91

another change to Twitter’s ad policy. Starting August 7th, advertisers that haven’t reached certain spending thresholds will lose their official brand account verification. According to emails obtained by the WSJ, brands need to have spent at least $1,000 on ads within the prior 30 days or $6,000 in the previous 180 days to retain the gold checkmark identifying that the account belongs to a verified brand.

top 19 comments
sorted by: hot top controversial new old
[-] Gormadt@lemmy.blahaj.zone 49 points 1 year ago

Elon speedrunning killing Twitter I see.

Oh sorry, X

[-] mp3@lemmy.ca 19 points 1 year ago

It's only for 𝕏posting anyway.

[-] XEAL@lemm.ee 12 points 1 year ago

Let's see if he buys Reddit next...

[-] TheCraiggers@lemmy.dbzer0.com 8 points 1 year ago

With what money?

I know spez is running it into the ground, but it was valued at $10b last funding round. I don't think he's got the liquid capital after blowing it all on Twitter.

[-] shinjiikarus@mylem.eu 5 points 1 year ago

He didn’t have the liquid capital to buy Twitter, either, that’s his problem.

[-] XEAL@lemm.ee 0 points 1 year ago

I was just joking, don't but much tought into it.

[-] thanevim@kbin.social 13 points 1 year ago

"Well, PepsiCo, you didn't buy enough ads this month, so we're gonna have to drop your verification."

He really is just doing his damnedest to show us how stupid he is, isn't he? And I suppose when it all falls apart, he's gonna run to daddy in his emerald mine and ask for bail out funds?

[-] flipht@kbin.social 6 points 1 year ago

When it all falls apart, he doesn't need a bailout. He leaves his investors holding the majority of the lost equity, pays off his portion, writes it off and carries it forward, and uses it to reduce his tax bill in upcoming years when he'll have a bunch of government contracts.

All of this looks stupid if you assume he's trying to run a profitable business. But he's not. He's moving cash flow through as many other of his own ventures that he can, and he'll cannibalize the rest. The only people who will actually lose money are normal citizens who will have to make up the list tax dollars.

[-] Anticorp@lemmy.ml 3 points 1 year ago

he's gonna run to daddy in his emerald mine and ask for bail out funds?

No. He will run to the government, so you and I will have to bail him out.

[-] bloopernova@infosec.pub 4 points 1 year ago
[-] Anticorp@lemmy.ml 2 points 1 year ago

Give us $6000 or we're going to let counterfeiters impersonate you.

[-] Lemmylaugh@lemmy.ml 2 points 1 year ago

Why did those guys sold twitter to him again?

[-] eyy@lemm.ee 16 points 1 year ago

if someone offers you $200k for a 2020 Toyota Camry would you sell it?

[-] Lemmylaugh@lemmy.ml -2 points 1 year ago

Yeah but I’m a nobody. If I built a social media mega hub that can be abused to brainwash humanity, I would like to think keeping it off the wrong hands is priceless

[-] RenardDesMers@lemmy.ml 11 points 1 year ago

The beautiful thing about ~~public companies~~ capitalism is that it's not people who built it who end up selling it.

[-] IHeartBadCode@kbin.social 5 points 1 year ago

If I built a social media mega hub that can be abused to brainwash humanity

Humanity is capricious as fuck. You can brainwash them, but then after a while, you just got to brainwash them again. Gets old.

I would like to think keeping it off the wrong hands is priceless

Yes, BUT have you ever considered that with enough money you can just not care?

Also, look at what's his face that started Twitter. Now he's got insane levels of Musk's cash and started yet another social media company, Blueksy which a lot of people ran over to. I punch those numbers into my calculator, it makes a happy face.

[-] JohnEdwa@kbin.social 10 points 1 year ago* (last edited 1 year ago)

Because that idiot gave them 44 billion for it.

[-] APassenger@lemmy.one 6 points 1 year ago

It was their fiduciary responsibility, wasn't it?

The shareholders weren't going to get a better offer.

[-] yoz@aussie.zone 2 points 1 year ago

Its all bout tha.muhney

load more comments
view more: next ›
this post was submitted on 26 Jul 2023
91 points (91.7% liked)

Technology

34821 readers
17 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS