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"Performative tool" that seems to pretty much sum Musk up. For all his endless money he's just a very needy fella in so many other ways.
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Multiple top advertising agencies and media buyers told the Financial Times that nearly all of the big brands they represent have paused spending on the social media platform, citing alarm at Musk’s ad hoc approach to policing content and decision to axe many of its ad sales team.
Musk, meanwhile, has sought to personally call chief executives of some brands that have curbed advertising in order to berate them, according to one senior industry figure, leading others to instead reduce their spend to the bare minimum required so as to avoid further confrontation with the billionaire entrepreneur.
After several waves of job cuts and departures, Twitter’s ads business team has shrunk so much that many agencies no longer have any point of contact at the company and have received little to no communication in recent weeks, according to four industry insiders.
Some brands have been unable to get feedback on how previous campaigns have performed because of the staffing shortages, one media buyer said. Others are complaining Twitter’s ads systems have also become buggy, making it difficult or even impossible to run campaigns.
“It is quite unique. The turmoil, the damage, nothing of this magnitude has happened before. Never,” said a senior executive at a big four advertising agency.
“He seems to put off even those advertisers who wanted him to succeed,” another top advertising agency executive said.
Musk is under pressure to draw revenues from Twitter, as he faces $1bn in annual interest payments after loading the company with $13bn of debt to help fund his acquisition of the business.
https://www.ft.com/content/126219c4-...c-307c24a4cd61
Yelling at CEOs is just guaranteed to work though.
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Elon has lost the plot and this is not an Ingenius way of making even more money.
Do not let success go to your head and do not let failure get to your heart.
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"my two pronouns are Prosecute/Fauci"
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Apple is apparently destroying free speech because they're charging Elon two dollars per subscription for him to use their platform to take subscriptions but Elon charging people eight dollars to use his platform is free speech. He's definitely having some kind of mental event here.
Also, too, the people having their free speech infringed upon here are Apple. They're a private corporation and can place their advertising dollars anywhere they want and that's backed by over a century of First Amendment jurisprudence. If they decide they don't want to be associated with a social media network whose owner has started posting Pepe the frog memes then that's their right. The Republican party used to be quite adamant about the right of corporations to do whatever they wanted no matter what the law said but on this particular issue, where the law is unambiguously on the side of Apple, of course they've taken Elon's side.
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