They only need to increase that by 20 some times to be able to make the interest payment. Should be easy for a genius like Elon. (/s)
Rest of World also had this article on the 20th.
āElon Muskās arrival has meant changes that have rehabilitated polarizing, insidious and hate-spreading discourses [on Twitter],ā Rafael Morales, associate researcher at UNAM Civic Innovation Lab, a public policy research laboratory in the National Autonomous University of Mexico, told Rest of World. He worries that, as Twitter becomes more permissive of hate speech, the increased criticism against it has ended up inadvertently amplifying it.
āThereās always a risk that when you say you hate hate-speech, you become a magnifier of the thing you hate,ā said Prudencio.
How are things going with that $44 billion investment?
And chances are thatās still optimistic.
ETA: And it looks like my bankruptcy prediction was wrong. I thought heād file before these grants.
Honestly, I think heās going to end up having to be talked down to a 15 billion dollar offering at least. 15 billion to buy with an investor having to spend another 5 billion to put out all of the fires Elon started there and another 2 to 4 billion to doing some serious upgrades for twitter to compete with the upstarts who got started specifically because they smelled blood in the water with how Elon was effing things up.
Itās still going to be quite the task to get the company profitable in 3 to 4 years.
I think itās quite the task to make sure it EXISTS in 3 to 4 years
But not the ranking stuff that Elon promised? Figures.
Not paying severance will have zero consequences.
The executive who spoke with the NYT are primarily concerned that revelations gleaned from the stolen code could empower future hacking efforts, either by revealing new exploits or allowing bad actors to access Twitter user data.
Those new API pricing plans are going well.
More seriously, David Pierce at The Verge linked to the DMCA takedown request. It looks like the account wasnāt active until January. Seems this wasnāt one of the accounts the company had been using which was still controlled by former Twitter developers, reported on in December.
If a source code leak enables access to user data you have some serious endemic problems. Probably ones youād find in due diligence.
āInverse startup??ā Not sure what thatās supposed to mean, but he seems to be admitting that Twitter is currently worth less than half of what he paid for it.
Wouldnāt an āinverse startupā be a shutdown? Seems like Elonās expressing an unusually clear-eyed and honest view of the track Twitter is onā¦
āWeāve generated record inverse profits this quarter with no sign of slowing down!ā
This is like a case study for how to run a company on Bizarroās planet.
But the blame is on the bots, now powered by a new buzzword, of course.
āItās only fine when I do itā is basically the entire code of ethics for the right at this point.