Jan 18
The Florida governor aims to block mask and vaccine mandates and prohibit employers from hiring or firing workers based on their vaccination status.
Jan 18
Chemical flame retardants can make us safer by preventing or slowing fires, but they’re linked to a range of unsettling health effects. To get around that concern, researchers with the U.S. Department of Agriculture have bred a new population of cotton that can self-extinguish after encountering a flame.
Jan 18
Lying Congressman George Santos Given Spot on House Science and Tech Committee
Posted in: Today's Chili
Guess who’s going to be one of the congresspeople making lasting decisions about science and technology in the U.S.? Why, it’s none other than George Santos, the Queens-based Long Island representative who has admitted to outright making up whole swathes of his backstory and resume.
Jan 18
A team of paleontologists in India have given 256 fossilized dinosaur eggs a close look, in hopes of better understanding how some of the largest known dinosaurs bred and hatched.
Jan 18
The hits don’t stop coming as Twitter’s change-of-hands into billionaire Elon Musk’s grasp continues. Earlier this month, third-party apps like Tweetbot were barred from Twitter’s application program interface (API) without reason. Now Twitter is giving a reason—it’s just a very, very vague reason.
Jan 18
Twitter is reportedly struggling to break even as advertisers continue to flee
Posted in: Today's ChiliTwitter’s ad business is reeling, with its daily revenue reportedly falling by 40 percent from a year ago. According to The Information, over 500 of the company’s top advertisers have paused spending on the platform since Elon Musk’s October takeover. Despite that, Twitter is still attracting and retaining media deals because it’s too lucrative for them to give it up.
Although Musk plans to diversify Twitter away from advertising, the company will likely struggle to break even this year. Since Twitter generated $1.2 billion in the first quarter of 2022, running 40 percent below that would mean it’s bringing in around $8 million daily (and about $720 million for the quarter). Getting in the black this year will depend on the company’s ability to generate $3 billion in revenue while paying $1.5 billion in annual interest from the debt Musk raised for the purchase.
The ad troubles could lead to more cost-cutting. Some big advertisers are reportedly unhappy with Musk’s approach to contact moderation, including reinstating Donald Trump and firing executives in charge of curbing hate speech. Twitter’s workforce has already shrunk by about 75 percent since Musk’s takeover, and it’s easy to imagine more layoffs on the horizon if the bleeding doesn’t stop.
However, Twitter can take some consolation in its ability to attract and retain media partners. According to Axios, the platform still has deals with over three dozen media companies, news outlets (including the Wall Street Journal, Reuters, Bloomberg, Forbes, Conde Nast and USA Today) and sports leagues (including the NFL, NBA, NHL, MLB, NASCAR and PGA Tour) in the first half of this year. They find Twitter too profitable to quit in an uncertain economy — even while balking at embracing it publicly.
Jan 18
The stage, screen and TV actor said “fear and anxiety” stopped her from pursuing litigation.
Jan 18
Jan 18
Jan 18
Twitter Blue is rolling out an annual subscription that can help you save some money if you are a subscriber. We have all the details right here!
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