Technology

59232 readers

4217 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

350

Could X go bankrupt under Elon Musk? (www.bbc.com)

submitted 11 months ago by [email protected] to c/[email protected]

173 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 10 points 11 months ago* (last edited 11 months ago) (1 children)

Twitter made some profit in 2018 and 2019: https://www.businessofapps.com/data/twitter-statistics/

They claim to be on track to make another profit year in 2024. Remains to be seen. In a way, now that Elon owns it alone, it's not as vulnerable to quarterly economics that public companies are. But of course it cannot bleed money forever.

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

They claim to be on track to make another profit year in 2024.

I'd give better odds to me becoming the king of Thailand in 2024.