General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA dark side to the Twitter sale we have not considered before
1. Elon Musk set to fire half of Twitter employees
https://www.cbsnews.com/news/elon-musk-3700-twitter-job-cuts-half-of-employees/
2. Elon Musk Says the Quiet Part Out Loud, Tells His Minions to Vote GOP
https://www.cbsnews.com/news/elon-musk-3700-twitter-job-cuts-half-of-employees/
I know we kidded around and were wondering what kind of crazy corporate executive he was, paying double what a company was worth etc etc
But seriously, how much has he been paid to sell out our country? that is the question I have Who is funding the Musk? and why?
kimbutgar
(21,164 posts)How can he be loyal to America when he has dual citizenship?
Thank god he cant run for president!
usonian
(9,817 posts)https://www.nydailynews.com/news/world/ny-elon-musk-twitter-saudi-prince-investors-20221101-szzgo3qoxvhpjmsya5nsq6clxu-story.html
Confirmed by other sources.
Elon Musks Twitter takeover has sparked calls for an investigation into the national security implications raised by the involvement of Saudi Arabia and its prince, Alwaleed bin Talal, whos now the second-largest investor in the now-private social media company.
Musk completed his $44 billion acquisition with the help of bin Talal, founder of Saudi Arabias Kingdom Holding Co., who agreed to roll over his companys existing $1.89 billion stake in the social media platform. Dear friend Chief Twit @elonmusk. Together all the way @Twitter, Prince Alwaleed tweeted last week.
While the Tesla CEO managed to nab several more top investors including Twitters former CEO, Jack Dorsey, Larry Ellison, the co-founder of software company Oracle, and the Qatar Investment Authority its mostly Saudi Arabias participation that has sparked worry from some American politicians.
We should be concerned that the Saudis, who have a clear interest in repressing political speech and impacting US politics, are now the second-largest owner of a major social media platform, Sen. Chris Murphy said in a tweet on Monday.
PortTack
(32,778 posts)Walleye
(31,028 posts)Gang
Obeying
Putin.
Walleye
(31,028 posts)pandr32
(11,594 posts)The Saudi prince is now the second largest share/stake holder.
Lithos
(26,403 posts)I do not think Twitter will have much impact for the mid-terms.
And I think that sucking sound you're hearing are advertisers abandoning Twitter in record numbers. Besides not understanding the business model of Twitter, Elon lacks any discipline to run a company like Twitter even if he were being given good advice (which he is not).
There is no way that Twitter will have any relevance other than an echo chamber in a few more months time. Elon is definitely performing an extremely efficient speed run of taking Twitter into the ground.
gratuitous
(82,849 posts)Unfortunately, they can't be sure how their minions voted, thanks to the secret ballot.
Musk will have plenty to worry about from the WARN Act lawsuit he will be facing. Trying to cut costs by cutting staff is another time-honored tactic of the oppressive employer. In the last two years, though, the balance of power has shifted. For decades, too many workers were pursuing too few job openings. Employers could scare employees with the idea that there were a dozen qualified people lined up to do his job for less money. Now, though, there are too many unfilled jobs going begging, and the power is in the employees' hands.
Pursue the WARN Act lawsuit while going to work elsewhere, and pick up a suitable chunk of change somewhere down the line while working at a job you like better and get paid more to do.
Ya done fucked up, Elon.
Sky Jewels
(7,113 posts)There would be a quick collapse of Twitter if some of the biggest names relocated to a better place.