Is Elon Musk’s $45 Billion Investment Going Up in Flames?Posted: 23/03/2023 | Author: Cliff Harrison | Filed under: Big Tech,, News | Tags: Blogging, Boring Company, Boring Company Waste, Elon Musk, Social Media, The Big Tech Tyrants, Twitter, Writer, Writing |Leave a comment
Twitter is currently backlogged for more than a week with massive complaints and appeals of suspension and a multitude of legal problems.
The total collapse of the microblogging platform may be closer than the engineers and former employees predicted.
Not only does Elon Musk have multiple problems at Twitter, but he is also getting backlash from multiple sources, including Texas, a state he moved his operations to after exiling California (until the acquisition of the San Francisco Twitter holdings).
The problems in Texas include Musk’s Boring Company wanting to dump waste into the Colorado River. That has a lot of people up in arms. Residents and officials of Bastrop, Texas wants Musk’s Boring Company to pipe the waste into the public system rather than in the Colorado River. Musk has plans of building futuristic cities in Texas. The heat coming from Bastrop, Texas and even the state, added to the problems up yonder there in San Francisco, could give any man a major headache. If you could only delegate headaches, huh?
THE MUD IS FLYING AT TWITTER
Twitter users are getting right down hostile and violent. Name calling and personal attacks are now the norm, even threats.
Many users are fleeing the site and seeking other avenues for social media, while Elon Musk says Twitter enrollment is growing. The growth may appear to be from new enrollment of hostile users with the only purpose to have a Twitter account is to wage personal attacks on their targets, people of opposite opinions be that about just about anything.
Viewing an extremely large number of accounts, one can find those trolling accounts being new. Having low following, low followers, often single digit, no profile photo and no further identification or information and all with anonymous or fake usernames. Trouble be their names.
14 million Twitter accounts were suspended in ten years, according to an online search. The same search says Twitter has lost more than 1 million users since Musk took over. That’s a lot of revenue dumped like sour milk. Are the remaining Twitter employees that did not get fired sabotaging Elon Musk by suspending his loyal fan base? If so, serious problems, legal, moral, and otherwise are on the horizon. Big Tech can be expensive even if everything goes right. When things go wrong it can drive millions, even billions in the ground. Think My Space and many others that were once on top and now gone. A billion dollar company can vanish overnight, including banks that will soon fold due to people making runs on banks. Twitter is just as vulnerable.
It is becoming such a wide scale problem the Federal government may need to step in which will spark a Twitter War with Musk.
Musk may need to recall some of those employees he fired and that and of itself would create a hostile work environment and leave Musk and Twitter vulnerable to inside sabotage.
As stated in the previous post, Warren Buffet seldom removed key employees or any employees from the companies he acquired, at least not on the onset, while Musk’s massive firing of key people almost immediately, including engineers, may have been the start of digging himself an early grave.
Note: I have been having major problems with what I believer are my browsers. For some reason I can’t leave a like for someone else’s posts. I fixed that, Firefox was blocking a bunch of popups and I guess the like buttons were popups? The Chrome browser will not let me follow and neither will Firefox. Some of you have a following coming since I generally follow back if I am aware of it. I have to shut everything down and try again, maybe another browser. But it could also be anti-virus or any other dang thing, so if you followed me, please be patient, I will try to get back to following you, as well. Thanks!