Elon Musk Buys X (formerly Twitter)

[MagnarTheGreat]

Musk falsely thinks he's one of those sovereign citizen weirdos whereby no laws of any countries on the planet apply to him and his businesses (but he'll kindly take taxpayer money and lower taxes to keep his businesses afloat).

Gergely Orosz: "People in Europe received a HR email saying their voluntary resignation has been accepted. However, none of them volunteered to resign. They just did not press 'yes' on a form that made no sense in terms of employment conditions in any way." "Safe to assume Twitter wants to terminate these people. Twitter HR seems to have no interest in understanding how employment regulations work outside the US. They'll likely be in for a more expensive bill coming vs if they took time to understand it."

Los sindicatos, ante los despidos de Twitter en España: "Tendrán que readmitirlos a todos"
(The unions, before the dismissals of Twitter in Spain: "They will have to reinstate them all")
UGT and Comisiones Obreras make themselves available to workers to challenge and denounce the social network, considering that the dismissals, by email, are null and void.

 

[Sithborg]

GDPR compliance stuff hasn't even started to rev up.

 

[MagnarTheGreat]

Kyle Griffin: "NAACP President Derrick Johnson: 'In Elon Musk's Twittersphere, you can incite an insurrection ... and still be allowed to spew hate speech and violent conspiracies on his platform. Any advertiser still funding Twitter should immediately pause all advertising.'"

 

[MagnarTheGreat]

Apple Executive Phil Schiller Deactivates Twitter Account

 

[Sithborg]

And Elon is begging Trump to come back. Not posting the images, because they are of questionable compliance with the forum rules.

 

[MagnarTheGreat]

The Hill - Trump fires back after Musk says it’s time for him to ‘sail into the sunset’ (July 2022)

Both of them are pathetic.

Musk’s ‘chainsaw’ approach to Twitter won't work: Chris Kelly | Fortune

 

[squeekness]

The Hill - Trump fires back after Musk says it’s time for him to ‘sail into the sunset’ (July 2022)

Both of them are pathetic.

Musk’s ‘chainsaw’ approach to Twitter won't work: Chris Kelly | Fortune

Let them eat each other like an older married couple.

 

[MagnarTheGreat]

As Tesla Sinks to 2-Year Lows, This Nasdaq Stock Just Doubled | The Motley Fool

Stereogum - Trent Reznor Is Quitting Twitter: “We Don’t Need The Arrogance Of The Billionaire Class”

 

[Sithborg]

 

[MagnarTheGreat]

Jacob Rubashkin: "Bob Iger just sent a company wide email telling all employees to print out their ten best pages of scripts and bring them to the 15th floor of Disney HQ by 1am for review"

Spoiler: explanation

Platformer - Elon takes over Twitter
NY Times - Disney Brings Back Bob Iger After Ousting Chapek as C.E.O.

Wall Street Journal - How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs
The social-media company is working to bring down expenses as many advertisers pause spending and debt payments loom

 

[MagnarTheGreat]

Looks like Apple has purged its Twitter account.

Edit: apparently they never tweeted anyway?

 

[Lily Adler]

Looks like Apple has purged its Twitter account.

Waiting to see if Google and Microsoft follow suit.

 

[MagnarTheGreat]

The app stores dump apps that don’t directly moderate. It would be selective treatment of Musk not to do the same to his toy website.

Twitter does not directly moderate anymore besides Musk not unbanning people like Alex Jones for mocking him.

 

[Lily Adler]

The app stores dump apps that don’t directly moderate. It would be selective treatment of Musk not to do the same to his toy website.

Twitter does not directly moderate anymore besides Musk not unbanning people like Alex Jones for mocking him.

Oh that would hurt it for sure.

 

[DJ Kornphlake]

 

[MagnarTheGreat]

Gizmodo - Musk Sells Tesla Stock Despite Saying He Wouldn't Sell More (August 2022)
It's a funny coincidence the stock just happened to have recovered from a downturn when Musk sold.

The Verge - Elon Musk says Twitter is done with layoffs and now hiring

 

[squeekness]

Capitalism at its finest. Screwing the little guy.

 

[DJ Kornphlake]

The Verge - Elon Musk says Twitter is done with layoffs and now hiring

I'm sure the doors will be busting open with applicants for those 4,800 empty positions.

 

[Iceman]

Many of the best people for him to hire would be the one’s he already fired and gave severance to. Incoming people would be wary of the volatile and idiotic way Musk has run the company so far.

 

[MagnarTheGreat]

Daily Kos - Employees fired from Twitter's Ghana HQ accuse Musk of trying to ‘silence and intimidate’ them

 

[Sithborg]

Add a lawsuit from the fired German employees to the pile. I do hope he is paying his super legal team.

 

[Sithborg]

Elon Musk's 2022 Wealth Loss Exceeds $100 Billion for First Time

I'm just going to be over here in a corner dying of laughter.

 

[MagnarTheGreat]

Sam Bankman-Fried, Elon Musk, and a secret text | Semafor

Elon Musk used Twitter, the platform he now owns, to gleefully mock the meltdown of the crypto exchange FTX. His “bull**** meter was redlining” when he met the crypto exchange’s founder, Sam Bankman-Fried, Musk has said.

But Musk was in a friendlier mood on May 5. Two weeks after clinching a deal to buy Twitter for $44 billion, he texted Bankman-Fried just after midnight and invited him to roll the $100 million stake he had owned for a few months into a privately held Twitter.

The previously unreported message, which was reviewed by Semafor, set in motion a chain of events that has bound the two men, whose companies are both in varying degrees of crisis. Bankman-Fried owns a sizable chunk of a now privately held and debt-laden Twitter. And Musk, who has publicly distanced himself from the crypto impresario since FTX failed earlier this month, now counts him as a financial partner in his effort to remake Twitter.

And Musk was spinning conspiracy theories about FTX recently.

The Daily Beast - Elon Musk Tries Out a New Conspiracy Theory

Musk pulling more Trump moves:

NY Times - As Elon Musk Cuts Costs at Twitter, Some Bills Are Going Unpaid
Mr. Musk and his advisers are examining all types of expenses at Twitter. Some of the social media company’s vendors have gotten stiffed.

 

[MagnarTheGreat]

The Washington Post - Advertisers are dropping Twitter. Musk can’t afford to lose any more.
More than a third of Twitter’s top 100 clients have not advertised on the platform in the past two weeks, data shows

 

[Sithborg]

A key point of that NY Times article.

Its a bold strategy. Lets see how it works out for him.