this post was submitted on 01 Jul 2023
2118 points (95.8% liked)

Technology

59626 readers
2880 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

It’s possible that the enforcement of a rate limit isn’t because of AI scraping, but rather because they failed to migrate before the June 30th deadline.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago (1 children)

Twitter was profitable before Elon.

[–] [email protected] 1 points 1 year ago (1 children)

Not really. It might have had a profitable quarter or a profitable year now and again, but overall it was a highly unprofitable company almost every year it was public. That was before the current moment where ad rates have collapsed on every platform which is why many other companies which depend on advertising have been suffering at the same time.

Besides Twitter, a lot of ad reliant businesses are in big trouble this year.

[–] [email protected] 1 points 1 year ago

Sounds like you're making assumptions. And I'm telling you that it was profitable before purchase. It doesn't matter where it would be today or where they were before being profitable because both of those things aren't relevant.