Twitter’s response to a request for comment regarding its Boulder offices was an automatic email with a poop emoji. Twitter CEO Elon Musk tweeted in May that this is the new auto-response for press inquiries.
Wow!
What a save!
Calculated.
$#@%!
The auto response is more eloquent and substantive than anything that would come from Eeyore’s mouth anyway
As you can see, Twitter is now firmly in Act II: ‘Finding Out’
Elon’s next tweet: “Squatters Rights! Very Interesting!! We are looking into it!!”
How much does this dude have to do before everyone sues the pants off of him? We should be past that stage months ago.
The mill of the law turns slowly, but it does mill fine.
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Sued by who? Musk is the only shareholder now. He is doing what the shareholders want.
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He took it private. Bought out all of the shareholders. It’s now all his, to ruin as he pleases.
That’s why he tried so hard to get out of the purchase, by the way. Buying out all of the Twitter shareholders was staggeringly expensive, even by billionaire standards.
Well the sale took twitter private, so Elon is no longer beholdent to share holders. Don’t get me wrong, he is an idiot and definitely deserves this downfall, but he can’t be sued by the shareholders since twitter is now privately owned.
Shareholders are only beholden to the value of their shares. The offer was simply too good to pass.
Now the muskrat is the only shareholder and apparently he’s happier without decorum.
He’s still beholden to the banks that helped fund the purchase and has to make interest payments.
He can just sell some more TSLA …
The banks don’t care how much Twitter is specifically worth, just that they get their money from somewhere. They’ll happily find Musk burning a company down if they’re also confident that he’ll be able to pay off his loans from somewhere else
IIRC, this toxic economic culture was started when Ford decided to pay their employees way more than their competitors, and they were still making bank and still the best in the market. Then a competitor sued them to stop them from paying their employees so well, because the competitors couldn’t (ie wouldn’t) compete with that.
Ford lost the lawsuit on the grounds that they were legally obligated to wring as much money out of their business to earn their shareholders and investors dividends. By paying their employees more, they weren’t paying their investors more. Or some other zero-sum-game nonsense.
Public companies have a duty to protect value for their shareholders, among other obligations. This is actually not an unreasonable rule of thumb, because public companies have a multitude of owners (the shareholders) who can’t always be polled on what the company should do, but one thing they have in common is that they want their investment to make money.
Private companies can do whatever the owner wants. In Twitter’s case, the only other party with standing to sue Musk for destruction of shareholder value is the Saudi sovereign wealth fund (Kingdom Holdings), which declined to relinquish its stake when Musk took Twitter private. The Saudis probably don’t want to raise a public stink (i) it’s a loss of face, and (ii) they have more money than they know what to do with, anyway.
If I just broke contracts left and right, my credit rating would be ruined and I’d struggle to get any more financing. Yet this guy continues to leave a longer trail of financial wreckage behind him with few consequences. Our financial system is broken
The
socialcredit rating system is just for poor Americans. Most people in the world don’t have a credit rating, and neither do rich Americans or big companies.Big companies and even countries very much so have credit ratings. That’s what bond ratings are.
I was a bit puzzled why they would even have a Boulder office, but then again, we are living through a reboot of “The Stand”, so …
i find it fascinating how many rubes seem to idolize self aggrandizers - there are really millions of people in the world who think each of [Elon Musk, Kanye West, Donald Trump, many more] are ‘truly geniuses’ - largely because they keep telling people that they are geniuses (and pay people to repeat the myth).
Maybe I should be more self aggrandizing…
Get out! (╯°□°）╯︵ ┻━┻
Twitter’s response to a request for comment regarding its Boulder offices was an automatic email with a poop emoji. Twitter CEO Elon Musk tweeted in May that this is the new auto-response for press inquiries.
I can’t believe this is real, what an absolute clown show.
That is…childish and unprofessional to say the least.
This is why they are getting fined for more than the company is worth in Germany, they also responded to the German Data Protection Authority’s inquiries with poop emojis.
Oh, wow! I didn’t even hear that particular piece of news. That’s hilarious!
I’m gonna need more popcorn for this.
Because he, the Saudi princes, and the Qatar government didn’t overpay for twitter to be a successful business, but to buy influence and control information.
Lol
Do we know what they offices were used for?
Their Boulder presence was/is mostly people who work on its API.
They should have started charging more for their API usage…
This is hilarious. Fuck musk
This is fricken hilarious 😂😂😂😂
rip twitter
I really don’t feel like it was ever alive.
Depends on your usage. I used it many times to get support for various services I paid for and didn’t get help using the regular channels. A public tweet to the company’s Twitter handle about an issue did wonders. Besides that I used it to follow like minded people in the same hobbies as me. I did nuke my account when Space Karen took over.
Yep, Twitter was the only way I could reliably get info about power outages in my neighborhood. Now I’ll just have to wait patiently for it to come back on… like a caveman
Fire go out. Straps note to pigeon
Have they paid for any of their offices?
Valid question that can be expanded even further. Has Elon paid for… anything?! Last I heard, Google is still waiting on their payment for their cloud services. 😂
Wonder how much of them not just killing the servers is to avoid a monopoly lawsuit/perception.
I’d assume if they (Twitter) were a normal non-social advertising company they’d just cut them off and be done. Granted it’s hard to know how long they haven’t paid, but my guess is basically since Elon took over.
Apparently the contract is up at the end of the month. So google is meeting there end of the deal even if twitter is not meeting theirs.
Heh, if I’m Google I’m just calling it. They have nothing to lose, a single Twitter team is a drop in the bucket for them.
Apparently the parts of Twitter that run on Google Cloud are the parts dealing with safety. moderation, and anti-harassment. Musk loses nothing but Twitter becomes an even worse place than it currently is.
“Won’t have to pay if I get rid of the block function. It’s not harassment if everyone’s being harassed!”
-lil musky, probably
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It’ll only be a week before they kill it again.
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I wish, I really liked G+. My sharing is based on common interests, not relationship.
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Or what if they combine into (Google+Twitter)•Reddit
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If you’re bored and looking for something (un)interesting to read - you can see some of the legal filings surrounding the lawsuit for non-payment of rent on their SF headquarters on this website.
I don’t think they’ve even paid any bills.
I’m assuming you couldn’t get around the paywall, so here you go:
In May, Twitter’s landlord filed a complaint against its tenant Twitter, alleging that the company is behind on rent payments. The landlord is Lot 2 SBO LLC, affiliated with The John Buck Company, a Chicago-based real estate firm.
The complaint alleges that Twitter set up a letter of credit for $968,000 that the landlord could draw upon if the company failed to pay its rent, and the lease agreement said Twitter must replenish that letter of credit within 10 days if that were to happen.
The landlord used the letter of credit toward the unpaid rent this March, according to the complaint, but Twitter failed to restore the letter of credit within 10 days, as outlined in its lease.
Basically yes, non-payment of rent.
