Source: news.google.com
The Musk regime is off to a chaotic start on Twitter. In just a week or two of ownership, Elon has already oversaw a collapse in advertising revenue, announced a turnaround on subscriptions, attempted to lay off about half the staff, and then attempted to rehire some of the laid-off staff. It would be one thing if Elon got riled up on Twitter while the rest of social media was on a rocket. The opposite is true. At Meta, the parent company of Facebook, Mark Zuckerberg has embarked on a truly audacious and possibly suicidal plan to spend between $100 billion and $200 billion building a metaverse platform. What the hell is going on at these companies and, beyond the lurid details and gossip, what does it say about the larger social media ecosystem? Today’s guests…
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