Elon Musk Buys Twitter

[Edge-]

everyone in this thread is so mad lol

*jokes and mocks Elon for making a dumb purchase and dealing with the consequences*

"WHY ARE YOU ALL SO MAD LOL"

Y'all are like Elon, apparently thinking that simply confidently projecting your fictional reality makes it real. Nobody in this thread is mad lol.

[Paranoid Android]

everyone in this thread is so mad lol, yall know you dont have to use twitter right? time to find a new echo chamber lol, reddit is pretty left wing go there

You know you don't have to reply in this thread. See how that works.

Hmm, echo chamber, huh? Wasn't it right wingers crying about so called Twitter bias and has a couple of Twitter clones where it's their bubble.

I get it, you probably don't pay attention, but the problem here is posting a conspiracy theory about a deadly assault.

[Endus]

everyone in this thread is so mad lol, yall know you dont have to use twitter right? time to find a new echo chamber lol, reddit is pretty left wing go there

Literally don't use Twitter, and I'm not "angry", my attitude is full-on "get a load of THIS silly-ass stupid dingus".

[Edge-]

https://www.bbc.com/news/technology-63458380

And the board is gone. He'll have nobody to blame for his poor decisions from hereon out except for himself.

I'm sure he'll continue to complain about bots and all as if he didn't voluntarily waive his due diligence when signing the deal, but it won't make a lick of difference as it comes to the terms of the deal. Again, he waved that right, so if Twitter wasn't entirely honest about how bad their bot problem actually is that's his fault.

[Poopymonster]

NEW: Twitter is planning to start charging $20 a month for verification. It’s Elon Musk’s first big project.

Oh, and the team building it was told they will all be fired if they don’t meet a launch deadline of November 7th.

This seems really idiotic in a way with quick glance. First I heard it was $5/month but now $20. Wow! The blue mark was somewhat of a status symbol in never really got it. If we are talking about verified news, perhaps businesses and some people it was nice but not the end all be all for me.

So seems very much as a nickel and dime way to generate revenue.

Oh the "digital town square" I guess now comes with a membership fee.

Found a good thread on it.

2/ $20 a month is not a trivial amount of money. There's a world of difference between $4.99 and $19.99 that isn't captured by the 4x multiple. Lots of people can spend $5 a month and not think about it. Everybody thinks about $20. It goes beyond the precise dollar amount.

4/ When you're selling a subscription without strong transactional benefits you're relying heavily on affinity. Twitter didn't have a lot of that kind of affinity pre-Musk. Even less afterwards. Having a Blue Check will cease to mean whatever vague sense of being a real person.

<.<
>.>

Ya know, fuck it. I'ma blue check mark myself as DonaldTrump45.

[Edge-]

<.<
>.>

Ya know, fuck it. I'ma blue check mark myself as DonaldTrump45.

Elon thinks that a blue checkmark is of more value than a fuckin sub to WoW, lol. You at least get a whole-ass game to play for the sub.

The $20/month gets you uh...a blue checkmark that otherwise doesn't alter or impact your experience as a Twitter user. This is why he got that fancy marketing degree, isn't it. For galaxy-brain plays like this.

[Jotaux]

https://www.businessinsider.com/elon...report-2022-10

Elon Musk needs better lawyers. They let him get duped into buying twitter for way more than its valued. Now he's claiming he fired those employees with cause to avoid severance. I'm not sure about US employment laws but generally if they had good performance reviews or no performance reviews prior to the purchase its going to be hard to prove cause. Wouldn't his tweets between himself and twitter employees be used to show there was a personal vendetta?

Edit: There are already law firms in canada with articles about Twitter Canada Layoffs and Severance Pay.

[Edge-]

https://www.businessinsider.com/elon...report-2022-10

Elon Musk needs better lawyers. They let him get duped into buying twitter for way more than its valued. Now he's claiming he fired those employees with cause to avoid severance. I'm not sure about US employment laws but generally if they had good performance reviews or no performance reviews prior to the purchase its going to be hard to prove cause. Wouldn't his tweets between himself and twitter employees be used to show there was a personal vendetta?

Labor laws don't apply to billionaires.

Now mind you I don't much care for executives not getting their golden parachutes after a mercurial billionaire made a bad gamble and bought the company. But laws is laws, and I look forward to them suing the shit outta Elon to require him to show what cause they were fired for in court.

[Rasulis]

https://www.businessinsider.com/elon...report-2022-10

Elon Musk needs better lawyers. They let him get duped into buying twitter for way more than its valued. Now he's claiming he fired those employees with cause to avoid severance. I'm not sure about US employment laws but generally if they had good performance reviews or no performance reviews prior to the purchase its going to be hard to prove cause. Wouldn't his tweets between himself and twitter employees be used to show there was a personal vendetta?

Edit: There are already law firms in canada with articles about Twitter Canada Layoffs and Severance Pay.

He is not firing a bunch of McDonald employees. Typical tech employment contract requires 30- to 90-day notice of termination which applies to both parties. Except for "just causes" which are usually also listed in the agreement. Not wanting to pay vested equity and/or golden parachute clause are typically not on the list.

[Gabriel]

Elon, you goddamn sperg, you were supposed to get us to Mars and not get bogged down doing side quests.

[Cosmic Janitor]

This is just epic. This is like seeing a train wreck in 8k with 1mio FPS. I wonder if this will finally force a reality check on the tesla stock and its several times overinflated value?

[Endus]

https://www.businessinsider.com/elon...report-2022-10

Elon Musk needs better lawyers. They let him get duped into buying twitter for way more than its valued. Now he's claiming he fired those employees with cause to avoid severance. I'm not sure about US employment laws but generally if they had good performance reviews or no performance reviews prior to the purchase its going to be hard to prove cause. Wouldn't his tweets between himself and twitter employees be used to show there was a personal vendetta?

Edit: There are already law firms in canada with articles about Twitter Canada Layoffs and Severance Pay.

"With cause" firings generally require you the employer to be able to point to their employment contract and identify precisely what expectations they failed to meet properly, or to what general ethical failings they failed to uphold.

Elon disagreeing with the guidance from the previous board of directors as to what they should be pursuing wouldn't qualify as "cause".

[The Stormbringer]

"With cause" firings generally require you the employer to be able to point to their employment contract and identify precisely what expectations they failed to meet properly, or to what general ethical failings they failed to uphold.

Elon disagreeing with the guidance from the previous board of directors as to what they should be pursuing wouldn't qualify as "cause".

Yeah, there's no way he had enough time to identify big enough problems to fire that many people. It's all just bullshit, sigh.

[Forogil]

Not so slowly; it's parent company has lost about $650 billion (yes with a "b") since the Meta name change:. https://globalnews.ca/news/9233468/m...-market-value/

For comparison Tesla has only lost about $300 billion after Musk began buying Twitter - so far.

[Jotaux]

"With cause" firings generally require you the employer to be able to point to their employment contract and identify precisely what expectations they failed to meet properly, or to what general ethical failings they failed to uphold.

Elon disagreeing with the guidance from the previous board of directors as to what they should be pursuing wouldn't qualify as "cause".

Which is why I'm saying he needs better lawyers. Or maybe he is just ignoring the advice he's getting?

[Edge-]

Which is why I'm saying he needs better lawyers. Or maybe he is just ignoring the advice he's getting?

This assumes he consulted any lawyers before strolling into Twitter with a sink because he's now the big boss and can do what he wants, lol.

[Draco-Onis]

Which is why I'm saying he needs better lawyers. Or maybe he is just ignoring the advice he's getting?

Haven't you learned anything from Donald Trump? it doesn't matter how good your lawyers are when your client doesn't listen. Elon Musk has the best lawyers and advisers money can buy but his ego is in the driver seat. This is what happens when you drink your own kool-aid.

[Paranoid Android]

Author Stephen King chimes in on him paying a fee for Twitter check mark/verification.

$20 a month to keep my blue check? Fuck that, they should pay me. If that gets instituted, I’m gone like Enron.

Then we have the great Elon Musk reply:

We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about $8?

Hmm? Let's check that letter posted once more time Elon posted to advertisers.





Right here Elon is claiming he purchased Twitter for some virtuous ide of a "digital town square". Laughably saying media is bad cause they believe that's what brings in the money. I can agree here about media and for profit or money over news.

So he didn't realize that maybe that was the problem with Twitter before you bought it. First Twitter as many have stated was almost impossible to generate profit or say break even. If Elon want to nickel and dime people with verification fee and whatever else than he by his own statement is not creating a place where people can gather for a digital town square.

This guy is an effin idiiot.

Edit: After reading Elon's timeline I might be way wrong on this. His stans and whoever might be dumb enough to pay the fee giving him millions in fees.

[Begrudge]

You know you don't have to reply in this thread. See how that works.

Hmm, echo chamber, huh? Wasn't it right wingers crying about so called Twitter bias and has a couple of Twitter clones where it's their bubble.

I get it, you probably don't pay attention, but the problem here is posting a conspiracy theory about a deadly assault.

yes its a left wing echo chamber, just like every platform is an echo chamber for some political ideology, good job you figured out social media, each one is a think tank for political conspiracy

[Edge-]

yes its a left wing echo chamber, just like every platform is an echo chamber for some political ideology

In which you mistake "for-profit companies pursuing policies that maximize their revenue" with "the left". People really don't seem to understand capitalism.

Same shit with Republicans trying to stop companies from investing their money how they want and pursuing ESG focused investment strategies. Because they don't like capitalism either, even if they constantly wax poetic on their love for capitalism.

each one is a think tank for political conspiracy

No, actually. Only the "Free Speech" platforms. You know, the ones created by low-skill, low-effort grifters that nobody uses and that don't make money because advertisers don't want to spend money on a platform where their advertisements are displayed alongside posts from Nazi's and shit.