Experts in social media and advertising say an advertiser exodus has left X reliant on smaller, less reputable ad buyers.
  • X users are complaining about an influx of low-quality ads promoting crypto scams and AI “undressing” apps.
  • The decline in reputable advertisers on X has made the platform more reliant on less reputable ad buyers.
  • The exodus of advertisers, partially due to Elon Musk’s controversial behavior, has left X with a growing revenue gap.

Archive link: https://archive.ph/sbOxS

  • Mikina@programming.devEnglish
    21·
    8 months ago

    I though Twitter is publicly traded and has stocks? That would mean that he definitely has a duty towards investors who bought the shares to lead the company in a responsible way, and if he claimed that he destroyed it on purpose, it should lead to a lawsuit from them. But I ain’t no lawyer, only vaguely remember hearing something like that. Or does he own 100% of the shares himself and is the sole investor?