Elon Musk offers to buy Twitter for $54.20 per share.

I was seriously considering a Tesla for my next car, but honestly I'm not going anywhere near that company now.

I wonder what the long-term impact will be to Musk's other ventures.

I propose a new nickname for Musk: Eegah.

MST3K fans know.

So Musk sent his first Twitter email at 230 am, told his remaining ~4k staff they all must work in-office now full-time; the overall economic picture 'is dire;' that Twitter 'will not survive the upcoming economic downturn' unless the business becomes 50% subscription based...

https://twitter.com/hayskali/status/1590729727459086337?s=46&t=Yx-BY9anE_LaZkblLFPiKg

That ought to be good for employee morale!

I sure hope he's right

Strong statement from FTC, following the security and privacy departures at Twitter: "We are tracking recent developments at Twitter with deep concern. No CEO or company is above the law, and companies must follow our consent decrees."

"Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them.”

https://twitter.com/cat_zakrzewski/status/1590749773619171328?s=46&t=Yx-BY9anE_LaZkblLFPiKg

Seriously, this is just like if Twitter were run by a TK/4chan nitwit.

NEW: A senior member of Twitter’s legal team just posted this message in Slack:“Everyone should know that our CISO, Chief Privacy Officer and Chief Compliance Officer ALL resigned last night. This news will be buried in the return-to-office drama. I believe that is intentional.”

“Twitter is a remote-first workplace, and has operated as such for years. It is a fundamental change to our employment contracts to require a 40hr a week in-office requirement. I do not, personally, believe that Twitter employees have an obligation to return to office.”

“I also remind all Tweeps (at least in the US) that we have an unlimited PTO policy. All Tweeps are able to take PTO. Perhaps today is a good day to take some rest and recharge.”

“Over the last 2 weeks, Elon has shown that he cares only about recouping the losses he’s incurring as a result of failing to get out of his binding obligation to buy Twitter. He chose to enter into the agreement! All of us are being put through this as a result of his choices”

“Elon has shown that his only priority with Twitter users is how to monetize them. I do not believe he cares about the human rights activists, the dissidents, our users in un-monetizable regions, and all the other users who have made Twitter a global town square”

https://twitter.com/zoeschiffer/status/1590744874483339264?s=46&t=Yx-BY9anE_LaZkblLFPiKg

$8chan is what all the kids are calling it…

Well, with all the advertisers leaving, he’s well on the way to that 50%.

https://www.theverge.com/2022/11/10/23451198/twitter-ftc-elon-musk-lawyer-changes-fine-warning

https://twitter.com/ZoeSchiffer/status/1590812793787518977

I'm downloading an archive of my Twitter data. I'm not sure Twitter will still exist as a going concern in the new year.

Manga Creator Demands Elon Musk Pay Him One Billion Dollars For Posting Cringe Meme

elon basically forcing brands to tweet things like "we're sorry you ever thought insulin could be free," incredible scenes. elon has created a system where you can pay $8 to publicly humiliate multibillion-dollar companies, what a time to be alive

https://twitter.com/hardin/status/1590826099063209984?s=20&t=bHTU1qooZLf9j01mo7ToBg

Came here to post about this.

Spokesperson for pharmaceutical giant Eli Lilly says they're in communication with Twitter to address the fake-but-verified Eli Lilly tweet that has been up for three hours and has 1,500 retweets and 10,000 likes wapo.st/3UrrHSs



https://twitter.com/drewharwell/status/1590822878274097152?s=46&t=Yx-BY9anE_LaZkblLFPiKg

https://www.theinformation.com/articles/musk-warns-twitter-may-lose-billions-next-year

Or you own a social media platform.

And if Frum had listened to his dad, he might not have been so supportive of invading Iraq.

Twitter Buyout Loans Get Bid at 60 Cents as Banks Sound Out Investors

Blue-check bot accounts are appearing. https://twitter.com/conspirator0/status/1590849672574558208?s=20&t=lOi4ZUTRuta16GU4zOBLGg

So much for $8 stopping the bots.

https://twitter.com/elonmusk/status/1590884973535711232?s=46&t=JDOYTV_1msdsNctmzfkKyA

At some point people are going to stop paying $8 for the lulz to make companies look bad. Probably a week? And then where's the revenue going to come from? This isn't QUITE as fast as the Digg 4.0 suicide, but it's pretty close.