A year after Elon Musk bought Twitter, X is now a 'worthless' platform some say is no longer …

It has been just over a year since billionaire Elon Musk strode into the Twitter headquarters in San Francisco gleefully brandishing a bathroom sink.”Entering Twitter HQ — let that sink in!” he posted on his newly acquired platform.Since the world’s richest man took over one of the world’s most influential social media sites, Twitter as the world knew it is dead. Over the past 12 months, Mr Musk has gutted content moderation, restored accounts of previously banned extremists, and allowed users to purchase account verification.The blue bird logo has since disappeared, and so too have many advertisers and users who could no longer make sense of — or feel safe on — the platform now known as X.”There’s lots of things that have made Twitter less reliable, less friendly, less credible and, ironically, make less money,” Tama Leaver, professor of internet studies at Curtin University, told the ABC.  “Twitter is, as a real estate, completely worthless now. It’s now something that you write cautionary tales about.”The Tesla CEO bought Twitter for $US44 billion (about $69 billion) in a deal that closed on October 27, 2022.US media, including Fortune and Bloomberg, this week reported that a new employee stock plan shows X is now worth half of that, valued at
Read More