Brands that don't buy enough Twitter ads will lose verification

Starting August 7th, advertisers that haven’t reached certain spending thresholds will lose their official brand account verification. According to emails obtained by the WSJ, brands need to have spent at least $1,000 on ads within the prior 30 days or $6,000 in the previous 180 days to retain the gold checkmark identifying that the account belongs to a verified brand.

Threatening to remove verified checkmarks is a risky move given how many ‘Twitter alternative’ services like Threads and Bluesky are cropping up and how willing consumers appear to be to jump ship, with Threads rocketing to 100 million registrations in just five days. That said, it’s not like other efforts to drum up some additional cash, like increasing API pricing, have gone down especially well, either. It’s a bold strategy, Cotton — let’s see if it pays off for him.

Nerorero,
@Nerorero@lemmy.blahaj.zone avatar

South park couldn’t come up with this level of “because x therefore x”

blackkn1ght,

So what is stopping the companies from just paying the 9 bucks for the verified status and telling the muskrat to sod off?

Anomandaris,
@Anomandaris@kbin.social avatar

gold checkmark identifying that the account belongs to a verified brand.

Blue checkmark and gold checkmark are different things.

arc,

Controversial idea but maybe federated servers should think of some way of delivering federated advertising. Some way to fund the model in a fair and equitable way while draw away funding that goes into Twitter or other social media platforms. Doesn’t stop people blocking it of course.

TwilightVulpine,

We do need to think about how to keep the Fediverse running, but advertising shouldn’t be federated. If an instance wants to run ads that’s fine, but that shouldn’t be distributed to any other instances, not even if the posts and users engage with other instances. Who is going to want to see or redistribute ads for a different instance?

arc,

Like I said, controversial but it’s quite reasonable for the operators of these servers to want to raise money somehow. Even if the activity pub feed describes elements with a “this is an ad” tag and allows the recipient to choose whether to serve it or not.

chicken,
@chicken@lemmy.world avatar

beehaw has donations and releases regular reports of how its being spent, I think that model is pretty good. from what ive seen they always get more than enough needed.

schmorpel,

No please let’s just make it not a thing anymore to finance stuff with advertising. I’m happy to support an instance I enjoy spending time on with volunteering service and/or money, but I’m here exactly because I don’t want to see ads. I’m right now a happy human, commenting on a post on the internet, without a need in the world and I don’t want to see any text, picture or video on my screen that suggests otherwise.

Sanctus,
@Sanctus@lemmy.world avatar

A desperate ploy to repay the insatiable debt frin the purchase, or genius business move? You decide.

harbo,

I miss what Twitter used to be

elbarto777,

I liked the idea of twitter until the time news outlets started quoting random tweets in their articles.

AbidanYre, (edited )

I remember back in like '08 or '09 the TV in the cafeteria at work was playing CNN and they literally had a camera pointed at a computer monitor scrolling Twitter, discussing what people on Twitter were saying.

That’s when I knew journalism was dead.

DarkGamer,
@DarkGamer@kbin.social avatar

Why anyone stays on twitter is beyond me. Musk is turning it into something toxic, akin to parler or truth social, and he's making decisions regarding it like it's his private BBS or a toy to be played with capriciously.

MaxPow3r11,

“I just reinstated a pedophile. Now pay me to put your ads on my SHIT” ~Elon “fascists are my best and only friends” Musk

JackbyDev,

X* ads.

Gyella,

Twitter is still a thing? Color me surprised. It won’t be much longer.

Also, FUCK Elon Musky

kworpy,

The fuck is this meant to do? Will Elon ever realize that he’s not improving Twitter in any way and is only making it worse?

DarkThoughts,

I'm no businessman but this sounds like a good way to make companies move away from your platform.

Darkard,

Lol, without his handlers to keep his stupid ideas in check he really is outing himself as an absolute idiot

whiskeypickle,
@whiskeypickle@lemmy.ml avatar

wtf…musk is an idiot

Jaysyn,
@Jaysyn@kbin.social avatar

Elon is fishing for suckers.

HawlSera,

Speedrunning the collapse of the Corponet

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