OriginalCompetitive t1_j75gxzz wrote on February 4, 2023 at 5:20 AM

Reply to comment by kippertie in Some popular accounts likely to disappear from Twitter as Elon Musk ends free access to API by printial

What evidence do we have that Twitter is even losing money, much less shutting down?

BlameThePeacock t1_j75ii57 wrote on February 4, 2023 at 5:37 AM

There have been multiple reports by reputable organizations on the list of advertisers that shut down or scaled back their spending on the platform along with estimates on current loses per day being in the millions.

OriginalCompetitive t1_j76jgcq wrote on February 4, 2023 at 1:37 PM

Seems like that was just a temporary blip:

“New data suggests that the effect was temporary, with Twitter having managed to grow its advertiser roster to 3,700 in the fourth quarter of 2022 from 3,000 in the third quarter, according to an ad intelligence firm’s report released Wednesday.

Twitter averaged 3,330 U.S. advertisers per month on average in the first quarter; 3,740 in the second; 3,000 in the third; and 3,700 in the last three months of the year.“

It’s hard to know for sure, of course.