this post was submitted on 23 Oct 2023
774 points (94.0% liked)

Technology

59148 readers
2266 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
774
Most of the world's biggest advertisers have stopped buying ads on Elon Musk's X, exclusive new data shows (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
88 comments fedilink hide all child comments
 

Most of the world's biggest advertisers have stopped buying ads on Elon Musk's X, exclusive new data shows::Musk and X CEO Linda Yaccarino have recently stated that most of the company's top-spending advertisers from last year have returned.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

That seems like really low numbers. Ex-Twitter is (in theory) a multi-billion dollar company and Visa should be a "whale" of a client... $77.5k is nothing for advertising revenue. A drop in the expense budget. That's not even one software engineer. How does the company stay afloat if numbers look like that?