[lapcat]

The article discusses Twitter specifically. By practically all measures, Twitter (now X) is doing worse than before Musk acquired it. Indeed, Musk's creditors have downgraded the value of the investment multiple times. Financially, the acquisition has been a bust. It's been pure self-destruction.

Another thing about Twitter/X that most people don't realize is how little it has changed. Superficially it's changed, including a new domain name, but the actual code and operation seem to be more or less the same as before. And in fact some of the new features that shipped after the acquisition were already in the works before the acquisition. Years ago I wrote a Twitter-specific web browser extension, and aside from the change in domain name, the extension continues to work almost perfectly. In a way, it's shocking how little has changed.