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Forbes article: Twitter is the worst company on the planet

Posted on 1/11/21 at 4:12 pm
Posted by swolverine
Member since Jun 2020
1966 posts
Posted on 1/11/21 at 4:12 pm
LINK

They removed the article, but you can still make out some of the words. The author is disgusted by what Twitter has done and explains how to delete your account.
Posted by Pintail
Member since Nov 2011
10460 posts
Posted on 1/11/21 at 4:16 pm to
quote:

Twitter Is The Worst Company On Planet Earth. Here’s How To Bet Against The Stock—and Deactivate Your Account
Forbes - Jim Collins

It’s rare for a public company to expand this far in the realm of heinous behavior, but Twitter’s actions last week repelled me more than Union Carbide’s Bhopal, Boeing’s repeated failures with the 787 Max, the J&J’s Tylenol scandal and really every other corporate action I’ve seen in my life. For a social media platform to censor a world leader – while giving a voice to hate preachers like Louis Farrakhan’s Ayatollah Khamenei and even OJ Simpson – isn’t just wrong from a freedom standpoint expression, it is in fact a terrible business. So, Twitter has shown little to no sequential growth in its user base lately (details below), but it is still valued as its Big Tech growth brothers. Twitter does not increase, it decreases, when measured against the growth rate of the world economy, and this reduction will accelerate dramatically now that Twitter has offended all American conservatives with his action to ban President Trump. Only fools in Congress and Big Tech apologists would think section 230 of the Communications Decency Act should apply Twitter. It’s an editor, not a platform. Complete stop. So first of all, here’s how to deactivate your Twitter Account. I used this excellent from the Today show last week to kill my account. It took me over half an hour, and making it hard to leave is a classic Tech strategy to strengthen the number of users, but I finally succeeded. It was worth it. I will never use this platform again. But I’m doing stocks, not activism, and even though a new kind of conscious capitalism is my investment strategy for 2021, I still need to make money. Twitter On Monday, stocks plunge 7% on the pre-market and the market will soon realize that this platform will shrink considerably. Even on a good day, Twitter is a cesspool of hate speech, lies (including investment advice), and a “trending” algorithm that appears to have a remarkably consistent left bias. I won’t be the last person to cancel it.
This post was edited on 1/11/21 at 4:18 pm
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 1/11/21 at 4:17 pm to
Wait a minute, didn't Forbes just publish something about blacklisting Trump admin officials?
Posted by Rocco Lampone
Raleigh, NC
Member since Nov 2010
3051 posts
Posted on 1/11/21 at 4:19 pm to
Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 1/11/21 at 4:20 pm to
quote:

It is rare a that a public company stretches so far into the realm of abhorrent behavior, but Twitter's TWTR actions last week revulsed me more than Union Carbide’s Bhopal, Boeing's BA repeated failures with the 787 Max, J&J’s JILL Tylenol scandal and really any other corporate action I have seen in my lifetime.
Posted by Rocco Lampone
Raleigh, NC
Member since Nov 2010
3051 posts
Posted on 1/11/21 at 4:21 pm to
quote:

Even on a good day, Twitter is a cesspool of hate speech, lies (including investment advice) and a “trending" algorithm that seems to have a remarkably consistent left-wing bias. I will not be the last person to cancel it.
Posted by Jjdoc
Cali
Member since Mar 2016
53473 posts
Posted on 1/11/21 at 4:23 pm to
Right behind them is Forbes.
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 1/11/21 at 4:30 pm to
They (twitter) don't care.
Posted by swolverine
Member since Jun 2020
1966 posts
Posted on 1/11/21 at 4:30 pm to
quote:

Article


Posted by Havoc
Member since Nov 2015
28435 posts
Posted on 1/11/21 at 4:30 pm to
quote:

Twitter is a faux-tech outfit with no competitive moat and a customer base filled with—it would seem—idiots. It’s too small to be considered Big Tech, but the media has given it outsized influence.

So true. “Outrage on Twitter over...” media articles lead to a relatively small number of such posts likely including bots.

All part of the social media influence facade.
Posted by Napoleon
Kenna
Member since Dec 2007
69110 posts
Posted on 1/11/21 at 4:38 pm to
He's right and we should join y'all in condemning Twitter. This is a bad precedent.
Posted by MOT
Member since Jul 2006
27862 posts
Posted on 1/11/21 at 4:42 pm to
quote:

Also, what are your opinions on the 230 allowance?

That poster will think 230 allowance refers to some kind of proposed stimulus payment fwiw.
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4473 posts
Posted on 1/11/21 at 4:42 pm to
quote:

BossBailey345


Apparently you cannot defend or backup what you posted. You show currently online, and have had 5 replies to your post. Some of them asking questions which could be pertinent to a conversation.. yet you haven't responded. Not surprised.

Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51432 posts
Posted on 1/11/21 at 4:43 pm to
Thats what he said. He cited specific bad actors on Twitter allowed to run wild while Trump is banned
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
22943 posts
Posted on 1/11/21 at 4:44 pm to
quote:

It’s rare for a public company to expand this far in the realm of heinous behavior,


Forbes just did the same thing.
This post was edited on 1/11/21 at 5:13 pm
Posted by teke184
Zachary, LA
Member since Jan 2007
95789 posts
Posted on 1/11/21 at 5:10 pm to
Twitter has managed to supplant Comcast, EA, and Activision for shitty business practices.
Posted by SeaBass23
VA
Member since Jul 2019
1587 posts
Posted on 1/11/21 at 5:26 pm to
How soon does the authors wiki page read “ Jim Collins, former Forbes columnist “
Posted by Cracker
in a box
Member since Nov 2009
17718 posts
Posted on 1/11/21 at 5:29 pm to
It’s like a store
Twitter
Is this the demographic that you want to SPEND MONEY In your store? Oh wait it’s free.....they don’t have nor spend money
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64059 posts
Posted on 1/11/21 at 5:30 pm to
quote:

They (twitter) don't care


They will.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15732 posts
Posted on 1/11/21 at 5:57 pm to
Twitter enabled global mobs.
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