• no banana
    link
    1481 month ago

    Whoever bought twitter seems to have done waaaaaay worse

  • AwkwardLookMonkeyPuppet
    link
    English
    931 month ago

    Remember when Newscorp bought MySpace for $580 million dollars and then immediately wiped the user database? What in the actual fuck were they thinking? Talk about not knowing what you bought.

    • The Snark Urge
      link
      English
      661 month ago

      It’s almost like far right billionaires are bad stewards of social media

        • The Snark Urge
          link
          English
          11 month ago

          In one sense. Name one corporate social media platform that doesn’t wish it could be as overtly evil as them.

    • @evidences
      link
      81 month ago

      I might be wrong but I think might be misremembering something, Myspace lost all it’s user data but not till like 2016 which was years after news corp sold the site.

      • AwkwardLookMonkeyPuppet
        link
        English
        12
        edit-2
        1 month ago

        They didn’t delete the users, but they deleted everyone’s blog posts, and i think wall posts and settings too. It has been decades now, but I remember a bunch of content disappearing right after they bought it, which drove more people to check out Facebook. Then later I think they wiped the pictures from people who hadn’t been active in awhile. I know at some point all of my pictures disappeared, and that’s when I finally completely gave up on the site.

  • @[email protected]
    link
    fedilink
    851 month ago

    I still wonder if they tanked it on purpose. Hanlon’s razor and all that, but it’s just weird how many left-leaning social media sites get bought by right-wing assholes who immediately piledrive it into the ground against all capitalistic reason.

    • @NeptuneOrbit
      link
      371 month ago

      Facebook did the same with Instagram the year before. Definitely trying to manage risk by buying and/or killing all the competition.

      • @kameecoding
        link
        211 month ago

        Pretty sure facebook did it with a lot of the competition

    • @whereisk
      link
      251 month ago

      The decision to buy is made by numbers before the purchase: returning visitors, time spent etc. “look at how many hours of eyeballs we’re buying”

      The decision to kill the porn is made by social pressure after the purchase: “hey we’ve noticed that in your stable if brands you have some questionable materials. We can’t be associated with that kind of filth, you’re damaging our brand.” - cc processors, advertisers etc. “my wife went on that platform we just bought and you won’t believe what she found” - half the members of the board.

      Most boards are collectively moronic - rarely do you have competent people that can hold serious tense discussion and can reach conclusions without either descending into massive infighting or just coast along the dominant political players.

      • @MataVatnik
        link
        101 month ago

        Sounds like boards are just HOAs for rich people

        • @whereisk
          link
          61 month ago

          Most are there for the kudos and cocktail parties. They really don’t give a shit about how anything is going if it’s not sudden unless it reflects on them personally. It can’t reflect on them personally if they don’t get personally involved and just coast along instead.

    • GladiusB
      link
      181 month ago

      As much as I think it could be malicious I am more inclined to believe incompetence. They saw a profitable business and thought they could improve efficiency and keep the market. Little did they account for how much the market wasn’t there for their ideas.

  • mechoman444
    link
    411 month ago

    I used tumblr back then specifically for porn. It was glorious!

    Now it’s just a Taylor Swift fan blog.

    • @[email protected]
      link
      fedilink
      51 month ago

      Heritageposts is pretty fun, but it’s hard not to think of the whole site as a sort of memorial/nostalgia collection of what it once was.

      • mechoman444
        link
        41 month ago

        It was. It was just people posting very specific types of porn.

        One of my favorites was called imprefect10. Which was women that didn’t conform to the standard definition of beauty but were amazingly hot nevertheless. It was such a subjective way to categorize certain types of people… It really emphasized the old saying beauty is in the eye of the beholder.

  • @kromem
    link
    English
    23
    edit-2
    1 month ago

    Yahoo is like the Robin Hood of M&A companies.

    Take from the rich (themselves) and give to the poor (overvalued startups).

    They have quite the history of throwing ridiculous sums of money at companies not at all worth what they paid and ending up with worthless acquisitions.

    Literally one of the investors on Shark Tank is only massively rich because Yahoo made one of the worst acquisitions in history.

    They regularly took huge sums of money and threw it around like a toddler with creamed carrots.

  • katy ✨
    link
    fedilink
    171 month ago

    as someone who was on tumblr during the yahoo years, it was an awesome time because we basically just ruined everything so bad we caused a company to lose billions which is why i’m shocked elon hasn’t realized what pissing off his users can do

    • @Etterra
      link
      41 month ago

      Never underestimate the power of a brittle ego.

  • @daltotron
    link
    111 month ago

    So did they just blatantly want tumblr to burn, or was it kind of a situation where they wanted to “make the platform more advertiser friendly” and then decided to make that decision without consulting their userbase or understanding the statistics of their userbases’ use?

    I dunno. This current model of advertisers bankrolling the infrastructure that makes up the internet isn’t really working out, though, especially when most of these advertisers are super prudish, or, more likely than not, use prudishness as an easy way to basically just have iron-fisted control over these platforms. So kind of through that mechanism they can totally control the platforms that people are using.

    • @[email protected]
      link
      fedilink
      11 month ago

      You’re attributing too much intelligence to morons. They bought it because they saw user numbers and thought it would make them money. They shuttered porn after their advertisers demanded it, and they thought that porn wasn’t a big enough part of Tumblr to sink the site.

      Yahoo had no idea what they were buying, had no idea what to do with it once they had it, and so they sold it at a tremendous loss after they realized they couldn’t make money off it. No malice, no shadowy conservative cabal trying to police morality, just a bunch of airhead MBAs thinking they know something about tech.

      • @daltotron
        link
        21 month ago

        I wasn’t even thinking of a shadowy conservative cabal as much as just like- “Tailor your platform to encourage more watch time! Tailor your platform to encourage it’s users to be more tolerant of advertisements generally! Tailor your platform to promote more content that is related to our ads, and more easily bought out creators! If you don’t, we’ll pull our ads under the guide of moral policing!” kind of a thing.

        But yeah it’s probably more of a hanlon’s razor kinda deal

  • @Furbag
    link
    101 month ago

    Still a better deal than Elon buying Twitter lol

  • @mmagod
    link
    61 month ago

    i didn’t even know they sold it

    • Canadian_Cabinet
      link
      fedilink
      31 month ago

      Thee originally sold it to Verizon, but I guess now its owned by Automattic, who owns a bunch of other companies like Beeper, Wordpress, and Gravitar