By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

Your #1 guide to start a business and grow it the right way…

BuckheadFunds

  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Subscribe
Aa
BuckheadFundsBuckheadFunds
  • Startups
  • Start A Business
  • Growing a Business
  • Funding
  • Leadership
  • Marketing
  • Tax Preparation
Search
  • Home
  • Startups
  • Start A Business
    • Business Plans
    • Branding
    • Business Ideas
    • Business Models
    • Fundraising
  • Growing a Business
  • Funding
  • More
    • Tax Preparation
    • Leadership
    • Marketing
Made by ThemeRuby using the Foxiz theme Powered by WordPress
BuckheadFunds > Startups > This Is the Era of Zombie Twitter

This Is the Era of Zombie Twitter

News Room By News Room August 1, 2023 4 Min Read
Share

The bird is dead, but zombie Twitter is not. Since Elon Musk bought Twitter, the platform has survived rate-limiting, massive staff cuts, suspensions of journalists, hemorrhaging ad dollars, exorbitant API price hikes, and a frenzy of new competitors. This week it survived becoming not Twitter, as the site suddenly rebranded to X.

During its first week, X staggered along. It was still a place where sports fans chatted about baseball lineups and the Women’s World Cup. It was the venue where video from a US congressional hearing on UFOs trended, and where people speculated about what caused US senator Mitch McConnell to freeze mid press conference.

Unions, meanwhile, used it for organizing, with SAG-AFTRA, which represents performers and broadcasters, posting pictures as members went on strike. The Teamsters celebrated winning a historic contract for UPS workers. Trolls trolled—often about Twitter now being called X. As marketers and journalists debated the effects of the name change, and tweeters (x-ers?) eulogized the bird, the posts continued. In the months since Musk bought the platform, Twitter has proved somehow irreplaceable—even in its battered state.

“There is nothing else that exists like it,” says Matthew Quint, director of the Center on Global Brand Leadership at Columbia Business School. Despite apparently being renamed to serve the interests of its owner, X still “serves a purpose as a tool.” Twitter was a go-to source for news, politics, sports, and entertainment—along with misinformation and hate speech. In recent months, the platform’s issues have gotten worse while tech glitches have also arisen. People have more than once gathered to reminisce and mourn the death of Twitter. But each new day, it’s still there. And despite the frustrations, people keep logging in.

Some, like Joseph Solano, a sports content creator known as JoezMcfly to those who follow his reactions to the New York Yankees baseball team, are unsure how the rebrand will affect them or their communities. Twitter replacements like Threads, he says, aren’t as good right now for real-time analysis and news—the crux of sports Twitter. “It is the quickest way to get news, currently,” Solano says, and that speed is crucial. Sure, he also streams on Twitch and makes YouTube videos and podcasts, but those don’t provide the immediacy of X. “I just don’t know what’s going to replace it.”

The vision is to make X an AI-powered everything app—not just a platform for microblogging, but a home to messaging, payments, and a “global marketplace.” It’s a long shot, at best. Some countries and regions already have everything apps—WeChat in China, Gojek in Indonesia. But it’s not clear that the super-app idea has global appeal, particularly when these apps are built around people entering their financial information. And building out such an app will be a behemoth task.

While some users will stay loyal to X, the rebrand doesn’t solve what is perhaps the platform’s most pressing threat: lost ad dollars and a budget crisis. Lax moderation has caused advertisers to ditch X, and Meta-backed competitor Threads is setting itself up as an appealing option for brands. But wooing advertisers will require more than just a logo swap. “All that’s effectively happened is the logo has changed and driven people to talk about it,” Quint says. Visits to twitter.com and x.com spiked Monday as the rebrand began, according to SimilarWeb, which tracks website traffic.



Read the full article here

News Room August 1, 2023 August 1, 2023
Share This Article
Facebook Twitter Copy Link Print
Previous Article Coworking with Gita Rebbapragada
Next Article Americans Think Tipping Culture Is ‘Out Of Control’ And Workers Should Be Paid More
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Wake up with our popular morning roundup of the day's top startup and business stories

Stay Updated

Get the latest headlines, discounts for the military community, and guides to maximizing your benefits
Subscribe

Top Picks

Why Sierra the Supercomputer Had to Die
March 2, 2026
How Good Good Golf is carving out its place in golf history
March 2, 2026
Kalshi Suspended a California Politician and a YouTuber for Insider Trading
March 1, 2026
David Protein isn’t afraid to defy category norms
March 1, 2026
AI Safety Meets the War Machine
February 28, 2026

You Might Also Like

Why Sierra the Supercomputer Had to Die

Startups

Kalshi Suspended a California Politician and a YouTuber for Insider Trading

Startups

AI Safety Meets the War Machine

Startups

Say Goodbye to the Undersea Cable That Made the Global Internet Possible

Startups

© 2024 BuckheadFunds. All Rights Reserved.

Helpful Links

  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Resources

  • Start A Business
  • Funding
  • Growing a Business
  • Leadership
  • Marketing

Popuplar

Paramount set to acquire WBD after Netflix pulls out
Say Goodbye to the Undersea Cable That Made the Global Internet Possible
‘Data is what we do’: Why Mastercard entered the commerce media race

We provide daily business and startup news, benefits information, and how to grow your small business, follow us now to get the news that matters to you.

Welcome Back!

Sign in to your account

Lost your password?