos' rocket vanity project". This is Amazon's Kuiper satellites, planned to provide globally available fast internet access and some welcome competition for Musk's Starlink. This isn't space tourism for rich people, Bezos has less than a 10% stake in it (through his remaining, dwindling ownership of Amazon), and it's not even using a Blue Origin rocket. It's a real business that should provide a lot of value to real people on Earth.

Besides that, the overwhelmingly hateful sentiment is way over the top. I want no part of a platform that is populated by people like that, especially when they clearly have no regard for facts.

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by mullingitover on Saturday October 07, 2023 @06:25PM (#37806054)
I enjoyed the civil honeymoon Threads enjoyed, but my feeling was always that we’d know Twitter was dead when the jerks migrated to Threads. The Bezos post comments marked that event.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by phatskat on Sunday October 08, 2023 @10:38AM (#37810857)
I mean I get that and hooray competition I guess? Personally, I don’t want either of those men in charge of a utility like that. Elon has already shown that he’ll mess with Starlink out of spite, and Bezos is a person who does not understand _anything_ about what being a person is.
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by modeless on Sunday October 08, 2023 @11:24AM (#37811281)
> Elon has already shown that he’ll mess with Starlink out of spite

Are you referring to the supposed shutting down of Starlink over Crimea during a Ukrainian operation? That was misinformation and never happened. The US government has control over Starlink in several different ways and you can be sure that if they really needed it turned on or off in any specific area they could have it done immediately.

Re:Tech giants Meta, Amazon lay off more workers as cuts con... by phatskat on Sunday October 08, 2023 @11:32AM (#37811358)
Thanks! I forgot that that part was from the book by Musk and Isaacson and is clarified shortly thereafter. I’ve updated my comment to reflect the actual impact (which I still don’t agree with)
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by inemesitaffia on Tuesday October 10, 2023 @10:38AM (#37832692)
The power to grant is almost always the power to deny or even take away
Re:Tech giants Meta, Amazon lay off more workers as cuts con... by fakedang on Saturday October 07, 2023 @03:00AM (#37799614)
Honestly the only interesting thing about that thread is the severe lack of engagement. Single digit likes and replies on the reply comments. Threads definitely didn't work out.