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One year after being bought for $44 billion, X is worth $19 billion
(arstechnica.com)
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this post was submitted on 31 Oct 2023
1078 points (95.4% liked)
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Honestly the format is good for stuff like quick business headlines and rumors that you could use if you're trading (basically free "squawk", given that professional squawk services cost a lot). It's also good to quickly spread the word during protests or similar.
But I agree that all of that is still offset by the huge amount of smugness and "ratio" competitions.
Yeah that's a fair summary. It's brands doing announcements and ads, and people being assholes. Why would I be interested in either?