Lanusensei
NewstartElon Musk says Twitter’s ad revenue is down 50% and cash flow is negative
Oh no. Anyways…
As if everyone didn’t see this coming a mile away. It’s like that Austin Powers scene with the steamroller
Iirc, all parties in the steamroller scene were in distress about it.
Frankly, to me it feels more like that boat crash gif.
Elon is the old, rich frat dude steering that boat in a way that is unpleasant for everyone involved but still thinks he’s the greatest. The viewers as well as the people on board know that this isn’t going to end well, but he doesn’t care of understand. And in the end, he facepalms epically
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fryrusIt reminds me of the series finale of Dinosaurs! where Earl is out in charge of a mega project and it causes an issue so they do another mega project to fix it and it keeps going until he causes an ice age and the extinction of his race.
FarceMultiplierMaybe he’s just really not good at running a social media company.
His old business partner Peter Thiel failed to start up a rival to Twitter, so Musk came along and saddled Twitter with $13 bn of debt to kill it.
These conspiracy theories are nuts.
Yeah he needs to get back to taking us to space.
Oh god no, keep him distracted and far far away from SpaceX
radixmastodon.social/@rodhilton/109572674700288958
He talked about electric cars. I don’t know anything about cars, so when people said he was a genius I figured he must be a genius.
Then he talked about rockets. I don’t know anything about rockets, so when people said he was a genius I figured he must be a genius.
Now he talks about software. I happen to know a lot about software & Elon Musk is saying the stupidest shit I’ve ever heard anyone say, so when people say he’s a genius I figure I should stay the hell away from his cars and rockets.
Yeah, they’re doing great while he is distracted and shit posting on Twitter.
Yeah man… It’s not what he’s saying that is losing him money… he’s just completely lost the ability to effectively run a company.
johndroidMaybe he should cut more checks to right-wing grifters. That should help.
Or maybe load billions more in debt onto a company that was just barely treading water
On Thursday, Twitter announced content creators would be able to get a slice of the site’s ad revenue, seemingly to encourage more creators to join the site. To be eligible, the creators must have Twitter Blue and have at least 5 million impressions on their posts in each of the last three months.
Among the creators who now get monetized off Twitter: Andrew Tate, the self-proclaimed “misogynist” online influencer, who was indicted in Romania on charges of human trafficking, rape and setting up a criminal gang.
Why do that when you can structure the platform to do it instead? It was already a cesspool but this is next level.
Yeah, pay the people that are already being paid to post by right wing think tanks. Genius idea.
this is so true. 80% of the blue marks are right wing accounts that post -nothing- but about politics. I hope someone does a study to see how many are Koch brother vs China vs Russia. It would make a great thesis for some aspiring master’s student.
Unfortunately hard to do without free/cheap API access. Looks like both Twitter and Reddit want to make it hard for researchers to work out where the biases in moderation really are, while throwing some selective internal documents to some journalists in their camp.
BNEOoooh, that’s a really interesting read on the situation
It’s such a goddamn shame that he’s now some sort of Alt-Right icon in their quest for “free speech” cause I’ll admit that I used to look up to this fuckin guy.
Take us back a few years, before COVID, and when SpaceX was doing their cool shit - I was fucking pumped about the guy. He was pushing forward in the realm of space exploration and I was absolutely fucking jazzed about it! Or at least that was the appearance; I know that SpaceX has a different company structure to Tesla where Musk can’t interfere as much.
Fast forward to now and I gotta ask: dafuq happened?
But I know what happened - he really was always kinda like this. It’s just that now - it’s going to be a really big damn financial mistake for him and good riddance. He’s definitely not some scientific genius - he’s just some emerald mine legacy that wanted to throw money at that sort of image.
EldritchYou don’t get that sort of money and power by being a good person. The signs were always there for us to see. But so many people were complicit in the whitewashing.
Elon, as a monster. Was born into white supremacist apartheid south Africa. But even among privileged sheltered white children there. He was privileged far beyond. Attending only the better more exclusive private schools. And while his father and their family love to dance around the fact whether or not he had dealings in or was complicit in all the apartheid. Who are we kidding of course he was complicit and dealt in apartheid. Again you don’t get wealthy by being a good person.
If you look into everything Elon has done at every company he’s been involved with. He’s just the money. Paypal, SpaceX, Tesla. He’s contributed nothing of value beyond the money and privilege he was born into. Failing in and ever upward trajectory to this point. Literally at Tesla the one thing he contributed that wasn’t money or his name, was a proprietary charger plug design that he pushed. In hopes of licensing it out to other companies. In a world where those companies had those same funds but No Elon existing. Things would have played out nearly identically. Elon was never any sort of Tony Stark normal should we want a Tony Stark.
Special fun fact. Elon’s current stepmother is also his younger step sister. Now in the interest of full disclosure no there is no incest involved there. Just grooming and pedophilia. That’s right every time someone makes a tweet about pedophilia etc to have Elon Musk commenting “concerning” . It is mearly a Freudian totem to his father. Basically the equivalent of Elon saying “papa?”. Elon claims distance and estrangement with his father. Yet emulates him deeply in his sexuality and behavior. Whether or not the two actually are estranged or if this is just yet another lie upon all the other lines that Elon has told. It should be very disquieting and concerning.
Yes the fact that this is going on apparently should clearly mark everything he says as bullshit. If the platform was really that in trouble and insolvent basically pissed off every single business partner and gotten rid of most of the staff. And yet the apparently has the funds to pay out right-wing parrots. Shit only adds up one way.
Remember y’all - the first allies to Mussolini’s Fascists were industrialists and business owners who used them to attack workers and left wing organisers
I wonder what hurts the guy more, that he was forced to overpay for this dumpster fire, or that everyone can point at him as the reason for the site's failure.
With narcissists like this I think it’s safe to assume they don’t really factor in what people think of them. At the end of the day he won’t own up to being a failure.
Losing the cash likely hurts more. As much as it can when you’re that ungodly rich.
itsAsini thought narcissism is when you ONLY care about what others think?
Ah, looks like you’re right.
“A personality disorder characterized by self-preoccupation, need for admiration, lack of empathy, and unconscious deficits in self-esteem”
Is it sociopathy? Whatever disorder that allows someone to become a billionaire.
Why does it need to be a disorder? Being a selfish greedy asshole is not a disorder. It can be a result of some disorders, but it doesn’t have to be.
That’s insecurity. Narcissism is many things, but a big part is oneself focusing on oneself. If others think poorly of the narcissist, those people are simply ignored for being wrong/stupid. Narcissists are brazenly selfish, vain, self-centred, etc. and don’t care what others think unless it’s praising or in their interests at the time.
You’re right. Narcissists are generally very concerned with what other people think - specifically about them.
“forced to overpay” is a weird, kinda Muskist-flavoured way of putting it. He just overpaid. He decided on a price, made a bid, reached agreement and concluded the deal, all entirely freely and of his own accord.
That he then wasn’t able to bullshit his way out of the contract shouldn’t be more than a footnote, it’s just normal process with court involvement only because he thinks he’s special.
I still don’t understand how they got him to sign that comically one-sided contract. He really should have involved a lawyer on his side. Maybe his ego was too large for that.
Ego, narcism, over confidence, his entourage of Dick riding sycophants… The list goes on. Basically they called his bluff Elon walked right into it.
It’ll be years, if not decades before Elon truly appreciates that he fucked this up.
Its not Hairplug’s fault. It is those gosh darned woke trans people who won’t let him impregnate them and who disowned him. They killed twitter.
Emerald Apartheid will learn absolutely nothing from this and feels absolutely nothing. And he has a team of people who will reinforce his world view.
good. he killed off thirdparty apps and destroys twitter each day more. i hope it burns to the ground so we can finally start using a better plattform without him controling everything.
Bappitylet’s shoot for 60%!
Why stop there? 70% is just right there for the taking.
SpicyPeaSoupYou guys are thinking too small.
-200% and beyond. Twitter liquidates and Muskyboi needs to pay debts off using his personal wealth.
This is why I’m not a billionaire. I just don’t have that billionaire mindset.
He’s negative after not paying rent, his server bills, and firing everyone then not paying severance. That leaves $1.2B in interest per year plus whatever salaries he’s actually paying. They made $5.08B in 2021. It’s probably down a shitload more than 50%.
kingthrillgoreI wonder why...
I mean, who could’ve seen this coming?
ConditionOverloadHe should get better at begging popular YouTubers to share there content on there then.
AerIt’s the best and worst thing to happen to the internet.
Best because - Twitter is a toxic site, with toxic people and a system that encourages ragebaiting means it breeds it.
Worst because - These negative people need somewhere to go… And it will only force them onto alternatives and fester in new places. Potentially here.
I think Zuck will suck them.
Hopefully,
Since thread is the new cool thing I hope it survives long enough to do so
EricHill78I would rather it be Mastodon. I tried threads and it was a bunch of influencers prostituting themselves for follows and likes.
Honestly, it should have been called “Threads and Thirst Traps"
I’m still not sure whether I’m excited or afraid about the rumours of Threads joining the Fediverse.
itsfreepizzathread can be their alternative, but im worried about the outcome
sounds like reddit
aaron_griffinI disagree that the toxic people need somewhere to go. They WANT somewhere to go, but if the internet is built as a place where toxicity is not tolerated, they will have nothing to do but to fume privately, and burn in their little oxygen-less chambers until that flame goes out
Get fucked Elon
HappyHarryHadronNo shit lmao
snackwifiSurprised it’s not more
I suggest Elon have an opposite month, it might save his company.
Expected from elon
and now probably reddit would probably fall, if i remember , spez was inspired by elon that he wanted to apply it to reddit, i think this is the sign where spez should take note of that red-venue (pun lol)
FitikI would be more surprised if it wouldn't be in loss
Circling the drain!