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

  • Sludgehammer@lemmy.world
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    11 months ago

    “What if we ignored what made our platform successful and instead tried to force our product into a already crowded market?” Elon Musk, Tech genius

        • RBG@discuss.tchncs.de
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          11 months ago

          They have their own content. Decades of content. Zwitter* has…?

          *I am refusing to write that name as only X or Twitter or X/Twitter and writing it XTwitter almost sounds like the German word Zwitter, which is the word for hermaphrodite, and I know someone who owns that platform who would dislike that association…

        • Melonpoly@lemmy.world
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          11 months ago

          So higher gross profit but lower net income from last year which is far lower than their net income from 2019 and their highest in 2018.

          They’ve produced ~4 flops last year that cost them almost $1 billion, their stock price hit a 9 year low last year at below $84, Disney + has been operating at a loss since it started. Universal Studios overtook them with box office revenue last year.

          Unless I’m interpreting that incorrectly it would seem that they aren’t doing too well. Correct me if I’m wrong.