Most of the world’s biggest advertisers have stopped buying ads on Elon Musk’s X, exclusive new data shows::Musk and X CEO Linda Yaccarino have recently stated that most of the company’s top-spending advertisers from last year have returned.

  • cheese_greater@lemmy.world
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    2 years ago

    Does anyone else consider it plausible that flushing $44 billion is worth the cost if it removes that meddlesome social media platform that activists rely on to syndicate human rights abuses and document all the other terrible stuff that happens around the world?

    There’s something way sketch about this entire narrative

    • silverbax@lemmy.world
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      2 years ago

      Or, Elon Musk is just an idiot doing the same idiot things he’s always done.

      • Sarcastik@lemmy.world
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        2 years ago

        Bingo.

        That dick bag tried to rinse and repeat the same BS management strategy he used at a car company on a tech company and wouldn’t you know, it’s cratering right before or eyes.

        Shocking.

        • cheese_greater@lemmy.world
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          2 years ago

          Why can’t it be both? Maybe he’s a tool of someone, hell, he’s already a tool so 1/2 the work’s been done

    • RagingRobot@lemmy.world
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      2 years ago

      I don’t think so because another platform will pop up eventually. It’s too much money for a short term thing

      • Serinus@lemmy.world
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        2 years ago

        It’s probably a combination. He considered buying it for reasons including the above. He didn’t intend to pay $44 billion or actually buy the company. He didn’t intend to ruin it.

      • Lightor@lemmy.world
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        2 years ago

        Eventually could be a while, and during that time they don’t have to worry. Also, without it fully tanking and limping along, many will stay and have stayed. This removes the need for an immediate replacement and hurts the possible success of one as celebrities, companies, artists, etc can and do just stay on Twitter.

  • Buffalox@lemmy.world
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    2 years ago

    just two of its clients had purchased ads on X last month. That was down from 31 brands in September last year,

    This is a drop we have not seen before for any major advertising platform,

    Come on Elon, you got this. 😜

    Ebiquity said its analysis appears to contradict statements made by X CEO Linda Yaccarino

    Yes that’s what I thought, a bit of reality distortion and gas lighting the public will surely solve this. 😋
    Remarkable how much Elons tactics for the past few years remind me of Trump.

    • Sarcastik@lemmy.world
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      2 years ago

      Ebiquity said its analysis appears to contradict statements made by X CEO Linda Yaccarino

      Yes that’s what I thought, a bit of reality distortion and gas lighting the public will surely solve this. 😋
      Remarkable how much Elons tactics for the past few years remind me of Trump.

      I think it’s called lying

  • BigBlackCockroach@lemmy.world
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    2 years ago

    Lmao Elon 😂

    BTW all his escapades are the biggest unpaid marketing campaign in recent history. He may not be doing it deliberately but clearly it’s working, media, and people continue to talk about Musk. This free puiblicity makes his businesses more likely to succeed as people are aware of every step he takes including new businesses.

    After careful consideration I revise my statement: Elon is the smartest person in the world as he has the most money. Just like McDonald’s has the best food as they’ve got the most sales.