Since Elon Musk acquired control of the social media site in October, Twitter 2.0 has had tremendous increase in new users and “reduced hate speech impressions” amid controversies.
Late on Saturday, “chief Twit,” a tech billionaire, uploaded pictures of the company’s success chart on social media.
“Slides of my Twitter company talk,” Musk said, sending pictures of a presentation for the whole world to see.
Elon Musk/Twitter
There were 2 million signups every day over the course of seven days, a 66% increase over the same week last year.
According to the graphs Musk published, a seven-day average of 8 billion user active minutes per day was attained as of Nov 15, a 30% rise from the prior year.
Another graph Musk released showed that hate speech impressions appeared to be slightly lower than they had been a year earlier, despite having peaked around the time Musk took over the company.
They also mentioned some of Musk’s plans for Twitter 2.0, such as long-form Tweets, encrypted direct messaging (DMs), & payments.
According to one graph, reported impersonations on Twitter skyrocketed around the time of Twitter Blue’s launch, or the $8 blue check mark, before falling down to levels more in line with the previous year at the same time.
Blue check marks
The slides shared also included plans for relaunching “Blue Verified” check marks.
The programme was terminated after blue check accounts impersonated and trolling famous people and brands, sparking a heated internet discussion.
According to the slides, Twitter is also hiring. This comes after a huge drop in workforce as a result of significant layoffs.
The well-known author and clinical psychologist Dr. Jordan B. Peterson tweeted on Sunday, “This is what failure looks like to the left @elonmusk.”
Musk responded, “I think I see a road to Twitter surpassing a billion monthly users in 12-18 months.
Musk goes on
The business tycoon and founder of Tesla & SpaceX has made significant changes to the social networking platform since taking over on October 27.
In order to reportedly adapt to the new changes in the firm, Twitter advertisers, including well-known businesses like General Motors, Mondelez International, and Volkswagen AG, temporarily suspended their advertising on the social media site.
Musk blamed the “huge decrease in revenue” that Twitter had seen as a result of the advertiser retreat on a coalition of civil rights organisations that had been lobbying the platform’s large advertisers to take action if he did not safeguard content moderation.
Hundreds of Twitter employees are said to have left after Elon Musk called for “working long hours at high intensity” or leaving the company in distress.
The staff allegedly resigned earlier this month after being ordered to physically report to work. According to Musk, the business magnate later invited surviving staff members, specifically engineers and coders, to a successful meeting.
Musk’s most recent data indicates evidence of recovery & development. Only time will tell if those figures impact the fate of the firm Musk purchased for $44 billion.
