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Twitter takeover: 1 year later, X struggles with misinformation, advertising and usage decline

by Joshua Brown
5 comments
Transformation of Twitter to X

I see that your message is related to an article about the changes on the social media platform X (formerly known as Twitter) under Elon Musk’s ownership. The article discusses how Musk’s actions have led to significant changes and challenges for the platform, including issues with misinformation, advertising revenue decline, and a decline in usage. It also highlights concerns about the spread of misinformation and propaganda on the platform, as well as financial difficulties faced by X. If you have any specific questions or need further information about this topic, please feel free to ask.

Frequently Asked Questions (FAQs) about Twitter Transformation

What significant changes has Elon Musk made to Twitter since taking over?

Elon Musk has made several significant changes to Twitter, including rebranding it as “X,” dismantling core features like the name and logo, changing the verification system, and discontinuing the Trust and Safety advisory group. He has also made changes to content moderation and hate speech enforcement.

How has Elon Musk’s ownership affected X’s user base?

X has seen a decline in its user base under Elon Musk’s ownership. Many long-term users have left the platform, and there has been a decrease in engagement and usage, leading to a significant drop in advertising revenue.

What is the status of X’s advertising revenue since Musk’s takeover?

Advertising revenue on X has declined significantly since Elon Musk’s takeover. Insider Intelligence estimates a 54% drop in advertising revenue from 2022, with a return to levels last seen in 2015. Musk himself has mentioned a 50% drop in advertising revenue and financial challenges for the platform.

How has misinformation and propaganda spread on X?

Misinformation and propaganda have been spread on X, with some blue-checked accounts amplifying false narratives. The platform’s algorithms have been implicated in promoting such content. This issue has drawn the attention of organizations like the European Commission, leading to formal requests for information regarding hate speech and misinformation.

What is the outlook for the future of X under Elon Musk’s ownership?

The future of X remains uncertain under Elon Musk’s ownership. His vision of turning it into an “everything app” faces challenges, and it’s unclear how the platform will evolve. Financial difficulties, user decline, and concerns about misinformation are some of the key factors influencing its future.

More about Twitter Transformation

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5 comments

FinanceGuru October 27, 2023 - 12:56 pm

Wow, I can’t blieve the drop in ad revnue! Msk made a big bet on this, and it’s not payin’ off.

Reply
AutoEnthusiast October 27, 2023 - 5:12 pm

I’ve been on X since day 1, and it’s just not the same anymore. It’s like a diffrent world.

Reply
AnonymousReader October 28, 2023 - 4:00 am

musk really shuold’ve sticked to his own thang. the platform’s goin’ downhill fast!

Reply
PoliticalJunkie October 28, 2023 - 9:54 am

Misinfo is bad 4 any platform. We need accurate info, not all this fake news.

Reply
CryptoExpert October 28, 2023 - 11:31 am

Eloon Musk tried 2 reinvent the wheel, but sumtimes u gotta leave things b. It’s all about da Benjamins & X’s losing them.

Reply

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