OT: Elon and Twitter

JamesSD
California
Funny that one of the biggest news stories on Reddit hasn't been mentioned here at all, probably because most of you aren't on Twitter and are too old to be Elon Fanboys.

Thoughts? Dude spend $44b on a company he seems to be destroying and making himself look like a tool in the process. Somehow he hasn't dragged down Tesla stock as collateral damage... Yet.

There's talk Twitter may be bankrupt by next year. That's an impressive collapse.

74 comments

Latest

skibum609
2 years ago
Society would be far better without Twitter, Tic Toc, snapchat etc. They serve no valid purpose at all.
Tetradon
2 years ago
I still think Elon's "crazy like a fox." His negotiation for Twitter was full of bombastic statements.

In the end, he could give a shit about 280 characters and $8 a month. He wants to make Twitter the American WeChat (that is, the "everything app.") I'm more interested in what he does there than core Twitter.
Champphilly
2 years ago
May be posted to wrong forum? 🤷‍♂️
Warrior15
2 years ago
I agree with Tetra. The Woke crowd is all up in arms. But who cares about them anymore anyway. Elon knows what he is doing. I may sign up for Twitter just to show support. Anybody know how to tweet ?
Meshuggah
2 years ago
I've been on twitter over a decade. During covid, lots of accounts got banned, for "misinformation" which now is real information. Twitter was far too left the last 5 years, The pendulum now swings and Elon wants a happy medium where people discuss topics and pay $8 for a checkmark. And click ads.
twentyfive
2 years ago
I see Twitter becoming Elon Musk’s 54Billion dollar vanity project, becoming a boat anchor
mike710
2 years ago
I just look at the women that can show more of their body than other platforms and some sports topics. Those haven't been affected so don't notice the difference.

He pissed off the left so naturally most press about him will be negative. I think he'll survive whatever may happen.
Call.Me.Ishmael
2 years ago
Ski said "Society would be far better without Twitter, Tic Toc, snapchat etc. They serve no valid purpose at all."

Except that for a lot of small and mid-size businesses and side gigs (including mine) many of those social media platforms provide much needed revenue from sales, sponsorships, partnerships, etc. Social media provides marketing and customer engagement to a lot of businesses at a cost they can afford.

Also, once you learn how to use use them and filter what you see, they can provide a lot of information that ranges from very interesting to incredibly useful. So, I enjoy it from both a business and entertainment perspective.

I'm neither a fan or foe of Elon. I will say that my business-facing Twitter is performing poorly in the wake of his taking control. I'm also getting exponentially more follows and junk replies from blatant spam accounts. Fortunately, it's a platform that has never figured prominently for me as compared to others.

I still hope that he achieves some degree of stability and effectiveness, for the sake of the users who have more invested in the platform.
Mate27
2 years ago
I’m not old and I never been on twitter, more out of social media fatigue. How does twitter stay relevant going forward with the new competition (Truth via Trump- just kidding) and all other outlets? My stance on staying away from twitter has been justified IME, but to each his own.
motorhead
2 years ago
I am old and never been on Twitter

I once set up an IG because a dancer deleted her Facebook and started using IG. But I don’t see her anymore

I don’t follow the story, only on the fringes, but what I think is ironic is that several years ago all the woke Hollywood progressives drove Tesla’s (Ed Begley Jr for ex) but now that same work crowd is hating on Musk
TheeOSU
2 years ago
' Anybody know how to tweet ?'



eat some cabbage and beans.
mark94
2 years ago
It’s all about Project X. If he can pull that off, Twitter will dominate financial services. The $44B would be a bargain. We’ll see.
mark94
2 years ago
Friedman’s girlfriend has posted about frequent amphetamine usage. That puts this recent TV performance into perspective.

https://twitter.com/WallStreetSilv/statu…
whodey
2 years ago
It isn't like Twitter is the only tech company, or even the only social media company that is making drastic staffing changes right now. While Twitter has cut 3,700 jobs that pales in comparison to Facebook cutting 11,000 jobs and Amazon cutting 10,000 jobs. Sure Twitter is a larger percentage of it's workforce but it isn't like it is the only company struggling and cutting its workforce.

I imagine there will be a lot more layoffs announced in the next few months and next couple of years from a variety of companies. The tech sector is taking a major hit right now but other sectors are going to face the same thing soon. The only bright side is it will finally cool off the housing market and general inflation since so many will lose their jobs. Looking like 2008 all over again.

As for Elon Musk, he has done a lot of great things in advancing the auto industry and helping to pioneer private space tourism. He also puts in way more time and effort into continuing to grow his companies than most CEOs would ever consider. However, he is one of the most self absorbed and narcisistic egomaniacs on earth. His personality ranks right up there with Trump and SJG.
gammanu95
2 years ago
The best thing about Twitter is that porn stars, cam girls, and only fans babes can get as nekkid as they want. To hell with Instagram.
Muddy
2 years ago
I disagree about destroying. Let’s give him a chance. Sometimes you gotta be hardass. Twitter as it was, was a joke
georgmicrodong
2 years ago
I use Twitter for gaming news and porn. That's it.
SanchoRG
2 years ago
Elon" "Microservices? Sounds like bloatware let's get rid of them"
motorhead
2 years ago
I didn’t know girls got naked on Twitter - might have to sign up

I’m still using Facebook as my only social media (other than TUSCL) - they tease with bikini babes but no nudity


I know the young ‘uns laugh at old geezers who still use Facebook but at least I’ve move beyond My Space
georgmicrodong
2 years ago
@motorhead: "I didn’t know girls got naked on Twitter - might have to sign up"

I guess I shouldn't call it "porn", since it's mostly advertisements for onlyfans, fansly, etc., but many of them are explicit.

I've found a few local girls advertising their OF by posting nudes or partial nudes.
shailynn
2 years ago
I have never tweeted but do have an anonymous account to follow sharps in the sport betting world. With all the advertisements and “suggestions” in my feed it gets really cumbersome for me when I want to sub for information, so I usually only use it during March Madness.
twentyfive
2 years ago
Never understood how they could make any money, I don't how advertisers could be interested in such a nutty discombobulated platform.
shailynn
2 years ago
^ well somebody believes in it - for every tweet I see I see 4 advertisements, do I pay attention to any of them? No not really.
twentyfive
2 years ago
^ With the chances of a recession escalating, my guess is a lot of advertisers will be resorting to direct targeted advertising, and unless placement is strictly regulated you will see an exodus of advertisers from these large, mostly unmoderated sites, everyone is afraid of getting linked to a anarchist like Kanye or others like him, and damaging their brand, I don't think Elon is disciplined enough to control the outflows.
Thick-5-Incher
2 years ago
"Dude spend $44b on a company he seems to be destroying and making himself look like a tool in the process. There's talk Twitter may be bankrupt by next year. That's an impressive collapse."

And China Donnie took a $250 million company from Fred and bankrupted it seven or eight times, and is now totally owned by the banks to the tune of $4 billion (that we know of). God knows how much he owes to Putin, but it's gotta be a lot considering how much he sucks his dick in the media.

You can't expect right-wing shitheads like Musk and Trump to do well in business long term. They let their egos and delusions overtake them eventually, and lose all the common sense that true money wizards like Buffett, Gates, and Bezos possess in spades.
Thick-5-Incher
2 years ago
"I guess I shouldn't call it "porn", since it's mostly advertisements for onlyfans, fansly, etc., but many of them are explicit."

The only porn star I follow on Twitter is Emma Hix, and she is always posting explicit photos from her jizz shoots.
Thick-5-Incher
2 years ago
"I'm neither a fan or foe of Elon. I will say that my business-facing Twitter is performing poorly in the wake of his taking control. I'm also getting exponentially more follows and junk replies from blatant spam accounts. Fortunately, it's a platform that has never figured prominently for me as compared to others."

This is payback to all the right wing clowns who think people like Musk and Trump are good at business. Remember all those GM workers at the Lordstown factory who voted for China Don, only to get rewarded with the plant closing permanently in 2019. What about that big Foxconn chip factory in Wisconsin that Beijing Donnie promised his voters would get over 10,000 great jobs? LOL, never even laid a brick.

Q-Anon Donnie = PROMISES MADE, PROMISES BROKEN
Tetradon
2 years ago
^ Go away, Trucidos
Tetradon
2 years ago
Hahaha Musk made his billions marketing those coastal progressive status symbols called Teslas.

Now after he's taken their money, they're butthurt that he turns out never to have been one of them.

And he'll keep taking progressives' cash, not that $8 a month is anything to him, but because it's a show of submission from left celebrities, journalists, and other such freak shows.

It's hilarious!
skibum609
2 years ago
I am not a Musk fan, but the fact that Progressives hate him makes him far more palatable now than before. Twitter was a lying sack of shit progressive site and now its not. Fuckin awesome.
rockie
2 years ago
I've found twitter to be truly useful and entertaining (to me) while watching sporting events, especially NFL Football. I follow every sports reporter of interest to me in any sport (locally and nationally) and their sideline reported tweets for 11 years on twitter have always been more current and informed than the info provided by any broadcast team in the booth. There's always plenty of time during a football game to watch a twitter scroll on a second screen and not wait until half time to know that a player of importance has been ruled out.

The only pragmatic use I get from twitter is during a storm, whereby I follow the local authorities and local news twitter accounts for a sense of what's going on in the 2 or 3 locations of important to me.

As for political opinion, well of course I come here for the real worldly opinion!
Thick-5-Incher
2 years ago
"Musk made his billions marketing those coastal progressive status symbols called Teslas"

Tesla will be the next business that Musk drives into the ground. Losing a $50 billion investment like Twitter is a clear sign he's a born loser like Trump!

Plus, loyal Democrats like Bezos and Gates are still making BILLIONS every year off your rightie dollars.

Rich leftwing guys ALWAYS get the last laugh, assholes! :-)
Tetradon
2 years ago
^ Bad timing, Trucidos. How's top Democrat donor Sam Bankman-Fried doing?

Musk is only the richest man in the world, and you're just another big shit talker on the internet. I'm sure he'll live.
Papi_Chulo
2 years ago
I don’t use social-media – it doesn’t interest me for the most-part – I use TUSCL b/c strip-clubs interest-me. Only social-media that interests me is YouTube (if that is considered social-media) b/c it has a lot of content.

w.r.t. Elon and Twitter – my first-thought it why pay 44-billion if he could start his own platform from scratch (I’d assume it would be much cheaper and he has the branding to make it popular almost instantly).

Perhaps it wasn’t about starting a social-media platform as much as it was taking it away from the hands of leftist-extremists – the left has proven that the only way for their “message to gain transaction” is by shutting-down any contrary-opinions – it has also come-out how social-media platforms, and most of all Twitter, was colluding hand-in-hand w/ the Biden administration to sensor what the Biden administration wanted censored (the government basically doing an end-around the 1st-ammendment).

All Elon has stated is that there would be more-freedom on Twitter w.r.t. what is posted vs it being only-one-sided – yet the lefties lost-it b/c apparently they feel “free speech” is only limited to their personal lefty beliefs – most social media today blocks things that are true if they don’t pass the woke-test; and allow lies if they fit-the-allowed-narrative.
twentyfive
2 years ago
@Papi
Elon is the worlds richest man of course he’s both full of shit and has an ulterior motive, guarantee it’s for his benefit, he’s not a philanthropist yet maybe that’ll come later in his life, right now it’s all about himself.
yahtzee74
2 years ago
As someone who is just a user I haven't noticed any differences other than people saying groomer again and now the left gets fact checked for context on some of their blatant lies.

The reaction to Musk's takeover shows the power of the left from their control of so many corporations, media, and government organizations. The pulling of advertising and the threats from politicians to investigate him as a security risk. He's also an example of how they will vilify anyone who goes against them just like they did with Trump and will do with whoever is the next Republican presidential candidate.

I enjoy the parody accounts on twitter like:
Youth football coaching legend https://twitter.com/3YearLetterman
Award Winning Forensic Diversity&Inclusion Expert https://twitter.com/marinasmigielsk

Papi, you should check out Twitter for people accounts like Libs Of TikTok, Christopher Rufo, Matt Walsh. They do a good job of exposing some crazy leftist shit going on in government, education, and corporations.

One of the funnier things to happen surrounding Musk's takeover was how a couple of guys calling themselves Ligma and Johnson (Lick My Johnson) fooled media into thinking they were fired Twitter employees.
https://notthebee.com/article/journalist…
Icee Loco (asshole)
2 years ago
Watch musk turn Twitter into another friendster 😂😂😂🤡🤡🤡🤡
mark94
2 years ago
I don’t know if Twitter will survive the exodus of employees, but the arrogance of those employees as the leave is amazing. The engineers might land on their feet, but good luck to everyone else who thinks they will land another six figure job where their workday is comprised of an hour of zoom meetings from home.
Tetradon
2 years ago
The usual cast of lefties here gloating that Twitter--the left's means of browbeating and cancelling--is going tits up under new leadership. Gee, it isn't like Meta and Amazon and other big tech companies haven't laid off a shit ton, is it?

How many times do I need to tell you, the 280 character platform isn't what matters. It doesn't take teams of coddled engineers with office nap pods and wine taps to maintain that.

The new game is just starting.
Icee Loco (asshole)
2 years ago
Mark...its not arrogance it's called making a stand. Go back to praising the January 6 isurrectionists.

Tetraplop...You're getting a hard on at the thought of people getting fired and getting worse working conditions. Weirdo
Tetradon
2 years ago
^ Icee, if you followed tech industry news rather than just smoking pot all day to forget what a piece of shit you are, you might have to admit I have a point.

Engineers not getting foosball tables and beer taps aren't coal miners protesting for PPE.
TheeOSU
2 years ago
^

lulz
mark94
2 years ago
“it's called making a stand.”

Here’s how things work in the real world. You get paid for doing things that are useful to your business. And, your boss decides what is useful. If you don’t want to do the things that your boss tells you to do, you should go somewhere else. It happens all the time. It’s normal.

What is not normal is deciding your boss has the wrong political beliefs and publicly criticizing him. Then, expecting to keep your job. That is not “ taking a stand”. It’s being an entitled, immature asshole.
mark94
2 years ago
A good software engineer can be 10 times as productive as a bad software engineer, or even an average one. Elon appears to think Twitter can function with 1,500 employees, instead of 7,500 employees, if they are talented and dedicated. From what I’ve gathered from the people being fired, he might just be right.

If this works, we’re going to see a lot of tech companies getting rid of their foosball tables. And, cutting their workforce in half.
gammanu95
2 years ago
Twitter's biggest failing is that turned into an Orwellian echo chamber full of liberal lies, disinformation, gaslighting, and talking points. That it somehow became a reputable news source while boosting and suppressing posts based upon the prevailing political sentiment of the coders is simply abhorrent. I am glad that Musk has purchased it, and I hope he turns it into something unrecognizable from its current form.

The world is better off without Twitter.
Tetradon
2 years ago
"Here’s how things work in the real world."

If you have a non-dead-end job and an IQ north of 75, you're beyond Icee's reasoning. Of course he sees things in terms of power dynamics; Marxism is a philosophy of failures and excuses.
Dave_Anderson
2 years ago
Real free speech is on Gab. www.Gab.com Give it a try.
Dave_Anderson
2 years ago
Freedom of reach IS freedom of speech. Until we get the eventual federal law forcing all major mainstresm platforms to allow all lawful political and social opinions, as our forefathers expected, there is Gab. Give it a try... www.gab.com
Dave_Anderson
2 years ago
Let's be blunt here, its primarily one NGO known as the ADL that started the mainstreaming of socio-political censorship a long time ago. Other left of center pressure groups and political parties have now adopted the same philosophy because the ADL made it acceptable but it started with the anti-Anerican, anti-freedom ADL. I had my first run in with thlhis organization or its lackeys in high school and then again working for a law firm in my 20's I was privy to some shall we say "not for public consumption" correspondence from this group. They are evil and conniving beyond what any of you could even imagine. That is what Musk, himself half Jewish, is up against.
twentyfive
2 years ago
^ Fight the power Dave Fight the power
LULZ
Cashman1234
2 years ago
This isn’t meant to be a political comment. Musk buying twitter and trying to shake up the employees and culture reminds me of Trump saying he wanted to drain the swamp. It’s easier said than done.

However, the main difference is that Musk is an owner and he can clean house. It’s what’s left over (of the company) that might not be what he wanted.
Thick-5-Incher
2 years ago
"Musk buying twitter and trying to shake up the employees and culture reminds me of Trump saying he wanted to drain the swamp. It’s easier said than done"

Ole Musky bought into the China Donnie propaganda about "I alone can fix it". Dumbo Donnie didn't do anything alone except tank his companies and destroy all faith in American government as we've known it for the past 40 years.

Twitter has been a swirling cesspool for years and nobody can save it. The main problem with social media sites in general is that anyone with enough money can start a competing site that will quickly poach all your customers and there's not a damn thing you can do about it. Remember when MySpace was king of the hill in the late 2000's and they thought they would last forever? A few years later, it was a ghost town because Zuckerberg swooped in with Facebook and nuked them into oblivion.
Tetradon
2 years ago
^ World's richest man and a former president of the US vs serial homophobic troll who keeps getting banned from obscure titty bar website.

Read up on network effects and stop embarrassing yourself, Trucidos aka VH kicks aka Yabba Jabba aka small penis
mark94
2 years ago
There are a couple photos on Twitter. One picture taken of Twitter staff, before Elon, is a room full of hot looking women in their twenties. The other picture, after recent staff reduction, is a room full of nerdy men who look like they bath once a week.

I’ll try to link.

https://twitter.com/TheLaurenChen/status…
skibum609
2 years ago
Dave Anderson - nazi. Zeig Heil bitch.
oscarlomax
2 years ago
Never been a big Twitter user but I understand it's usefulness in business/advertising. I'm not a right wing fanatic or a big left wing extremist. My question as a black man is always, "How does this situation get me closer to freedom?" Just context to my thoughts. Elon Musk reminds us that Twitter is a privately owned forum that the public has taken for granted to some degree, so they get upset. Remember, it's all about financial gain for the owner in the end. Don't get caught up in the Oke-Doke.
SanchoRG
2 years ago
God damn Mark, it took me a few solid seconds to recognize Elon was in the second pic. He needs to get with Bezos and get on a blood boy regiment cause he looks like shit!
twentyfive
2 years ago
Biggest take away from this thread, y'all fools, thinking it's free speech, it's really not, what it actually is, is consequences free speech, there is a difference but none of you recognize the difference. I'll elaborate, plenty of you say shit here anonymously that would get you a punch in the mouth if you actually said the same shit out loud, but y'all so brave here.
rickmacrodong
2 years ago
5 incher, twitter can be saved, your comments seem to be implying twitter won’t do well because Elon Musk is a right winger and thats horrid logic.
mark94
2 years ago
From Fortune magazine:

“ I conclude that criticism of Elon Musk is bizarrely off base, because Musk has overnight changed Twitter’s net (profit) margin from negative 20% to approximately plus 28%, more than Apple or Google.

I am using annualized percentages based on Twitter’s most recent quarterly filings, for the period ending 6/30/22. These documents are freely available at the SEC’s website.”

mark94
2 years ago
“cause he looks like shit!”

That’s what happens when you stay awake for 96 hours, crunching a project. That time working changed Twitter from losing 20% to making 28%. That’s works out to something like $500,000,000 per hour based on saving his $44 Billion investment. That’s worth a bad photo.
mark94
2 years ago
The bad news for the woke crowd is that LOTS of CEOs envy what Musk did and are considering doing something similar.
twentyfive
2 years ago
^That's bullshit, twitter has never returned a legitimate profit in the sixteen years it has been in existence, what you're looking at are hyped figures for advertising revenues, and now that the company is private, the reported figures cannot be trusted.
mark94
2 years ago
The math is real simple. By downsizing from 7,500 ees to 1,500, Twitter is saving around $1 Billion per year from salary, benefits, and office overhead.

Twitter lost $250M in 2021 and $1.2 Billion in 2020. So, moving from loss to profitability with downsizing. The number of Twitter users has increased in recent weeks. After making a big show of leaving, advertisers are coming back. Charging for blue check adds a revenue stream.

But, 25 says this all bullshit, so I guess that settles it. How can you argue with his logic ?
Tetradon
2 years ago
^ Charging for a blue check isn't much of a revenue stream. It's about taking the blue checks down a peg.
Papi_Chulo
2 years ago
Twitter's wokeness:

https://youtu.be/nZpebaZ8qxc
twentyfive
2 years ago
So tell us Mark how many shares of Twitter you own your just repeating the shill lines, the company hasn't turned a profit that's factual, and Elon can stay awake all night cooking the books, BFD, it's still losing money.
JamesSD
2 years ago
I look forward to revisiting this in six to twelve months. My called shot is Twitter will either be bankrupt.
mark94
2 years ago
“how many shares of Twitter you own”

Since Twitter is now private, I’d only own shares if I were Elon Musk. I’m not.

I’m surprised you don’t understand that given your claim to understand Twitters finances.
twentyfive
2 years ago
^ Mark I don't know whether you ate intentionally misleading folks/ or you really are that stupid.
mark94
2 years ago
25 wants everyone to know how smart he is. To prove this, every one of his responses to a factual post is to declare it bullshit or call the poster stupid. He does this because, when he tries to argue the facts, he reveals his ignorance.

It’s called narcissism. An incredibly insecure person who hides this through arrogance and aggression.
twentyfive
2 years ago
^ Wow that's incredible, you seem to have an awful lot invested in Twitter, you take a puff opinion piece in Fortune magazine and construct an entire narrative about Elon, Twitter, and myself, good luck with that Mark, have a nice Thanksgiving, enjoy your holiday.
mark94
2 years ago
That’s the thing with narcissists. They spend their lives insulting people and generally being assholes. Yet, in their minds, they are the enlightened ones. If anyone calls them out for the insults they throw around, they claim to be shocked and offended. It’s a high level of delusion and denial.
twentyfive
2 years ago
^ Like I said Mark have a nice holiday, despite your delusions, I'm sure things aren't as bad as you think.
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