The Core

Why We Are Here => Traffic => Topic started by: rcjordan on September 05, 2024, 07:55:38 PM

Title: X suffers from toxic leadership --LM
Post by: rcjordan on September 05, 2024, 07:55:38 PM
https://www.cnn.com/2024/09/05/business/advertisers-x-withdrawal/index.html

Advertisers plan to withdraw from X in record numbers | CNN Business
Title: Re: X suffers from toxic leadership --LM
Post by: littleman on September 05, 2024, 08:50:56 PM
I suppose he could keep it alive forever, but it will eventually be just him and a couple of sysadmins renting a 2u rack space somewhere. I think it's only a matter of time until the EU follows Brazil's lead.
Title: Re: X suffers from toxic leadership --LM
Post by: ergophobe on September 06, 2024, 01:01:41 AM
I don't think so. He bought it on leverage and, as I understand it, needs it to run in the black. He, of course, could keep it alive by selling Tesla if there is anyone who can afford to buy it, but I don't think he has the cash flow to just keep it running as a hobby project that loses tens of millions of dollars per year.