The claim is a major departure for the service, which has long been known as a destination for posting short snippets of text.

  • Rentlar@lemmy.ca
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    Meta already did the “pivot to video” scam. I doubt most media outlets are going to fall for it again.

  • AutoTL;DR@lemmings.worldB
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    This is the best summary I could come up with:


    Elon Musk’s X, long known as a service for posting short text-based messages about anything and everything, claims it’s “now a video-first platform.”

    The assertion, made by the company today in a blog post that was aimed at advertisers, follows an exodus of marketers from the platform including Disney, IBM, and Apple after Musk’s assertion that an anti-Semitic conspiracy theory was the “absolute truth.” That implosion plus other missteps have caused the value of the business to plummet from its $44 billion sales price last year by more than 70% according to Fidelity, one of X’s investors.

    A source at X, who asked to remain anonymous because they weren’t authorized to talk to the press, was skeptical about the blog post’s assertion of a video-focused transformation.

    “We’re just starting to add in video ads with a similar thing to YouTube where you can skip ahead after five seconds,” Musk said.

    Yet many users complain that many ads are from low-quality marketers pitching counterfeit luxury goods and fake Keto Drops endorsed by Shark Tank.

    Elon Musk discussed his vision and features for a Twitch competitor while playing Diablo online for 3 hours


    The original article contains 552 words, the summary contains 184 words. Saved 67%. I’m a bot and I’m open source!

  • AllNewTypeFace@leminal.space
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    Musk is to Zuckerberg what Donald Trump is to Sheldon Adelson. They’re in the same business, but one is a ruthless, highly-adapted predator owning the industry and making a killing, while the other is a large adult failson frittering away his inheritance cosplaying as the other guy and managing to go bankrupt running a casino.

  • edric@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    Twitter videos don’t even load half the time on mobile browsers.

  • Bigoldmustard@lemmy.zip
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    It’s really wild to go from real life, where I don’t know anyone who uses twitter, to online where people are very interested in what’s happening to it.

    Do these people not know a ton of viewership for news shows is that the channel is just on? Who’s gonna go to twitter and watch Don Lemon talk about stuff if they have to seek it out? Maybe they think it’s a built-in audience because people are there so surely they’ll watch?

    Basically it’s content that expires quickly that isn’t “just on” anywhere. I’m no genius but I wouldn’t count on it working.

  • Blackmist@feddit.uk
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    It’s an interesting claim.

    I don’t think I’ve ever seen a platform struggle more with video than Twitter. Everything looks like it’s using RealPlayer. It’s the only platform where the Japanese wouldn’t have to censor their porn before uploading.

  • hottari@lemmy.ml
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    With this guy, I can only assume he’s saying so because video ads generate more profit.

    Twitter has no skin in the video serving game and they have no USP there (aside from famously allowing porn). When he realizes the folly of his actions, he’ll do another U-turn like the many he’s done since purchasing Twitter.

    I didn’t know this guy’s character before he bought Twitter but am not fully convinced he’s but a charlatan who’s always trying to seek the popular ‘vote’ as a billionaire.

  • frezik@midwest.social
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    It’s amazing watching a platform with no substantial competitor kill itself so badly. AltaVista was killed by Google, MySpace was killed by Facebook, Twitter is killed by the ramblings of the lunatic who bought it.

    • TWeaK@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 months ago

      You seem to be taking pleasure in it, but the fact is this was the plan from the moment he was locked into the purchase. Buy the business, run it into the ground, destroy the platform that people use to organise on. On the way down, try a bunch of shady shit and see what they can get away with - this will be the new standard for any platform that comes next.

    • stopthatgirl7@kbin.socialOP
      link
      fedilink
      arrow-up
      0
      ·
      10 months ago

      Thing is, it probably won’t. MySpace is still around. LiveJournal is still around. Big social media platforms don’t tend to stop existing. But they do stop being culturally and socially relevant, and that’s what I hope comes sooner rather than later to Twitter: irrelevancy.

  • Queen HawlSera@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    Honestly if Elon The Musky Husky wanted to rebrand twitter as a competitor to Youtube, there’s a 10% chance I might start using the platform, which is 10% more than usual.

  • arc@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    A few months back and he was driving his employees to produce banking apps and god knows what else. I wonder what they think of their mercurial asshole boss who’ll demand everything all at once.

  • neidu2@feddit.nl
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    “Pivot to video” - How many popular sites turned to shit and died 15 years ago.

  • crackajack@reddthat.com
    link
    fedilink
    English
    arrow-up
    0
    ·
    10 months ago

    This might work but on the other hand, the brand name “X” doesn’t have a nice ring for the younger generation unlike TikTok or even Vine. “X” is so… Gen X…(sorry, boomer for the young 'uns for everything before 2010).

    • DeadlineX@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      10 months ago

      Gen X is not boomers. Gen X is the “lost generation” which is ironic considering the context here. They were between boomers and millennials, and are typically the parents of millennials and some gen z.

      • Peter1986C@lemmings.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        10 months ago

        If they are parents of millennials, then only of the youngest I think. I am an older millennial (born 1986) and my parents are 65 and 71 (thus being “boomers”).