Twitter CEO fires two top executives, freezes hiring

Post by numpad0 » Thu, May 12, 2022, 8:02 PM UTC

ilamont wrote: post #262

kyledrake wrote: post #189

I've been using Twitter since it's main novelty was that it was a successful Ruby on Rails app, and honestly I've been trying to figure out where the exit is for my personal use of Twitter lately. If the acquisition goes through, Twitter won't make enough money to service it's debt, and the things they will do to fix that are pretty much guaranteed to lower the quality of the platform, which frankly has never worked…

> I also think the proposal to have Twitter allow all content that is "legal under US law" is a dangerous idea for the platform being a healthy community that most people actually want to participate in. This is key. If @dang suddenly threw up his hands and said "anything goes on HN within U.S. law" this wonderful virtual discussion forum would die and most of us would sign off forever. I say that as someone whose be…

Post by swalsh » Thu, May 12, 2022, 8:03 PM UTC

adventured wrote: post #278

gitfan86 wrote: post #213

Earlier quoted context omitted.

The more likely scenario is that some of the financial backers like Larry Ellison will ask Elon to renegotiate the buyout price due to current market conditions and the deal will fall through.

Twitter is worth a lot less than what it's trading for. Musk's bid is rather idiotically high. Twitter's shareholders will be desperate if they start to see the full mauling that other prominent, hyper overvalued tech stocks have enjoyed lately. They will take a lower offer accordingly, whether that's from Musk or other. The stock is going into the $20s if they don't take an acquisition offer from someone.

Post by johnboiles » Thu, May 12, 2022, 8:04 PM UTC

astrange wrote: post #374

johnboiles wrote: post #217

This is mind boggling to me. Kayvon is one of the best product leaders / visionaries I know. It was confusing to me in Dec that he wasn't Jack's successor. Kayvon was a huge driving force behind all the interesting product efforts of the last few years: Spaces, Fleets, topics, etc. Twitter went from not iterating on product (remember when Twitter's only change in several years was to change the star to a heart?) to s…

Spaces is a good feature. Topics is the worst thing I've been subjected to in my life. I have a second account in Japanese and Topics constantly adds posts about trashy American pop stars I barely know to the feed.

Post by oh_sigh » Thu, May 12, 2022, 8:07 PM UTC

justinator wrote: post #100

oh_sigh wrote: post #81

Earlier quoted context omitted.

What's wrong with firing someone on paternity leave? It's not like he was fired because he was on paternity leave.

Maybe they would like to focus on their newborn, their wife, the new family dynamic - you know: important things - and not some stupid web app - which is what I would assume, since they're on maternity leave in the first place.

Post by SemanticStrengh » Thu, May 12, 2022, 8:07 PM UTC

omgwtfbyobbq wrote: post #430

SemanticStrengh wrote: post #394

Earlier quoted context omitted.

VW will produce more EV next year than tesla (800K)

Hopefully they will produce 800k EVs. In 2020, they produced 263k EVs, so they'll roughly need to triple production. https://www.volkswagenag.com/en/news/2022/01/Volkswagen_doub... Tesla produced 936k cars last year, so VW will probably need to build more than 800k EVs to surpass Tesla in 2022. https://www.caranddriver.com/news/a38657616/tesla-million-ev...