Elon Musk buys a big chunk of Twitter

[taiwan_girl]

@George-K said in Elon Musk buys a big chunk of Twitter:

Mr. Musk fired Chief Executive Parag Agrawal and Chief Financial Officer Ned Segal after the deal closed, the people said.

And those guys will walk away with millions of USD$ since (I assume) they were let go "without cause". Plus, they don't have to end up working for Mr. Musk. Win-win for them!

[Jolly]

Without cause?

Musk owns the company. He can fire or hire who he chooses...

[taiwan_girl]

@Jolly said in Elon Musk buys a big chunk of Twitter:

Without cause?

Musk owns the company. He can fire or hire who he chooses...

Sorry - it wasn't very clear what I was trying to say. I was trying to say that a lot of executive contracts have a "golden parachute". If you are let for "for cause", you don't get the parachute. However, if you were let go "without cause", you still get your parachute.

[George K]

[jon-nyc]

[Axtremus]

GM temporarily halts paid advertising on Twitter
https://www.reuters.com/technology/gm-temporarily-halts-paid-advertising-twitter-2022-10-28/

Racist tweets quickly surface after Musk closes Twitter deal
https://www.washingtonpost.com/technology/2022/10/28/musk-twitter-racist-posts/

[taiwan_girl]

@taiwan_girl said in Elon Musk buys a big chunk of Twitter:

@Jolly said in Elon Musk buys a big chunk of Twitter:

Without cause?

Musk owns the company. He can fire or hire who he chooses...

Sorry - it wasn't very clear what I was trying to say. I was trying to say that a lot of executive contracts have a "golden parachute". If you are let for "for cause", you don't get the parachute. However, if you were let go "without cause", you still get your parachute.

(https://www.reuters.com/technology/golden-parachutes-3-fired-twitter-executives-worth-122-mln-equilar-2022-10-28/)

[George K]

[George K]

[Mik]

And here comes Bezos trying to hurt Musk.

https://www.msn.com/en-us/news/technology/you-ve-decided-to-quit-twitter-here-s-what-you-can-use-to-replace-it/ar-AA13vObT?ocid=msedgntp&cvid=3f7d32e297b54bce8c896657a7863171

[George K]

@Mik apparently the irony of a billionaire who owns a media enterprise complaining about a billionaire owning a media enterprise is lost on Mr.(I make tourist rockets) Bezos.

[Mik]

H/T Ivorythumper

[Horace]

We'll see how many people actually do end up voting against Twitter with their eyeballs and clicks. My suspicion is that not many will. Because actually the politically directional moderation didn't make the place more attractive, and the lack of it (to whatever extent a change will even be noticeable) won't make it less attractive.

That won't stop the left from writing op-eds about how the place has become a cesspool of hate, replete with references to troll tweets that could just as easily have been culled from Twitter before the Musk takeover. Ax is dutifully reporting such stories to TNCR as we speak.

[LuFins Dad]

LOL, the number of people that I have seen posting on Facebook that they are leaving Twitter is HILARIOUS. I’ve just opened a Twitter account.

[Horace]

It’ll become a guilty pleasure. If any mainstreamer talks about being on Twitter now, they will be extra careful to provide the scaffolding about being careful who they follow and that their feed is sane and sensible.

[Mik]

[George K]

Read the replies.

[George K]

https://amp.tmz.com/2022/10/28/twitter-layoffs-hoax-pranksters-trick-media-outlets-pose-fired-employees-elon-musk/

[Copper]

https://twitter.com/realDonaldTrump

[taiwan_girl]

I think that Elon Musk has kind of "jump the shark". He seemed to used to have quite a bit of respect for his business thinking and "out of the box" thinking.

But to my unsophisticated mind, he seems to have lost that respect. He is Starting to seem like a "caricature ".