It's so fucking funny how Twitter and Reddit are imploding on the exact same day lmao.
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Spez did say Musk's Twitter was something to be admired and emulated lol
End-of-quarter. Companies often make decisions quarter by quarter and 6/30 was the last day of Q2.
Is reddit actually imploding or is it just business as usual?
Depends on where you go.
Subs like r/worldnews and r/tech have bottom of the barrel comments, but still manage to get some posts.
r/IAmA had many of the mods leave, so the remaining ones are stopping all "out of Reddit" activities, like recruiting celebrities, verifying identities, and so on. It's pretty much worthless now.
Small niche subs are still working, but the equivalent communities on Lemmy are getting better quality right now.
Im enjoying the shit show Elon is providing. It's definitely entertaining watching a "genius" at work.
I used to work for a local company that sold parts to Tesla. They were a huge nightmare and wouldn’t pay us. I think that is their whole deal. Not paying the small companies.
FUCK them
Unfortunately that sort of behaviour is common in many sectors where large companies subcontract with smaller companies.
The tactic basically created the whole factoring concept (buying invoices, or using invoices as security for a "loan"/credit).
Over here in Sweden it was construction companies that initially fuelled the development, and the large companies basically required very long payment terms (60+ days) from their subcontractors and then waited to the very last day to dispute the invoice by complaining on some part of the work, further delaying payment. A small subcontractor could often not front being out that much money (2+ months of salaries, materials and other operating costs, cost of fighting the dispute etc) and ended up going bust. Enter financial institutions buying (or "lending" with the invoice as security) the invoice, letting the subcontractor get paid immediately, but of course not the full amount since the factoring company wants to profit from the deal. The factoring companies being backed by large financial institutions (banks typically) have enough money that they can sit out those long payment terms and other "bullshit" since they know those large construction companies ARE good for the money they are owed EVENTUALLY.
Still carves into the margins for the small actors.
The Trump playbook.
Don't you know? Paying your bills is woke
"Bills" is now considered a slur on Twitter.
What's up with billionaires and not paying their bills?
I think it’s more that people who tend to be billionaires tend to also be kinda scummy people.
You dont make that kind of money being honest and empathetic. The most honest ppl I know that run businesses are barely paying themselves. There's a reason CEOs have higher than normal representation of psychopaths. It allows them to make the best decisions even if it means running the orphan killing machine 24/7.
I think you mean the "most profitable in the next 3 months on average" decision. It certainly isn't the best decision by any other metric.
Think I got rich by paying people?
This is so much more true than I think most people believe.
My husband and I have a small engine business, and I took a free "community entrepreneur bootcamp" class through the local university this spring in the hope that we might learn something helpful. Instead, I learned fun things like leaning on your customers' fears as a marketing tactic (?? 😔🤦) and that the most prominent local accountant - brought in as an expert speaker by the university! - advises his clients to pay as little as possible as late as possible, and most appallingly, I'm not exaggerating, these are the actual words I heard this man say in front of a room full of people: "if one of your employees gets hurt at your business, it's better for you to stand on their neck until they stop breathing than to call for help, because it's so much easier and cheaper to settle a death claim then an injury." And he actually said that it sounds like he's joking but he's not, this is his understanding of the situation.
I genuinely want to see the best in everyone, and I have never before had the experience of fantasizing about a person's death while they were talking in front of me, and it was abhorrent and awful but also... Wtf? How do we even help someone who sees other people as expendable tools the way this person does?
What can we even do about people who not only don't want to live up to their agreements and commitments, but are just straight up out to fuck everyone else over? How do we help/fix that?
It sounds very similar to when I was in seminary. They literally had classes on how to manipulate your audience. How to “use vocal patterns and body language to make yourself appear more sincere.”
People severely underestimate how many shitty people there are in this world (and even those who appear trustworthy) that would eat your firstborn to increase their net worth if it wasn’t illegal.
I read an article years ago that explained why so many people get "religious" feelings at big revival-type events at Six Flags, Carowinds, etc, even if they're not particularly devout.
There's a thing called respiratory alkalosis (essentially hyperventilation) which makes you light-headed and confused. At it's really easy to trigger by making people stand up quickly, sing really hard, sit back down, stand up and cheer, etc.
I'm not going to claim I know what's happening, but I like the self-DDoSing explanation because it's even funnier
It's ok guys, Elon told his engineers to just rewrite the stack, so all problems will go away!
I think it's probably a combination of self-DDOSing and not paying providers. Which any intelligent experienced dev could've told him, but they all got fired months ago.
Twitter isn’t paying any bills. They have a contract with us as well and haven’t been paying anything for months.
I read that Elon is moving Twitter from Google Cloud over to Oracle Cloud with his buddy Larry Ellison. The rate limiting may be due to this migration.
At this point I have no idea if twitter dying is a planned thing or mismanagement. I made my profile my freshman year of high school and never logged back on. The only thing I'll miss is having a general place for quick updates on projects that I'm keeping an eye on. Guess it's time to fully utilized discord.
Image Transcription: News Article Screenshot:
[A screenshot of a section of an article by the news outlet "Engadget". Text reads as follows.]
More platform instability could be in Twitter's near future. In 2018, Twitter signed a $1 billion contract with Google to host some of its services on the company's Google Cloud servers. [Hyperlink begins] Platformer reports [Hyperlink ends] Twitter recently refused to pay the search giant ahead of the contract's [Highlighted in yellow] June 30th renewal date. [Highlighting ends] Twitter is reportedly rushing to move as many services off of Google's infrastructure before the contract expires, but the effort is "running behind schedule," putting some tools, including Smyte, a platform the company [Hyperlink begins] acquired in 2018 [Hyperlink ends] to bolster its moderation capabilities, in danger of going offline.
^I'm a human volunteer transcribing posts in a format compatible with screen readers, for blind and visually impaired users!^
They paid the google bill. So far it’s the only one I’ve seen them pay and who knows if they’ll continue.
Delicious!
I see that a lot of people complain about reddit, twitter, and whatever mainstream website completely fuck the consumer, but fail to realize one crucial thing. The only time change happens in mob settings is when the pain of no change is greater than the pain of change. I applaud Elon, spez, and who ever else wishes to put there services behind their paywall whether it's an API or just simply viewing tweets. Anyone in the know knows that it's a crock of shit and anyone who isn't is annoyed to the point where change is preferable. The sooner people figure out posting information, entertainment, and other forms of media/knowledge to the benefit of a company is horrendous the better. Now we have the opportunity to get rid of the corporate greed and basically open-source peoples knowledge from around the globe. Although like with reddit, mob mentality poses a real threat to communities like this one, I trust that you all are normal and level headed individuals who can come to disagreements but still respect eachother (as corny as that sounds). I much prefer it over giving more information to companies who use it to profit off of my content, while I receive nothing.
*Edit: Thank you kind stranger for the reddit gold! Glad you spent real hard cash so I can have reddit premium and reddit coins! The lovely people at reddit will be spending your money sitting on a yacht eating grapes in one hand and lobster in the other. I'm sure they are real thankful too! :) *
What can i say ? I just don´t care anymore about twitter. Also any misfortune for space Karen is just a plus at this point
First, watching what's going on with Twitter is like you're in a roundabout and there's a giant car crash right in the middle of the roundabout, and all you need to do is just keep on going around and around and you keep keep on watching it as it keeps getting worse. Lmfao
On the other hand, I can totally understand why he's batting at hornet's nests. He's got to find a way to make that crappy investment somehow profitable. Yeah, you can do whatever you want with unlimited resources, but he's dealing with multiple new realities where Twitter actually needs to figure out how to run as a business instead of as a political charity.