Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
On Thursday, Twitter announced content creators would be able to get a slice of the site’s ad revenue, seemingly to encourage more creators to join the site. To be eligible, the creators must have Twitter Blue and have at least 5 million impressions on their posts in each of the last three months.
Among the creators who now get monetized off Twitter: Andrew Tate, the self-proclaimed “misogynist” online influencer, who was indicted in Romania on charges of human trafficking, rape and setting up a criminal gang.
Why do that when you can structure the platform to do it instead? It was already a cesspool but this is next level.
Why do that when you can structure the platform to do it instead? It was already a cesspool but this is next level.