Elon Cleaning House

So telling your advertisers to “go f#$@ yourself” wasn’t such a good business move. Who knew?

 

That is some funny shit. “Suing people to like him”. Dude is a nut.

 

GARM, the so-called 'advertising cartel' sued by Elon Musk's X and Rumble, is shutting down

 

“Monopolies” don’t tend to just shut down in one day, but good luck with that lawsuit.

 

Elon's AI Grok is apparently not restricted as much as most other AI to prevent users from creating images of politicians that may be useful for misinformation or other nefarious purposes.

Guy really needs to get a reality check, he is his own worst enemy at this point.

Musk’s New AI Image Generator Immediately Used to Troll Him

 

As a software guy, I believe the question in the long run will be what kind of technical debt they're allowing to accumulate while running a skeleton crew workforce. I'm calling it a skeleton crew because I find it hard to believe that Twitter ever had 5x the workforce it actually needs. I'd also be curious to know how/where those cuts were distributed - dev/technical vs. marketing / corp office.

 

Sure, we can assume Elon doesn't know how to take a company and make it run more efficiently, but as the richest man in the world, he's already proven quite adept at this very thing.

 

Ah yes, the guy who understands software so well he boldly declared he was going to deliver a fleet of fully autonomous robo-taxies in 2018, no 2019, no 2020, no 2021, no 2022, no 2023, no 2024, no 2025...

Elon is a blowhard of a CEO. He is not the hand-on technical genius that many paint him to be. He sets unachievable goals and demands his team go figure it out. And he doesn't fully grasp the technical complexity of what he's asking his teams to produce. Self driving is the clear and obvious example of this...

The one thing I give Elon credit for is his willingness to challenge the thinking of "it's always been done that way".... Sometimes that thinking pays huge dividends - like landing and reusing rockets, a massive innovation that SpaceX has now perfected. Other times it results if questionable decisions - like burying the windshield wiper activation deep in a touchscreen menu instead of a tried-and-true stalk mounted switch.

I have decades of first-hand experience in software development, so I'm not just making stuff up here. Sure - you can cut my team by 80%, and I can still maintain what I have for a while. Where I'd be limited is adding new features and functionality, and keeping my customers happy. What Elon has done here is cut to the bone, and heaped responsibility on the survivors. That can work... for a while. But if you hamstring yourself to the point you can't stay ahead of your competitors with R&D, you introduce a very real risk of losing out in the long term.

 

Yeah, things are going great!

Elon Musk has wiped out 72% of Twitter's value since taking over, Fidelity reveals in new filing

I'll give him credit, he suckered a bunch of financial institutions into taking some of those losses for him.

 

Is he bankrupt yet?

 

Brazil and the EU are not going to tolerate twitter promoting hate and misinformation

sad that they are less willing to tolerate blatant misinformation campaigns than we are

what I don't understand is why there isn't a viable option to twitter that responsible people and companies could migrate to

X shutters operations in Brazil after bitter legal battle over disinformation (msn.com)

Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the platform's rights and responsibilities, owner Elon Musk said on Saturday.
The service will remain available to Brazilian users.

The closure was the apparent culmination of an ongoing legal battle between Musk and Brazilian Supreme Court Judge Alexandre de Moraes, who has said he is trying to fight the spread of dangerous disinformation online.

A post Saturday from X's Global Government Affairs department said Moraes had "threatened our legal representative in Brazil with arrest if we do not comply with his censorship orders."


EU warns Elon Musk ahead of Trump interview to keep hate speech off X (cnbc.com)

• European Commissioner Thierry Breton on Monday warned X owner Elon Musk that the company may face penalties if it doesn’t address the spread of illegal content.
• Breton referred to riots that have taken place in the U.K., triggered by disinformation related to a fatal stabbing attack, as well as a conversation Musk is due to hold with Donald Trump.
• Breton warned Musk that the EU was prepared to “make full use of our toolbox” under the Digital Services Act, including interim measures, to protect EU citizens from “serious harm.”

 

Lol... the Propaganda Pirates here that are hoping Musk and "X" goes down is like watching the sheeple eat the poisoned food they are fed and smile about how good it tastes... fed to them by the MSM.

Yummy... cognitive dissonance is a wonderful way to live free and unburdened of original thought...

 

If you think Musk's politics are helping Tesla, you need to put the crack pipe down and get in rehab....stat. MAGA is not EV friendly and Tesla's target customer is a Dem or Ind.

 

no wonder Musk likes djt, neither one likes to pay their bills

Elon Musk's X is being sued again — this time over $120 million worth of server parts (msn.com)

Taiwanese tech firm Wiwynn is suing the social media giant formerly known as Twitter for $61 million over claims it refused to pay for around $120 million in server parts after Musk took over in 2022.

It adds to the avalanche of lawsuits Musk is still facing over his takeover of X, with numerous former executives also suing the billionaire over millions in unpaid severance.
According to the complaint, filed in the Northern District Court of California last week, Wiwynn claims the company violated a 2014 purchasing agreement to provide Twitter with custom IT products.

The Taiwanese firm says that in November 2022, shortly after Musk dramatically took over the social media giant, Twitter "abruptly stopped" making any payments to Wiwynn and failed to respond to Wiwynn's request for payment for completed products.

The complaint also says that Wiwynn, which makes servers and storage systems for data centers and cloud providers, had amassed $120 million worth of parts to fulfill Twitter's existing orders, under the assumption that Twitter had taken liability for them.

 

Musk is trolling Trump. It’s got to be one of the best pranks of all time.

 

Angling for the VP?

 

Not eligible.

But does beg the question if Trump calls him “my African”.

 

It is now the worst merger-finance deal of the last 15 years for banks.

https://www.wsj.com/tech/elon-musks...-financial-crisis-3f4272cb?st=u8zho21mahna2jc

 

This just came across my news feed today...
As Twitter's Revenue Collapses By 84%, Tesla Bulls Fear Elon Musk Will Liquidate More Tesla Stock, Bringing Its Value Down For Everyone - Benzinga

Apparently, with that skeleton crew, Twitter is suffering from a massive loss of revenue.

2022 Q2: $661M (pre-Musk)
2024 Q2: $114M

He's crushing it alright... that's an 84% drop.

 

Is that profit? Damn, he paid $44 Billion for a company that’s on track to make $0.5 billion/year and declining…