You know how everyone (including myself) was joking how removing the headlines from links in tweets was going to bite Elon in the dick? Well it did happen and Elon banned her for something everybody warned him against
I think the paid subscription tiers are really: Useful Idiot, Ratfucker, Terrorist
The University of Ouluâs 6G research group tested the performance of Starlinkâs internet connection in the area between Oulu on Finlandâs northwestern coast and Suomussalmi which sits on the Russian border.
Tesla is planning to build something called âGiga Water Loopâ just outside of Gigafactory Texas
Lead Engineer: Uh, sir⊠Iâm afraid the teamâs consensus is that we wonât be able to make this design work as intendedâŠ
Musk: You incompetent idiots! I gave you a diagram and everything! Now just get back in there and go Beast Mode on it until youâve worked it out!
Honestly, a year or so ago, i might have been tempted into a small monthly fee for some benefits.
Twitter used to be a great way to keep updated on various things, like local/breaking news, artist/youtuber accounts and the like you followâŠ
But now (i deleted my account a few weeks back) Elon would need to pay me to have an account there, itâs gotten that bad
Already covered as such, but this bit is interesting:
Yaccarino is reportedly set to meet with Morgan Stanley, Bank of America, British bank Barclays, Japanese banks MUFG and Mizuho, and French financial institutions BNP Paribas and SociĂ©tĂ© GĂ©nĂ©rale to discuss plans not to leave them in the lurch as the value of Xâs assets have plummeted by two thirds in the past year.
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âShe has to get [Musk] out,â an unnamed banker from one of Xâs lenders told the Financial Times of the future of X. âThey need ad dollars to come back,â the banker said, adding that it wasnât clear whether that would happen as long as Musk kept up his usual inflammatory habits.
With huge interest payments to those banks continuing to come due and Xâs value incredibly unclear - but unlikely to have appreciated - the banks might be getting impatient to see some improvement as Muskâs first year of ownership draws to a close.
You know he effed up when thereâs a ton of people on the left actively cheering on the big banks
i think even if he stopped running twitter ( into the ground ) they still wouldnât be able to stop him from running his mouth. what are they going to do, kick him off his own platform? iâd pay to see it, but it wonât happen.
they had to have known who they were ( ick ) getting into bed with. welcome to the land of consequences i guess
There goes the motivation for any shitposters to post. Iâd say this would be the thing that kills it, but Iâve been saying its death was imminent since I deleted my account last fall when he took over so I donât know anymore.
Archived/not paywalled version:
https://archive.ph/fD4MR
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Because of the shocking deterioration in Xâs finances since Musk took over in October of 2022, the lenders havenât been able to sell the debt to investors as planned, and are stuck holding all of it on their balance sheets, this person explained. The only way theyâll unload the loans is by accepting deep discounts from such possible buyers as hedge funds and other customers for distressed assets. To fortify their position, Morgan Stanley, Barclays, and Bank of America, lenders that combined furnished almost 70% of the financing, have agreed to whatâs known as a joint âsell-down letterâ that expires on Jan. 15, the source told Fortune . Though all three banks declined to comment, and the exact details of the arrangement arenât known, sell-down letters typically require that if one bank receives an offer for its loans, it canât accept without giving the other members the right to the same deal on a pro rata basis.
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In a recent story, this writer speculated that Elon Musk himself is in a powerful position to purchase a big chunk of the debt pile thatâs haunting X at a sharp markdown, or securing a solution where the banks simply write off some of the loans, a move that would improve Xâs standing, enabling them to safely syndicate the rest.
We donât know Muskâs next move. We do know that the information drought makes it tough for his lenders to sell to anyone else.
If this is Muskâs âplanâ and he comes even close to pulling it off, Twitter will be all that he has in a couple of years. Because the banks will make sure that he is kicked out of Tesla, Space-X and any other financially promising venture.
Banks will put up with pretty much anything from bad puns to outright genocide as long as there is money in it for them. Losing money and bruised egos at the C-suite level? Not so much.
The drinking milk thing made me think or Mr Strange, and there is no possible way anyone could read that as a positive thing.
ah yes. is it hate, bigotry, doxing, verbal abuse, and threats, or is it âprovocative free speech.â god, i wish america ( and its media ) could move past this insane framing