Tag: Twitter Spaces

Musk Says Twitter Cash Flow Still Negative as Ad Revenue Halved
16Jul By adminNo Comments
Technology

Musk Says Twitter Cash Flow Still Negative as Ad Revenue Halved

[ad_1] Twitter owner Elon Musk said the company still has a negative cash flow because of its heavy debt load and a roughly 50% drop in advertising revenue.The social media site will “need to reach positive cash flow before we have the luxury of anything else,” Musk said in a tweet. Several top advertisers paused spending on the platform after Musk acquired the company last year over concerns about changes the billionaire could make. Earlier this year, Musk said that many of the advertisers who fled had returned, and that becoming cash-flow positive was imminent. “Almost all of them have either come back or said they're coming back,” Musk said in a Twitter Spaces in April.Advertiser spending dropped 89% to $7.6 million over a two-month period early this year, according to estimates for ...
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Digital superintelligence could take over China? Know what Elon Musk said
14Jul By adminNo Comments
Technology

Digital superintelligence could take over China? Know what Elon Musk said

[ad_1] Billionaire Elon Musk recently expressed his belief that China stands alongside humanity when it comes to artificial intelligence (AI). He stated that China would be open to collaborating with the international community to establish common guidelines for this transformative technology, which he refers to as a "civilisational risk."Musk also underlined the threat that AI poses to China. The Tesla CEO says he told the Chinese leadership that if they create some kind of a Digital superintelligence, then it could very well take over the Communist Party itself and through this powerful platform, even China itself. “No government wants to find itself unseated by a digital superintelligence,” Musk said. He added that this point actually hit its mark and the Chinese authorities took not...
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Twitter’s launch of DeSantis’ presidential bid underscores platform’s rightward shift under Musk
26May By adminNo Comments
Technology

Twitter’s launch of DeSantis’ presidential bid underscores platform’s rightward shift under Musk

[ad_1] Two years ago, signing a bill intended to punish Twitter and other major social media companies, Florida Gov. Ron DeSantis blasted the platforms as "suppressing ideas” during the COVID-19 pandemic and silencing conservative voices.What a turnaround. The new Elon Musk-owned version of Twitter helped DeSantis launch his bid for the Republican presidential nomination Wednesday. Though it was marred by technical glitches and skewered by the candidate's critics, the forum nevertheless underscored Twitter's unmistakable shift to the right under Musk, who bought it for $44 billion and took over in October. “The truth was censored repeatedly, and now that Twitter is in the hands of a free speech advocate, that would not be able to happen again on this Twitter platform,” DeSantis said dur...
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Twitter Will Keep Using Spaces as a Forum for Politics After DeSantis Campaign Launch
26May By adminNo Comments
Technology

Twitter Will Keep Using Spaces as a Forum for Politics After DeSantis Campaign Launch

[ad_1] Twitter will “keep experimenting” with its audio platform Spaces to give political candidates a chance to connect with an audience, despite the technical glitches in a high-profile event, said David Sacks, who moderated a discussion between Elon Musk and Florida Governor Ron DeSantis on Wednesday.Sacks, a general partner at venture capital firm Craft Ventures, acknowledged that the conversation got off to a rocky start, but said it went well after they switched from Musk's account to his own. “If your viewers go to Twitter now and go listen to the recording, I think they're going to wonder what all the fuss was about,” he said on Bloomberg TV Thursday. “Once we got started in a room on my account, we worked up perfectly,” The Twitter Spaces event was intended to kick off DeSantis...
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Elon Musk wants to build a digital town square; But his debut for DeSantis had a tech failure
25May By adminNo Comments
Technology

Elon Musk wants to build a digital town square; But his debut for DeSantis had a tech failure

[ad_1] Elon Musk wants to turn Twitter into a “digital town square,” but his much-publicized Twitter Spaces kickoff event, with Florida Gov. Ron DeSantis announcing his run for president, struggled with technical glitches and a near half-hour delay Tuesday.The billionaire Twitter owner said the problems were due to “straining” servers because so many people were trying to listen to the audio-only event. But even at their highest, the number of listeners listed topped out at around 420,000, far from the millions of viewers that televised presidential announcements attract. “There's so many people,” said host David Sacks amid the disruptions. “We've got so many people here that we are kind of melting the servers, which is a good sign.” After it concluded without further disruptions, Musk,...
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What is Twitter Spaces where Ron DeSantis will announce his presidential run?
24May By adminNo Comments
Technology

What is Twitter Spaces where Ron DeSantis will announce his presidential run?

[ad_1] Florida Governor Ron DeSantis will announce on Wednesday he is entering the 2024 presidential race during a Twitter Spaces discussion with billionaire Elon Musk, the first time such an announcement will be made on social media.Musk and DeSantis will host the event on Twitter Spaces at 6 p.m. ET (2200 GMT) and the session will be moderated by tech entrepreneur and close Musk confidant David Sacks. WHAT IS TWITTER SPACES?It is a feature on Musk-owned social media platform Twitter where users can have live audio conversations. They can join, listen and speak in a "Space," according to Twitter. Any user with 600 or more followers can host a Space. Up to 13 people can speak in a Space at any given time, including the host and two co-hosts. Spaces are public and can be accessed by anyo...
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Here’s what Twitter lost in advertising revenue in final months of 2022
20Jan By adminNo Comments
Technology

Here’s what Twitter lost in advertising revenue in final months of 2022

[ad_1] Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company's dominant revenue source. Fourteen of the top 30 advertisers on Twitter stopped all advertising on the platform after Musk took charge on October 27, according to the Pathmatics estimates. Four advertisers reduced spending between 92% and 98.7% from the week before Musk's acquisition through the end of the year. Overall, advertising spending by the top 30 companies fell by 42% to an estimated $53.8 million for November and December combined, according to Pathmatics, despite an increase in spending by six of them. Pathmatics said the previously unreported figures on Twitter advertising are...
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Elon Musk Disables Twitter Spaces After Clash With Journalists
16Dec By adminNo Comments
Technology

Elon Musk Disables Twitter Spaces After Clash With Journalists

[ad_1] Twitter owner Elon Musk said late Thursday night that the company was fixing an old bug and the audio service “should be working tomorrow.” Twitter Inc.'s live audio service, Twitter Spaces, is down after a number of journalists that had just been suspended from the social network found they could still participate on it. Twitter owner Elon Musk said late Thursday night that the company was fixing an old bug and the audio service “should be working tomorrow.” Earlier in the evening, Musk's network threw reporters from CNN, the Washington Post and the New York Times, among others, into a seven-day suspension for allegedly disclosing the location of his private jet. Twitter Suspends Journalists Who Musk Says Imperiled His Safety BuzzFeed News reporter Katie Notopoulos wen...
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