these kind of shenanigans make me weary of telsas. there’s no way elon’s antics are contained only in twitter. he has to be cutting corners and making awful grease-fire decisions there, too.
Hahahaha!!🤣🤣 This can’t be real!! Is it?
lmao thank you for this. they could have 3d printed these parts for just as much…
Is that article satire? Or are they actually acting like this will be a sought after collectors piece for the future Musk museum?
Not saying you’re wrong, but Tesla has entire teams of people devoted to managing Elon. Twitter was never structured like that, so the company was directly exposed to his every whim.
lmao xD imagine several people managing their tyrannical boss to stave off his company-obliterating wishes at any given moment. i salute you
Sir Elon, remember how you get after your dopamine dump!
This is probably the only reason I dont have a Tesla right now.
Teslas have their own story of shitty build quality and broken promises. He is cutting corners like crazy in PREMIUM models.
Also Space X just blowed up a launchpad. For no real reason.
Elon’s disregard for the consequences of his actions is not contained in any of his enterprises.
Elon’s disregard for the consequences of his actions is not contained in any of his enterprises.
poetry 💙 thank you
If you listen to podcasts, the two recent episodes of “Behind the Bastards” are pretty enlightening on this nonsense.
ty for this rec, i’ll have to indulge 💙
Twitter just like me. I had a trial for $300 and Google let it auto renew without charging me then tried to come back 6 months later saying I owe them money when my card was expired. They sent it to collections but cannot verify the debt. GG
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I don’t think that there’s any conspiracy or ill intent there.
It’s just that the tech bubble is exploding and investors are running out of money - or rather are running out of willing to spend money for these social media platforms.
So they go public or get bought by some ultra rich people.
There’s also the issue that as communities grow to insanely bit proportions, the operating costs also grow exponentially. Server costs of course, but then you also need to start investing in teams of lawyers, support, community managers, dedicated DevOps and developers… all of that while the community loses its sense of being part of a “little village” and get less inclined to financially help foot the bill.
These social media services have pretty much committed suicide - or egocide rather because I don’t believe that they will go anywhere. They’ll stay afloat without issues, but they’ve lost their souls a long time ago. They’re working for money now, and not for their community or users anymore.
And they cannot go back either, because the operating costs don’t just go down by themselves, so they need to act greedy in order to survive. There’s nothing the Reddit or Twitter leadership could do to stop that now. It’s a one-way byproduct of uncontrolled growth.
The right “moral choice” for these leaders would probably be to just let their platform slowly die while alternatives emerge - but that’s a very painful thing to do when you invested 20+ years of your life into it. Dorsey managed to do it for example, which is impressive and quite commendable.
I’ll add that it’s unlikely that the Fediverse will suffer from the same fate, because… there’s no management. There’s an “agreed upon” structure but everyone can do their own thing and that’s what’s beautiful about it. It cannot “lose its soul” because as a contract/protocol, the “soul” of the Fediverse is the only thing that makes it exist. It might splinter, it might evolve into different “universes”, but it will never die.
It’s pretty much a re-creation of how the 2000’s internet worked. Which had its problems, yeah, but which was also a very resilient and independent place.
The fediverse has now come to my rescue twice now. Mastodon and now Lemmy. All hale the new social king.
Deeply funny stuff. Keep it coming Elon, you’ll burn your site to the ground yet!
Everyone shits on the guy, but hey, he’s living the dream of making a billionaire go broke while also destroying one of the hell pits on the internet.
This will surely end well.
I don’t know how Twitter didn’t fail yet. Let’s hope it will soon.
Apparently the threshold in the US before courts can appoint a liquidator to take over a corporation following an involuntary bankruptcy petition is debts (with no bona fide dispute about them) totaling US$10,000 or more above the securities the creditors hold.
If there is any truth to all this discussion of Elon Musk arranging that Twitter’s debts for rent, cloud services, etc… not be paid, surely it is only a matter of time before creditors file such a petition, and he loses control of Twitter.
You may have mixed up you terminology here. Bankruptcy is something that is filed by a debtor to get protection from creditors. That is, the entity that borrowed is seeking relief from the contract that binds them to repay lenders.
Since Musk’s acquisition, Twitter has cut costs dramatically and laid off thousands of employees. Musk ordered the company to cut infrastructure costs, such as spending on cloud services, by $1 billion, a source had told Reuters in November.
Can Elon keep Twitter afloat with all the money it’s been losing?
I don’t see how. It’s possible to block most ads you see on the platform and there aren’t enough companies advertising to replace them so you end up with a mostly ad-free feed.
The point is to kill Twitter. Elon Musk is beholden to the Saudis with his investment. They used Twitter tracking to find and kill Jamal Khashoggi. What you see happening to Twitter is entirely on purpose, so it can’t be used to stir up uprisings again like the Arab Spring in Egypt, or the organization of Hong Kong protesters.
I see sunshine and blue skies ahead.
I can’t wait for the “find out” phase to catch up with Elon Musk. He’s one of those guys that constantly seems to avoid consequences.
Musk ordered the company to cut infrastructure costs, such as spending on cloud services, by $1 billion, a source had told Reuters in November.
At some point all these numbers seem like magic space money. Not that that’s what they spend, but that’s what they could reasonably (for whoever’s definition thereof) cut?
Sometimes there are inefficiencies. Sometimes you can cut features. But it’s a process that takes time, and has repercussions, and limits. The 1$ Billion mark could come from extensive evaluation of the current infrastructure, but it comes from Elon’s vibes and massive incurred debt from the leveraged acquisition.
Elon thinks that he can use office space and not pay for it. He is delusional. And he knows less about cloud services and code than he knows about leases.
Twitter is still online because providers can’t believe THE AUDACITY, and are hopping they will get paid. Let’s see how long they can justify the hole in the books and keep subsidizing Musk’s House of Hate Speech.
Shut it down! Shut it down!
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This implosion is hilarious
It has been very entertaining so far
Now will Google look the other way because of Twitter’s pull like they do with YouTube’s drain or will this lead to further disruption between the two companies?
YouTube is part of Google (Alphabet if you want to use the legal name). It’s a much different decision when an unrelated company is using a lot of your resources and not paying for them.
Everytime I think it’s done it just gets worse lol
