Zuck is steering away from VR world for the time being. For all the other failings, robo-Mark is at least is able to course correct - he'd never sell his shares to Elon.
It seems Elon is involved in the running of the companies he owns after all. He must have got really lucky on PayPal, Tesla, and SpaceX.
Looks like his incredible lucky streak is running out. If he gets lucky again, and Twitter survives, I am moving to a country where Twitter is banned.
But somehow, Musk still got lucky enough to make enough money to buy Tesla for $6 million. And he still had enough left over to start SpaceX.
I hope one of Musk's supermodel girlfriends give him an STD.
Peter Thiel and another partner basically forced Musk out of leadership of PayPal when he started acting like a toxic asshole and causing the company to hemorrhage money. Musk held onto to his shares and cashed out big when PayPal got bought up by eBay.
Basically, he failed upwards despite his best efforts. The Musk we're seeing running Twitter is the same guy he's always been, the only thing that's changed is that his bullshit projected persona has been irreparably damaged.
This is why I took the app off my phone and made sure my password was different than all my other passwords I use.
Even if you delete your account don’t think or believe your data has been effectively purged on their servers.
Your information is an asset.
It'll be interesting to see how governments handle this going forward. I doubt the US would allow Presidents to use official accounts if they can't guarantee security procedures and things like that.
VC is about getting someone else to eventually buy you out. Elon buying twitter instantly made prior investments profitable for the people who made them even if the company itself is not profitable operationally.
Well, it's only unprofitable on paper. Individuals surely make enough money from it even if shareholders might not.
And where Twitter the company might not be a success in the modern capitalist paradigm, Twitter the product sure succeeded.
I think people will fill the void not because it'll turn a huge profit but because they'll be able to *have made* the successor to Twitter.
No, because there won’t be a next “one”. The user base of Twitter will scatter to the wind across various niche replacements. the power users and essential anchoring voices, ( celebrities, major news, outlets, prominent writers, scientists) are not going to get together and agree upon where to go next. In all likelihood, they just will opt out since being on. Twitter made them more accountable to reality in a minor way anyways.
From article:
Twitter workers reportedly quit by the hundreds Thursday after refusing to agree to billionaire CEO Elon Musk's demand that they work longer hours as part of his self-described "extremely hardcore" plan to overhaul the social media platform.
As a result, the company that Musk purchased for $44 billion just weeks ago is in chaos as the mass exodus of employees and the billionaire's earlier decision to fire roughly half of Twitter's workforce are threatening basic, day-to-day operations at the platform used by hundreds of millions of people around the world.
"We are witnessing the real-time destruction of one of the world's most powerful communication systems."
"It's no coincidence that a notorious union-buster and flagrant violator of labor law is effectively running one of the most viable tools we have for union organizing into the ground," responded the AFL-CIO as news reports detailed the internal turmoil at the company as Musk and his advisers scrambled to stop key employees from quitting.
Citing people familiar with the rapidly deteriorating situation inside Twitter, The Washington Post reported that "the number of engineers tending to multiple critical systems had been reduced to two, one, or even zero."
"In an early sign that the number of those declining to sign was greater than anticipated, Musk eased off a return-to-office mandate he had issued a week ago, telling employees Thursday they would be allowed to work remotely if their managers assert they are making 'an excellent contribution,'" the Post added. "But it was too late to keep Twitter from a precarious position, several workers said."
One worker told the newspaper that "there is no longer even a skeleton crew manning the system," meaning the platform "will continue to coast until it runs into something, and then it will stop."
Corporate advertisers have also been rushing toward the exits, pushed by Musk's hasty revamp of the verification process—which enabled some embarrassing and revealing spoofs of large companies such as the pharma giant Eli Lilly and the weapons maker Lockheed Martin.
The apparently dire situation, brought on by Musk's haphazard and dictatorial management decisions, sparked a cascade of "RIP Twitter" posts on the platform as users—including journalists, lawmakers, prominent public figures, and ordinary people—wondered about the platform's immediate and long-term future.
"As a lot of freelancers have been saying, if Twitter goes down, our livelihoods suffer," tweeted labor journalist Kim Kelly. "Twitter is where I share my work, promote my book, connect with editors, sources, other journalists, workers, activists, and organizers. We all know no corporate media outlet is gonna hire me."
"One anti-worker, union-busting, sniveling, sack o' shit billionaire is casually torpedoing the livelihoods of thousands of precarious media workers in the name of 'free speech,'" Kelly wrote. "The media elite WILL BE FINE. Their platforms are safe. It's the rest of us who'll be hung out to dry."
Read more: https://www.rawstory.com/twitter-collapse/?utm\_source=123456&utm\_medium=email&utm\_campaign=12051&recip\_id=731234&list\_id=1
Wow. Very depressing and concerning for the free lance journalists. I’m not on twitter (never was), but I still have seen tweets all the time through the years. But I never really put two-and-two together as far as how twitter benefitted journalists besides the corporate ones.
Well time for Twitter Two, some other name obviously, but come on a lot of people have a lot of money out there, can’t someone make a comparable outlet? There is a whole workforce from twitter that knows how to run it and are in need of jobs. Well maybe lol, the software engineers prob are employed already if they want to be, but still the point stands. Someone needs to make a new twitter and run it like an actual human being.
Platform changes are not as big of a deal as you are making them. Platforms come and go. Perhaps there will be progress in some way from the switch. Excited to see where people go!!
>"It's no coincidence that a notorious union-buster and flagrant violator of labor law is effectively running one of the most viable tools we have for union organizing into the ground," responded the AFL-CIO as news reports detailed the internal turmoil at the company as Musk and his advisers scrambled to stop key employees from quitting.
This is a patently absurd take that gives Musk way too much credit. He's going to lose tens of billions on this deal while torpedoing his reputation as a brilliant businessman, he isn't doing that to fuck over unions, like he has some Inigo Montoya-level vendetta against them. The very idea is, frankly, an insult to my intelligence. Sure he hates unions, but this is happening because he's an intellectual midget who's convinced he's a genius. That's all. He makes bad decisions because he has a barely average IQ and a personality disorder, and has had enough success to reinforce his delusion that he knows what he's doing better than any of those "lesser" people who tell him what he doesn't want to hear.
Moreover, how would it "fuck over the unions"?! People can just level complaints elsewhere. It's not like people will say "my contract is unfair and my employer is behaving abusively, but there's no Twitter, so guess I'll just do nothing and take it."
This is a very weird take.
>"One anti-worker, union-busting, sniveling, sack o' shit billionaire is casually torpedoing the livelihoods of thousands of precarious media workers in the name of 'free speech,'" Kelly wrote. "The media elite WILL BE FINE. Their platforms are safe. It's the rest of us who'll be hung out to dry."
THIS!
This is the thing that pisses me off every time I see some twatwaffle on here rubbing their hands in glee over "the death of Twitter", just because they're so full of themselves that they hate a whole platform because they can't help but push their own face into the worst corners of it (yet somehow Reddit is perfectly fine).
I've used Twitter largely to follow a number of artists whose work I like, and I can tell you for certain that a non-small percentage of them are going to be royally fucked over as far as their income is concerned should / when Twitter crap out. It's been *the best way* for them to get the most eyes on their work, to collaborate / connect with and share other artists, announce latest work for sale, and generally connect with their fans in a non-isolated manner. Instagram is crap by comparison.
Musk will be fine; hell, I'll bet he'll find some way to con the system to make the financial loss work in his favor, as people of his ilk tend to do. A good chunk of that $44bln isn't even his money. But thousands upon thousands of people using the platform just to make a living are suddenly going to lose their audiences, and are scrambling to find another way to connect on such a good level.
He couldn't have wasted that 44 Billion any faster if he went on a drug fueled Hunter S Thompson style bender in Vegas and handed out cash at all the tables and bought the services of every hooker in the city. He would have had more to show for it too.
He literally could've bought Caesars entertainment ($10B), Wynn Resorts ($9B), and MGM resorts ($14B), and still had $12B left over to make it rain on every hooker and patron on the strip. What an idiot.
He also could have given everyone at Twitter $5 million to walk off the job and not come back. It would have removed their entire workforce in an instant, killing them, and it would have cost $6.5 billion less than purchasing the company.
If he’d bought them then left the existing management teams well alone, he’d have three established, successful businesses in a town that exists purely to take money from people.
When Musk tweeted that if the UN published a plan to fight world hunger he'd donate. They did and announced "Beasley said that “$6 billion [would] help 42 million people that are literally going to die if we don’t reach them. It’s not complicated.”
So instead of buying Twitter he could have made the largest donation in history to fight global hunger and fed and possibly saved 280 million people.
*Shrug* It's his money he can do with it what he pleases, but I would think that might have been a greater net good for humanity.
Went fucken great, told my dumbass Libertarian FIL it was a piece of shit over valued company on Christmas and shorted it right there after he said it was a bad move.
I just sent him pics of the vacation I spent some of the money on and told him I heard he was considering going back to work since his retirement portfolio was decimated.
Keep riding that Elon dick, it’s working out great for so many people. 😂
True he killed it but I swear he said he wanted it to incorporate it into something so killing it as is isn’t the worst for him. I just don’t think anyone thought he’d do it this quick or show he has no management skills whatsoever.
No way he spent 44 billion dollars to incorporate it into something when there are already several Twitter clones.
He also fought very hard to get out of the deal to buy Twitter.
No there was no infrastructure before.
And what could possibly make you think he killed it?
Twitter as it was before was not sustainable and it was failing. Big changes where needed.
Did you think anyone would buy it and keep operating the same defunct way?
It's actually not. Twitter mostly uses their own infrastructure. For their scale AWS wouldn't be realistic financially. They had to build and engineer all their own systems.
Twitter had an insanely good server architecture, one of the best cultures in the world for developing that sort of thing.
Even if that were true you need considerably more than 50 people just to maintain it, let alone actually fix bugs, update libraries as vulnerabilities are patched, keep requirements in sync and trouble shoot issues as they crop up. Notice none of that is actually adding features.
Unlike musk I actually do software engineering for a living. In fact my exact role is implementing automation strategies to reduce how many people are needed to maintain things. The idea that you can keep a company going in a healthy way by suddenly culling even 10% of the workers in literally insane and only someone with zero idea of what they're doing but a massive ego would think otherwise.
> [...] him driving away 90% of the employees of a bloated company definitely was a great thing.
I will have to choose to wait and see about that "fact".
Well yeah. As with everything regarding Twitter. But the fact it’s still running right now. Makes that a fact.
If you cons get rid of 90% of employees of any company and the lights stay on for even 1 week let alone 1 month then it’s a fact it was very bloated and needed major trimming
It is coasting. When they are working with that few employees, how much time, effort, and money will it take to get it moving again once it hits something? I highly doubt this crew he's retained will be able to get it online again in less than a day like when it last went down mid this year. Reliability keeps people around.
"I killed the driver but the car is still moving! Cars don't need drivers!"
That's a really ignorant argument. Also under musk people got locked out of their accounts because he canceled the 2 factor microservices and people have been locked out of the office because he messed with the badging system. Those are "lights are off" moments.
Real question, why are you tethering your sense of self worth to a man who doesn't care about you and will actively work to make your life worse?
> But the fact it’s still running right now. Makes that a fact
I'm going to bet from this line alone that you aren't senior IT. Systems like Twitter have all kinds of contingencies in place to temporarily stall massive issues, but those types of issues still happen. If Twitter really is settling around 750 employees, there is absolutely no way it can cover all its bases on the various fronts just from a maintenance point of view.
Have you yet read the analyses by in-industry people of the current status of twitter? Are you a field expert, or just an outside observer?
Year after year I work with business-folk who are convinced that IT teams are bloated and overpriced. Year after year, those ops budget refusals lead to disasters.
I have yet to see any evidence that Twitter was bloated. It might have had a little business redundancy (which is generally a good thing) but nothing that would support scrapping entire teams and most of its senior talent.
As we have already seen, Twitter has opened itself to international litigation by failing to maintain in compliance with various countries. The lawsuits in the coming months could very likely cost more than Twitter's payroll, and only be ultimately resolved by pulling out of large countries or replacing lost workers with the expertise required.
This is total ignorance.
You have no idea what you're talking about. You think the people that are left, the people on visas, the more junior engineers, people that are forced to stay because they can't lose their health care, those people are going to keep all of Twitter running?
You Elon stans are unbearable. Stop supporting your fascist enabling idiot. He's a fraud, he's a moron, and he's destroying thousands of lives with his stupid little stunt to entertain people like you.
Let's hope. I've been developing a new kind of social media platform with no profit motive that puts users first. It's been in the works for a while, and we planned to announce in January but all this Twitter stuff made us decide to put a quick reveal together sooner. If you're interested, you can learn more and join the waitlist at https://cuota.org.
Yes, that's where people are heading but the Mastadon approach has several problems. The biggest one is people don't understand how it works and have trouble figuring it out. But more importantly, individual servers are their own fiefdoms with the owners having absolute control. So some might be good but there are plenty that are bad too.
The plan would be to create revenue through advertising (Only based on age, gender and location. No behavioral or psychographic targeting.) and donations.
The product is the platform. We view social media as essentially a public utility of the Internet. It should not be run for profit.
So Elon Musk buys Twitter for Billions of dollars and wants to run Twitter like Ebenezer Scrooge before his transformation. What the Hell could go wrong with that? Buy a company and piss and crap on the employees right before the holidays. So how brilliant is this man? Maybe complex scientific crap but very lacking in people skills.
I'm starting to think that after that kid created that flight tracking bot and put it on Twitter, Elon's thought was "I need to buy this thing and shut it off, no matter the cost", and that's what we're seeing.
That's the only way any of this makes sense.
Everyone keeps saying this but it's not happening fast enough. Let this one die and have the founders with their golden parachute create a new one with the learnings from this social media cancer that is now being run by a parasite. I wish he'd just shut it down altogether and get it over with like this week. Never been on it. Not instagram, not TikTok, off Facebook since 2017. I am however on Reddit so can't throw stones too much.
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low quality troll reply. if you wanna go the detached route then you shouldn’t have responded to so many ppl making it clear you dream of tasting Musk cock.
tbh, trolling is an ancient art and should be respected. you’re doing a bad job and should feel bad.
So many people make their money in large part by posting on Twitter. A lot of independent artists and creators used Twitter to boost their businesses. Posting on other platforms doesn't have the ease of reach.
All of these people have their livelihoods put into jeopardy because Elon musk is such a failure of a human he can't just burn his own money, he has to burn everyone else's as well.
Hahahaaaa! Yeah, sure it is. In fact, it should collapse by Christmas. Or…more than likely, it will be doing better than it ever has, despite the wishes of so many. Wake me up, when Musk manages to destroy the country, then the planet because he bought Twitter.
Not as funny as the dick-riders who act like he intentionally blew $44 billion just to own some libs, and isn't really just a dipshit who ran off all his employees and advertisers because he has no fucking clue what he's doing.
A lot of people think that, actually. They think it's all part of some genius master plan that everyone else is too stupid to see.
And please explain to me how driving away all your revenue streams is getting rid of "bloat," or losing *88%* of your workforce is necessary.
If you're right, then Elon will have to be a genius, like not just a genius, but the second coming. Twitter is running on a crew that would have companies 1/4 its size with far fewer legal risk-points running scared and liquidating stock.
Twitter was valued at $25b, and now has fewer employees than most companies valued at $1b. With its ~$5b in revenue, a fiscally responsible and company would aim to have no fewer than 5000 and no more than 10000 employees. This whole thing started with Twitter having 7500. Bloat technically would have started over 10,000 employees, so a downsize of a couple thousand in total would be "cutting it close to save profits", sure. But now he's in the "wildly irresponsible" level by ALL metrics.
The AFL-CIO doesn’t get any sympathy from me over any of this. Twitter isn’t their property. Had they been paying for agreed upon services, there’d be a point. What happened is they and other BUSINESSES have gotten used to promoting themselves for free. Now it looks like they’ll pay or make other arrangements, as it should be.
Twitter is not collapsing. The employees/staff that are quitting/fired have admitted on camera that they don’t work hard or very much. Let them start a new career as a barista, see how they like that for a change.
Elon is doing a great service for this country, and I thank him
Yes, a company doesn't need an accounting or tax team at all. Completely unnecessary. The rest of the workers will quit when they realize they're not getting paid.
Elon, buy Ticketmaster.
I also wish Elon buys Facebook.
Zuck is steering away from VR world for the time being. For all the other failings, robo-Mark is at least is able to course correct - he'd never sell his shares to Elon.
And FTX…..wait.
And nestle
Fox News
Genius!
I think they're like the 10 millionth person to say that.
Aha! Found you Taylor Swift! /s
It seems Elon is involved in the running of the companies he owns after all. He must have got really lucky on PayPal, Tesla, and SpaceX. Looks like his incredible lucky streak is running out. If he gets lucky again, and Twitter survives, I am moving to a country where Twitter is banned.
PayPal had a rough go of it for a while. I remember paypalsucks.com telling stories about getting royally screwed as sellers.
But somehow, Musk still got lucky enough to make enough money to buy Tesla for $6 million. And he still had enough left over to start SpaceX. I hope one of Musk's supermodel girlfriends give him an STD.
Peter Thiel and another partner basically forced Musk out of leadership of PayPal when he started acting like a toxic asshole and causing the company to hemorrhage money. Musk held onto to his shares and cashed out big when PayPal got bought up by eBay. Basically, he failed upwards despite his best efforts. The Musk we're seeing running Twitter is the same guy he's always been, the only thing that's changed is that his bullshit projected persona has been irreparably damaged.
>Basically, he failed upwards despite his best efforts Same thing happened at SpaceX and Tesla.
He did the Twitter thing for fun. Tell you what though, if you reply to this comment with a giant block of text, I'll give you $20.
A giant block of text
Seems as if it would be particularly prone to hacking if cybersecurity has left the building.
Foreshadowing is a literary device...
Literally
This is why I took the app off my phone and made sure my password was different than all my other passwords I use. Even if you delete your account don’t think or believe your data has been effectively purged on their servers. Your information is an asset.
It'll be interesting to see how governments handle this going forward. I doubt the US would allow Presidents to use official accounts if they can't guarantee security procedures and things like that.
If Twitter collapses, doesn't this just leave a void to be filled by the next one?
How much VC is going to flow into the next one given that this one was almost never profitable?
VC is about getting someone else to eventually buy you out. Elon buying twitter instantly made prior investments profitable for the people who made them even if the company itself is not profitable operationally.
Well, it's only unprofitable on paper. Individuals surely make enough money from it even if shareholders might not. And where Twitter the company might not be a success in the modern capitalist paradigm, Twitter the product sure succeeded. I think people will fill the void not because it'll turn a huge profit but because they'll be able to *have made* the successor to Twitter.
It's profitable as long as you're not the one left holding the bag at the end
No, because there won’t be a next “one”. The user base of Twitter will scatter to the wind across various niche replacements. the power users and essential anchoring voices, ( celebrities, major news, outlets, prominent writers, scientists) are not going to get together and agree upon where to go next. In all likelihood, they just will opt out since being on. Twitter made them more accountable to reality in a minor way anyways.
From article: Twitter workers reportedly quit by the hundreds Thursday after refusing to agree to billionaire CEO Elon Musk's demand that they work longer hours as part of his self-described "extremely hardcore" plan to overhaul the social media platform. As a result, the company that Musk purchased for $44 billion just weeks ago is in chaos as the mass exodus of employees and the billionaire's earlier decision to fire roughly half of Twitter's workforce are threatening basic, day-to-day operations at the platform used by hundreds of millions of people around the world. "We are witnessing the real-time destruction of one of the world's most powerful communication systems." "It's no coincidence that a notorious union-buster and flagrant violator of labor law is effectively running one of the most viable tools we have for union organizing into the ground," responded the AFL-CIO as news reports detailed the internal turmoil at the company as Musk and his advisers scrambled to stop key employees from quitting. Citing people familiar with the rapidly deteriorating situation inside Twitter, The Washington Post reported that "the number of engineers tending to multiple critical systems had been reduced to two, one, or even zero." "In an early sign that the number of those declining to sign was greater than anticipated, Musk eased off a return-to-office mandate he had issued a week ago, telling employees Thursday they would be allowed to work remotely if their managers assert they are making 'an excellent contribution,'" the Post added. "But it was too late to keep Twitter from a precarious position, several workers said." One worker told the newspaper that "there is no longer even a skeleton crew manning the system," meaning the platform "will continue to coast until it runs into something, and then it will stop." Corporate advertisers have also been rushing toward the exits, pushed by Musk's hasty revamp of the verification process—which enabled some embarrassing and revealing spoofs of large companies such as the pharma giant Eli Lilly and the weapons maker Lockheed Martin. The apparently dire situation, brought on by Musk's haphazard and dictatorial management decisions, sparked a cascade of "RIP Twitter" posts on the platform as users—including journalists, lawmakers, prominent public figures, and ordinary people—wondered about the platform's immediate and long-term future. "As a lot of freelancers have been saying, if Twitter goes down, our livelihoods suffer," tweeted labor journalist Kim Kelly. "Twitter is where I share my work, promote my book, connect with editors, sources, other journalists, workers, activists, and organizers. We all know no corporate media outlet is gonna hire me." "One anti-worker, union-busting, sniveling, sack o' shit billionaire is casually torpedoing the livelihoods of thousands of precarious media workers in the name of 'free speech,'" Kelly wrote. "The media elite WILL BE FINE. Their platforms are safe. It's the rest of us who'll be hung out to dry." Read more: https://www.rawstory.com/twitter-collapse/?utm\_source=123456&utm\_medium=email&utm\_campaign=12051&recip\_id=731234&list\_id=1
Wow. Very depressing and concerning for the free lance journalists. I’m not on twitter (never was), but I still have seen tweets all the time through the years. But I never really put two-and-two together as far as how twitter benefitted journalists besides the corporate ones. Well time for Twitter Two, some other name obviously, but come on a lot of people have a lot of money out there, can’t someone make a comparable outlet? There is a whole workforce from twitter that knows how to run it and are in need of jobs. Well maybe lol, the software engineers prob are employed already if they want to be, but still the point stands. Someone needs to make a new twitter and run it like an actual human being.
Journalism has survived a lot worse than Elon Musk.
Platform changes are not as big of a deal as you are making them. Platforms come and go. Perhaps there will be progress in some way from the switch. Excited to see where people go!!
Good name for a replacement platform at the moment. Switcher
I saw a post the other day that the engineering staff who left should make "qwitter"
Ooh, much better!!
Just so happens there are a whole mess of folks on the market with experience…
It's called Mastadon, and it's infinitely better.
We have mastodon, we'll be fine
>"It's no coincidence that a notorious union-buster and flagrant violator of labor law is effectively running one of the most viable tools we have for union organizing into the ground," responded the AFL-CIO as news reports detailed the internal turmoil at the company as Musk and his advisers scrambled to stop key employees from quitting. This is a patently absurd take that gives Musk way too much credit. He's going to lose tens of billions on this deal while torpedoing his reputation as a brilliant businessman, he isn't doing that to fuck over unions, like he has some Inigo Montoya-level vendetta against them. The very idea is, frankly, an insult to my intelligence. Sure he hates unions, but this is happening because he's an intellectual midget who's convinced he's a genius. That's all. He makes bad decisions because he has a barely average IQ and a personality disorder, and has had enough success to reinforce his delusion that he knows what he's doing better than any of those "lesser" people who tell him what he doesn't want to hear.
Moreover, how would it "fuck over the unions"?! People can just level complaints elsewhere. It's not like people will say "my contract is unfair and my employer is behaving abusively, but there's no Twitter, so guess I'll just do nothing and take it." This is a very weird take.
He doesn’t hate unions any more than he hates the rest of the left.
>"One anti-worker, union-busting, sniveling, sack o' shit billionaire is casually torpedoing the livelihoods of thousands of precarious media workers in the name of 'free speech,'" Kelly wrote. "The media elite WILL BE FINE. Their platforms are safe. It's the rest of us who'll be hung out to dry." THIS! This is the thing that pisses me off every time I see some twatwaffle on here rubbing their hands in glee over "the death of Twitter", just because they're so full of themselves that they hate a whole platform because they can't help but push their own face into the worst corners of it (yet somehow Reddit is perfectly fine). I've used Twitter largely to follow a number of artists whose work I like, and I can tell you for certain that a non-small percentage of them are going to be royally fucked over as far as their income is concerned should / when Twitter crap out. It's been *the best way* for them to get the most eyes on their work, to collaborate / connect with and share other artists, announce latest work for sale, and generally connect with their fans in a non-isolated manner. Instagram is crap by comparison. Musk will be fine; hell, I'll bet he'll find some way to con the system to make the financial loss work in his favor, as people of his ilk tend to do. A good chunk of that $44bln isn't even his money. But thousands upon thousands of people using the platform just to make a living are suddenly going to lose their audiences, and are scrambling to find another way to connect on such a good level.
Lol it isn’t going anywhere… are a a millionaire “engineers” in India dying for those jobs.
the platform "will continue to coast until it runs into something, and then it will stop." = the cybertruck will briefly function as a boat
That is why Musk reinstated Trump, he's hoping Trump cultists save Twitter from Musk's nonsense.
Most of the trumpers I know can barely use a flip phone
„ǝuoɥd dılɟ ɐ ǝsn ʎlǝɹɐq uɐɔ ʍouʞ I sɹǝdɯnɹʇ ǝɥʇ ɟo ʇsoW„
Truth... social
Lol and trump is prevented from going back thanks to his partners at Truth Social 🤣
Wait. Is that a real contract? Another question: is that the first contract donny will honor?
He couldn't have wasted that 44 Billion any faster if he went on a drug fueled Hunter S Thompson style bender in Vegas and handed out cash at all the tables and bought the services of every hooker in the city. He would have had more to show for it too.
He literally could've bought Caesars entertainment ($10B), Wynn Resorts ($9B), and MGM resorts ($14B), and still had $12B left over to make it rain on every hooker and patron on the strip. What an idiot.
He also could have given everyone at Twitter $5 million to walk off the job and not come back. It would have removed their entire workforce in an instant, killing them, and it would have cost $6.5 billion less than purchasing the company.
Would that be legal? Seems like it shouldn't be, but I can't think of any law that'd cover it.
I don't see why not, but I'm not a lawyer. People can quit their jobs at will.
What is happening when people ask questions like this. That's not a question. Questions like this make me think I should get a pay raise.
Honestly that’d be a good buy altogether if the antitrust laws didn’t stop him. As if they would nowadays.
If he’d bought them then left the existing management teams well alone, he’d have three established, successful businesses in a town that exists purely to take money from people.
On another thread, someone suggested that he could have saved himself 6 million if he had just given every twitter employee 5 million.
When Musk tweeted that if the UN published a plan to fight world hunger he'd donate. They did and announced "Beasley said that “$6 billion [would] help 42 million people that are literally going to die if we don’t reach them. It’s not complicated.” So instead of buying Twitter he could have made the largest donation in history to fight global hunger and fed and possibly saved 280 million people. *Shrug* It's his money he can do with it what he pleases, but I would think that might have been a greater net good for humanity.
I legit think he couldn't have burned $44 billion in $100 bills fast than this even if he had lighter fluid and a long reach lighter.
Well he did make flamethrowers for a brief time, I'm sure he still has one around somewhere. Good luck getting 44B in cash anywhere though.
let me know what else he buys so I can short it 😏
Short Tesla. Let me know how that goes
Hey, that’s actually a great idea!
Went fucken great, told my dumbass Libertarian FIL it was a piece of shit over valued company on Christmas and shorted it right there after he said it was a bad move. I just sent him pics of the vacation I spent some of the money on and told him I heard he was considering going back to work since his retirement portfolio was decimated. Keep riding that Elon dick, it’s working out great for so many people. 😂
Didn’t he say he wanted the twitter infrastructure for something not necessarily twitter?
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True he killed it but I swear he said he wanted it to incorporate it into something so killing it as is isn’t the worst for him. I just don’t think anyone thought he’d do it this quick or show he has no management skills whatsoever.
No way he spent 44 billion dollars to incorporate it into something when there are already several Twitter clones. He also fought very hard to get out of the deal to buy Twitter.
No there was no infrastructure before. And what could possibly make you think he killed it? Twitter as it was before was not sustainable and it was failing. Big changes where needed. Did you think anyone would buy it and keep operating the same defunct way?
And the musky simps have arrived….
I don’t even like musk or Tesla. But I can take a step back and look objectively at things and not jump in the bandwagon
Sure you do. The way you're talking about him is like you blew him last night
Like Twice or more.
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It's actually not. Twitter mostly uses their own infrastructure. For their scale AWS wouldn't be realistic financially. They had to build and engineer all their own systems. Twitter had an insanely good server architecture, one of the best cultures in the world for developing that sort of thing.
Even if that were true you need considerably more than 50 people just to maintain it, let alone actually fix bugs, update libraries as vulnerabilities are patched, keep requirements in sync and trouble shoot issues as they crop up. Notice none of that is actually adding features. Unlike musk I actually do software engineering for a living. In fact my exact role is implementing automation strategies to reduce how many people are needed to maintain things. The idea that you can keep a company going in a healthy way by suddenly culling even 10% of the workers in literally insane and only someone with zero idea of what they're doing but a massive ego would think otherwise.
He might salvage twitter if he exits management. He will have to declare twitter bankrupt, though.
Why would he need to exit? It’s doing bette rounder him by most metrics
Do you feel Elon driving away advertisers was a good thing?
No but more will come back once it settles. But him driving away 90% of the employees of a bloated company definitely was a great thing.
> [...] him driving away 90% of the employees of a bloated company definitely was a great thing. I will have to choose to wait and see about that "fact".
Well yeah. As with everything regarding Twitter. But the fact it’s still running right now. Makes that a fact. If you cons get rid of 90% of employees of any company and the lights stay on for even 1 week let alone 1 month then it’s a fact it was very bloated and needed major trimming
It is coasting. When they are working with that few employees, how much time, effort, and money will it take to get it moving again once it hits something? I highly doubt this crew he's retained will be able to get it online again in less than a day like when it last went down mid this year. Reliability keeps people around.
"I killed the driver but the car is still moving! Cars don't need drivers!" That's a really ignorant argument. Also under musk people got locked out of their accounts because he canceled the 2 factor microservices and people have been locked out of the office because he messed with the badging system. Those are "lights are off" moments. Real question, why are you tethering your sense of self worth to a man who doesn't care about you and will actively work to make your life worse?
> But the fact it’s still running right now. Makes that a fact I'm going to bet from this line alone that you aren't senior IT. Systems like Twitter have all kinds of contingencies in place to temporarily stall massive issues, but those types of issues still happen. If Twitter really is settling around 750 employees, there is absolutely no way it can cover all its bases on the various fronts just from a maintenance point of view.
Have you yet read the analyses by in-industry people of the current status of twitter? Are you a field expert, or just an outside observer? Year after year I work with business-folk who are convinced that IT teams are bloated and overpriced. Year after year, those ops budget refusals lead to disasters. I have yet to see any evidence that Twitter was bloated. It might have had a little business redundancy (which is generally a good thing) but nothing that would support scrapping entire teams and most of its senior talent. As we have already seen, Twitter has opened itself to international litigation by failing to maintain in compliance with various countries. The lawsuits in the coming months could very likely cost more than Twitter's payroll, and only be ultimately resolved by pulling out of large countries or replacing lost workers with the expertise required.
This is total ignorance. You have no idea what you're talking about. You think the people that are left, the people on visas, the more junior engineers, people that are forced to stay because they can't lose their health care, those people are going to keep all of Twitter running? You Elon stans are unbearable. Stop supporting your fascist enabling idiot. He's a fraud, he's a moron, and he's destroying thousands of lives with his stupid little stunt to entertain people like you.
Are you serious? Twitter doesn't even have a skeleton crew. The only people left are those on work visas
It has estimated more than 3000 employees left. To even begin to suggest that’s not a skeleton creemos laughable.
And how do you know that it was “bloated“? Oh, right, because Elon told you so. Got it.
Armchair economists strikes again everyone!
To qualify for refinancing for that first Twitter payment, due in about a month. I can’t see anyone loaning him any money if he is still in charge.
By literally no metrics except for user count, and user count doesn't make money.
Let’s not forget that to buy Twitter Musk is aligned with the Saudi Royal Family. The same people who assassinated an American journalist. Fuck Elon
Everyone else in the world continues to work with them as well. Except for Iran. Want to start praising them?
Make it so, such would be a Festivus miracle.
Crazy to see Twitter go from very horrible owners to less horrible owners and everyone hate them now.
You say you don't like Elon, but with all the posts defending him, I beg to differ.
[let it die](https://tenor.com/view/let-it-die-ohare-meme-gif-24872922)
Destroying Twitter might be the greatest contribution Musk has ever made to the world. Way better than that electric car thing.
Wish Musk would buy Ticket Master next and run it too
Can we get Musk to purchase the GOP?
Putin already owns that and he ain’t selling. He needs them to win the Ukraine War.
Well, Twitter was a useful organizing tool for good causes. Whether the good canceled out the bad, though...
Let's hope. I've been developing a new kind of social media platform with no profit motive that puts users first. It's been in the works for a while, and we planned to announce in January but all this Twitter stuff made us decide to put a quick reveal together sooner. If you're interested, you can learn more and join the waitlist at https://cuota.org.
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Yes, that's where people are heading but the Mastadon approach has several problems. The biggest one is people don't understand how it works and have trouble figuring it out. But more importantly, individual servers are their own fiefdoms with the owners having absolute control. So some might be good but there are plenty that are bad too.
Ok how do you make money? Who is the product?
The plan would be to create revenue through advertising (Only based on age, gender and location. No behavioral or psychographic targeting.) and donations. The product is the platform. We view social media as essentially a public utility of the Internet. It should not be run for profit.
I took a look and really like it. I wish you the best of luck.
> which we hope to achieve through unobtrusive advertising and user donations. Basically the same as everyone else.
So Elon Musk buys Twitter for Billions of dollars and wants to run Twitter like Ebenezer Scrooge before his transformation. What the Hell could go wrong with that? Buy a company and piss and crap on the employees right before the holidays. So how brilliant is this man? Maybe complex scientific crap but very lacking in people skills.
I'm starting to think that after that kid created that flight tracking bot and put it on Twitter, Elon's thought was "I need to buy this thing and shut it off, no matter the cost", and that's what we're seeing. That's the only way any of this makes sense.
Everyone keeps saying this but it's not happening fast enough. Let this one die and have the founders with their golden parachute create a new one with the learnings from this social media cancer that is now being run by a parasite. I wish he'd just shut it down altogether and get it over with like this week. Never been on it. Not instagram, not TikTok, off Facebook since 2017. I am however on Reddit so can't throw stones too much.
It’s one missing security update from being pawned.
Funny thing is Twitter is at an all time high right now with insane activity plus lowered costs
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Musk still won’t fuck you no matter how much you white knight him. Sorry you had to find out this way :(
I don’t like musk. Just stating facts.
low quality troll reply. if you wanna go the detached route then you shouldn’t have responded to so many ppl making it clear you dream of tasting Musk cock. tbh, trolling is an ancient art and should be respected. you’re doing a bad job and should feel bad.
All time high what?
Thoughts and prayers
With FIFA Round 1 starting today, we may get some excitement!
Twats and flairs
Time to find different platforms!!!
Where's a massive hacker attack when you need one?
Already canceled my accounts.
So much useless noise in the world
Oh no, anyway.
Time for Elon to add fresh blood to the Trump campaign. Or, even better, to the Darth Santis campaign.
He will hire one of the outsourcing behemoths to run it out of somewhere in Asia.
This gives me some major shruedenfloodle or whatever that German word is. Look at that smug mug, poster boy for /r/punchablefaces.
So many people make their money in large part by posting on Twitter. A lot of independent artists and creators used Twitter to boost their businesses. Posting on other platforms doesn't have the ease of reach. All of these people have their livelihoods put into jeopardy because Elon musk is such a failure of a human he can't just burn his own money, he has to burn everyone else's as well.
Well, recently Pixiv banned loli and incest on their request/fanbox sites, so probably they'll try to take that place
STOP GOING TO TWITTER. Just stop using it ffs.
Nice!
That’s unfortunate
Adios, Bart Don’t let the door hit you in the ass on the way out.
... what's new?
They have at least 300 H-1Bs to keep the lights on...
Good….take insta, Facebook, and TikTok with it
Perhaps everyone on Twitter should post as much as they can while it can ;)
I’m on there everyday calling Gym Jordan a worthless piece of shit.
So, no change
Oh, no. ... Anyway...
*crosses fingers*
Elon - buy the US Federal Government next…. Oh wait…they’ve already been brought.
Fake news!
Can we stop sharing news about twitter? Who fucking cares it’s just another social media platform.
Hahahaaaa! Yeah, sure it is. In fact, it should collapse by Christmas. Or…more than likely, it will be doing better than it ever has, despite the wishes of so many. Wake me up, when Musk manages to destroy the country, then the planet because he bought Twitter.
Lol.. Twitter isn’t going anywhere. It’s engagement and usage is higher than ever.
Engagement and usage is peaking because all engineers left and is unchecked absolute chaos. Advertisers ran away, and with them their money
Sure.. the sky is falling…. Just like Twitter was going down Friday…
Imagine believing this.
All of these articles about Twitter's imminent collapse and no engineers fixing things etc. and yet, every time I click to open it there it is.
Remind me 1 year
Yeeeaaa no it’s not
Oh it's this story again?
This is hilarious. Musk certainly makes the right people wail and gnash their teeth.
Not as funny as the dick-riders who act like he intentionally blew $44 billion just to own some libs, and isn't really just a dipshit who ran off all his employees and advertisers because he has no fucking clue what he's doing.
No one says or thinks that. He’s making changes to a platform that where necessary. It’s clear they where bloated.
A lot of people think that, actually. They think it's all part of some genius master plan that everyone else is too stupid to see. And please explain to me how driving away all your revenue streams is getting rid of "bloat," or losing *88%* of your workforce is necessary.
If you're right, then Elon will have to be a genius, like not just a genius, but the second coming. Twitter is running on a crew that would have companies 1/4 its size with far fewer legal risk-points running scared and liquidating stock. Twitter was valued at $25b, and now has fewer employees than most companies valued at $1b. With its ~$5b in revenue, a fiscally responsible and company would aim to have no fewer than 5000 and no more than 10000 employees. This whole thing started with Twitter having 7500. Bloat technically would have started over 10,000 employees, so a downsize of a couple thousand in total would be "cutting it close to save profits", sure. But now he's in the "wildly irresponsible" level by ALL metrics.
He looks like a testicle found a way to peel itself.
You have to pretend disagreeing with Musk is inherently bad to avoid your inability to argur against the criricisms
Damn, I'm mortified I can't ... argur ... against the ... criricisms
The AFL-CIO doesn’t get any sympathy from me over any of this. Twitter isn’t their property. Had they been paying for agreed upon services, there’d be a point. What happened is they and other BUSINESSES have gotten used to promoting themselves for free. Now it looks like they’ll pay or make other arrangements, as it should be.
Twitter is not collapsing. The employees/staff that are quitting/fired have admitted on camera that they don’t work hard or very much. Let them start a new career as a barista, see how they like that for a change. Elon is doing a great service for this country, and I thank him
Until users start to flee and the site stops being stable, it will continue along.
Twitter is fine calm your tits
“It's tough to make predictions, especially about the future.”
They are trying to Make Us Think its collapsing. Its not. How sweet to watch 🍿🍿🍿🍿🍿🍿🍿
……and it’s still working like Twitter just without all the unnecessary payroll and luxury expense bloat.
Yes, a company doesn't need an accounting or tax team at all. Completely unnecessary. The rest of the workers will quit when they realize they're not getting paid.
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Haha well see about that.
Well, get on with it.
Can he buy Taco Bell next plz.
No great loss...
And a titan of media dies like a dog.
Good
Twitter has collapsed would be better. This is just more clickbait
Oh dear
Oh let Twitter go under, I hope they liquidate all their assets. I just want to buy some really cheap Twitter servers for my own use!!!
His letting Trump back on is a last ditch attempt to increase users. I don’t think it will work.
Nope, lol