TechScape: How Substack, YouTube, Jack Dorsey and more plan to pick Twitter's bones

Twitter isn’t dead. But six months on from the site’s acquisition by Elon Musk, it isn’t a picture of health, either.From our look at the last half year:Twitter is now worth less than half of what Musk paid for it, having lost more than $20bn (£16.4bn) in value, according to calculations based on a leaked memo. According to Travis Brown, a software developer who has been tracking Twitter’s subscription service, the new-look Blue has about 550-585,000 subscribers, which equates to $4m+ a month in revenue. Twitter will need many more sign-ups to offset the advertising loss. “For many of us former tweeps, seeing what Musk is doing to Twitter is heartbreaking,” said the former staff member, speaking on condition of anonymity. “The platform has regressed in terms of toxicity, safety and nuance. The hard work of dedicated teams and colleagues over the years has been erased, including efforts to combat misinformation and create trustworthy safety policies and curation standards.”The vultures are circling. Last week, the newsletter platform Substack launched its post-Twitter social network, Substack Notes, and ignited a firestorm:Over the Easter weekend, any tweet containing a Substack link was algorithmically deprioritised, blocked from being liked or retweeted, and hidden in
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