Topic: Elon Musk and the fall of Twitter - page 10. (Read 3077 times)

There must have been a reason behind Elon Musk buying Twitter for such a huge sum of money. He would not have bought such a social media at such a high price for no reason. At the moment, Elon Musk is thinking of several income streams with Twitter. The amount of money Elon Musk has invested in Twitter will see him earning millions of dollars from the Twitter platform after a few years. After the change of ownership of Twitter, when Elon Musk introduced certain rules on Twitter, Mark Zuckerberg launched another copy of Twitter in the app market. Mark Zuckerberg's app created a lot of buzz in the beginning for bringing another exact copy of Twitter to the app market but later this app did not offer the same or better features than Twitter due to which people came back to Twitter again. After all, Elon Musk bought Twitter and never failed his investment.

Personally, I find it interesting to see how this develops. I think Elon Musk is always looking for ways to expand his influence and reach, and Twitter would certainly give him a platform to do so. Though I still wonder how he would handle the responsibility of owning such a vast social media network.

Yes, listening to feedback is one reason why users continuously support and patronize a platform. Improving services to meet their users' needs will reflect better satisfaction and loyalty because it shows that they value their users and are committed to providing the best possible experience. When users encounter issues that are not resolved over time, they will likely leave and look for another substitutional platform for Twitter, or it may even be possible that a competitor may even rise to offer a better platform experience.

I really like the new design and layout of X now. It feels more modern and user-friendly. However, I've noticed that some of the features I used frequently have been moved around or deleted, and I've noticed that Twitter has been experiencing some issues lately. I have trouble accessing the site and posting tweets. I'm sure Elon and his team at Twitter are working hard to resolve the issue. Let's just look forward and see how Elon will handle this.

You are giving too much regard to Elon Musk regarding this issue, as of the time that this thread was open, Elon Musk was retarding Twitter and perhaps regretting his takeover, in other words, he failed as the CEO and everything was just regressing. This prompted him to task people to vote and people actually voted him out as CEO, that's inside Twitter itself. Meaning that more people didn't want him and his ill ways of managing the microblogging app.

Things started getting better when Linda Yaccarino became the CEO, and with her track record, I don't think anyone should doubt her. It's a recent development that is worthy of appraisal, and thanks to Linda Yaccarino, not Elon Musk. But I agree with you, there are now new developments which I better call the evolution of new ideas. Still, you should know that it's now more than the original Twitter, it's something else.

Well Elon Musk is not going to cooperate with no one he doesnt want to. Even when a special council got a search warrant for records of Donald Trumps twitter account, Elon Musk would instead choose to pay a $350,000 fine.

https://apnews.com/article/twitter-trump-account-capitol-riot-jack-smith-9e66943fd7ebdae0038838c144b57d4f

I'm not so sure about this. Yes, we cannot obviously tell Elon Musk what he should and shouldn't do, but it should be remembered that Twitter (now referred to as X) is a social media platform. Hence, its heart and core are its users which means user's opinions and feedbacks matter. Right now, the general users of the platform are either pleased or not happy with the rebrand Elon did. We'll see after a few months what the changes the rebrand brought will do to the platform.

Sometimes we don't need to hear other people opinion. I think Elon musk did a good job for twitter. even he already rebranding it. there is something that called product life cycle, if he rebranding it then it may safe twitter that we called X now. he is smart I think there is nothing to worry about what he is doing.

From platform "for teens, fandoms and other online communities" it has turned into platform for business. Now it is a must for business to have a twitter account as one of the social media platforms for marketing. Not to mention those who use twitter directly as a trading place for their business. And how through twitter people make announcements and statements. Many times we have seen in news or media link to "one famous person twitter this and that" and discuss resonance that tweet made.

Twitter hasn't and wouldn't in the next few years fail as a business. But as a social media platform? It is slowly losing its magic on people. Long gone were the days were Twitter used to be the main platform for teens, fandoms and other online communities. However, this does not mean Twitter will go down already, perhaps this is why Elon Musk is rebranding the platform.

A lot of people dont realize how big business work. From their point of view, when you start or buy business, you are obligatory to get profit the next day after purchase. People dont know that there are lots of companies that work with losses for years and decades, and feel fine. People dont know that even if company ends financial years with a loss, that company might have millions and billion in turnover, have lots of supply funds frozen in fixed assets and debtors. Until Twitter announced themselves to be bankrupt, Twitter hasnt failed.

Today X has paid many people. X has now become a place where you can get paid like twitch. This seems like just the beginning. The application is very open to development. Elon can add many different things to the X application. Elon has such an opportunity.

I think it's too early to talk about the value of implementation X yet. Because many innovations will come to the application and there is no other application that can compete with this application.

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

Elon Musk had gave some details about his 'cage fight' with Facebook CEO Mark Zuckerberg. He says it will be streamed on X. And all proceeds will go to charity for veterans.

https://apnews.com/article/elon-musk-mark-zuckerberg-cage-fight-28598abc5be6959f01c1b0079211a360

Elon Musk is a very smart man so we can't easily call him stupid. Whatever work Elon Musk does, he must have a specific plan behind it. Then in every business he loses at first but later he succeeds in that business and earns a lot of money. In the beginning when Elon Musk first bought Twitter, many called his Twitter purchase a failed investment, but as time has changed, he has been proven right all the time. At the moment, the amount of investment in Twitter has increased a lot. Twitter is seeing some changes after a small update recently. In the future, he may add several new features to this social media platform, which will increase its popularity and he will become a successful investor from Twitter investment.

Well there is rumors that are going around. They are saying that Twitter was going to launch its own crypto token.
And I did not think this was going to make it worth it for him. Elon Musk is a big supporter of crypto like Doge. So it would not help him to have a crypto token for Twitter.
https://www.theblock.co/post/243375/elon-musk-x-crypto-token-never

What I meant when I said about him getting out the technological field is that he clearly doesn't want to be tightly assosiated only with it. He has to declare himself as someone more than just a developer, even such a successful one. He needs to create another image of himself and social media he owns will definitely help him to achieve that goal. I don't say he bought twitter only because of that reason, but it was one of the main of his goals, in my opinion.

I don't know if he will one day join the American political race. But the Twitter acquisition is more about politics than his business goals, so it's not entirely true that many people criticize him for killing the popular social network. But I don't agree with you in thinking that he wants to get out of the  technological field because most of the companies he owns are mostly tech companies, and his latest is tech companies too. In my opinion, his ambition is much bigger than what he is achieving, so it seems a bit absurd to say that he bought TW just because he wants to be a politician.

Elon Musk does not have a goal of becoming a successful CEO of Twitter, he will always find someone to do this job for him. The reason why he has taken this case is precisely because he plans to get out of the technological field, with which everyone used to associate him, and declare his political ambitions. And for this, he needs a platform to promote his views and ideas, and to influence the audience, which will later become voters. He wants it to be his voters.

There were a ton of features that needed to be developed, but again, as Elon said before, it saved them plenty of time buying Twitter because that is his plan, and for sure the next will be the payment systems that he highlights. Let's see if this app will be successful. Even the road ahead is still far, it still gets me feeling excited about this, but I don't keep my emotions high as we don't know if this will fail or just be hype. Let's see what happens along the way.

Well that vision looks far far away from becoming true, because currently the only thing you can do with "X" is tweet with it (and trading features are nowhere in sight). It's not like he's magically going to find developers and program managers to design mini-apps to compete in other fields when Twitter is still cash negative and can't even sustain its own service.

Yes you are right about this. And Elon Musk did say the new X will change the way you do business financially.

He said we will be able to 'conduct your entire financial world on the platform'. This is very exciting thing to hear from him.

https://www.businesstoday.in/technology/news/story/twitter-name-made-sense-when-it-was-140-character-messages-elon-musk-says-x-is-not-just-a-name-change-391101-2023-07-25