this post was submitted on 26 Jul 2023
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It is technology news, it is not general. The Platform Formerly Known As Twitter is a technology company.
It's a media company. Why are so many people here calling in a technology company - because they have a Web site? They do not develop, produce or sell any technology product. They operate a Web site and sell ad space, just like every newspaper, magazine and TV network. Are we calling the New York Times a technology company?
I would consider social media companies part of the technology realm. What does it take to run all of that? What do they produce to make it functional? What do they research to make it better? Just commercials? No the whole thing has an extremely tech heavy backend wether you see it on your local machine or not. The entire thing is pushed and moved by tech.
But we aren't discussing the tech backend that makes all of that happen; we're talking about business dealings and the politics thereof. Therein lies the issue.
I will concede on that point. Because we aren't talking about their backend. I imagine it gets posted because it sparks engagement like this.
Countless companies that are not technology companies use these same technologies in the same ways. Using technology does not make something a technology company.
It is not a media company. Twitter doesn't manufacture the content, they provide the platform. The platform is the technology.
It's a media company. The only difference between them and a newspaper is a short word limit and they don't pay their authors. No one is paying Twitter for technology that they produce or for technological services. They get money from ads and subscriptions - the media business model.