this post was submitted on 29 Jan 2024
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Technology

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[–] jubilationtcornpone@sh.itjust.works 1 points 9 months ago (1 children)

$5 Billion for a chronically unprofitable, niche social media platform in an already crowded field. Yeah, Ok. You'd get a better return on your investment if you just burned the money for heat.

[–] diffcalculus@lemmy.world 0 points 9 months ago (1 children)

"niche" website in a crowded field....that is also the top 9th most visited website in the world, above tik tok.

https://en.m.wikipedia.org/wiki/List_of_most-visited_websites

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[–] NegativeLookBehind@kbin.social 1 points 9 months ago (1 children)
[–] pineapplelover@lemm.ee 1 points 9 months ago

Silver award. Take it or leave it

[–] Contend6248@feddit.de 1 points 9 months ago

Did they fucking recover deleted messages?

I can find every post after automatically editing and deleting them afterwards

[–] DarkNightoftheSoul@mander.xyz 0 points 9 months ago (1 children)

for that bot-infested shitposting dump?

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[–] queermunist@lemmy.ml 0 points 9 months ago

Meanwhile tech is hemorrhaging.

Good luck Reddit! 😂

[–] capital@lemmy.world 0 points 9 months ago (1 children)

For ads? How else do they make money?

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[–] helenslunch@feddit.nl 0 points 9 months ago (1 children)

They havent been profitable in a decade. What's their plan for monetization?

[–] jamyang@lemmy.world 1 points 9 months ago

Valuable training data for AI. Spez does not give a damn about it. He gladly takes money and sell it off to someone like OPEN AI whose models can be trained on its data.

"I trained on millions of users' data and now I ape them. AITA?"

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