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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

US ad revenue at Musk's X declined each month since takeover -data::Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

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[-] Buffalox@lemmy.world 8 points 1 year ago* (last edited 1 year ago)

Technically it didn't decline each month, but it's been lower each month than before the takeover. For the past 6 months staying steady at about 60% lower YoY.

If musk can manage it all by himself, he may actually succeed to make it profitable. /s

[-] moshtradamus666@lemmy.world 10 points 1 year ago

Yeah because he is like super smart and shit

[-] Buffalox@lemmy.world 6 points 1 year ago

Exactly, there is zero doubt he sees himself as super-duper-uber-smart, he seriously claimed in an interview, that he knows more about manufacturing than anybody else on earth.

That's quite an ego.

https://min.news/en/economy/aa9ecf402dc7d5b2ecbdd4160696bf2f.html

[-] moshtradamus666@lemmy.world 2 points 1 year ago

He is just some rich bitch

this post was submitted on 06 Oct 2023
421 points (100.0% liked)

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