TWITTER has lost $2 billion in the past ten years. So why exactly is Wall Street lacking in confidence with Twitter? Their primary concern is its declining user base, which has not been helped by the dramatic loss of confidence amongst many of the platform’s more political and counterjihad users. But it is still the preferred platform for Islamic terrorists like ISIS.
TWITTER BLOCKS RETWEETS FROM BNI: twitter-now-using-stealth-blocking-to-prevent-bni-readers-from-sharing-bni-posts
Breitbart Twitter has been an unprofitable company since before it went public in 2013, accruing more than $400 million prior to its stock market flotation. That loss-making record has not changed. However, after its IPO, those early losses increasingly look like a drop in the ocean. In 2015 alone, Twitter recorded a loss of $520 million, primarily as a result of stock-based compensation given to employees.
Investors are massively sceptical over Twitter, leading to its stock price dropping from $70 to $20 at the start of the year, as reported in Breitbart.
Twitter is currently waging war on conservative users, (as well as anti-Islam users) whilst ignoring real threats like ISIS. Breitbart Tech editor Milo Yiannopoulos was firstly suspended, then unverified. Shadowbans silence those who question friends of Twitter’s CEO. A new “trust and safety” council has been implemented to stop “harassment”. High profile conservatives with large followings, such as Adam Baldwin, have quit the platform in protest.
And now, even anti-establishment progressives are starting to ask questions about Twitter’s political biases.
Twitter has also alienated long-term users with a series of radical departures from its tried and tested features. They rolled out a new timeline system based not on chronological order, but “relevance,” despite massive user backlash. They also changed the site’s “favourites” feature to a Facebook-style system of “likes,” to considerable user discontent.
In their report, Twitter stated that they wanted to “demonstrate our value proposition to a larger audience”. There have yet to be any signs that their efforts are paying off.