ghariksforge@lemmy.world to Technology@lemmy.worldEnglish · 1 year agoAdvertising revenue in Twitter crashes by 50%lemmy.worldimagemessage-square325fedilinkarrow-up12.22Karrow-down149file-text
arrow-up12.17Karrow-down1imageAdvertising revenue in Twitter crashes by 50%lemmy.worldghariksforge@lemmy.world to Technology@lemmy.worldEnglish · 1 year agomessage-square325fedilinkfile-text
minus-squareRidcullyTheBrown@lemmy.worldlinkfedilinkEnglisharrow-up9·1 year ago and the metric is growth No, not really. The metric is growth only for those who aren’t profitable. They use growth as a promise of future profits. Meta/Facebook is turning in a huge profit each ear. Nobody cares about the user count that much anymore unless it sharply falls. Twitter is different. Twitter didn’t really make a profit yet. They aren’t profitable.
minus-squareAjen@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 year agoNo, even profitable Fortune 500 companies are focused on growth.
No, not really. The metric is growth only for those who aren’t profitable. They use growth as a promise of future profits.
Meta/Facebook is turning in a huge profit each ear. Nobody cares about the user count that much anymore unless it sharply falls.
Twitter is different. Twitter didn’t really make a profit yet. They aren’t profitable.
No, even profitable Fortune 500 companies are focused on growth.