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How long do you think Elon Musk will shut down Twitter or sell it?

During Twitter's 15+ years of history, it has posted a net loss every year except 2018 and 2019. Elon Musk is a shrewd businessman, he will not waste money on a business venture which doesn't make money for him, he has little to no patience for another 10 years to see thing turning around, so if the business doesn't get any better soon, he will kill it, or most likely sell it to recoup some loss.

by Anonymousreply 113December 6, 2022 6:30 PM

"During Twitter's 15+ years of history, it has posted a net loss every year except 2018 and 2019"

Why does a shrewd businessperson purchase a failing business

by Anonymousreply 1November 20, 2022 9:58 PM

Only a fucking idiot would do that r1.

by Anonymousreply 2November 20, 2022 9:59 PM

"When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it…"

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by Anonymousreply 3November 20, 2022 10:01 PM

R1 read the report, he had a change of heart, there was an accusation that he was misled by the twitter's finance, but he was in the binding and had no choice but go through the deal.

by Anonymousreply 4November 20, 2022 10:02 PM

Fuck you. Twitter wasn't for sale until he made the overinflated over to purchase

by Anonymousreply 5November 20, 2022 10:03 PM

[quote] Musk into agreeing to buy Twitter at “an inflated price,” lawyers for the Tesla executive said. “Twitter was miscounting the number of false and spam accounts on its platform, as part of its scheme to mislead investors about the company's prospects,” lawyers for Mr. Musk wrote.

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by Anonymousreply 6November 20, 2022 10:04 PM

subsidized projects= WELFARE QUEEN WITH 5 BABY MAMAS

by Anonymousreply 7November 20, 2022 10:04 PM

Twitter suspended The Babylon Bee’s account March 22, after labeling a post about transgender Biden administration official Rachel Levine as hateful content. Not long afterward, billionaire Elon Musk, a fan of the site, got a text from his former wife, Talulah Jane Riley.

“The Babylon Bee got suspension is crazy!” read the text, which was made public earlier this year. “Why has everyone become so puritanical?” Then Riley suggested Musk buy Twitter and either delete it or “make it radically free-speech.”

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by Anonymousreply 8November 20, 2022 10:06 PM

He'll shut it down or sell it when his Chinese and Saudi overlords tell him to do so.

by Anonymousreply 9November 20, 2022 10:07 PM

[quote] Why does a shrewd businessperson purchase a failing business

So he can turn it into a money maker. He's starting now by laying off all these people. It just doesn't need this manpower to function. He wants to sell accounts with added functions like videos.

Twitter was losing $120 million per month. That's $4 million per day. Everyone somehow thinks those people knew how to run a business when they clearly didn't.

Like when they freaked out that the payroll division was gone. Well Musk has multiple large companies which provide redundancies. One of them can handle payroll. Too many people - almost everyone trashing this - has no idea how to run a company and make it profitable.

I'm willing to wait to see what happens. But carry on with the screeching.

by Anonymousreply 10November 20, 2022 10:10 PM

Fuck that douchebag! He allows hateful Trump and Kanye right back on but me and a few others I know have not been given any chance by the (fake) Twitter appeals board to speak out truth about why we deserve another chance. I never used racist or hateful comments yet I did point out numerous blinders during the Trump tenure and got kicked off then my new account I spoke out about Kid Rock being a hypocrite (his own lyrics came back to bite him in the ass) and immediately got permanently suspended! I used the usual #MAGAMoron tending hashtag but I was on their radar and EWlon Musky immediately sic the right wing hounds on me! So much for “free speech”. So now I’ve appealed 10x and no one’s responded. It’s a joke!

by Anonymousreply 11November 20, 2022 10:10 PM

“The Babylon Bee got suspension is crazy!” read the text, which was made public earlier this year. “Why has everyone become so puritanical?” Then Riley suggested Musk buy Twitter and either delete it or “make it radically free-speech.”

by Anonymousreply 12November 20, 2022 10:12 PM

The faster the better. Burn it down and let someone else start something else better. Fuck Elon Musk. He's the more intelligent Donald Trump.

by Anonymousreply 13November 20, 2022 10:15 PM

R10 True, but read the report from August, Elon made the deal based on the calculation that he can turn things around and make money from Twitter, which by the way could be a very profitable platform for advertisers for business like Tesla or Space X. But Twitter accidentally became a town square, if you ask me, Elon Musk detested that and he wants to rid the public discourse, and focus on business side. However he was misled by the fake numbers and financial prospects, his initial assessment was way off, and it has become clear it would take a lot more years and investment for him to make any money from Twitter, he wanted out!

by Anonymousreply 14November 20, 2022 10:23 PM

Elon Musk's ex-wife is reportedly the mysterious phone contact 'TJ' who texted him about fighting 'woke-ism' at Twitter, and called the banning of a conservative satire site 'crazy'

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by Anonymousreply 15November 20, 2022 10:24 PM

Twitter "accidentally became a town square"

Are you reading this stupidity?

by Anonymousreply 16November 20, 2022 10:25 PM

He's going to turn it around. The shakeup will be good for the product.

by Anonymousreply 17November 20, 2022 10:25 PM

The poll should have been more clearly defined as to whether the response should be based on reality or just wishful thinking. It seems to have been interpreted as the latter.

by Anonymousreply 18November 20, 2022 10:26 PM

Can you buy Twitter and then delete it, please!? xx" Riley allegedly texted Musk on March 24. "America is going INSANE."

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by Anonymousreply 19November 20, 2022 10:27 PM

She looks exactly the way I imagined her. Trashy sperm receptacle.

by Anonymousreply 20November 20, 2022 10:28 PM

R20. Barren?

by Anonymousreply 21November 20, 2022 10:29 PM

Musk fucked up the quote. It actually means the opposite of what he is saying.

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by Anonymousreply 22November 20, 2022 11:26 PM

Whatever, he is like a brilliant like brilliant, brilliant genius and like he like literally owns like the business and like can like do whatever he like wants.

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by Anonymousreply 23November 20, 2022 11:31 PM

[quote] reality or just wishful thinking

on DL, these two are the same thing to many, R18!

by Anonymousreply 24November 20, 2022 11:32 PM

You buy a business for 44 billion, then in a month proceed to destroy it. I think it is just a giant fuck you to everyone. Look how much money I have. 44 billion just to fuck with Twitter and you peasants were fighting over a measly billion.

by Anonymousreply 25November 21, 2022 12:39 AM

oh please, no one is going to waste 44 billion or even 1 billion just to fuck with something they don't like. Elon might be a dickhead, but what he has done in the last two weeks is not "destroy it", he is cutting the expense, the 50% workforce layoff is extreme, but in his mind, Twitter is online/digital platform, it doesn't need that much workforce for it to run or maintain.

But there is one thing Elon might want to destroy, the elitist tech job! To him, IT job/software engineers are no different from assembly workers in Tesla factory, forget the remote work, put on your work uniform and work 10 hours a day, that's his message! If his plan works out at Twitter, we might see a change in silicon valley too, the aura/elitism around tech job will be gone, you are just a worker in a virtual factory.

by Anonymousreply 26November 21, 2022 3:19 AM

Oh, look - populist MAGA @R26 yapping about "elites"!

by Anonymousreply 27November 21, 2022 3:21 AM

Oh, look - a techie or wannabe techie at R27 worrying about becoming a blue collar worker!

by Anonymousreply 28November 21, 2022 3:25 AM

Elongated Musks,born with a an emerald mine in his pocket is "just one of the guys".

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by Anonymousreply 29November 21, 2022 3:47 AM

I give it 3 months tops.

by Anonymousreply 30November 21, 2022 3:52 AM

Elon's end goal is to get twitter back to what it was in 2016 with the disinformation notched up to get all Republican wins in upcoming elections, so that he can pay less in taxes. Everyone else needs to delete their accounts and let it become Truth Social 2.0, but too many people like to watch the shit show.

by Anonymousreply 31November 21, 2022 3:59 AM

Deport Musky odors

by Anonymousreply 32November 21, 2022 4:00 AM

So many experts here on running giant companies. Have any of you ever even run a lemonade stand?

There really is a movement afoot to undermine Twitter because they don't like its new owner. LOL! It's ridiculous.

by Anonymousreply 33November 21, 2022 6:41 AM

I think I’m done with Twitter. It’s just people complaining about Twitter and Elon Musk now.

by Anonymousreply 34November 21, 2022 7:24 AM

R33. Why is that ridiculous? The new owner is making changes they don't like. Plus his presence taints the brand. That's just business.

I especially find it gross that Musk is pushing his own tweets into people's timelines. Why wouldn't people run away from a platform that does that?

by Anonymousreply 35November 21, 2022 8:05 AM

Yes, Musk is such a “shrewd businessman” that he paid $44 billion for a company that sane market analysts valued at $10 billion.

Yup, Elon sure is playing 3-D chess, lol.

by Anonymousreply 36November 21, 2022 10:07 AM

I hope this all goes down the toilet with the rest of the crap.

Fuck Musk, Fuck Twitter.

by Anonymousreply 37November 21, 2022 10:19 AM

[quote]the aura/elitism around tech job will be gone, you are just a worker in a virtual factory.

Unlike blue collar workers forced to work at the local plant, these people can & do get a job almost anywhere. If they leave Twitter, there any number of companies willing to hire SW engineers. A pay cut may be involved, but these people don't have to dance to Musk's tune.

I guess the real barometer is what advertisers do. Musk no doubt thinks he's the Man of People, re-instituting Trump, but if Twitter (now without a safety net) becomes a home (even more than it already is) becomes a home for racists, pervs & loons, advertisers will have no choice but to take their advertising $$ elsewhere.

by Anonymousreply 38November 21, 2022 11:45 AM

R38 Elon is the first one and currently the only one in the tech world that issued the harsh mandate, like you said, twitter employees don't have to stay, they have no trouble finding a new job in another tech company FOR NOW, but things can change, Elon initiated a different work culture unheard of in the tech world, you think other companies are not watching closely? If Elon's plan works out, you bet others will soon follow, tech job will be fundamentally changed, and Elon will be the one that changed it!

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by Anonymousreply 39November 21, 2022 12:04 PM

I'm not sure who'd want to buy it.

He is a shrewd businessman normally, but his decisions so far have confused me. I get he's trying to decrease expenditure on staff by getting rid of the deadwood, but how is he going to attract advertisers back when he's unbanning people like Trump, Kanye, Andrew Tate etc?

I also don't see Twitter Blue as being a long term success. Lots of people signed up initially as it's a new thing to have a blue checkmark by your name, but how long before the excitement wanes? Most people are trying to reduce expenditure and Twitter Blue would surely be one of the first things to cut (before other non-essentials like Netflix and other subscriptions).

Added to that, the internet is constantly innovating and changing. Nothing lasts forever and Twitter is clearly in decline, while Tik Tok takes over. I suppose he must have some big plans to transform Twitter beyond what it is now to turn it into a profit making business, but I can't see it yet.

by Anonymousreply 40November 21, 2022 12:10 PM

@r33, "There really is a movement afoot to undermine Twitter because they don't like its new owner"

Where have I seen this before? 🤔 Oh, yeah, Republicans against Democracy because they don't like the new boss

by Anonymousreply 41November 21, 2022 12:17 PM

Well, you're right R39, he is trying to change the tech work culture and I suppose there are a lot of companies that would like to instill some discipline with their highly (over) paid, hothouse flower tech workforce, but I don't know how you put that genie back in the bottle. Time will tell, but as others noted on this & other threads, it's hard to see how insulting your workforce/treating them with contempt inspires them to do anything but go elsewhere.

I work as a government contractor & I get that kind of contempt occasionally in our ranks: people who came up from blue collar jobs to management have disdain for those uppity college types who go everything handed to them - forgetting that without uppity college types & educated professionals, there wouldn't be a contract with the government because that's what they require these days. That kind of attitude does nothing but breed ill-will, not change a culture

by Anonymousreply 42November 21, 2022 12:43 PM

.” Riley suggested Musk buy Twitter and either delete it or “make it radically free-speech.”

by Anonymousreply 43November 21, 2022 1:43 PM

It's not Twitter's users that are melting, I'm sure everyone you follow is fine -- it's the software that's breaking down. And maybe the hardware as well if they don't find some people to keep an eye on their data centers pretty soon. They went from a staff of 8000 to roughly 285 in the last couple weeks. The entire engineering team has quit. The website is probably not going to be functional much longer.

by Anonymousreply 44November 21, 2022 5:01 PM

I honestly don’t think he will. To make $1 billion in revenue all he needs is approximately 10.5 million Twitter blue users. That’s not that high a bar. Sadly, I am seeing even people I used to follow who fancied themselves “resisters” with a twitter blue check. People have way too much of themselves invested in twitter and they’re not going to give that up so easily.

by Anonymousreply 45November 21, 2022 5:06 PM

R45. That's just the interest on the loan though.

He'll need more blue users to cover the costs of running the business.

by Anonymousreply 46November 21, 2022 11:11 PM

The MAGA douchebags on here are hoping that Elon does away with the weekend too. Who raised you to be such soulless fucks?

by Anonymousreply 47November 21, 2022 11:21 PM

r26 Musk is now begging people who know how to code. People are leaving in droves. I predict Twitter will become Parlor 2.0.

by Anonymousreply 48November 22, 2022 3:28 AM

These fine people join you in your protest against Elon.

The Babylon Bee reports that Taliban Quits Twitter To Protest Return Of Trump

"Long has Twitter served as a safe haven of free speech for North Korea, Iran, Al Qaeda, and ourselves," said Taliban Spokesman Badrash Onmyrhir, still tired from a long day of lashing young women for daring to remove their head scarves. "But with Trump's return to the platform, we no longer feel safe from his violent and hurtful tweets."

by Anonymousreply 49November 22, 2022 4:32 AM

As much as I loathe trump , it’s hypocritical of Taliban scum to quit Twitter in protest of him when they literally stone gays to death and refuse to allow women basic human rights! Trump might be a lot of shitty things but he employs women and gays and minorities. He is a shit person to allow MAGA to grow and bring out the worst hate groups just to stroke his own ego but the Taliban and all the backward religious fucktard countries can go fuck the fuck off for their injustices toward anyone not straight and male. Their dicks must have the most rancid dick cheese from those F***ing table cloths they wear in the scalding heat and the women’s bushes must resemble tumble weed with horrid fish and ass stink. No thanks.

by Anonymousreply 50November 22, 2022 1:45 PM

#staywoke is trending, after Elon found some t-shirts in the twitter HQ

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by Anonymousreply 51November 23, 2022 4:04 AM

All the people who used to feel compelled to display their virtue by embracing the word "woke" now shudder at the sight of it. They should all be held accountable for their cowardice and lunacy.

by Anonymousreply 52November 23, 2022 7:30 AM

^Ok, let's go, Brandon 😏

by Anonymousreply 53November 23, 2022 7:33 AM

"Stay Broke",

After a hookkker told me to purchase Twitter and delete it.

by Anonymousreply 54November 23, 2022 8:01 AM

Many people in the software field now are specialists in cybersecurity. If city governments, universities, hospitals and energy companies are now paying up to $20,000,000 to hackers to get their systems back online, how much do you think hackers will charge Musk when they take twitter hostage? And they will, of course, sooner rather than later, with no cybersecurity staff to mind the back doors.

by Anonymousreply 55November 23, 2022 8:16 AM

"Elon Musk is a shrewd businessman, he will not waste money on a business venture which doesn't make money for him"

This is a man who spent a fortune to go to space and he didn't quite make it, did he? He has a history of throwing away money.

I love how people equate wealth with intelligence instead of greed and entitlement which is definitely a part of wealth.

by Anonymousreply 56November 23, 2022 8:34 AM

There’s nothing new nor innovative nor “genius” about being a egomaniacal douche bag, (born into wealth) treating employees like slaves. Moronic fools worshiping douche bags like Musk is why the majority of the US population continues to struggle.

by Anonymousreply 57November 23, 2022 8:56 AM

R55, that's why I deactivated my account. It's sad thought that new sites still release items they've read on Twitter. It is THE public town square at the moment.

If he wants to monetize it, why doesn't he do what DL does here? Charge a low fee like .99 or 1.99/month from every user who wants to reply and post. People who don't pay, can only post on off hours.

by Anonymousreply 58November 23, 2022 9:24 AM

^ That's what the whole blue check $8 a month thing is all about. He thinks he's going to replace ad revenue with subscription revenue. So, he decided to sell the prestige value of the blue check for $8 dollars and all he got was imposters who wreaked havoc on Twitter and caused companies like Eli-Lily billions. It was a bad idea and he was told it was a bad idea, but he did it anyway, because Muskrat thinks he knows better. He's so much like Trump it's scary

by Anonymousreply 59November 23, 2022 9:38 AM

Musk has those t-shirts printed up. He is courting the GOP right wing nut jobs.

by Anonymousreply 60November 24, 2022 2:10 AM

[quote]He is courting the GOP right wing nut jobs.

Are you sure he's not just mocking the left-wing nut jobs?

by Anonymousreply 61November 24, 2022 3:23 AM

R61 nope the king of free unbiased speech only wants republican voices. He spends his day trolling AOC.

by Anonymousreply 62November 27, 2022 2:36 AM

My account is locked for telling Marjorie Fuckface Greene that she’s a cunt.

by Anonymousreply 63November 27, 2022 2:42 AM

I am no Elon fan (his humor is appalling and his politics visibly worsen weekly) but I think he's going to make a go of Twitter, at least from a commercial standpoint. He's cut costs--it was a very bloated operation--and at least as importantly has some smartypants from his other companies in as managers as well as some hax0r contractors doing some bits and bobs on the software side. All that plus the fact that people's threats to leave Twitter are 99% of the time empty promises, meaning that he'll maintain a strong userbase = a good shot of success.

by Anonymousreply 64November 27, 2022 2:48 AM

Never did I imagine the time would come when DL sucks Elon’s tiny cocklette.

Gross.

by Anonymousreply 65November 27, 2022 2:55 AM

Fanboys or trolls? Twitter has lost its advertisers. The hiring/firing thing has changed numerous times. The blue check—ditto. What will subscribers get? A degraded online food fight. That is what chatrooms were like and they were more fun.

by Anonymousreply 66November 27, 2022 3:10 AM

There's a number of good reasons why well run businesses have middle management instead of micromanaging bosses suffering from manic episodes. Tesla and SpaceX have pretty extensive middle management. Twitter right now doesn't, in fact its workforce is bare bones, and that's why it's a completely cringey shitshow.

by Anonymousreply 67November 27, 2022 3:16 AM

He's not an astute businessman. Every idea he's had for Twitter has been a disaster. But it is a top site for information of a professional variety in addition to the other stuff on here. Shutting it down through incompetence would certainly leave a huge information hole. That would please the billionaires and fascists.

by Anonymousreply 68November 27, 2022 3:28 AM

It's incredible that even with a throat clearing at the start of my comment, I am still accused of being a troll or eating dick for Elon because...I think he may actually make Twitter a commercial success. Do you understand at all how deranged that is? Do you understand how far off the deep end you are if absolute unmitigated criticism is the only acceptable speech? Get help.

by Anonymousreply 69November 27, 2022 4:16 AM

^^^

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by Anonymousreply 70November 27, 2022 4:36 AM

R70, that meme doesn’t work because I criticized him as well, just not sufficiently for the tribal wetbrains around here.

by Anonymousreply 71November 27, 2022 4:49 AM

Twitter is losing a lot more money than before Elon took over mostly because he's driven away so many advertisers who don't see Twitter as 'brand safe'. now I don't think it will be shut down but I give it 80% chance of bankruptcy within the next year.

by Anonymousreply 72November 27, 2022 6:57 AM

Twitter has been a cesspit long before Musk started speaking of buying it. As someone aptly described it “endless comment section without an article,” that’s what it’s been for years. If Musk kills Twitter, he can die knowing he accomplished at least one thing in his life.

by Anonymousreply 73November 27, 2022 7:11 AM

If Twitter becomes bankrupt (even a billionaire like Elon probably has his limits on how much of his money he will want to continue pouring into it - he's already had to sell more Tesla stock this month and Tesla is down 51% over the last year) - Elon won't have any choice about whether it's shut down or sold.

by Anonymousreply 74November 27, 2022 7:15 AM

The loss of advertisers will kill it. Elon brought all that on himself.

by Anonymousreply 75November 27, 2022 2:23 PM

A few weeks ago Musk fired half of engineers, they had 3 months severance package, and a week later after firing, Musk asked them to come back to be rehired, a lot of them did, but they were asked to give up the 3 month severance in the contract if they want to be hired back, some did and guess what, in barely two weeks, they were fired again, and this time they only had 2 week severance pay. If they didn't come back, they would be paid till January, now it ended in November!

by Anonymousreply 76November 28, 2022 5:40 AM

Can’t they sue for that??? That is outrageous!!

And for those of you who hate these “elite” tech workers, take a look at the big picture. Can’t you see what’s happening? This is one of the most elite places to work in the SM marketplace. If they can plan that game with then, imagine what your SOB managers can do to you.

by Anonymousreply 77November 28, 2022 6:51 AM

R77 unfortunately I don't think you can win that if you sue, since the company hired you back, you would have to give up the severance pay...unless you can prove the entire "rehire" is a sham to avoid the 3 month severance pay for everyone, but there are two issues here, one is the rehiring was voluntary, you didn't have to come back, the second is, not everyone was fired again, but IRCC close to 1/3 or 1/2 was let go.

by Anonymousreply 78November 28, 2022 7:13 AM

Musk only bought it with borrowed money to kill it and he's doing a masterful job at it.

It's just a bunch of apes in a glass cage throwing feces at each other.

Something else will take its place.

by Anonymousreply 79November 28, 2022 7:17 AM

Was watching a video and a computer engineer who has knowledge of Twitter's system says it's only a matter of time before Twitter breaks down. He explained that firing the original Twitter engineers showed how ignorant and unfit Musk is of Social Media, it's more complicated than it looks. Musk acts like he can get any computer engineer off the streets and they can manage Twitter. Nope, it's not that easy.. If it were, there would be similar Twitter clones.

by Anonymousreply 80November 28, 2022 9:02 AM

R79 Only partially. As has been said, he used $27bn of his own money to buy it. That's a lot of money even for someone like him. It means that he probably didn't buy it just to destroy it and lose money. He's just that incompetent.

by Anonymousreply 81November 28, 2022 10:25 AM

He'll sell it to embarcer for half the price. What a chud.

by Anonymousreply 82November 28, 2022 10:40 AM

He keeps saying the left is against free speech while people like Bobart and Tomi Lahren are praising him lol. Twitter is not free speech. Anything that has a TOS and makes money is not a bastion of free speech. You are abiding by someones' rules.

by Anonymousreply 83November 29, 2022 3:41 AM

[quote]Anything that has a TOS and makes money is not a bastion of free speech. You are abiding by someones' rules.

The literal public square and all public spaces in the country have a TOS. You can still have freedom of opinion with general rules that apply to all opinions.

by Anonymousreply 84November 29, 2022 9:01 AM

“Free Speech” in the First Amendment applies to the government not arresting you for saying something offensive. It has nothing to do with private companies having TOS.

Elon’s claim that allowing racists to say “I hate n******” on his website must be allowed is ridiculous. Sure Elon, allow it. And then watch every advertiser in America exercise their Free Speech rights to get the hell out of there and take their money with them. “Free Speech” is not “Free from Consequences” and it never has been.

Elon’s not even American, he doesn’t even know what Free Speech means in America. And he’s from South Africa, hardly a bastion of civility. And he’s rich and white from South Africa, what makes you think he is capable of respecting anyone or anything? He has no standards, he’s just posturing. Allowing this racist stuff is probably fine with him because he comes from a racist country where nobody (white) cares about people making horrifically racist statements. It’s probably normal there. And that’s what’s wrong with allowing foreigners to own American social media. Or media in general, look at Rupert Murdoch. Another person who came to America to burn it down.

by Anonymousreply 85November 29, 2022 6:37 PM

I have a theory Musk only bought twitter to influence the 2024 election in the GOP's favor. If Biden gets reelected then he'll probably offload it pretty fast.

by Anonymousreply 86November 29, 2022 7:00 PM

Why would he sell it? He seems to be having a lot of fun with it.

by Anonymousreply 87November 29, 2022 8:12 PM

^ Because even Elmo can't afford to lose millions a day... Not to mention the the hit his other companies are taking

by Anonymousreply 88November 29, 2022 10:47 PM

Elon is now threatening Apple. Elon has also called the CEOs of certain companies, threatening them if they don't purchase ads on Twitter. WTF is wrong with this person?

Elon's bff Ron DeathSantis is also threatening Apple, calling them a woke company.

by Anonymousreply 89November 30, 2022 6:51 AM

Elon meets with outgoing staff:

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by Anonymousreply 90November 30, 2022 7:03 AM

This is amazingly petty. Platformer says that when Twitter Blue paid subscriptions are re-released, Elon may not make it available on Apple's iOS app because he doesn't want Apple specifically to get their 30% cut. Even though 30% is standard for pretty much all app stores - it's the same for Google Play (Android) for example.

The new subscription price will also be $8 and not $7.99, and will require phone verification.

by Anonymousreply 91November 30, 2022 7:08 AM

Should add that the 30% applies if the app gets more than $1m sales a year, otherwise it's 15%.

by Anonymousreply 92November 30, 2022 7:09 AM

^ I don't get why that 30% is such a big deal. Walk into any retail store and mark-ups usually start at a 100% for full retail then work their way back in the form of sales and discount. I would think that any developer would jump at the chance for the kind of exposure the Apple store gives an app. Elmo sells the Full Self-Driving option on his cars for $15,000 and then shuts it off when the owner re-sells the car forcing the new owner to pay another $15,000 if he wants the option. Talk about a screw job 😠

by Anonymousreply 93November 30, 2022 9:38 AM

see what I said last week, like him or hate him, Elon single handedly changed the work culture in tech industry.

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by Anonymousreply 94December 4, 2022 6:37 AM

... by adding Nazis.

by Anonymousreply 95December 4, 2022 6:38 AM

[quote]

Elon Musk

@elonmusk · 6h [quote]Just a note to thank advertisers for returning to Twitter

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by Anonymousreply 96December 4, 2022 6:57 AM

R89: it seems they have reconciled

[quote] Elon Musk

@elonmusk · Dec 1 Good conversation. Among other things, we resolved the misunderstanding about Twitter potentially being removed from the App Store. Tim was clear that Apple never considered doing so.

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by Anonymousreply 97December 4, 2022 6:59 AM

He even got a personal guided tour from Tim Cook

[quote]E lon Musk

@elonmusk · Dec 1 Thanks @tim_cook for taking me around Apple’s beautiful HQ

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by Anonymousreply 98December 4, 2022 7:02 AM

Elon is an Engineer at heart

Bear that in mind and one can get a clearer sense of why he’s doing what he’s doing

by Anonymousreply 99December 4, 2022 7:10 AM

How's that taste -R96 - R99? The taste Musk's anus with your tongue so far up it?

by Anonymousreply 100December 4, 2022 7:12 AM

[quote] Musk acts like he can get any computer engineer off the streets and they can manage Twitter. Nope, it's not that easy.. If it were, there would be similar Twitter clones.

R80: there is, except it’s mainly in Chinese

It started off as a Twitter ripoff but has come a pretty long way since then

It’s called Weibo; from CCP China of course

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by Anonymousreply 101December 4, 2022 7:23 AM

Sina Weibo

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by Anonymousreply 102December 4, 2022 7:23 AM

[Quote]Elon is an Engineer at heart

Because he's not one on paper.

by Anonymousreply 103December 4, 2022 7:26 AM

8 million sign ups at Mastodon. Liberal voices are leaving Twitter. So how long before Twitter becomes just an upgraded Parler?

I wish all the liberals would just leave Twitter and let Musk and his Right Wing fanboys play with themselves.

by Anonymousreply 104December 4, 2022 7:48 AM

Musk did not change the tech field. WFH is still prevelant. If he wants the best people he has to let them work where they want to.

by Anonymousreply 105December 6, 2022 2:17 PM

Interesting that Twitter is so toxic, it could only make money during a time that an anti-democratic buffoon was “president.”

by Anonymousreply 106December 6, 2022 2:22 PM

[quote]Why does a shrewd businessperson purchase a failing business

Possible answers:

1. He never intended to buy it and tried to get out of the deal, but couldn't.

2. He believed he could turn it around and make money.

3. You are conflating what Twitter's "business" is with what it's assets are or where "value" is generated. The LBOs of the 80s proved that many companies pieces are worth more than the sum of them combined.

4. You are assuming that generating money from Twitter is his endgame, rather than something else. Even if he loses his entire investment in Twitter, he's still the richest person in the world by about $50-ish billion - and amount that would rank a person the 25th riches person in the world.

by Anonymousreply 107December 6, 2022 2:35 PM

Elon Musk is a shrewd businessman? Oh my sides!

by Anonymousreply 108December 6, 2022 2:49 PM

I thought Bezos and Putin are richer?

by Anonymousreply 109December 6, 2022 5:13 PM

[quote]I thought Bezos and Putin are richer?

Not Bezos - he's slipped to number four behind Musk, Arnault (LVMH) and Adani.

Putin probably is richer, but no one will ever know for certain unless the next government seizes all of his assets after he dies and reveals it. Whle they might seize it all, they'd never reveal how much he's stolen.

by Anonymousreply 110December 6, 2022 5:22 PM

R109, they are now.

by Anonymousreply 111December 6, 2022 5:22 PM

[quote][R109], they are now.

No, Bezos is not.

As I previously stated, even if Musk loses his entire investment in Twitter, he's still $50 BILLION richer than #2 Arnault.

by Anonymousreply 112December 6, 2022 5:26 PM

Twitter is just Elon Musk unfiltered, acting on impulse. I remember reading that at Tesla and his other companies there are layers of management who basically "manage" Elon Musk -- keep him from making a fool of himself and letting him take the credit for everybody else's work. Elon bought Twitter on impulse, then tried to get out of it, then fired everybody there and thought he could run it all himself, with disastrous results. I don't think Twitter will suddenly die, just dwindle away. What IS dying is Elon's reputation as a businessman. Nobody in their right mind would want to partner with him in a business deal after seeing his antics with Twitter.

by Anonymousreply 113December 6, 2022 6:30 PM
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