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re: Twitter Purge continues, Offices Locked Down Until Monday?

Posted on 11/17/22 at 9:01 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40212 posts
Posted on 11/17/22 at 9:01 pm to
quote:

The IMDB comment section for 40 Year Old Virgin was seriously a social media site for incels / MGTOW before those things were well-known. Then one day IMDB just nuked their comment feature altogether.



Easily the saddest and funniest thing I've read all day.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465465 posts
Posted on 11/17/22 at 9:02 pm to
If that's fake, it's a great example of how everything has turned so venomous against Elon simply for buying their beloved Twitter. If this becomes a case study in anything, it's going to be how toxic employees can tank a M/A scenario.
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92878 posts
Posted on 11/17/22 at 9:05 pm to
quote:

You realize Twitter generates hundreds of millions of dollars of revenue a year? Their finance department needs hundreds of people alone.


You're only a little off here...

quote:

Their finance department needs hundreds of people alone.


Needs? No. Outsourcing, brotha!

quote:

Combine that with attorneys solely doing customer contracts and litigation and their legal department needs to be several hundred people at a minimum.


Needs? No. Law firms, brotha!

quote:

Utterly wild to realize there are people who think you can run a $44 billion company with 100 people.



Don't disagree.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 11/17/22 at 9:07 pm to
quote:

If that's fake, it's a great example of how everything has turned so venomous against Elon simply for buying their beloved Twitter. If this becomes a case study in anything, it's going to be how toxic employees can tank a M/A scenario.



With Tesla alone he was a liberal tree hugger hero.

Now he's an a-hole.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179246 posts
Posted on 11/17/22 at 9:07 pm to
quote:

I'm gonna guess, that when billionaires spend billions on things - they have plans, as they generally didn't get to their lot in life by moving haphazardly.



What most people don't understand is that people on Elon's level literally think years into the future. It's what separates billionaires, millionaires, and the rest. A moderately successful person is maybe thinking months ahead. Elon, Bezos, etc have plans well past that and are constantly working towards that. Twitter is the first step in "X" for Elon as I mentioned earlier.

He has been talking about X for a while now and is one of the reasons he likes Dogecoin so much. He saw how fast Dogecoin was, how cheap it was to use, and despite being a meme coin, he saw the potential in it to fit within the app.
Posted by crazy4lsu
Member since May 2005
39157 posts
Posted on 11/17/22 at 9:07 pm to
It's probably too early to suggest this is a case study in anything at the moment. I still think the central conundrum of social media is that it is a advertising space that also serves to aggregate news. Monetizing that to any degree through charging users is going to be difficult, because unlike newspapers, which similarly served as advertising spaces with news, the people producing the content are also the end-users. The space is already democratized, and thus monetizing it outside of advertising is something no social media platform has been able to solve.
Posted by Narbona
Member since May 2022
169 posts
Posted on 11/17/22 at 9:07 pm to
quote:

Alex Cohen
@anothercohen
I was laid off from Twitter this afternoon. I was in charge of managing badge access to Twitter offices.

Elon just called me and asked if I could come back to help them regain access to HQ as they shut off all badges and accidentally locked themselves out.


I am pretty sure that dude is a parody account.



Posted by uptiger1997
Member since Sep 2022
209 posts
Posted on 11/17/22 at 9:08 pm to
seems like he never got a degree and the degree he says he got doesn't even exist there.
https://twitter.com/capitolhunters/status/1593307641870225411


So let’s walk through the evidence on his degrees carefully: 1) evidence from lawsuits (subpoenas and depositions), 2) Elon’s coursework, 3) statements from Penn, 4) false statements to his biographer. 19/

1 - Lawsuits. Here’s the story of how we have Elon’s diplomas. In 1995, Elon interviewed at a startup, then ghosted them, started Global Link instead. The owner sued, alleging Elon swiped his business plan. The case hinged on deception, since borrowing ideas is legal. 20/

To get the interview, Elon said he was a Stanford PhD student, with degrees in Computational Physics & Finance. The plaintiff called that fraud & subpoenaed Penn. It seems Elon was indeed given two diplomas, but only in 1997, and the 2nd one has no department. 21/

Note that pulling strings at Penn’s Wharton School is not that big a scandal. Credentialing unstudious elites is part of Wharton’s game: Trump & Trump Jr are grads too. But Penn Physics is small, just a handful of graduates, and holding their reputation requires standards. 22/

Elon had to sit for a deposition as part of the 2007 lawsuit. He was grilled about saying “Computational Physics”, which doesn’t exist at Penn. When asked about the blank diploma, he evaded. Elon’s been talking his way out of situations for a long time. He won the suit. 23/

In 2009, ousted Tesla Motors founder Martin Eberhard also sued, & again attacked Elon’s Physics degree claim. Eberhard reused material from the earlier suit, and added lies found in official SEC filings. This time it seems it was successful, since Elon settled out of court. 24/

2 - Coursework. We know Elon did try Physics, but was academically behind. That’s clear from homework he posted: he’s a 3rd-year in 2nd-year Mechanics. It’s a red flag for someone who skips a lot of class. Some prodigies can ace tests without classes - but they aren’t behind. 25/

3 - Penn statements: Penn’s Wharton School regularly claims Elon, world’s richest man, as an alumnus, but the Physics Dept. seems never to have done so. In their congrats to 1997 graduates, there’s no Elon. 26/

Penn Arts & Sciences (which includes Physics), HAS called Elon a Physics alum, in one context: a bio for the “Elon Musk Public Lecture, made possible through a generous endowment gifted to the Center for Particle Cosmology in 2009”. Gifted the year of Elon’s deposition. 27/

3 - False statements to his biographer. In 2015, Ashlee Vance put out a gushing bio of Elon. At some point he noticed that Elon’s degrees came 2 years late and asked about it, but then just accepted Elon’s strange answers, & shoved them in an appendix. They don’t hold up. 28/



Elon explained his delayed diplomas by saying he had a minor problem at Penn: he hadn’t fulfilled his Language and History requirements, and when those were later dropped he got the degrees. But Penn has not dropped its Language and History requirements. 29/



Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 11/17/22 at 9:10 pm to
quote:

uptiger1997


You're so mad.
Posted by BobABooey
Parts Unknown
Member since Oct 2004
15915 posts
Posted on 11/17/22 at 9:10 pm to
quote:

it's going to be how toxic employees can tank a M/A scenario.

And this only involves one company. Imagine being elected President and almost every federal agency is full of toxic employees who have it in for you. That includes the intel community and law enforcement.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465465 posts
Posted on 11/17/22 at 9:10 pm to
quote:

The space is already democratized, and thus monetizing it outside of advertising is something no social media platform has been able to solve.

No Facebook and Google figured out how to turn user data into dollars, but (a) that plays into the advertising angle and (b) EVERYONE has their own app now to get user data directly. Nobody is buying it anymore like they were.
Posted by ChiSaint
Silicon Valley, CA
Member since Feb 2008
374 posts
Posted on 11/17/22 at 9:12 pm to
quote:

No. Law firms, brotha!


Do you know how much law firms cost? Paying in house counsel is always cheaper than hiring outside counsel (no matter how much you are paying your in-house lawyers). I say this as someone who has worked at a large law firm and in-house at multiple multi billion companies. So perhaps you don’t need to have these employees, but it’s a lot cheaper if you do.

Also, Twitter generated $5 billion in revenue in 2021. So I was off…they probably need a much bigger finance department.

Posted by msutiger
Houston
Member since Jul 2008
71376 posts
Posted on 11/17/22 at 9:12 pm to
(no message)
This post was edited on 4/15/23 at 8:11 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
179246 posts
Posted on 11/17/22 at 9:12 pm to
quote:

With Tesla alone he was a liberal tree hugger hero.

Now he's an a-hole.



GD, I hate agreeing with you on anything but the flip against Elon truly is amazing.

All he did was say that the left moved too far left and that Twitter should be a space for free speech.
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92878 posts
Posted on 11/17/22 at 9:13 pm to
quote:

No Facebook and Google figured out how to turn user data into dollars, but (a) that plays into the advertising angle and (b) EVERYONE has their own app now to get user data directly. Nobody is buying it anymore like they were.


Well, Apple fricked Facebook in the ear back in February with the privacy change. That said, Apple is building their own DSP, so if anyone thinks Apple was being consumer-centric with the move is wrong.

Posted by stout
Porte du Lafitte
Member since Sep 2006
179246 posts
Posted on 11/17/22 at 9:14 pm to
quote:

Also, Twitter generated $5 billion in revenue in 2021. So I was off…they probably need a much bigger finance department.



I am pretty confident that the guy that currently understands staffing levels needed for his other dozen companies can figure out what he needs to run Twitter.

Why are you harping on this? It's a silly hill to die on considering his other successes.
This post was edited on 11/17/22 at 9:16 pm
Posted by CrimsonFever
Gump Hard or Go Home
Member since Jul 2012
18086 posts
Posted on 11/17/22 at 9:15 pm to
quote:

What was your alter while you were banned?



BamaCuck
Posted by RummelTiger
Official TD Sauces Club Member
Member since Aug 2004
92878 posts
Posted on 11/17/22 at 9:15 pm to
quote:

Do you know how much law firms cost?


Maybe.

quote:

Paying in house counsel is always cheaper than hiring outside counsel (no matter how much you are paying your in-house lawyers). I say this as someone who has worked at a large law firm and in-house at multiple multi billion companies. So perhaps you don’t need to have these employees, but it’s a lot cheaper if you do.



It's a mix of both. You certainly don't need a bloated in-house legal team, as it seemed Twitter had. It seemed they were bloated in a lot of places.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76153 posts
Posted on 11/17/22 at 9:15 pm to
Apple is collecting tons of data, they will share it when it benefits them.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40212 posts
Posted on 11/17/22 at 9:15 pm to
quote:

Social media advertising as a main source of revenue is dying and there is no treatment.

Apples ATT is a terminal illness for Facebook, Twitter and others. You have to find a way to generate revenue outside of that.

That will take time.


So why pay 44 bil for it? Sounds like its true value is significantly less.
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