• volvoxvsmarla @lemm.ee
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    1 year ago

    I would guess the ad revenue. Twitter sells ads. Businesses are probably less likely to advertise on a rebranded platform that implemented so many controversial changes that advertising on it is now not only hitting a much smaller target group (since people left) but is also associated negatively, which might lead to losing even more clients. It is like a local organic fair trade food brand being associated with nestle. This will probably not lead to an increase in sales but much the opposite.

    • crashfrog@lemm.ee
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      1 year ago

      Twitter isn’t losing users, it’s gaining them. They may be losing advertisers but “branding” doesn’t really have anything to do with that. Advertisers go where the eyeballs are, brands are otherwise meaningless to them.

      • skulblaka@kbin.social
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        1 year ago

        Twitter isn’t losing users, it’s gaining them

        [citation needed]

        According to every source I can find X/Twitter has lost around 32 million users and counting since the rebrand.

        • crashfrog@lemm.ee
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          1 year ago

          Yeah but it’s gained more than that. So, on net, it’s gaining users.

          • gbuttersnaps@programming.dev
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            1 year ago

            This is just misinformation, Linda Yaccarino confirmed that Twitter is down from 140 million daily users at the end of 2022 to 121 million daily users now.