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What Does Elon Musk’s Twitter Look Like For Digital Marketers?

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What Does Elon Musk's Twitter Look Like For Digital Marketers?

Elon Musk became Twitter’s biggest shareholder on April 4 after acquiring a 9.1% stake in the company. An SEC filing shows he will serve as a Class II director until the company’s 2024 annual shareholder’s meeting.

This appointment, which is not a top-tier position on the board, also limits his stake to 14.9% or less of common stock during his tenure and for 90 days afterward.

The question now is this: What might the influence of Elon Musk mean for Twitter, and for the digital marketing landscape as a whole?

What Changes With Musk Invested & Involved With Twitter?

Twitter cofounder Jack Dorsey, who stepped down as CEO last year, welcomed Musk to the board of directors, stating he believes Musk and current CEO Parag Agrawal “will be an incredible team.”

Musk has already expressed new ideas for the platform, including adding an edit feature, which the company has been working on since last year, and calling crypto bots the “single most annoying problem” on the platform.

As the largest shareholder in the company, Musk will have a large role in determining the direction the company takes.

But as just one member of the 12-person board, he will have no responsibility for day-to-day operations or decisions.

This means while he has an outsized voice in the company’s future, he cannot unilaterally implement functionality changes or reverse policy decisions.

“This takes Musk full circle, from the founder of X.com (which later became PayPal) back to the world of app communications – and maybe even payments. Twitter’s collection of patents is strong, with everything from tweeting to patents on semi-conductors,” says Loren Baker, founder of Search Engine Journal and Foundation Digital.

Twitter’s patent portfolio is over 1,400 innovations strong, the bulk of which are the result of acquisitions (just 280 applications were filed by Twitter itself).

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“It’s unclear exactly where Musk fits in here but as with his solar and space endeavors, most of his projects and acquisitions become closely tied to Tesla,” Baker noted, adding that one obvious connection is with Twitter in the Tesla screens.

“But with trust in Google and Meta fading, I would not be surprised to see Musk go in more of a news and trends discovery direction at Twitter,” Baker said.

“Plus, every social media engine needs a face. Musk is a perfect replacement for Dorsey who has doubled down on fintec.”

Musk Has History with Twitter

Prior to acquiring shares in the company, Musk was known to use Twitter to gather and influence public opinion on the site.

On March 25, he polled his more than 80 million followers if they believed Twitter rigorously adhered to the principles of free speech.

When more than 70% replied no, he hinted that he was considering starting a new social media platform.

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Criticisms of Twitter’s commitment to free speech were exacerbated by the platform’s January 8, 2021 banning of former President Donald Trump for repeated violations of company rules.

Additionally, Musk has expressed dissatisfaction with the way Twitter cracked down on his finance-related tweets, particularly his November 6, 2021 tweets in which he asked followers whether he should sell a portion of his Tesla stock.

The SEC has claimed it has legal authority to subpoena the Tesla CEO over these tweets and that his move to throw out a 2018 court agreement that his tweets be pre-approved is invalid.

“We could see some pretty fundamental changes in how Twitter works as a result of Musk’s deeper involvement,” says Miranda Miller, Sr. Managing Editor at Search Engine Journal.

“A few weeks ago, Musk tweeted at Jack Dorsey that Twitter’s algorithm should be open source, then followed it up with a poll that gathered over 1.1 million votes,” she notes.

“Elon has also been a vocal critic of what he perceives as Twitter’s inaction on crypto scams and hindrance of free speech.

“I would not be surprised if we see him advocating at the board table for a freer, more open, and less moderated space, which has the potential to become a greater liability for brands,” Miller said.

“On the other hand, he’s an innovator and proven successful in the online payments space. This could be good news for Twitter’s social commerce plans. It’s a place where they’ve historically struggled and we’re seeing in their launch of the Shop module that it’s a renewed area of focus,” she explains.

Twitter Shares Surge Following Announcement

Following the announcement, shares of Twitter, Inc. on the New York Stock Exchange soared by as much as 27%, from $39.30 to a high of $53.84.

It was the company’s biggest market gain since the company’s initial public offering in 2013. At the time of this writing, they were trading at $50.51.

Musk revealed his purchase on Monday, April 4, but a filing shows he began acquiring stock on January 31. His initial filing with the Securities and Exchange Commission was a 13G form, which suggests a passive investment.

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However, on Tuesday, April 5, he filed a form 13D, which is more commonly used by activist investors.

Whether the initial spike in stock prices is a sign of overall public approval or not remains to be seen.

One thing is certain – Elon Musk has big plans for Twitter.

How much influence he has, which changes are implemented, and how this impacts digital marketing via the platform remain to be seen.


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Google March 2024 Core Update Officially Completed A Week Ago

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Graphic depicting the Google logo with colorful segments on a blue circuit board background, accompanied by the text "Google March 2024 Core Update.

Google has officially completed its March 2024 Core Update, ending over a month of ranking volatility across the web.

However, Google didn’t confirm the rollout’s conclusion on its data anomaly page until April 26—a whole week after the update was completed on April 19.

Many in the SEO community had been speculating for days about whether the turbulent update had wrapped up.

The delayed transparency exemplifies Google’s communication issues with publishers and the need for clarity during core updates

Google March 2024 Core Update Timeline & Status

First announced on March 5, the core algorithm update is complete as of April 19. It took 45 days to complete.

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Unlike more routine core refreshes, Google warned this one was more complex.

Google’s documentation reads:

“As this is a complex update, the rollout may take up to a month. It’s likely there will be more fluctuations in rankings than with a regular core update, as different systems get fully updated and reinforce each other.”

The aftershocks were tangible, with some websites reporting losses of over 60% of their organic search traffic, according to data from industry observers.

The ripple effects also led to the deindexing of hundreds of sites that were allegedly violating Google’s guidelines.

Addressing Manipulation Attempts

In its official guidance, Google highlighted the criteria it looks for when targeting link spam and manipulation attempts:

  • Creating “low-value content” purely to garner manipulative links and inflate rankings.
  • Links intended to boost sites’ rankings artificially, including manipulative outgoing links.
  • The “repurposing” of expired domains with radically different content to game search visibility.

The updated guidelines warn:

“Any links that are intended to manipulate rankings in Google Search results may be considered link spam. This includes any behavior that manipulates links to your site or outgoing links from your site.”

John Mueller, a Search Advocate at Google, responded to the turbulence by advising publishers not to make rash changes while the core update was ongoing.

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However, he suggested sites could proactively fix issues like unnatural paid links.

Mueller stated on Reddit:

“If you have noticed things that are worth improving on your site, I’d go ahead and get things done. The idea is not to make changes just for search engines, right? Your users will be happy if you can make things better even if search engines haven’t updated their view of your site yet.”

Emphasizing Quality Over Links

The core update made notable changes to how Google ranks websites.

Most significantly, Google reduced the importance of links in determining a website’s ranking.

In contrast to the description of links as “an important factor in determining relevancy,” Google’s updated spam policies stripped away the “important” designation, simply calling links “a factor.”

This change aligns with Google’s Gary Illyes’ statements that links aren’t among the top three most influential ranking signals.

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Instead, Google is giving more weight to quality, credibility, and substantive content.

Consequently, long-running campaigns favoring low-quality link acquisition and keyword optimizations have been demoted.

With the update complete, SEOs and publishers are left to audit their strategies and websites to ensure alignment with Google’s new perspective on ranking.

Core Update Feedback

Google has opened a ranking feedback form related to this core update.

You can use this form until May 31 to provide feedback to Google’s Search team about any issues noticed after the core update.

While the feedback provided won’t be used to make changes for specific queries or websites, Google says it may help inform general improvements to its search ranking systems for future updates.

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Google also updated its help documentation on “Debugging drops in Google Search traffic” to help people understand ranking changes after a core update.


Featured Image: Rohit-Tripathi/Shutterstock

FAQ

After the update, what steps should websites take to align with Google’s new ranking criteria?

After Google’s March 2024 Core Update, websites should:

  • Improve the quality, trustworthiness, and depth of their website content.
  • Stop heavily focusing on getting as many links as possible and prioritize relevant, high-quality links instead.
  • Fix any shady or spam-like SEO tactics on their sites.
  • Carefully review their SEO strategies to ensure they follow Google’s new guidelines.

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Google Declares It The “Gemini Era” As Revenue Grows 15%

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A person holding a smartphone displaying the Google Gemini Era logo, with a blurred background of stock market charts.

Alphabet Inc., Google’s parent company, announced its first quarter 2024 financial results today.

While Google reported double-digit growth in key revenue areas, the focus was on its AI developments, dubbed the “Gemini era” by CEO Sundar Pichai.

The Numbers: 15% Revenue Growth, Operating Margins Expand

Alphabet reported Q1 revenues of $80.5 billion, a 15% increase year-over-year, exceeding Wall Street’s projections.

Net income was $23.7 billion, with diluted earnings per share of $1.89. Operating margins expanded to 32%, up from 25% in the prior year.

Ruth Porat, Alphabet’s President and CFO, stated:

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“Our strong financial results reflect revenue strength across the company and ongoing efforts to durably reengineer our cost base.”

Google’s core advertising units, such as Search and YouTube, drove growth. Google advertising revenues hit $61.7 billion for the quarter.

The Cloud division also maintained momentum, with revenues of $9.6 billion, up 28% year-over-year.

Pichai highlighted that YouTube and Cloud are expected to exit 2024 at a combined $100 billion annual revenue run rate.

Generative AI Integration in Search

Google experimented with AI-powered features in Search Labs before recently introducing AI overviews into the main search results page.

Regarding the gradual rollout, Pichai states:

“We are being measured in how we do this, focusing on areas where gen AI can improve the Search experience, while also prioritizing traffic to websites and merchants.”

Pichai reports that Google’s generative AI features have answered over a billion queries already:

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“We’ve already served billions of queries with our generative AI features. It’s enabling people to access new information, to ask questions in new ways, and to ask more complex questions.”

Google reports increased Search usage and user satisfaction among those interacting with the new AI overview results.

The company also highlighted its “Circle to Search” feature on Android, which allows users to circle objects on their screen or in videos to get instant AI-powered answers via Google Lens.

Reorganizing For The “Gemini Era”

As part of the AI roadmap, Alphabet is consolidating all teams building AI models under the Google DeepMind umbrella.

Pichai revealed that, through hardware and software improvements, the company has reduced machine costs associated with its generative AI search results by 80% over the past year.

He states:

“Our data centers are some of the most high-performing, secure, reliable and efficient in the world. We’ve developed new AI models and algorithms that are more than one hundred times more efficient than they were 18 months ago.

How Will Google Make Money With AI?

Alphabet sees opportunities to monetize AI through its advertising products, Cloud offerings, and subscription services.

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Google is integrating Gemini into ad products like Performance Max. The company’s Cloud division is bringing “the best of Google AI” to enterprise customers worldwide.

Google One, the company’s subscription service, surpassed 100 million paid subscribers in Q1 and introduced a new premium plan featuring advanced generative AI capabilities powered by Gemini models.

Future Outlook

Pichai outlined six key advantages positioning Alphabet to lead the “next wave of AI innovation”:

  1. Research leadership in AI breakthroughs like the multimodal Gemini model
  2. Robust AI infrastructure and custom TPU chips
  3. Integrating generative AI into Search to enhance the user experience
  4. A global product footprint reaching billions
  5. Streamlined teams and improved execution velocity
  6. Multiple revenue streams to monetize AI through advertising and cloud

With upcoming events like Google I/O and Google Marketing Live, the company is expected to share further updates on its AI initiatives and product roadmap.


Featured Image: Sergei Elagin/Shutterstock

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brightonSEO Live Blog

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brightonSEO Live Blog

Hello everyone. It’s April again, so I’m back in Brighton for another two days of sun, sea, and SEO!

Being the introvert I am, my idea of fun isn’t hanging around our booth all day explaining we’ve run out of t-shirts (seriously, you need to be fast if you want swag!). So I decided to do something useful and live-blog the event instead.

Follow below for talk takeaways and (very) mildly humorous commentary. 

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