Twitter is a mess—everybody says so. Twitter is mostly nonsense. You can’t find what you need on Twitter. Twitter is all haystack and no needles, all static and no signal.
By the lights of many investors, Twitter is floundering. Its longtime CEO (five years is long in internet time), Dick Costolo, jumped or was pushed in June; the board is scrambling to find a replacement; and Wall Street is sounding the alarm. The company’s revenue barely doubled last year, rising to $1.4 billion. Only 300 million people use Twitter every month. Its stock has hit an all-time low.
Advice is flowing in torrents: “How Twitter Can Be Fixed”; “Reimagining Twitter.” A Washington Post column explains “How to Fix Twitter, As Told via Tweets.” Twitter must pivot, must be transformed, must “reinvent itself.”
“I yearn to know where this company is headed,” writes one of Twitter’s earliest and largest investors, the billionaire Chris Sacca. His 8,500-word screed, “What Twitter Can Be,” has been making the rounds for weeks. His motivation is simple: “I want this stock to be worth more. I own more of it than virtually anyone working at the company.”
What’s the problem? Twitter isn’t growing fast enough. Maybe it is reaching a plateau. Five times as many people use Facebook—something like a billion and a half active users per month, which, if you believe it, is more than a fifth the Earth’s population. Twitter makes most of its money from its modest amount of advertising, but it could make so much more.
Denne historien er fra Aug 10–23, 2015-utgaven av New York magazine.
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Denne historien er fra Aug 10–23, 2015-utgaven av New York magazine.
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Early and Often: David Freedlander - Momentum vs. Machine The Trump and Harris campaigns battle it out for every last vote.
WIth two weeks left to go, the contours of the 2024 presidential election are clear: Both campaigns need voters who usually don’t vote, and Kamala Harris needs to bring the Democratic coalition, including its Trump-curious members, back home.While the Republican side plans to spend the remaining days of the contest trying to lure low-propensity voters to the polls, the Harris team will attempt to persuade voters of color to return to its side and will try to increase numbers among white voters in previously red suburbs.
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