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Author Topic: Where would Twitter go after its takeover by Elon Musk ?  (Read 1176 times)
Cryptock
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November 18, 2022, 11:50:31 PM
 #21

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I guess changing staff is normal and layoff 50% is the point why so many people are offended and irritated. Charging blue tick membership is no big deal but for most people, they'd rather throw 5 or 10 dollars for a cup of coffee than spend $8/month for social media membership.I just don't get it. Too bad that their advertisement system failed so Twitter has to be where it is now. If Elon could not save Twitter in the near future, everything would be going to collapse.

Elon already withdrew that idea, because of all the fake accounts. It was stupid idea for many reasons but mainly for that. Others would be: It was free, there would be opening tor competition that would take the users in for free, one that wouldn't have draconian corporate culture, and one that people and advertisers would happily support. If facebook suddenly turned to paid version, there's no way people would use that anymore. Users rather create telegram/discord groups and chat there. I personally wish that people would just use Reddit instead.

But i believe this won't end, Elon is just acting so erratic that he could just cut his losses, and as he won't be getting back advertisements under his command he could even sell twitter forward or something.

Anyway, this train wreck has been hilarious to watch:



Latest tweet probably sums up how this will go:


Lol - Elon has to be careful while firing all the people
he has to keep some to save his life - haha

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November 18, 2022, 11:56:05 PM
 #22

Elon Musk acquired Twitter about two weeks agao and Twitter has been All the news everywhere. His bold moves of firing a big portion of staff, changing major Twitter features and making more modifications are spurring waves of controversy. His supporters and adversaries are quite in fights. Where will Elon Musk lead Twitter ? Is Twitter heading to a wrong direction ?
I think - things will be better - it is a tough time for the Musk but with the new hiring things will be better soon.

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November 19, 2022, 12:05:36 AM
 #23

Elon Musk acquired Twitter about two weeks agao and Twitter has been All the news everywhere. His bold moves of firing a big portion of staff, changing major Twitter features and making more modifications are spurring waves of controversy. His supporters and adversaries are quite in fights. Where will Elon Musk lead Twitter ? Is Twitter heading to a wrong direction ?
twitter is in hot waters due to hundreds of resignation if the boss is not right so are the workers

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November 19, 2022, 06:05:22 AM
 #24

Elon Musk acquired Twitter about two weeks agao and Twitter has been All the news everywhere. His bold moves of firing a big portion of staff, changing major Twitter features and making more modifications are spurring waves of controversy. His supporters and adversaries are quite in fights. Where will Elon Musk lead Twitter ? Is Twitter heading to a wrong direction ?

What is happening at Twitter now is expected. You do not expect someone like Elon Musk to spend such a huge amount of cash on an app and not dictate what will happen there or fire some people, especially those who he felt prevented free press. Twitter will be in a better position with Elon running its control than it was. More changes are expected in time to come too.

It's almost inevitable for Elon Musk to be a dictator in some way. To be honest, I don't care whether dictatorship is good or not generally. As long as it does work in its own way, I have no problem. If all the changes have continued in a good way, Twitter will be great.

Personally I m sensing something not too good about the platform after the takeover of Elon Musk, coupled with the news I had he is also planning to charge $8 per month for checkmark on a users profile and this kept me wondering that what if a user fails to subscribe for the next month checkmark or tag what would then happened to their account?
was it to remove the s/m.timesofindia.com/gadgets-news/what-is-twitter-gray-checkmark-official-badge-that-elon-musk-launched-and-scrapped-in-hours/amp_articleshow/95432071.cms]checkmark or what would happen. The social media is not too pleasing to deal with present and I have not been on it for long now and there are two things involved either he faces to lose more users everyday by day or he also sells back to the previous owner due to mismanagement and poor planning coupled with sacking the previous staffs.

Not sure about the authentic number of users lost every day but your second guess is somehow happening in another way. Couple of days ago after he fired some key management/engineering staff, he rehired Ligma & Johnson saying that he actuallly made a great mistake. I gusss some work has to be done by guys like Ligma & Johnson, huh ?


-cut-
I guess changing staff is normal and layoff 50% is the point why so many people are offended and irritated. Charging blue tick membership is no big deal but for most people, they'd rather throw 5 or 10 dollars for a cup of coffee than spend $8/month for social media membership.I just don't get it. Too bad that their advertisement system failed so Twitter has to be where it is now. If Elon could not save Twitter in the near future, everything would be going to collapse.

Elon already withdrew that idea, because of all the fake accounts. It was stupid idea for many reasons but mainly for that. Others would be: It was free, there would be opening tor competition that would take the users in for free, one that wouldn't have draconian corporate culture, and one that people and advertisers would happily support. If facebook suddenly turned to paid version, there's no way people would use that anymore. Users rather create telegram/discord groups and chat there. I personally wish that people would just use Reddit instead.

But i believe this won't end, Elon is just acting so erratic that he could just cut his losses, and as he won't be getting back advertisements under his command he could even sell twitter forward or something.

Anyway, this train wreck has been hilarious to watch:



Latest tweet probably sums up how this will go:



Paid membership is controversial and I can understand this but firing & rehiring staff is so much annoying. I think nobody would ever be willing to get two surprising calls in a day !!



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November 19, 2022, 06:37:08 AM
 #25


What is happening at Twitter now is expected. You do not expect someone like Elon Musk to spend such a huge amount of cash on an app and not dictate what will happen there or fire some people, especially those who he felt prevented free press. Twitter will be in a better position with Elon running its control than it was. More changes are expected in time to come too.

It's almost inevitable for Elon Musk to be a dictator in some way. To be honest, I don't care whether dictatorship is good or not generally. As long as it does work in its own way, I have no problem. If all the changes have continued in a good way, Twitter will be great.

Whatever Elon Musk does with Twitter should not be seen as dictatorship. Anyone who feels that it is will only be hurting himself. It is his money and business and he should do whatever it takes to keep it going. If staff feel they are not happy with his decision they can leave on their own or get fired. There is no one that can put that type of cash on an investment and want to be soft with decisions. Businesses are not conducted like that or else it will collapse.

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November 19, 2022, 07:03:23 AM
 #26


What is happening at Twitter now is expected. You do not expect someone like Elon Musk to spend such a huge amount of cash on an app and not dictate what will happen there or fire some people, especially those who he felt prevented free press. Twitter will be in a better position with Elon running its control than it was. More changes are expected in time to come too.

It's almost inevitable for Elon Musk to be a dictator in some way. To be honest, I don't care whether dictatorship is good or not generally. As long as it does work in its own way, I have no problem. If all the changes have continued in a good way, Twitter will be great.

Whatever Elon Musk does with Twitter should not be seen as dictatorship. Anyone who feels that it is will only be hurting himself. It is his money and business and he should do whatever it takes to keep it going. If staff feel they are not happy with his decision they can leave on their own or get fired. There is no one that can put that type of cash on an investment and want to be soft with decisions. Businesses are not conducted like that or else it will collapse.

You are right. Can't say Elon is a dictator. He is just tough to make sure Twitter survives. I would do the same if I were him. Based on what he has achieved on, Tesla, SpaceX, Starlink etc, he has my trust and respect. Let's just wait for another positive outcome.
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November 19, 2022, 08:41:32 AM
 #27

If it's true Elon's losing 4M USD a day, he might file for bankruptcy and the company will collapse within itself soon enough. Problem with twitter is that it couldn't monetize its users to the extent facebook can so he'll have to rely on Twitter blue revenue which is 8 USD/month. Entire company is dependent on whether Twitter blue can generate sufficient revenue. That is to say, twitter is doomed.

If Twitter were only dependent on Twitter blue revenue, it would be still unstable in the long term and of course it's doomed. What if Elon brings more revenue channels and makes the revenues continuous ? It seems like he is doing some experiment on Twitter and we'll have to wait for the final result.

I'm trying to imagine what that would look like but the recent news of the "twitter shutdown" seem very real with staff leaving and the company bleeding money.

Elon continually tweets that Twitter usage is at an all time high -- but those metrics are meaningless if advertisers are dropping twitter. If active users do not contribute to monetization of some sort, twitter's dead.

When I anticipated Twitter's demise, I had not factored in the employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat. I can only assume this will accelerate the downfall.
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November 19, 2022, 01:15:12 PM
 #28

When I anticipated Twitter's demise, I had not factored in the employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat. I can only assume this will accelerate the downfall.

If they haven't been doing actual work then it wouldn't matter if they leave. Have you been reading too much of Elon's self-aggrandizing tweeterage? Now that's a person who needs to "chat" less and work more. Starting from figuring out how a company he paid $40 billion of OPM for actually functions.
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November 19, 2022, 10:45:59 PM
 #29

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Paid membership is controversial and I can understand this but firing & rehiring staff is so much annoying. I think nobody would ever be willing to get two surprising calls in a day !!

It hasn't stopped there. Someone made an exposé about Elon lying about his credentials. Meaning he doesn't have a real degree in physics. That would explain his erratic behaviour and how he avoids explaining most things in public interviews. I've been listening some geniuses and how they dumb down their outbursts to level of a common man and elon doesn't do even that. He doesn't sound like highly educated man. I mean he basically single handedly killed the twitter funding. That's not a genius move.



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November 19, 2022, 11:01:29 PM
 #30

When I anticipated Twitter's demise, I had not factored in the employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat. I can only assume this will accelerate the downfall.

If they haven't been doing actual work then it wouldn't matter if they leave. Have you been reading too much of Elon's self-aggrandizing tweeterage? Now that's a person who needs to "chat" less and work more. Starting from figuring out how a company he paid $40 billion of OPM for actually functions.
Musk reported that after the resignation - Friday was the day when twitter was the most used
There are merits and demerits - but it think Musk will take the twitter to a different level for sure

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November 19, 2022, 11:22:19 PM
 #31

-cut-
Paid membership is controversial and I can understand this but firing & rehiring staff is so much annoying. I think nobody would ever be willing to get two surprising calls in a day !!

It hasn't stopped there. Someone made an exposé about Elon lying about his credentials. Meaning he doesn't have a real degree in physics. That would explain his erratic behaviour and how he avoids explaining most things in public interviews. I've been listening some geniuses and how they dumb down their outbursts to level of a common man and elon doesn't do even that. He doesn't sound like highly educated man. I mean he basically single handedly killed the twitter funding. That's not a genius move.

I think there is a drama in this move as well. The moment musk too over people have switched to Twitter and its the highest in number - also if tesla was a success so will the twitter. Elon will control the future of communication

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November 19, 2022, 11:32:55 PM
Merited by Welsh (1)
 #32

Elon Musk succeeded in laying off thousands of Twitter employees by half, and promised the rest to change the working pattern with additional hours and reduce many privileges. He also made a proposal to sell the verified accounts badge to increase the company's resources.

It is clear here that Elon Musk is really seeking to increase the income of the company in which he paid that huge amount.

Reports indicate that the company has not achieved annual profits since 2010, except for the years 2018 and 2019, and its loss reached one billion and 300 million dollars in 2020. The company was actually losing, and Elon Musk was involved in its purchase if he did not intend to propose amendments in the interest of the company's profits . The old owners of the company were happy with Elon Musk's offer, and when he announced his withdrawal, they sued him, and this proves that the company was not of the size on which its price was evaluated. Now everyone is waiting for the amendments that Musk will add to achieve more profits, because he is still required to pay the interest of the loans he borrowed to complete the deal.
There are one billion and 200 million dollars in annual interest on the loans, which amounted to 36 billion dollars, or almost three quarters of the value of the deal. Elon Musk, no matter how rich he is, will not be able to continue financing a platform that will lose all his life.

R


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November 19, 2022, 11:39:39 PM
 #33

Actually no one can knows it! Even Elon's himself Cheesy If I wasn't wrong he find a solution in amid of an interview and probably he will do it. He can make a decision about new update in a toilet :DJoke aside ofcourse it won't be same as before but he will move it in his businessman way. More profitable, more updates and more WTFs Cheesy
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November 19, 2022, 11:55:12 PM
 #34

Actually no one can knows it! Even Elon's himself Cheesy If I wasn't wrong he find a solution in amid of an interview and probably he will do it. He can make a decision about new update in a toilet :DJoke aside ofcourse it won't be same as before but he will move it in his businessman way. More profitable, more updates and more WTFs Cheesy
twitter will not go anywhere - it will stay there.
Musk was a success in tesla - Musk will be a success in twitter as well. The letter T is his lucky letter Smiley I think he will be able to manage it well.
My good wishes with Elon Musk

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November 20, 2022, 02:01:39 AM
 #35

employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat






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November 20, 2022, 02:28:36 AM
 #36

Orange Hitler's account has been reinstated! They wiped all of his followers through.

https://twitter.com/realdonaldtrump

IIRC Trump said he would stay on Truth Social, but if he wants his Presidential campaign to gain any sort of traction at all, he needs Twitter (which is slightly ironic considering, IMO, he lost the 2020 election due to his rampant unhinged tweets.) He needs to tone just slightly.

...

This person has a fantastic career as a screenwriter ahead of him.



Edit: https://www.sec.gov/Archives/edgar/data/1849635/000119312522150801/d226205ds4.htm

Quote
From December 22, 2021, until the expiration of 18 months thereafter, (the “TMTG Social Media Exclusivity Term”), President Trump has agreed to first channel any and all social media communications and posts coming from his personal profile to the Truth Social platform before posting that same social media communication and/or post to any other social media platform that is not Truth Social (collectively, “Non-TMTG Social Media”) until the expiration of “DJT/TMTG Social Media 6-Hour Exclusive” which means the period commencing when DJT posts any social media communication onto the Truth Social Platform and ending six (6) hours thereafter; provided that he may post social media communications from his personal profile that specifically relates to political messaging, political fundraising or get-out-the vote efforts at any time on any Non-TMTG social media platforms. Unless notice is given, the TMTG Social Media Exclusivity Term extends in perpetuity for additional 180-day terms. In the event of a force majeure as described in the License Agreement that lasts longer than 30 days, President Trump shall have the right to invoke the suspension of the “DJT/TMTG Social Media 6-Hour Exclusive.” If the Social Media Exclusivity Term were to expire but the License Agreement remained in effect, President Trump would be required to post contemporaneously to TruthSocial and Non-TMTG Social Media.
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November 20, 2022, 02:46:42 AM
 #37

Orange Hitler's account has been reinstated! They wiped all of his followers through.

https://twitter.com/realdonaldtrump

IIRC Trump said he would stay on Truth Social, but if he wants his Presidential campaign to gain any sort of traction at all, he needs Twitter (which is slightly ironic considering, IMO, he lost the 2020 election due to his rampant unhinged tweets.) He needs to tone just slightly.

...

This person has a fantastic career as a screenwriter ahead of him.



Edit: https://www.sec.gov/Archives/edgar/data/1849635/000119312522150801/d226205ds4.htm

Quote
From December 22, 2021, until the expiration of 18 months thereafter, (the “TMTG Social Media Exclusivity Term”), President Trump has agreed to first channel any and all social media communications and posts coming from his personal profile to the Truth Social platform before posting that same social media communication and/or post to any other social media platform that is not Truth Social (collectively, “Non-TMTG Social Media”) until the expiration of “DJT/TMTG Social Media 6-Hour Exclusive” which means the period commencing when DJT posts any social media communication onto the Truth Social Platform and ending six (6) hours thereafter; provided that he may post social media communications from his personal profile that specifically relates to political messaging, political fundraising or get-out-the vote efforts at any time on any Non-TMTG social media platforms. Unless notice is given, the TMTG Social Media Exclusivity Term extends in perpetuity for additional 180-day terms. In the event of a force majeure as described in the License Agreement that lasts longer than 30 days, President Trump shall have the right to invoke the suspension of the “DJT/TMTG Social Media 6-Hour Exclusive.” If the Social Media Exclusivity Term were to expire but the License Agreement remained in effect, President Trump would be required to post contemporaneously to TruthSocial and Non-TMTG Social Media.

Lots of people are blaming Musk - but i think people are selfish too. They would only look for money and nothing more nothing less.
When the company is failing people leave and when company is progressing people rush to them - 3/75 engineers have bright future - mark my words. These 3 engineers are smarter than 72 engineers.

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November 20, 2022, 03:24:51 AM
 #38

Orange Hitler's account has been reinstated! They wiped all of his followers through.

https://twitter.com/realdonaldtrump

IIRC Trump said he would stay on Truth Social, but if he wants his Presidential campaign to gain any sort of traction at all, he needs Twitter (which is slightly ironic considering, IMO, he lost the 2020 election due to his rampant unhinged tweets.) He needs to tone just slightly.
I need to block him this time so save my sanity. I was really happy for a long time when i didn't have to see his narisistic twaddle.

Lots of people are blaming Musk - but i think people are selfish too. They would only look for money and nothing more nothing less.
Wait who is selfish in this scenario?

1. People who ask for decent conditions to work under new draconian leadership?

2. Or an erratic new CEO who wants more money but drove out the people who made twitter profitable in the first place?

3. Or users who only wanted an edit button. Not what ever this train wreck is.

When the company is failing people leave and when company is progressing people rush to them - 3/75 engineers have bright future - mark my words. These 3 engineers are smarter than 72 engineers.
Look luck for those 3 engineers doing 75 engineers job Smiley

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November 20, 2022, 03:32:41 AM
 #39

Orange Hitler's account has been reinstated! They wiped all of his followers through.

https://twitter.com/realdonaldtrump

IIRC Trump said he would stay on Truth Social, but if he wants his Presidential campaign to gain any sort of traction at all, he needs Twitter (which is slightly ironic considering, IMO, he lost the 2020 election due to his rampant unhinged tweets.) He needs to tone just slightly.
I need to block him this time so save my sanity. I was really happy for a long time when i didn't have to see his narisistic twaddle.

Lots of people are blaming Musk - but i think people are selfish too. They would only look for money and nothing more nothing less.
Wait who is selfish in this scenario? People who ask for decent conditions to work under new draconian leadership? Or an erratic new CEO who wants more money but drove out the people who made twitter profitable in the first place?

When the company is failing people leave and when company is progressing people rush to them - 3/75 engineers have bright future - mark my words. These 3 engineers are smarter than 72 engineers.
Look luck for those 3 engineers doing 75 engineers job Smiley
People are selfish - that is correct. They would always want to have comfortable environment while the boss does the job of keeping the employee comfortable.
The cycle is strange - but we have to wait and see the fate of these three engineers - maybe they all the tesla soon Smiley sometime patience is rewarded. I am sure the condition are favourable to work at twitter office.

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November 20, 2022, 03:42:30 AM
 #40

Elon Musk succeeded in laying off thousands of Twitter employees by half, and promised the rest to change the working pattern with additional hours and reduce many privileges. He also made a proposal to sell the verified accounts badge to increase the company's resources.

It is clear here that Elon Musk is really seeking to increase the income of the company in which he paid that huge amount.

Reports indicate that the company has not achieved annual profits since 2010, except for the years 2018 and 2019, and its loss reached one billion and 300 million dollars in 2020. The company was actually losing, and Elon Musk was involved in its purchase if he did not intend to propose amendments in the interest of the company's profits . The old owners of the company were happy with Elon Musk's offer, and when he announced his withdrawal, they sued him, and this proves that the company was not of the size on which its price was evaluated. Now everyone is waiting for the amendments that Musk will add to achieve more profits, because he is still required to pay the interest of the loans he borrowed to complete the deal.
There are one billion and 200 million dollars in annual interest on the loans, which amounted to 36 billion dollars, or almost three quarters of the value of the deal. Elon Musk, no matter how rich he is, will not be able to continue financing a platform that will lose all his life.
there is one post I read on twitter which is status of my watsapp too. It reads and I quote
elon musk has been able to successfully run twitter for days with only 50 employees - what the heck were those other 7950 were doing"
Matt Wallace - @mattwallace888
seems like 50 are more power than 7950

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