Chris Remington@beehaw.org to

Technology@beehaw.org · 1 year ago

Value of X has fallen 71% since purchase by Musk and name change from Twitter

www.theguardian.com

cross-posted to:
news@lemmy.world

227

Value of X has fallen 71% since purchase by Musk and name change from Twitter

www.theguardian.com

Chris Remington@beehaw.org to

Technology@beehaw.org · 1 year ago

cross-posted to:
news@lemmy.world

Mutual fund Fidelity, which owns stake in social media platform, marks down value of its shares in disclosure obtained by Axios

Chat

ExLisper@linux.community
link
fedilink
English
arrow-up
10·
edit-2
1 year ago
The original value was based on ad revenue which is down now. It has nothing to do with VC hype or non paying users.

Technology@beehaw.org

technology@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

259 users / day
1.09K users / week
2.84K users / month
6.96K users / 6 months
4 local subscribers
37.8K subscribers
3.22K Posts
62.5K Comments
Modlog