Temperance
kiwifarms.net
- Joined
- May 1, 2022
For the news segment tomorrow:
The global recession continues to hit tech companies hard. There seems to be a trend forming where they're wanting to delete old user accounts & content as a cost-cutting measure. The (digital) Burning of the Library of Alexandria is coming soon.
Musk said last week [archive] that Twitter is going to start purging accounts that have been inactive "for several years".

His bad excuse is that username handles need to be freed up. After getting some backlash, he claimed the deleted accounts will be archived somehow, but provided no details about this.

Google has now followed suit. [Reuters] [Archive] [A&N]

Google has unsurprisingly gotten backlash for this, especially from people worried about old Youtube videos disappearing. Google has since edited their blogpost to promise that they won't be deleting old accounts with uploaded Youtube videos... for now.
It's also worth mentioning that Youtube is experimenting with banning ad blockers.
This is from last month, but Imgur is also purging their old content.
Tangentially related to all of the above, but the media company VICE filed for Chapter 11 bankruptcy this week and will be selling off its assets. [1] [2]
Also, corporate bankruptcies are up 216% so far this year, but don't you dare say we're in a recession!!!
The global recession continues to hit tech companies hard. There seems to be a trend forming where they're wanting to delete old user accounts & content as a cost-cutting measure. The (digital) Burning of the Library of Alexandria is coming soon.
Musk said last week [archive] that Twitter is going to start purging accounts that have been inactive "for several years".

His bad excuse is that username handles need to be freed up. After getting some backlash, he claimed the deleted accounts will be archived somehow, but provided no details about this.

Google has now followed suit. [Reuters] [Archive] [A&N]
"Security threats", btw... It's totally not that they're trying to pinch pennies now that the money faucet is running dry.Google on Tuesday said it would delete accounts that had remained unused for two years starting December, in a bid to prevent security threats including hacks.
The company said that if a Google account had not been used or signed into for at least two years, it might delete the account and content across Google Workspace, which includes Gmail, Docs, Drive, Meet and Calendar, as well as YouTube and Google Photos.
Google has unsurprisingly gotten backlash for this, especially from people worried about old Youtube videos disappearing. Google has since edited their blogpost to promise that they won't be deleting old accounts with uploaded Youtube videos... for now.
Starting later this year, if a Google Account has not been used or signed into for at least 2 years, we may delete the account and its contents – including content within Google Workspace (Gmail, Docs, Drive, Meet, Calendar) and Google Photos.
They're still going to delete other old accounts, and I have no doubt they're hoping to delete old, unprofitable Youtube videos sometime in the future after the heat dies down.Additionally, we do not have plans to delete accounts with YouTube videos at this time.
It's also worth mentioning that Youtube is experimenting with banning ad blockers.
This is from last month, but Imgur is also purging their old content.
The article focuses on Imgur removing pornography, but it also mentions deleting content that was uploaded anonymously (without a proper Imgur account), which I suspect could be a majority of all old content. Especially considering how Imgur used to be used primarily by Redditors who just needed an image host.The company says it has a new terms of service coming into effect on May 15th and that, as a result, it’ll be removing “nudity, pornography, & sexually explicit content” from its platform as well as “old, unused, and inactive content that is not tied to a user account.”
Tangentially related to all of the above, but the media company VICE filed for Chapter 11 bankruptcy this week and will be selling off its assets. [1] [2]
Also, corporate bankruptcies are up 216% so far this year, but don't you dare say we're in a recession!!!
Chilling new data from the S&P shows corporate bankruptcy is soaring, yet the U.S. is not technically in a recession.
The most recent S&P data show 2023 corporate bankruptcies rising at an alarming clip.
Some experts and researchers believe that the Fed's past easy money policy, coupled with the failing of multiple banks and extreme hesitancy by those that remain, may set up the average American consumer for a "combination credit crunch plus recession."
Yet other officials say a soft landing is still possible. Treasury Secretary Janet Yellen said on May 8 that she hopes "we will be on the good path to a so-called soft landing" despite the U.S. running up against its debt ceiling, potentially defaulting on its debt, regional bank pressure mounting, tightening lending conditions, and "some of the heat coming out of the labor market."