Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

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Fenixgoon

Lifer
Jun 30, 2003
32,156
11,027
136
what's impressive is that just when you think the meltdown can't go faster, Elon manages to speed it up.

I hope everyone fleeing twitter (...which should be everyone) is able to find a new position
 

Zorba

Lifer
Oct 22, 1999
15,282
10,880
136
And... the $8 checkmark is back & better than ever. You too can post wonders like the following, or impersonate a government official, complete with a blue checkmark. While this LeBron fake post was taken down (eventually) by one of the handful of remaining Twitter moderators, no way they can catch a fraction of the mess folks like Russian bot storms can make impersonating government officials and public figures to spread fake claims & influence, not just in English or just the US of course but in multiple languages across multiple countries...
View attachment 70684
From another poster: how long until someone imitates the Fed, with a blue check mark, and announces a rate hike...
According to posters on the previous page (here), there is nothing wrong with this because the account name didn't change and don't you have everyone's Twitter handle memorized? No? Well it isn't a security risk, it's your inability to know Twitter.
 
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cytg111

Lifer
Mar 17, 2008
24,027
13,538
136
Elon motto: Fail fast and fail often.
But that is only works if you improve on the design between iterations... otherwise you're just burning money. Elon. Burning money. For nothing.
 

MrSquished

Lifer
Jan 14, 2013
23,155
21,281
136
The myth of the billionaire is always a genius has been cracked. Also Elon clearly thinks he is a god - the FTC can't touch him because he puts rockets in space lolol

I love it. This guy is digging himself such a deep hole it's fabulous to watch his self-destruction. Every day is putting more and more doubt into his leadership of Tesla as well. He is not just going to lose his money in Twitter, he is going to lose a lot more, even better. Couldn't happen to a nicer guy.
 

uallas5

Golden Member
Jun 3, 2005
1,482
1,660
136
Yeah to me it is clear he had no plan going into this, destroying Twitter or otherwise. I think he likes Twitter and decided to buy it on a whim. Now he's paying the price.
My impression is that Musk got butthurt over something he read on Twitter and bought the company so he wouldn't have to read such things again. I wonder if the investment banks backing his purchase were dumb enough to accept Twitter as collateral?
I thought it was because his girlfriend/wife/ex-wife/wife/ex-wife/side piece got all butthurt about Babylon Bee getting their acct suspended?

Musk's Ex-Wife Texted Him to Fight Twitter 'Woke-Ism': Report (businessinsider.com)
 

MrSquished

Lifer
Jan 14, 2013
23,155
21,281
136
oh man. this guy literally has no idea how to run this business. and these dumb decisions aren't even complicated. this is really basic business school shit and most is just common sense. the guy is a moron.

 
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Zorba

Lifer
Oct 22, 1999
15,282
10,880
136
This is a much bigger issue than Twitter/Elon but the whole "If you don't happily accept the massive change in the terms of your employment, you are quitting" thing needs to go away. If a company over night decides you have to move, or work vastly different hours, etc and you refuse, it should be a firing/layoff not a resignation.
 
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Pens1566

Lifer
Oct 11, 2005
12,314
9,171
136
This is a much bigger issue than Twitter/Elon but the whole "If you don't happily accept the massive change in the terms of your employment, you are quitting" thing needs to go away. If a company over night decides you have to move, or work vastly different hours, etc and you refuse, it should be a firing not a resignation.

People in that circumstance will absolutely sue under applicable grounds (wrongful termination/hostile work env/contract violation/etc) and win. Similar to employers where workplace harassment was reported and nothing was done forcing the employee to quit (before there were protections for this). The fact that it's being publicly documented will certainly help. Especially in CA.

Although, I'm starting to wonder how much of the corpse will be left to pick over ...