Musk sells Twitter to his own AI company at a loss

[The Black Forrest]

And the question remains. What law did Hunter break?

Doesn't matter. The topic is election interference by Twitter. They interfered. It wasn't the Russians, it was us

Ok. If you want tabloid journalism allowed then call it that.

The majority of people( well from what I seen ); are making it sound like Hunter and the Bidens committed crimes and there is a conspiracy to hide it.

With Trumps loss; what “conspiracies” did Twitter allow to go through on Trump?

[Informed Consent]

Ok. That read like a Fox News talking head story. Seriously; a “real” investigation would not have Sean Hannity references unless Hunter was on and lying about things.

Smells like a Benghazi effort in the making.

Well, it is House Republicans publishing their work on a .gov site, so it is a bit dense compared to AP commentary that is doing its best not to comment on the matter.

[Gravlen]

Well many people are on boards for various reasons. Even getting paid for it. My last company was high tech. There were non-high tech industry people on the board.

The only thing hunter has to sell is his father.

And his experience as a lawyer, his experience with transnational investments, and his experience working on a board of directors.

Convenient of you to simply ignore it, since it's contrary to your preferred narrative.

Still doesn't matter, by suppressing the information American media colluded to interfere with the election. Even if the charges were complete bunk it should not have been suppressed.

US media is always involved in elections. All editorial decisions have an impact.

[The Black Forrest]

Ok. That read like a Fox News talking head story. Seriously; a “real” investigation would not have Sean Hannity references unless Hunter was on and lying about things.

Smells like a Benghazi effort in the making.

Well, it is House Republicans publishing their work on a .gov site, so it is a bit dense compared to AP commentary that is doing its best not to comment on the matter.

Sorry what do you mean by “AP commentary that is doing its best not to comment on the matter?”

[Port Caverton]

Since this is pretty much a thread about Elon at this point, I might as well post this here

Musk’s Neuralink faces federal probe, employee backlash over animal tests

[Mountains and Volcanoes]

Since this is pretty much a thread about Elon at this point, I might as well post this here

Musk’s Neuralink faces federal probe, employee backlash over animal tests

Confirming (what everyone already knows) that Elon is fucking psychopath!

[Reploid Productions]

Since this is pretty much a thread about Elon at this point, I might as well post this here

Musk’s Neuralink faces federal probe, employee backlash over animal tests

Confirming (what everyone already knows) that Elon is fucking psychopath!

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

[American Legionaries]

Confirming (what everyone already knows) that Elon is fucking psychopath!

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

The sheer number of alphabet boys up Musk's ass has to be some sort of record.

[New-Minneapolis]

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

The sheer number of alphabet boys up Musk's ass has to be some sort of record.

“LEAVE ELON ALONE!”

[Ethel mermania]

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

The sheer number of alphabet boys up Musk's ass has to be some sort of record.

When the feds dont like you, it is very easy to make your life miserable

[Valentine Z]

On another note, I do wonder how this will be written in Economics class as what to do, or what not to do.

I mean, I imagine it's up there with that one CEO who flat out told his audience that his company's jewelery are crap (Ratners), or Kodak that refused to get into digital photography until it's too late, or just the internet making some models of industries obsolete, like DVD rentals (I'm not saying they are completely gone, more like a very good chunk of them are gone).

In the same vein, "Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

[Reploid Productions]

On another note, I do wonder how this will be written in Economics class as what to do, or what not to do.

I mean, I imagine it's up there with that one CEO who flat out told his audience that his company's jewelery are crap (Ratners), or Kodak that refused to get into digital photography until it's too late, or just the internet making some models of industries obsolete, like DVD rentals (I'm not saying they are completely gone, more like a very good chunk of them are gone).

In the same vein, "Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

Man, there are going to be entire business and economics post-grad textbooks written about Musk's cavalcade of fuckups.

[American Legionaries]

On another note, I do wonder how this will be written in Economics class as what to do, or what not to do.

I mean, I imagine it's up there with that one CEO who flat out told his audience that his company's jewelery are crap (Ratners), or Kodak that refused to get into digital photography until it's too late, or just the internet making some models of industries obsolete, like DVD rentals (I'm not saying they are completely gone, more like a very good chunk of them are gone).

In the same vein, "Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

Man, there are going to be entire business and economics post-grad textbooks written about Musk's cavalcade of fuckups.

I hope one's actually titled "Musk's Cavalcade of Fuckups"

[Haganham]

"Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

I don't think this will ever be the take. Twitter was failing well before musk, for context, twitter's profits from the last ten years, in millions.

2012 -79
2013 -645
2014 -577
2015 -521
2016 -456
2017 -108
2018 1206
2019 1466
2020 -1136
2021 -221

[Nora Xent]

Twitter will probably not 'die' per se, it will stay around probably but it will have fallen from grace and the majority of the internet will have moved on from it, think Myspace, after all, death is a rare mercy in this kind of thing.

[Nilokeras]

"Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

I don't think this will ever be the take. Twitter was failing well before musk, for context, twitter's profits from the last ten years, in millions.

2012 -79
2013 -645
2014 -577
2015 -521
2016 -456
2017 -108
2018 1206
2019 1466
2020 -1136
2021 -221

Twitter doesn't need to make money in the same way Uber doesn't need to make money - immediate profit isn't the point.

[The Alma Mater]

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

The sheer number of alphabet boys up Musk's ass has to be some sort of record.

Which to his fanboys is evidence he is the Messiah.

[Reploid Productions]

"Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

I don't think this will ever be the take. Twitter was failing well before musk, for context, twitter's profits from the last ten years, in millions.

2012 -79
2013 -645
2014 -577
2015 -521
2016 -456
2017 -108
2018 1206
2019 1466
2020 -1136
2021 -221

Twitter might have been doomed to fail, but it would probably have lasted a lot longer under someone else's leadership. It's the meteoric plummet under Musk's leadership that's going to be studied in the textbooks.

[El Lazaro]

"Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

I don't think this will ever be the take. Twitter was failing well before musk, for context, twitter's profits from the last ten years, in millions.

2012 -79
2013 -645
2014 -577
2015 -521
2016 -456
2017 -108
2018 1206
2019 1466
2020 -1136
2021 -221

The recent years look pretty good given that the pandemic issue of more users and less advertising money to be spent is subsiding.

[Haganham]

Twitter doesn't need to make money in the same way Uber doesn't need to make money - immediate profit isn't the point.

Twitter is at the point where they've got as much of the arket as they're likely to, so yeah, they are at the point where they need to be making a profit. It was this inability to monetize that made a buyout so attractive.

[Emotional Support Crocodile]

I wonder what Twitter did in 2017 that lead to such an explosion of income in 2018?

[Informed Consent]

I wonder what Twitter did in 2017 that lead to such an explosion of income in 2018?

According to Business of Apps, more advertising.

When the feds dont like you, it is very easy to make your life miserable

The trials and tribulations of an AWOL clone trooper.
For those about to egg the face of the emperor, we salute you.

[Mountains and Volcanoes]

The man is definitely badly out of touch with reality for sure, and a raging narcissist on top of it. Sounds like this is just following his normal pattern.

1. Make grandiose/wildly unrealistic promise about company/product.
2. Run face-first into the brick wall of reality with "THIS IS NOT REALISTIC OR FEASIBLE" written on it.
3. Try to ram through to achieve the unrealistic promise anyway by rushing and overworking employees, leading to more fuckups.
4. ???
5. PROFIT!.... maybe
6. Regulating agency goes "Hello there."

I mean, HOW many of his companies are currently under one or more regulatory probes now? Tesla by the DoJ for the autopilot thing, the FTC is making noises in Twitter's general direction, SpaceX has a labor law violation suit heading its way, and now the USDA looking into Neuralink.

The sheer number of alphabet boys up Musk's ass has to be some sort of record.

You mean “rent boys” and meanwhile at the Vatican...

[Mountains and Volcanoes]

On another note, I do wonder how this will be written in Economics class as what to do, or what not to do.

I mean, I imagine it's up there with that one CEO who flat out told his audience that his company's jewelery are crap (Ratners), or Kodak that refused to get into digital photography until it's too late, or just the internet making some models of industries obsolete, like DVD rentals (I'm not saying they are completely gone, more like a very good chunk of them are gone).

In the same vein, "Twitter failed because of the incompetence of the new CEO." Just one of the many ways a company fails.

Same energy...

[Ethel mermania]

Musk says advertisers are coming back to Twitter.

https://www.entrepreneur.com/business-n ... ver/440438

I dont have Twitter, can someone verify?