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Is Elon Musk the Liz Truss of media moguls?

https://www.theguardian.com/technology/2022/nov/10/exodus-twitter-elon-musk-possible-bankruptcy
Northwest · M
Musk, yesterday, sent an email to the entire Twitter organization, hinting that they need to work harder, and said that unless they can manage to generate half the revenue from their $96 per year, per account, subscription, the company is not going to survive the upcoming industry downturn.

Only thing is, it's not an upcoming event, we're right smack in the middle of it, with just about every single tech company reducing staff, freezing hiring or resorting to forcing people to leave, as they realized that customers of their products, are cutting back, whether it's advertising, or products.

It's a downward cycle: people are cutting spending, forcing producers to reduce ad spending.

I did not read the article, but the header seems about right.

Today, the entire Twitter security team, including the CIO, resigned in protest, prompting the FTC to start asking questions (the Europeans already started asking questions).

I think he's going to make Truss look good.

As an aside, his Crypto stash, just turned to shit.
Burnley123 · 41-45, M
@Northwest The article I posted says much the same. 👍
Northwest · M
@Burnley123 Sorry, I did not read the article. I have a friend, who, up until the last week of October [b][i][u]was[/u][/i][/b] a Twitter VP.
Burnley123 · 41-45, M
@Northwest Hey, you know the US tech industry, obvs.
CountScrofula · 41-45, M
Hell yeah already talking bankruptcy two weeks after buying it. HE'S A GENIUS ANYONE WITH THAT MUCH MONEY HAS TO BE SMART
Burnley123 · 41-45, M
@CountScrofula Anyone who gets to be British Prime Minister must be....

Oh...
SunshineGirl · 36-40, F
Move fast, break stuff 😞
Burnley123 · 41-45, M
@SunshineGirl Tech disrupters and the new right lolz
Elessar · 26-30, M
This may very well be my favourite comparison of the week 🥇
SW-User
I hope this puts to bed the cult of "we need a Businessman™ for Prezdint!"

But i know it won't
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Burnley123 · 41-45, M
@TheBigMax Yeah but you use the n word. 🙁
Elessar · 26-30, M

 
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