• traveler01@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    Funny though that if Meta felt the need to make a Twitter clone it means Twitter is indeed doing well. Let’s see if Musk will do anything about it instead of resorting to cry about the matter.

    • Avid Amoeba@lemmy.ca
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      Depends on what you mean by doing well. It doesn’t follow that they’re making money from those 200M users. But they do have those users. If Meta can convert them to Threads, then they could make more money from them, given they actually have advertisers.

      • traveler01@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        In my view Musk is probably looking to have some profit in the following years with Twitter. Twitter Blue sub was kinda a genius move which means he’s making a steady income from every subscriber plus the ads he shows to those users (even though it’s a smaller amount should be profitable).

        He took a public company that was mowing through investor money to make it break even, to an actual profit.