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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • LuFins DadL LuFins Dad

    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

    Seems like he’s trying to run a tech company like a Victorian cotton mill.

    Somebody has blundered.

    The true believers will love it

    The second string will hate it

    win/win

    I don’t think he’s going to get the people he wants if he forces his employees to come into office.

    The working world has changed.

    And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

    Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote on last edited by Doctor Phibes
    #535

    @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

    Seems like he’s trying to run a tech company like a Victorian cotton mill.

    Somebody has blundered.

    The true believers will love it

    The second string will hate it

    win/win

    I don’t think he’s going to get the people he wants if he forces his employees to come into office.

    The working world has changed.

    And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

    No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

    I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

    You can force people to do something they think is really stupid for a limited time, but not for the long haul.

    I was only joking

    CopperC 1 Reply Last reply
    • jon-nycJ jon-nyc

      Well this really just comes down to him having overpaid. But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

      But it’s certainly a possibility. And I think his ownership is maybe 15B, with another ~15B from other sources (arab sovereign wealth funds and Larry Ellison) and another 13B from banks.

      So he could bail on this and it would cost him <15B since equity holders would get a small piece of the reorganized Twitter.

      AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by
      #536

      @jon-nyc said in Elon Musk buys a big chunk of Twitter:

      But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

      Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

      jon-nycJ 1 Reply Last reply
      • AxtremusA Axtremus

        @jon-nyc said in Elon Musk buys a big chunk of Twitter:

        But I wouldn’t bet on bankruptcy now, I think he’s just trying to get people to take the issues seriously.

        Who would the target audience be for this “Twitter may go bankrupt” messaging? How would this work to Twitter or Musk’s advantage?

        jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by
        #537

        @Axtremus

        Maybe suppliers and employees.

        Maybe co-investors that he might be trying to raise operating funds from.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        AxtremusA 1 Reply Last reply
        • jon-nycJ jon-nyc

          @Axtremus

          Maybe suppliers and employees.

          Maybe co-investors that he might be trying to raise operating funds from.

          AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on last edited by
          #538

          @jon-nyc said in Elon Musk buys a big chunk of Twitter:

          @Axtremus

          Maybe suppliers and employees.

          Maybe co-investors that he might be trying to raise operating funds from.

          Trying to game this out …

          Suppliers — telegraphing bankruptcy is more likely to get the suppliers to tighten credit and shorten payment terms, no? Not advantageous to Twitter.

          Employees — is the objective to get more employees to jump ship on their own (as opposed to laying them off) to save a little bit on layoff expenses? Not clear if this would be an appreciable advantageous to Twitter.

          Co-investors — not clear how it would help to convince investors (be it current or prospective investors) to put more money into a business that is about to go bankrupt. :man-shrugging:

          1 Reply Last reply
          • Doctor PhibesD Doctor Phibes

            @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

            @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

            @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

            Seems like he’s trying to run a tech company like a Victorian cotton mill.

            Somebody has blundered.

            The true believers will love it

            The second string will hate it

            win/win

            I don’t think he’s going to get the people he wants if he forces his employees to come into office.

            The working world has changed.

            And another year of stacking inflation and lower employment prospects will change it again. I’m not saying it will go back to what it was, but the pendulum will swing…

            No, I think the days of folk being told they have to come in 5 days a week are over. It was already changing before the pandemic and that accelerated the process. I work for a much more conservative company than any of the tech places and even we were slowly moving that way.

            I actually quite like going into the office, but more than that I like having the freedom of choice. Elon sounds like a reactionary.

            You can force people to do something they think is really stupid for a limited time, but not for the long haul.

            CopperC Offline
            CopperC Offline
            Copper
            wrote on last edited by
            #539

            @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

            No, I think the days of folk being told they have to come in 5 days a week are over.

            Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

            Doctor PhibesD 1 Reply Last reply
            • CopperC Copper

              @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

              No, I think the days of folk being told they have to come in 5 days a week are over.

              Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

              Doctor PhibesD Offline
              Doctor PhibesD Offline
              Doctor Phibes
              wrote on last edited by
              #540

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

              @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

              No, I think the days of folk being told they have to come in 5 days a week are over.

              Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

              Yes, but we’re talking about Twitter, not bus drivers.

              I was only joking

              Aqua LetiferA JollyJ CopperC 3 Replies Last reply
              • Doctor PhibesD Doctor Phibes

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

                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                No, I think the days of folk being told they have to come in 5 days a week are over.

                Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                Yes, but we’re talking about Twitter, not bus drivers.

                Aqua LetiferA Offline
                Aqua LetiferA Offline
                Aqua Letifer
                wrote on last edited by
                #541

                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                No, I think the days of folk being told they have to come in 5 days a week are over.

                Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                Yes, but we’re talking about Twitter, not bus drivers.

                You can't be all "let the market decide" and at the same time believe in some wooey divide between real work paid in real money and fake work paid in real money where the only difference is in your mind.

                Please love yourself.

                Doctor PhibesD 1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote on last edited by
                  #542

                  So there’s now a big problem with people purchasing blue checks and mimicking verified brands.

                  My guess is they’ll need to include actual verification as part of the purchased blue checks.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on last edited by
                    #543

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by jon-nyc
                      #544

                      099908B0-05CE-4C19-9C75-7491A5F923E4.png

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • Aqua LetiferA Aqua Letifer

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        No, I think the days of folk being told they have to come in 5 days a week are over.

                        Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                        Yes, but we’re talking about Twitter, not bus drivers.

                        You can't be all "let the market decide" and at the same time believe in some wooey divide between real work paid in real money and fake work paid in real money where the only difference is in your mind.

                        Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by Doctor Phibes
                        #545

                        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                        No, I think the days of folk being told they have to come in 5 days a week are over.

                        Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                        Yes, but we’re talking about Twitter, not bus drivers.

                        You can't be all "let the market decide" and at the same time believe in some wooey divide between real work paid in real money and fake work paid in real money where the only difference is in your mind.

                        The world has indeed changed, it’s just that some people are struggling to catch up. I said as much when I tried to catch the bus to the local steel mill this morning. First, there was no bus, and then the steel mill had closed 30 years ago.

                        I was only joking

                        1 Reply Last reply
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #546

                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                          1 Reply Last reply
                          • Doctor PhibesD Offline
                            Doctor PhibesD Offline
                            Doctor Phibes
                            wrote on last edited by
                            #547

                            If they're going to ban everybody who impersonates somebody else, isn't the blue check superfluous?

                            I was only joking

                            George KG 1 Reply Last reply
                            • Doctor PhibesD Doctor Phibes

                              If they're going to ban everybody who impersonates somebody else, isn't the blue check superfluous?

                              George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #548

                              @Doctor-Phibes supposedly, now, if you create a parody account, it has to say "parody" in the name, not just the description.

                              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                              Doctor PhibesD 1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote on last edited by
                                #549

                                Any parody or just mimicry? Does Titania McGrath now have to put parody in the name?

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                Doctor PhibesD 1 Reply Last reply
                                • George KG George K

                                  @Doctor-Phibes supposedly, now, if you create a parody account, it has to say "parody" in the name, not just the description.

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on last edited by
                                  #550

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

                                  @Doctor-Phibes supposedly, now, if you create a parody account, it has to say "parody" in the name, not just the description.

                                  So what happens if I ask them to blue-check my parody account?

                                  86f22668-4d40-47af-b0d9-915582906ca2-image.png

                                  I was only joking

                                  AxtremusA 1 Reply Last reply
                                  • Doctor PhibesD Doctor Phibes

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

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                    No, I think the days of folk being told they have to come in 5 days a week are over.

                                    Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                    Yes, but we’re talking about Twitter, not bus drivers.

                                    JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #551

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                    No, I think the days of folk being told they have to come in 5 days a week are over.

                                    Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                    Yes, but we’re talking about Twitter, not bus drivers.

                                    No, I think LuFin's comment was a little broader. Tech may continue to let folks work from home, but even the fruit company is now making people come into the office a few days of the week. It's very hard to manage some employees remotely, even in tech.

                                    As for the rest of the working world that isn't plopping computer keys most of the day, most of those folks are physically back at work, with more coming back everyday. I think the exception are the people that have figured out the dole allows them to live as comfortably as working their lower pay jobs. As we lurch into recession again, and inflation takes its toll, it will be interesting to see what happens with all classes of workers...

                                    “Cry havoc and let slip the DOGE of war!”

                                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                    Aqua LetiferA 1 Reply Last reply
                                    • jon-nycJ jon-nyc

                                      Any parody or just mimicry? Does Titania McGrath now have to put parody in the name?

                                      Doctor PhibesD Offline
                                      Doctor PhibesD Offline
                                      Doctor Phibes
                                      wrote on last edited by
                                      #552

                                      @jon-nyc said in Elon Musk buys a big chunk of Twitter:

                                      Any parody or just mimicry? Does Titania McGrath now have to put parody in the name?

                                      What happens if I use irony or sarcasm in my posts? Do I need to have somebody walk in front of me waving a big red flag with 'PARODY' written on it, so that everybody realises I'm only joking?

                                      I was only joking

                                      1 Reply Last reply
                                      • JollyJ Jolly

                                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                                        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                        No, I think the days of folk being told they have to come in 5 days a week are over.

                                        Not for those who have real jobs that build things or fix things or who perform some service, surgeons for example or bus drivers.

                                        Yes, but we’re talking about Twitter, not bus drivers.

                                        No, I think LuFin's comment was a little broader. Tech may continue to let folks work from home, but even the fruit company is now making people come into the office a few days of the week. It's very hard to manage some employees remotely, even in tech.

                                        As for the rest of the working world that isn't plopping computer keys most of the day, most of those folks are physically back at work, with more coming back everyday. I think the exception are the people that have figured out the dole allows them to live as comfortably as working their lower pay jobs. As we lurch into recession again, and inflation takes its toll, it will be interesting to see what happens with all classes of workers...

                                        Aqua LetiferA Offline
                                        Aqua LetiferA Offline
                                        Aqua Letifer
                                        wrote on last edited by
                                        #553

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

                                        No, I think LuFin's comment was a little broader. Tech may continue to let folks work from home, but even the fruit company is now making people come into the office a few days of the week. It's very hard to manage some employees remotely, even in tech.

                                        It really isn't, if you know how to manage in this century. Most of the pushback is coming from managerial luddites who should just retire. They're worried about workers running amok because they don't have the skills to manage remote teams, but instead of owning up, they cop excuses and put it on the employees, like all bad managers do.

                                        Please love yourself.

                                        Doctor PhibesD 1 Reply Last reply
                                        • Aqua LetiferA Aqua Letifer

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

                                          No, I think LuFin's comment was a little broader. Tech may continue to let folks work from home, but even the fruit company is now making people come into the office a few days of the week. It's very hard to manage some employees remotely, even in tech.

                                          It really isn't, if you know how to manage in this century. Most of the pushback is coming from managerial luddites who should just retire. They're worried about workers running amok because they don't have the skills to manage remote teams, but instead of owning up, they cop excuses and put it on the employees, like all bad managers do.

                                          Doctor PhibesD Offline
                                          Doctor PhibesD Offline
                                          Doctor Phibes
                                          wrote on last edited by
                                          #554

                                          @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

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

                                          No, I think LuFin's comment was a little broader. Tech may continue to let folks work from home, but even the fruit company is now making people come into the office a few days of the week. It's very hard to manage some employees remotely, even in tech.

                                          It really isn't, if you know how to manage in this century. Most of the pushback is coming from managerial luddites who should just retire. They're worried about workers running amok because they don't have the skills to manage remote teams, but instead of owning up, they cop excuses and put it on the employees, like all bad managers do.

                                          One of my direct reports isn't even on this continent.

                                          We do electrical engineering. Obviously, it's not like that's a real job like mowing the lawn or mixing paint, but since most people who do that are illegal immigrants anyway since Americans are too lazy, I don't see the problem.

                                          Stereotypes are so useful!

                                          I was only joking

                                          Aqua LetiferA AxtremusA 2 Replies Last reply
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