{"id":31123,"date":"2023-07-04T02:44:32","date_gmt":"2023-07-04T06:44:32","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/musks-twitter-rate-limits-could-undermine-new-ceo-ad-experts-say\/"},"modified":"2023-07-04T02:44:34","modified_gmt":"2023-07-04T06:44:34","slug":"musks-twitter-rate-limits-could-undermine-new-ceo-ad-experts-say","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=31123","title":{"rendered":"Musk&#8217;s Twitter rate limits could undermine new CEO, ad experts say"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. REUTERS\/Dado Ruvic\/Illustration<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By Jody Godoy<\/p>\n<p>(Reuters) -Elon Musk&#8217;s move to temporarily cap how many posts Twitter users can read on the social media site could undermine\u00a0efforts by new CEO Linda Yaccarino to attract advertisers, marketing industry professionals said.<\/p>\n<p>Musk announced Saturday that Twitter would limit how many tweets per day various accounts can read, to discourage &#8220;extreme levels&#8221; of data scraping and system manipulation.<\/p>\n<p>Users posted screenshots in reply, showing they were unable to see any tweets, including tweets on the pages of corporate advertisers, after hitting the limit.<\/p>\n<p>Ad industry veterans said the move creates an obstacle for Yaccarino, the former NBCUniversal advertising chief who started last month as Twitter&#8217;s CEO.<\/p>\n<p>Yaccarino has sought to repair relationships with advertisers who pulled away from the site after Musk bought it last year, the Financial Times reported last week.<\/p>\n<p>The limits are &#8220;remarkably bad&#8221; for users and advertisers already shaken by the &#8220;chaos&#8221; Musk has brought to the platform, Mike Proulx, research director at Forrester, said on Sunday.<\/p>\n<p>&#8220;The advertiser trust deficit that Linda Yaccarino needs to reverse just got even bigger. And it cannot be reversed based on her industry credibility alone,&#8221; he said.<\/p>\n<p>Lou Paskalis, the founder of advertising consultancy AJL Advisory and former marketing boss at Bank of America (NYSE:), said Yaccarino is Musk&#8217;s &#8220;last best hope&#8221; to salvage ad revenue and the company&#8217;s value.<\/p>\n<p>&#8220;This move signals to the marketplace that he&#8217;s not capable of empowering her to save him from himself,&#8221; he said.<\/p>\n<p>Under the new cap, unverified accounts were initially limited to 600 posts a day with new unverified accounts limited to 300. Verified accounts could read 6,000 posts a day, Musk said in a post on the site.<\/p>\n<p>Hours later, he said the cap was raised to 10,000 posts per day for verified users, 1,000 per day for unverified and 500 posts per day for new unverified users.<\/p>\n<p>A Twitter spokesperson did not reply to requests for comment and inquiries about how long the restrictions will last on Sunday.<\/p>\n<p>Capping how much users can view could be &#8220;catastrophic&#8221; for the platform&#8217;s ad business, said Jasmine Enberg, principal analyst at Insider Intelligence.<\/p>\n<p>&#8220;This certainly isn&#8217;t going to make it any easier to convince advertisers to return. It&#8217;s a hard sell already to bring advertisers back,&#8221; she said.<\/p>\n<p>Olivia Wedderburn, an executive at creative agency TMW Unlimited, said she was advising her clients to &#8220;stop investing in Twitter immediately,&#8221; because the platform was turning away heavily engaged users, which she said is the &#8220;sole reason&#8221; to advertise on Twitter. <\/p>\n<p>The limit came soon after Twitter began requiring users to log into an account on the social media platform to view tweets, which Musk called a &#8220;temporary emergency measure&#8221; to combat data scraping.<\/p>\n<p>Musk had earlier expressed displeasure with artificial intelligence firms like OpenAI, the owner of ChatGPT, for using Twitter&#8217;s data to train their large language models.<\/p>\n<p>Platforms including Reddit and major news media organizations have complained about AI companies using their information to train AI models as some have sought fees. \u00a0<\/p>\n<p>Kai-Cheng Yang, researcher at Indiana University in Bloomington, said that the limits appeared to be effective in blocking third parties, including search engines, from scraping Twitter data like before.<\/p>\n<p>&#8220;It might still be possible, but the methods would be much more sophisticated and much less efficient,&#8221; he said.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/economy\/analysismusks-twitter-rate-limits-could-undermine-new-ceo-ad-experts-say-3118373\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. Twitter logo and a photo of Elon Musk are displayed through magnifier in this illustration taken October 27, 2022. REUTERS\/Dado Ruvic\/Illustration By Jody Godoy (Reuters) -Elon Musk&#8217;s move to temporarily cap how many posts Twitter users can read on the social media site could undermine\u00a0efforts by new CEO Linda Yaccarino to attract advertisers, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-31123","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Musk&#039;s Twitter rate limits could undermine new CEO, ad experts say | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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