I think a few things are going on here. He fired the executive staff “with cause” to avoid paying out stock option entitlements that were about to mature. He had texted with a friend before that his plan was to lay off about 75% of the Twitter work force. Now he is setting up “cause” to fire instead of layoff as much staff as possible which will save him from paying out even more upcoming entitlements, and gets out his new monetization strategy.
I am a developer and would never work for Elon, but if I were at Twitter now, I would not quit, not work more than my standard day, and when I was fired (which is probably going to happen even to those willing to work 24/7) file wrongful termination with unemployment, get a lawyer and get the ball rolling on the wrongful termination lawsuit that will be coming. He is so arrogant and out of touch that he thinks he can use shortcuts to get what he wants, no matter who he has to run over in order to do this.
Anyone looking for Twitter alternatives, I highly recommend the massive open source, self run instance, Federated universe known as Mastodon.
If Musk is looking to monetize his user base/livestock for advertising and/or some new cryptocurrency (Musk Coin) or payment system strategy (Musk Pay) it does make sense he'd want to make sure his livestock is legitimate. No one is going to pay to push ads to bots or try to take a cut of payments from livestock that doesn't own a credit card or have a credit rating.
I still don't think Musk would lay out all that cash just to obtain god credentials over all Twitter content, moderation, and operations. It would make Twitter some sort of perverse Sims simulation game but with real humans, where he can add and delete "players" at will, change the rules whenever he wants to, and create his own little world in his own image.
I’ll be quiet quitting Twitter for the foreseeable future. Deleted the app but not my account, stepping away until the dust settles. It’s not like anyone really needs social media.
Musk isn't stupid. If someone would come out ahead of all this, it would be him.
The responses here are really quite arrogant. If he does in fact come out ahead, it will only prove that the folks here are about as clueless as a bag of dirt in how to run a business. Whether you love or hate Tesla, considering the success he had from Tesla to SpaceX, I'd wager my money on him anytime compared to the clueless armchair-CEO's here.
I think a few things are going on here. He fired the executive staff “with cause” to avoid paying out stock option entitlements that were about to mature. He had texted with a friend before that his plan was to lay off about 75% of the Twitter work force. Now he is setting up “cause” to fire instead of layoff as much staff as possible which will save him from paying out even more upcoming entitlements, and gets out his new monetization strategy.
I am a developer and would never work for Elon, but if I were at Twitter now, I would not quit, not work more than my standard day, and when I was fired (which is probably going to happen even to those willing to work 24/7) file wrongful termination with unemployment, get a lawyer and get the ball rolling on the wrongful termination lawsuit that will be coming. He is so arrogant and out of touch that he thinks he can use shortcuts to get what he wants, no matter who he has to run over in order to do this.
Anyone looking for Twitter alternatives, I highly recommend the massive open source, self run instance, Federated universe known as Mastodon.
I'm so glad to see so many AI users having better business ideas that the richest man in the world... BTW, how are your twitters doing?
I have always admired Louis Vuitton for making their dumb shoppers pay a huge load of money for a LV "blue" badge; why would twitter's blue badge be any different?
I think a few things are going on here. He fired the executive staff “with cause” to avoid paying out stock option entitlements that were about to mature. He had texted with a friend before that his plan was to lay off about 75% of the Twitter work force. Now he is setting up “cause” to fire instead of layoff as much staff as possible which will save him from paying out even more upcoming entitlements, and gets out his new monetization strategy.
I am a developer and would never work for Elon, but if I were at Twitter now, I would not quit, not work more than my standard day, and when I was fired (which is probably going to happen even to those willing to work 24/7) file wrongful termination with unemployment, get a lawyer and get the ball rolling on the wrongful termination lawsuit that will be coming. He is so arrogant and out of touch that he thinks he can use shortcuts to get what he wants, no matter who he has to run over in order to do this.
Anyone looking for Twitter alternatives, I highly recommend the massive open source, self run instance, Federated universe known as Mastodon.
California is an at-will state.
"At will" doesn't mean that wrongful termination doesn't apply.
Not everyone needs verification. Verification is for those that are celebrities, politicians, etc, where it's likely that others would create accounts to pretend to be them. For these people, $20/month is very little money.
What this does is make it a financial burden to scam the verification system for someone that figured out how to trick the verification process. Now that 'fake' account you create requires a payment which then creates more of a paper trail as to who is behind the fake account.
Makes total sense.
Which means the platform created it to stop them being accused of materially benefiting from the scam. Now they want to charge for the tick it starts to seem like a protection racket.
More so now the price has dropped to $8. A shake-down to see what the market will tolerate.
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I still don't think Musk would lay out all that cash just to obtain god credentials over all Twitter content, moderation, and operations. It would make Twitter some sort of perverse Sims simulation game but with real humans, where he can add and delete "players" at will, change the rules whenever he wants to, and create his own little world in his own image.
BTW, how are your twitters doing?
I have always admired Louis Vuitton for making their dumb shoppers pay a huge load of money for a LV "blue" badge; why would twitter's blue badge be any different?
"At will" doesn't mean that wrongful termination doesn't apply.
More so now the price has dropped to $8. A shake-down to see what the market will tolerate.