• Mr_Figtree@kbin.social
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    1 year ago

    So far it doesn’t look like he’s getting away with it. Ad revenue is down 60% compared to last year, it doesn’t look like there is enough revenue from subscriptions to make up for that, and they’re being evicted from one of their offices.

    • Davel23@kbin.social
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      1 year ago

      they’re being evicted from one of their offices.

      That story is (unfortunately) not as bad as it sounds on the surface. Basically the office they’re being evicted from was leased just as COVID lockdowns were happening and WFH became a thing. So no one was actually working there and it was pretty much just sitting empty. It’s still not great, but Twitter isn’t really losing anything of value.

      • Mr_Figtree@kbin.social
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        1 year ago

        Ah, I see. Maybe one of the offices they’re actually using and also not paying the rent on next? A man can dream.

    • dawnerd@lemm.ee
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      1 year ago

      No, but the users still keep using it and the bigger advertisers are coming back. It’ll get sold off but love on. Too many people unwilling to let go.