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So "X" - nothing to see here. Elon's in control - Part XXX **Threadbans in OP**

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  • Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    Just looks like Good Publicity to me!! 🤣🙄🤭

    Like, yeah he's rich, but that's not an inoculation from Stupid; dunno why that seems to be ignored.

    Even the massively wealthy make mistakes: Christ Zuckerberg has sunk billions IIRC into his Quixotic VR enterprise, to use a recent example



  • Registered Users Posts: 5,827 ✭✭✭Wolf359f


    Guess he can introduce a Twitter blue plus, and have custom @twitter.com email addresses. Least you know the email is from a verified someone who paid!



  • Registered Users Posts: 111 ✭✭Rosalinda Eyes


    I heard on Claire Byrne tis morning that another reason advertisers might pull out is that the site is at risk of people posting defamatory content such as violence and child pornography without it being taken down.



  • Registered Users Posts: 7,209 ✭✭✭Brussels Sprout


    I find it bemusing that some people appear to be willing to give Musk the benefit of the doubt, on absolutely any of his, objectively, terrible decisions, just because they perceive him to be on the same "side" as them politically. I think at this stage, if he dynamited all of the offices and servers and wiped all of the source code they'd be creating accounts on Mastodon telling people what a genius he was and how they always hated twitter anyway and this was in fact a 4D-chess business move.



  • Posts: 0 [Deleted User]


    He could shoot an employee in broad daylight in the middle of Times Square...



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  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    That's a key reason - Not just violence/child porn , but anything bad.

    No advertiser wants their product appearing on a screen next to anything bad - It doesn't have to be at the really bad end of violence or child porn.

    Advertising is about selling a "vision" and a "lifestyle" and having their products associated with a life that people aspire to.

    Having your product appear in the banner of Twitter alongside something the complete opposite of "aspirational" is not something that any of them want.

    Firing most of their moderation staff and Musk saying that he wanted to dial back on moderation in general in pursuit of his "free-speech absolutist" vision has unsurprisingly got advertisers running for the exits.

    In a down market , they want to be certain that the money they spend on advertising hits the spot - Twitter cannot provide them with anything approaching that kind of guarantee today.



  • Registered Users Posts: 24,073 ✭✭✭✭Larbre34


    Spacekaren.net.ru

    'This domain is under deposit reserve'



  • Registered Users Posts: 5,967 ✭✭✭Cordell


    Common sense would have advised any of us not to invest in a car company that was planning to take a Lotus chassis and fit it with electric motors and batteries, and do it in California from all places, yet here we are.



  • Registered Users Posts: 18,564 ✭✭✭✭Bass Reeves


    So we are back to factos ''random boardies may be unware of''.

    Yes it possible to increase revenue by reducing headcount, that the whole f@@king point of reducing headcount.

    However if by your actions you severely impact revenues which may not recover then the whole excercise is futile.

    We ready had another random boardies ( auditor that was involved in corporate takeover's) explain how not looking at how the company is run/works and how is most similar situations the buyers do nothing until they understand this. Musk has lost substantial advertising revenue because he decided to get rid of the moderation department, and reduced revenue streams by advertising managers leaving.

    We hear of monetisation of users. But any attempt so far has been a disaster. As a randomer myself I fail to see this as the goose that will lay the golden egg. TV, film and video companies are charging 100/ year and ate struggling to move beyond that. SKY the total monetized TV is struggling with hacking of it streaming services that allows free use of it product. Howany will pay 50/ year for what is access to a news service

    When you look at the lack of due diligence by Musk it really shows his ineptitude. It funny this one act would have saved him. Yes it would have cost a billion to do excercise that option but the tech price collapse would have happened while it was in progress

    Slava Ukrainii



  • Registered Users Posts: 28,994 ✭✭✭✭AndrewJRenko




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  • Posts: 13,688 Davis Salmon Scumbag




  • Registered Users Posts: 24,073 ✭✭✭✭Larbre34


    Hear me out...



  • Registered Users Posts: 962 ✭✭✭Burty330



    By Musks own own quantifiable words huh? Funny how you would take that quote and run with it as if Musks own words are ironclad facts and therefore cannot be disputed in anyway.

    Yet in the exact same quote he cites activist groups as the reason for the pause in advertising , a claim you stated has no basis in reality whatsoever. So the one tweet you constantly use as a source of truth is also a tweet you claim is a total non-truth. . 🤣🤣

    What about Musk claim that Twitter has seen record high growth. By his own admission so it has to be true , right? lol



  • Registered Users Posts: 8,482 ✭✭✭Quantum Erasure


    You talking about the subject of the article or the way the writer comes across?



  • Registered Users Posts: 903 ✭✭✭erlichbachman


    Reducing head count cuts cost, it has nothing to do with revenue.

    It seem everyone (random boardsies) assumes the guy took over and made changes of a multi national company without first assessing which changes needed to be made. Absolutely no proof of this of course, other than reversing some changes that didn’t work, but still, let’s all jump on the bandwagon of the guy who hasn’t got a clue what he’s doing.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    If we accept what Musk says as true what we have is more users , but less advertisers - Which is an objectively terrible place to be.

    Basically it's saying "We had our biggest crowd every in the theatre last night , but most of them didn't buy a ticket because we sacked the security guards and left the fire door open."

    It's also objectively true that right now is a busy time for Twitter and Social media in that most of it's users are in the US and they've just had an election which is something that drives more users for a short period of time.

    If they manage to retain enough staff to keep the lights on and they do actually re-open the offices on Monday as planned , let's see what the quarterly numbers look like which would help flatten out the spikes of recent events.

    Let's see if the advertisers return to Twitter to get their products in front of all these alleged new users.



  • Registered Users Posts: 12,631 ✭✭✭✭AdamD


    No proof? Dear god get your tongue out of his arse



  • Registered Users Posts: 962 ✭✭✭Burty330


    But advertisers have not left twitter. Im willing to be proven wrong... awaiting the details.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    No, what we're saying is that it's a physical impossibility for him to have made that assessment correctly in the time-frame he made it in.

    The duration of an assessment to determine a decision of the magnitude he made is measured in months , not the days he took.

    I don't care how "brilliant" he might be.

    Also , other than firing 50% of the staff he has reversed every other decision he has announced thus far.

    Paid for Blue Check-marks ,"Official" Check-marks, Cancelling Work From Home, Disabling Micro- Services.

    All announced , all cancelled or walked back almost immediately.



  • Moderators, Sports Moderators Posts: 26,886 Mod ✭✭✭✭Podge_irl


    The 1Bn payout was not a simple "get-out" clause, it still needed cause I believe.



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  • Registered Users Posts: 28,994 ✭✭✭✭AndrewJRenko


    I’m talking about the bizarre world of Musk, surrounded by yes men who have convinced him that his sperm is truly sacred.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    I thought we were accepting what Musk has said as fact?- He has said that Advertising revenue has collapsed.


    We can argue about whether it's down to "activists" or not , but the man himself has said revenue has collapsed - It was why he had such a hard-on to launch the "blue-checks" for cash model.

    As of of the most recently available accounts for Twitter , advertising is 80%+ of all income.



  • Moderators, Sports Moderators Posts: 26,886 Mod ✭✭✭✭Podge_irl


    Musk is in a position to objectively state that ad revenue has fallen. That it is due to "activists" is just conjecture that has been refuted by a number of people who are actually in a position to know.



  • Registered Users Posts: 9,024 ✭✭✭Gregor Samsa


    His initial investment in Tesla was $6.5 million. He had earned more than $100 million from the sale of PayPal, so it wasn't a huge proportion of his wealth. He's estimated to have put in about $200 million in total over the years, which isn't a huge amount in relative terms. And it has certainly paid off well, as he ended up with $20 billion in cash after selling Tesla stock.

    Musk's personal potion of the Twitter buyout was $33.5 billion. It's quite a different investment, quite a different risk.



  • Registered Users Posts: 6,148 ✭✭✭screamer


    I’m sure the bould Elon is very worried about what we all think of him here on boards…… all this stuff though, it’s just business. He’s in business to make money not friends. It’s what most people in business are in it for. I really don’t get the outrage, a bloated over valued tech company gets a dose of reality and people are up in arms….. it’s just business. Yes it’s hard on the people losing their jobs, but that’s always a possibility in any private company job. Though I will say, what a strange investment choice for Musk, all the social platforms tank in turn, strange to invest in twitter, he could have just setup a newer fancier platform quietly and I’d guess had a better investment return



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,483 Mod ✭✭✭✭Quin_Dub


    It was exactly 2 weeks ago to the day that this was posted.

    And now your saying that he wasn't telling the truth , that advertising revenue hasn't collapsed and he was just trolling.

    Jesus.. There really is no helping people out of the rabbit hole sometimes.

    Also - What advertisers have pulled out?

    Let's see

    • United Airlines
    • General Motors
    • Pfizer
    • Audi
    • Farvel
    • Carlsberg
    • Balenciaga
    • Mondelez
    • General Mills
    • Volkswagen
    • Chipotle
    • Ford
    • CVS
    • Nintendo
    • O2
    • Hyundai
    • Dominos Pizza

    And those are just the ones I can find with a few minutes work on google that have publicly announced that they have stopped advertising on Twitter.

    So yeah , it's a tweet I'm happy to "hitch my wagon to"



  • Registered Users Posts: 903 ✭✭✭erlichbachman




  • Moderators, Category Moderators, Entertainment Moderators Posts: 36,497 CMod ✭✭✭✭pixelburp


    I'm not outraged; I'd love nothing more if Twitter became extinct because it has been a pox on humanity IMO.

    However, the most public and eccentric billionaire just bought the biggest (social) media platform on the planet, for way more than it was worth at the time - and is making some really pronounced, bizarre decisions that literally had the service break during the last couple of weeks; it's all too bizarre not to stop, stare and go "WTF is going on?".



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  • Registered Users Posts: 18,564 ✭✭✭✭Bass Reeves


    The 1billion was the cost of doing doing due diligence if he pulled out. Ya he might have had to show cause. However if he had done DD the bot claim he made

    Ight have stood up a d been enough for him to pull the bid. Usually at DD you will always find a reason to pull the bid of you really want to. There will always e something in the books that is not 100% correct

    Slava Ukrainii



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