Elon Musk, the owner of X, criticized advertisers with expletives on Wednesday at The New York Times’s DealBook Summit.
Please buy Facebook next!!!
What happened to that cage fight?
Musk wasn’t ever going to go through with it. He was hoping Zuckerberg would decline and then he’d look like the big tough guy, but it fell apart when Suck called his bluff so now he just looks (even more) foolish.
that’s not true!
he cannot possibly look more foolish, at this point.
Watch em
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It was stupid from the start because Zuck is actually doing Jiu Jitsu and went to tournaments while Musik doesn’t seem to do much sports at all.
He doesn’t need to, just sharing his drugs with Zucc should do it.
“why are the companies leaving after I told them to fuck themselves and right after spreading nazi propaganda? It’s a mystery.”
The random downvotes in this thread makes me wonder if some musk fanboy is raging out while lurking.
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He’s trying to find a scapegoat to blame for destroying the company, and he seems to think he’s found it in the advertisers that are withdrawing their money.
Benny “Dry Humping Only” Shapiro is calling it an attempt to silence Musk and an attack on free speech
These guys never showed up for fifth grade civics
I think they have, they just know their base is easy to manipulate.
You can always count on Benny to come up with some hot take that’s wrong, stupid, or not even wrong.
Hard to deny this as he explicitly said it in this same interview, but the fan boys will
Don’t forget his “lawsuit” against Media Matters.
I heard David Samson (former president of the Miami Marlins) suggest that he wants the advertisers to all bail so that he can entice his sycophants to boycott the companies who pulled their ad revenue.
He suggested that if you have the type of f-you money to waste that Musk does, then it’s simply an ego move. He’s not going to succeed with XTwitter so he might as well let it burn, and scorch as many people as he can in the hopes of getting petty revenge on those who crossed him.
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Well, he’s well on his way to burning it down, so he’ll get at least half way there.
Musk: “F*ck off and don’t advertise.” Advertisers:
I thought this guy was supposed to be right wing? Doesn’t he like the free market? Because, I mean, the alternative is regulation. We could make antisemitism illegal, but in the west we have largely decided that we will instead rely on free market forces (read: public shaming) to root that shit out.
It’s almost as if… and this might sound crazy, but hear me out… it’s almost as if this guy wants the advantages of capitalism, but none of its disadvantages?
Everyone loves capitalisim until it’s inflicted on them. Oddly enough, this includes Musk.
What advertisers are doing isn’t capitalism it’s collusion to manipulate the market.
Yeah, that’s just capitalism.
Obviously you don’t understand capitalism and your just going off what people who want communism and socialism are saying.
So capitalism bans collusion? How?
Government regulations. Capitalism is a component of the government so it should take government action to enforce it.
Really? Because I’ve been repeatedly told by libertarian types (not socialists or communists) that any government regulation is not capitalism.
You’re free to disagree with them, but then I’m going to ask what your definition of capitalism is that assumes this regulation (not just allowing it, but mandating it).
Collusion implies the advertising clientele of Twitter conferred with each other, implicitly or explicitly, and decided to stop paying to advertise there in concert. That, more than likely, didn’t happen.
I simply made a claim to why something is happening whether or not is true is yet to be proven but that doesn’t mean it’s not a possibility. These companies want a hand in how the company is run and if they’re not getting what they want them calling each other up to coordinate an ads pull is a tool in their toolbox.
Either bring facts, or state it as an opinion, don’t try to do both or you will get called out.
It’s to early to state facts so it’s a given that most things mentioned this early would be opinions.
Most is not all.
So don’t try to use it as an excuse.
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He’s a libertarian. That means he thinks he can do whatever the fuck he wants but will squeal like a stuck pig at the slightest sign of pushback.
It’s very funny that his single biggest failure is so public. Like if The Boring Company couldn’t find customers, it would just quietly shut down. Newsworthy, but only for like a day.
This is monthly stories about severe incompetence and petulance.
Like if The Boring Company couldn’t find customers, it would just quietly shut down.
If? Besides a few small projects have they ever scored anything significant?
Elon: Go fuck yourself advertisers
Advertisers: Understandable, have a nice day [doubles spend on other platforms]
I don’t see how anyone expected this to end. I for one am hoping for a fatal ketamine od.
In case anyone else also sees a paywall: https://archive.is/9Pc44
Did anyone else get caught in a captcha loop here?
It’s no extortion, it’s not blackmail, it’s abandonment. What took these companies so long? I’ll never understand how calling out the rescue diver for going to Thailand wasn’t the end of Elon.
Huh. I wonder why Saudi Arabia isn’t demanding their $22B back.
The question is: Who the f–k does still pay for ads in that cesspit? There should be a wall of shame for those idiots.
“We’re too busy f***ing ourselves, so cannot advertise on X” - Advertisers, probably.
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I hope the businesses who come do like the BBC and spin up their own server. I don’t want them making accounts on places like Lemmy, like reddit, where someone is having their username taken away now for ‘trademark infringement.’ Username was “FoodNetwork.”
The fact that reddit just letting business steal fucking usernames is god damned vile.
Problem is, advertisers likely do not want to go on mastodon because they can’t advertise there
And that’s a feature not a bug. A lot are waiting on how ad sales will play out on Threads I bet.
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Companies give a shit about giving us information. It’s all about the advertising, so they will flock to the next closed-source company-controlled shithole.
I am really curious to know what sort of ROI these companies are getting on Twitter ads. How much did they spend, say 30/60/90 days prior, and how much drop in traffic/revenue in the following 30/60/90 days. Is there any way to find this kind of data?
They aren’t seeing the money they spend on Twitter back in most cases. Twitter as an ad platform is honestly terrible. There is very little targeting and even less control over what ads and content you don’t want to be posted alongside. Facebook is terrible and evil and very no good bad but as someone who has used FB as an advertising platform, it is light-year beyond what you get out of Twitter. You can target your advertisements so specifically that you could effectively pin point a single user with the demographics settings alone. You want to advertise only to Russian grandmothers who live on farms in Michigan and play pickleball on the weekends? Facebook will get you there. On Twitter, you get next to no click through because the ads are annoying and irrelevant to the user. On Facebook, the clicks just come rolling in because users see things that they would have been interested in anyways.
The thing everyone is missing in these headlines is why advertisers left in the first place. They aren’t leaving because there are horrible people on the platform and the CEO is a gobber with more money than sense. There are horrible people running these companies anyways. Anyone’s money is good to them. No, advertisers have left because Twitter refuses to improve in any meaningful way for the users or the advertisers. Why would I spend money on Twitter when that same money will get me 10x more clickthroughs and all of them by my target demographic on Facebook?
Do you know the comparable cost of ads on these platforms? Does a Facebook ad cost 10x as much as Twitter? Just curious why advertisers would choose to use Twitter in the first place if they don’t provide much value. Maybe companies just feel compelled to keep up with the Jonses, who are all putting ads there? Or is this a more recent based on how Twitter and Facebook are developing (or not) their ad platforms?
Aww. The whores don’t want to hang out on my corner anymore.
