Yes. It updates in minutes to hours for most popular sites, especially those likely to be related to current events or trending / viral content like Twitter.
Considering the tweet they quoted is “ProudAmerican”, they’re probably already on it.
Though maybe this Elon:
He’s not so sanguine about what’s going on, he just doesn’t know what the fuck he’s doing and why he’s breaking things.
Except it’ll be the banks (and Saudis) selling it to Yahoo, after Elno can’t keep up with the interest payments and they take possession. (It’ll be interesting to see how they explain losing $10 billion on the deal…)
Here a Toot that shines some light on Elon Musk management*:
https://pleroma.pch.net/objects/5a9bfb64-6589-4e91-a872-c712db161daa
tldr: SpaceX (and supposedly Tesla) has a whole layer of employees dedicated to handling Elon Musk, preventing him to do damage and meanwhile letting him believe he is in charge.
*“Management of” not “management by”
Musk management has its limits, though. He insisted on lighting the world’s biggest spliff on 4/20 and nobody stopped him.
A business forecast to earn $3 Billion this year from advertising, with debt service of $1.2 Billion
Wait…what?
(Surely there’s a typo)
Sounds in the ballpark to me, assuming advertising doesn’t crater more after the last fail. If you were talking about the debt, that honestly seems a bit low, I had heard $1B for interest, but that could be bad memory and/or incorrect article.
That sounds pretty steep, but then, he did borrow the money from bone sharks.
Purportedly they are paying $300 million/quarter. The forecast for revenue was $3B for 2023. He will miss the revenue number. Wonder what the bone saw folks say about the debt.
Also, debts aren’t their only cost. Twitter was veering between a small profit and a small loss per quarter prior to the buyout, primarily on an ad income around the 7 billion mark. Musk massively increased their debt and the repayment schedule on the debt and while he’s slashed costs between firing people and not paying bills, the level of income from Twitter Blue is nowhere near replacing the collapse of their ad revenue. Musk has been claiming they’re more or less breaking even but does anyone actually believe him? He’d be crowing it from the high hills if they were making a profit and there’s no way he’d admit to a loss.
ETA: let’s try that again shall we?
Nothing as majestic as this though:
My mistake.
I was thinking about the original algorithm for google, where it analyzed how many pages linked to the ones being ranked, and i thought it was like google updated almost all of its registers every few days.
$10 billion to eliminate one of the largest platforms for community organization and non-controlled news is, while not a great bargain, probably money well spent for the oligarchy.
That $1.2 Billion is debt service, i.e. the interest he has to pay on it, not the debt itself
Has there been any indication of the required payment on principle, or is this “interest only” deal for a while?
I’ve no idea, I haven’t been following it that closely
That is awesome, and thank you sir!!