• ☆ Yσɠƚԋσʂ ☆OP
    link
    fedilink
    arrow-up
    7
    arrow-down
    1
    ·
    2 years ago

    My experience is that SV companies tend to hire people as part of demonstrating growth to investors. Layoffs starting with the data engineering team is suggestive that they may deprioritize analytics going forward. Twitter having less moderation going forward is also highly likely. At the end of the day these companies just care that enough users stay on the platform to monetize. Remains to be seen where this goes, but it’s certainly possible for twitter to be profitable if they focus on direct monetization. For example, if they charge a fee for blue check accounts that could create a significant revenue.

    • pingveno
      link
      fedilink
      arrow-up
      8
      ·
      2 years ago

      The irony is that Twitter isn’t even really that big of a platform as Internet giants go. It has outsized influence because it’s the platform of choice for media outlets, journalists, celebrities, etc.

        • Daryl76679
          link
          fedilink
          arrow-up
          3
          ·
          2 years ago

          In fact, Techlore got banned from there and created their own update system complete with an RSS feed.