this post was submitted on 13 Sep 2023
1042 points (95.9% liked)
Technology
59982 readers
2661 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
One day, one of these stunts he pulls is going to end up ruining whatever company he does it in, and I'm all here for it. Though we'll probably never know since he'll just blame it on something / someone else and his little muskettes will follow along.
It’s not one day. It’s happening in the headlines as we watch. Some estimates are that twitter has lost 90% of its value in the (a bit under a full) year since Elmo took over. Post-rebranding, some financial institutions and even one of Musk’s own dumb-ass shoot from the hip tweets puts twitter’s current value at around $4-5B.
Even if that’s low, I think the best case estimate, before rebranding, was sitting around $15B. That’s still a loss of 2/3 value in less than a year (that was in May) and it hasn’t gotten better since the attempted rebrand.
It’s happening, and his incompetence is on full display. He’s even reached the stage of megalomania where he’s blaming the Jews.
No, Elmos own estimates are that it lost 90% of its value, probably lost a lot more.
That’s company’s name? Twitter.
*X
Fucking Apple autocorrected me lol
Even Apple does not agree with their shitty new name. 😄
I respect it enough to call it Xitter. Pronunciation is up to your imagination.
Hey now, you might be on to something here...
Shhh.... don't tell him how this year went. It'll ruin the story.
Looks like he is literally asking for trouble with decisions like that. It’s just a matter of time until he manages to cause a major disaster.