Submitted 1 year ago by stopthatgirl7@kbin.social to technology@lemmy.world
https://fortune.com/2024/01/09/elon-musk-x-video-first-platform/
The claim is a major departure for the service, which has long been known as a destination for posting short snippets of text.
I haven’t visit twitter/X for a while. A “video-first platform” typically supports live streams, captions/subtitles and 4k videos. Does X supports these?
Best I can give you is low quality videos with a max length of 2:20 that occasionally lose audio sync, and sometimes the audio decides it doesn’t want to work at all.
I suppose that’s better than being a ‘white supremacists first platform’ but I bet they’ll probably still do that too.
He probably figured that it was implied that they would be white supremacist videos. I mean, what other kind would they host at this point?
You need video to show with certainty that they are white. Text can be written by anyone
Musk is to Zuckerberg what Donald Trump is to Sheldon Adelson. They’re in the same business, but one is a ruthless, highly-adapted predator owning the industry and making a killing, while the other is a large adult failson frittering away his inheritance cosplaying as the other guy and managing to go bankrupt running a casino.
Donald Trump is ruthless. Not because he needs to be, but because he uses it to stroke his ego, like compulsive masturbator uses his hand.
He’s also a walking example of Dunning-Kreuger. He’s convinced he’s a genius when in reality he is dumb as fuck. He is uneducated white trash with money. If his daddy wasn’t rich he’d be a homeless person eating out of a McDonald’s dumpster.
So can we now stop embedding Twits in articles instead of simply including the pictures?
Something that I feel needs to be reiterated with all of these “news” pieces - the “71% drop” everyone is touting is from the stupidly high price Musk bought Twitter for that only ever represented his desire to flex, not the value held by the site itself. Even Musk knew it wasn’t worth that much and tried desperately to get out of the deal himself.
Which only means he double fucked himself from the start.
By all means, laugh away. I just appreciate honesty/clarity.
Twitter was trading around $40 at the time he made the offer for $54 per share. At the current value, that equals $15 per share. The last time Twitter was trading at that value was 2017.
These are all rough numbers based on some graphs I looked over quickly.
If you want to play devils advocate on this topic you should understand what you’re talking about.
What? I’m not really sure what you’re trying to disprove here. We seem to be in agreement that the buyout sum didn’t match the trading price*.
*The price before Musk started manipulating it with his showboating.
It wasn’t just him though, he put up less than half the money. Other investors and lenders backed that price and hoped to profit after the purchase. I think it’s fair to say that the market valued Twitter + Elon at the price he paid, and was initially willing to pay more than what Twitter was trading at because they bought into the idea that he’d do good things with it.
Elon only wanted to back out after tech stocks overall dropped further following an increase in inflation concerns (they were already down, providing an opportunity for the buyout, but continued to fall after the deal). But most tech stocks have since recovered those losses and the nasdaq is up about 10% from where it was at the time of the deal.
The amount the Saudis are willing to pay to kill the platform so it can’t support the next Arab Spring, and the amount “the market” thinks the company is legitimately valued at for non-ulterior motives, are two very different things.
Him paying the full amount doesn’t really factor into my point, which is that Twitter wasn’t that valuable.
Somethings only worth what someone pays for it
A few months back and he was driving his employees to produce banking apps and god knows what else. I wonder what they think of their mercurial asshole boss who’ll demand everything all at once.
It’s “just” programming, how hard are can it be the program the app that does everything? /s
I’m still not convinced this wasn’t just an effort by Saudi Arabia to dismantle the platform.
And if not true, they’re getting their wish anyway without having to spend any money…
Other than the billions they loaned Elon so he could make the purchase without spending any of his money…
In a few more months, it will turn into world’s most serious scientist’s exchange, and next year (if it’s still not dead) it’s going to evolve further into a platform for testing and comparing children’s games of different cultures and hair colors.
“Pivot to video” - How many popular sites turned to shit and died 15 years ago.
It’s not a video service, it’s a pile of poo.
There sure is a lots of video with young looking girls on there, but I’m not sure why anyone would be advertising that.
Young looking or too young? Big difference. Advertisers have no issues at long as they are old enough on paper.
I really am not one to chastise people for either looking at porn or searching for petite men/women. Unfortunately I’ve seen a handful of short sequences on twitter that pushes thing really, really far to make them look like kid, to the point that no physical feature could be associated to actual adults. So while it’s impossible to know with absolute certainty (especially since these are posted by bots account with absolutely no working link to any actual source or info), it really did not look like it was the “young looking” type, at least not as far as any other porn sites shows young looking women.
X, the platform formerly known as twitter, is now dealing in sour grapes.
This might work but on the other hand, the brand name “X” doesn’t have a nice ring for the younger generation unlike TikTok or even Vine. “X” is so… Gen X…(sorry, boomer for the young 'uns for everything before 2010).
Gen X is not boomers. Gen X is the “lost generation” which is ironic considering the context here. They were between boomers and millennials, and are typically the parents of millennials and some gen z.
If they are parents of millennials, then only of the youngest I think. I am an older millennial (born 1986) and my parents are 65 and 71 (thus being “boomers”).
Twitter can show videos?
Elon, put down the crack pipe.
Right? If this guy wanted tictok then why didn’t he just buy tictok instead of dumping money into something completely unrelated and then turn it into a shitty competitor for the already established tictok “market.”
But yeah, Big Brains will keep telling us Billionaires are Smart People that totally earned their wealth… 🙄
He didn’t want a video platform, he wanted to control twitter. Once he had it he had to figure out how to make money.
Honestly if Elon The Musky Husky wanted to rebrand twitter as a competitor to Youtube, there’s a 10% chance I might start using the platform, which is 10% more than usual.
110% of zero is zero
It’s really wild to go from real life, where I don’t know anyone who uses twitter, to online where people are very interested in what’s happening to it.
Do these people not know a ton of viewership for news shows is that the channel is just on? Who’s gonna go to twitter and watch Don Lemon talk about stuff if they have to seek it out? Maybe they think it’s a built-in audience because people are there so surely they’ll watch?
Basically it’s content that expires quickly that isn’t “just on” anywhere. I’m no genius but I wouldn’t count on it working.
In Norway less people use Twitter then fucking teletext Image
Yet it’s in the media all the time
That screenshot is old enough to drink. Do people actually still use teletext?
Twitter is shoved down our throats because every time you go to a news site they embed it into their articles. Twitter is a success because journalists are addicted to it despite constantly complaining about how shitty it is.
What journalist wouldn’t love a giant repository of short, easily digestible, up to the minute quotes, with built in attribution?
Elon’s statements are the verbal equivalent of getting drunk and vomitting on a wall. Stuff comes up that you never expected to see, it creates a huge mess, and whatever sticks, sticks.
This guy never told a truth in his life.
And yet, how often does Elon create and post videos?
I’m looking forward to all the selfie videos with Elon sitting on the toilet accusing his advertisers of being pedos. Then we can sit and guess what specific drugs he’s on that particular day.
I look forward to the drunk cheeseburger eating.
Okay, so is there a way for me to see the current value of Twitter/X? He lost a bunch as he renamed to X and THEN everything went down the drain. So what’s left?
Merge with Vine?
Oh shit, why doesn’t he revive vine?
X the christofascist platform what?
#fuckingcapitalists #goddamnedfascists
He missed the image board step in X devolution.
This is the best summary I could come up with:
Elon Musk’s X, long known as a service for posting short text-based messages about anything and everything, claims it’s “now a video-first platform.”
The assertion, made by the company today in a blog post that was aimed at advertisers, follows an exodus of marketers from the platform including Disney, IBM, and Apple after Musk’s assertion that an anti-Semitic conspiracy theory was the “absolute truth.” That implosion plus other missteps have caused the value of the business to plummet from its $44 billion sales price last year by more than 70% according to Fidelity, one of X’s investors.
A source at X, who asked to remain anonymous because they weren’t authorized to talk to the press, was skeptical about the blog post’s assertion of a video-focused transformation.
“We’re just starting to add in video ads with a similar thing to YouTube where you can skip ahead after five seconds,” Musk said.
Yet many users complain that many ads are from low-quality marketers pitching counterfeit luxury goods and fake Keto Drops endorsed by Shark Tank.
Elon Musk discussed his vision and features for a Twitch competitor while playing Diablo online for 3 hours
The original article contains 552 words, the summary contains 184 words. Saved 67%. I’m a bot and I’m open source!
A video-first bank?
My first comment on here.
Welcome to lemmy
spits
Oh look a very current situation that affects technology but ohhhh noooo it happens to mention Elon Musk (you know, a dude who affects technology) now we get to listen to grown people cry and whine because they just cant stand that this guy exists and affects technology in a very real way. I dont like the dude either but I do like technology news which this and most of his decisions end up being a part of. Cry harder somewhere else almost every other comment is like “just cover your eyes and go la la la la la and he doesnt exist or influence technology anymore lets just ignore him!” Christ
If you call killing Twitter, creating a disaster car no one wants to ride, and pretending to be the only company working with brain chips “affecting technology in a real way”, then yeah sure have your day.
If you don’t want to hear shit being said about Musk, I suggest you go somewhere else to another platform known for sucking his ass.
and don’t get me started on the tunnel… I think it’s people like you who don’t want to accept that Musk assspam is a total fucking failure with no net contribution to society
notannpc@lemmy.world 1 year ago
I claim that I am now a millionaire.
Doesn’t make it true though…
coffeebiscuit@lemmy.world 1 year ago
Yes. I’ll cover as a witness.