I won’t believe this thing can ever die until I see it rotting in the ground.
$13 Billion debt means $1.3 Billion/year interest payments.
I’m pretty sure Elon can pay that btw. But I’ll be watching from the sidelines for that shitshow.
Do you really think a company like that would be paying 10% interest?
I’m pretty sure Elon can pay that btw.
But that will involve more TSLA stock fire sales (as that’s literally what he did the last time he needed to pay Twitter’s bills, his “net worth” is mostly unrealized gains from his shares) and he will face more backlash for that from Tesla investors. His house of cards will collapse quicker the more he resorts to that as there’s a limit to how long Tesla investors can stay patient with him treating them as his personal ATM.
Fun fact: musk is using the Unicode symbol 𝕏 as the twitter logo, he can’t trademark it
Instead, he’s given the symbol such a bad reputation that nobody would want to use it
Damn… He really is brilliantly stupid. He’s like… King of the idiots. The one and only true Edgelord. It’s like highlander, he’s the only one.
I know this is somewhat self—serving, but what if everyone literally started calling him THE Edgelord? How fucking funny would it be to see journalists calling him that? How many of us would it take?
Man, Elon speedrunning corporate bankruptcy for Twitter lol.
They’ve been saying this for what, a year now? I’ll believe it when I see it.
The problems at Twitter are profound.
DeSantis’s campaign has been plauged by technical issues, as Twitter Spaces cannot support the same kind of streaming traffic that Twitch / Youtube / etc. etc. can support. This means that DeSantis’s big online launch party was ruined due to reliance upon Twitter.
This is closer to what I predict and expect to happen. Twitter’s bones are solid, Twitter was (emphasis on WAS) one of the best run technology stacks ever back in 2020 or 2019. It will take a lot of effort before that falls apart. Any “legacy” code is likely good.
But you know what’s likely to break? New features, new loadouts, and random changes that the new ignorant staff cannot manage. Its one thing to maintain a good website, its a totally different thing to make new features. (Especially when the feature is to get rid of blue checkmarks, I mean to turn old blue-checkmarks into grey checkmarks, I mean allow a $8/month payment for blue checkmarks, I mean to delete old blue-checkmarks from people who haven’t moved onto the payment scheme, I mean…)
Technology is about change. Eventually, Twitter cannot change and get updated. Its already happened this year, Twitter Spaces is proof of that. All the new crap this year has fallen flat on its face.
I dunno’, they’re already having problems keeping tweets sync’d across servers. Several times have I seen a 404 for a tweet that someone else is staring at.
That’s a basic server scaling issue. Showing up in Twitter production. I’m not so sure they’ve even kept the old bones intact.
Well, new stuff includes the new Datacenter that Elon Musk personally moved all those servers into. Even if it was legacy old servers that were working, they’re effectively new given the amount of changes that could occur at a new datacenter.
The new staff are not necessary “ignorant”. There’s a limited amount of work you can do in one day/week/month.
I’m sure they’re smart, but its well recognized that they’re ignorant.
Ex: there were large scale complaints about being the last person remaining from a team of ~20 and being forced to take care of the servers anyway. They were certainly fine when they were part of a team of 20, but when 19/20 people leave, whoever is left over is best described as “ignorant”.
I’m sure they’re doing the best that they can, but there’s no way one person can know everything that the 19-other-people knew. They are literally incapable of learning all the server details from here on out, because the other 19 people have left the company and are likely not returning phone calls (aka: happily employed elsewhere by now).
I’m not using ignorant as an “insult”, but as a fact of life. When 80% of staff leaves in a month, there’s no way the remaining 20% of that staff can pickup all the pieces. Knowledge will be lost. Hell, in IT, knowledge is lost even under the best of circumstances. People get called in for projects they did 5 to 10 years ago for advice on a regular basis (documentation is nice, but there’s no replacement to just having the programmer who designed the system on speed-dial, somewhere in the firm… to call them when something bad happens). You lose that when 80% of staff is fired and/or quits, doubly-so when they do so before writing all the documents that their replacements will need.
The advertisers are leaving Twixxer, but don’t worry, Elon, the Jews probably won’t replace them.
Just imagine that Twitter (FuckX) becomes the only media site with no ads because no one wants to deal with that trash fire.
Sorry, but there is a bottomless sea of scummy programmatic ads.
You just get the Nike/Apple/Disney ads replaced by crypto/porn/drugs.
Just like every other conservative social network *cough* Truth Social *cough*.
I know another media site with no ads. It’s called Lemmy, it’s a decentralized… Wait a second…
You have been permanently banned from reddit.
Again???
This thing’s probably going to become the social platform of the International Democracy Union and be supported by all the billionaire assholes of the planet.
In other news: water is wet, and this floor appears to be made of floor.
This is the best summary I could come up with:
Though X has still proven itself as the hub for fast-breaking news — as this weekend’s OpenAI drama proved — the nature of its business is still dependent on advertising, which makes up the majority of its revenue.
While brands generally understand the risk of running ads against user-generated content, they don’t typically find themselves in a situation quite like this, she also points out.
But they’re not accustomed to a platform’s owner amplifying misinformation and hate speech, and emboldening conspiracy theorists,” Enberg notes.
Twitter’s influence has always been larger than its user base and ad revenues, and while the platform’s cultural relevance has declined, Musk and X are still very much a major part of public conversation,” she adds.
Ahead of this, X’s ad revenues were already forecast to decline by 54.4% from 2022 to 2023 — a sizable drop for the platform that Musk has now run for roughly one year so far.
Forbes recently reported that top advertising executives have been pressuring Yaccarino to resign, suggesting her own reputation is now at risk as a result of Musk’s actions.
The original article contains 933 words, the summary contains 182 words. Saved 80%. I’m a bot and I’m open source!
