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Long before Elon Musk came along, Twitter users bemoaned the service yet remained addicted to it. It is a text-based social platform, or "microblogging" site, home to independent servers, or "instances." In early November, the hashtag TwitterMigration was trending on Mastodon for several days as Twitter users set up accounts amid Musk's chaotic takeover. Daily users have held steady though, at 1.4 million, a major increase from its usage prior to Musk's takeover of Twitter, which typically hovered around 20,000 daily users. Downloads of the iOS app have grown 290,000% to 1.5 million since Oct. 24, with daily users up 660,000% to 321,000, according to Apptopia data.
The painful adjustments will ripple across the industry in 2023.Insider's Big Tech reporters share what to watch this coming year. At $44 billion, the debt-fueled deal was completed quickly at valuations from the frothy tech bull market of 2021. Jonathan Raa/NurPhoto via Getty ImagesThe slow breakdown of Twitter under Musk appears to be upon us. Mastodon has experienced a major influx of users, hitting more than 5 million accounts after Musk took over Twitter. With intense tech antitrust scrutiny, these new services are unlikely to be gobbled up by Big Tech.
Long before Elon Musk came along, Twitter users bemoaned the service yet remained addicted to it. It is a text-based social platform, or "microblogging" site, home to independent servers, or "instances." In early November, the hashtag TwitterMigration was trending on Mastodon for several days as Twitter users set up accounts amid Musk's chaotic takeover. Daily users have held steady though, at 1.4 million, a major increase from its usage prior to Musk's takeover of Twitter, which typically hovered around 20,000 daily users. Yet, it has maintained more than 500,000 daily users.
The events of the year took many investors by surprise and made the task of predicting bitcoin's price that much harder. The crypto market was awash with pundits making feverish calls about where bitcoin was heading next. When asked about his $250,000 target earlier this month, the Draper Associates founder told CNBC $250,000 "is still my number" — but he's extending his prediction by six months. The entrepreneur says he's also done making bitcoin price predictions. Buehler said lack of risk management in the crypto industry, missing regulation and fraud have also been major factors affecting prices.
Either way, I wanted to see how well the chatbot would work as an alternative to Google's search engine. Instead of Googling my questions throughout the day, I asked ChatGPT. I normally would have asked Google what to do. Instead, I asked ChatGPT. On the other hand, there are also potential limitations to using ChatGPT as a search engine.
The makeup of Elon Musk's Twitter is changing, and not just because the offices are now bedrooms. With the majority of the company's former staff having been laid off — or fired, or resigned — Musk has brought in some of his own picks to work at Twitter 2.0. There's more on the new faces at Musk's social media company below, so let's get to it. Elon Musk is bringing in new faces for Twitter 2.0. And these aren't the only new faces at Twitter — hundreds of people have applied for a chance to work at Musk's new company.
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