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Twitter CEO fires two top executives, freezes hiring

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Re: Twitter CEO fires two top executives, freezes hiring

#951

Post by KaiserPro »

pessimizer wrote: post #459
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. I'd counter that platforms like Reddit, Youtube, or Facebook grew into institutions with extremely light content moderation, and it's only after they were successful and were targeted by politicians and media panics…

> Facebook grew into institutions with extremely light content moderation

Facebook used to have a strong social cost to being a dick. Then as photos started to explode, they stopped nipples pretty quick.

in 2009 they had a fully formed photos policy and moderation system.

Moderation has been there since the start and its there to stop normal people getting barraged by niples, pictures of dead things, and spam.

Self moderation doesn't really scale when you go over 400 people in a group. After that its drama, then after that it turns into 4chan.

Re: Twitter CEO fires two top executives, freezes hiring

#952

Post by robonerd »

thieving_magpie wrote: post #390
robonerd wrote: post #241

Earlier quoted context omitted.

Yes, I agree. That's probably why hintymad shared the context of not being raised in the US.

The cultural difference doesn't seem like something to "cringe" over. I also don't think the hyperbolic use is restricted to the US. Pretty much any english speaking country will use "insane" to describe something with emphasis. Certainly normal in the UK and Australia.

> I also don't think the hyperbolic use is restricted to the US.

Strictly restricted? Of course not. But for what it's worth I've been told by numerous Europeans that they perceive casually throwing around extreme hyperbole to be characteristically American behavior. I guess it goes with waitresses pretending to love you.

Re: Twitter CEO fires two top executives, freezes hiring

#953

Post by sudosysgen »

zamfi wrote: post #922
sudosysgen wrote: post #673

Earlier quoted context omitted.

By the time Tesla had sold 100,000 Model S cars in the US, Nissan had already sold over 110 000 Leafs. Tesla created the market for high-performance EVs. They did not create the overall EV market. The high-end market is only a small part of the numbers.

The Leaf that Nissan sold while the Model S was Tesla’s only sedan (ie 2012-2017) was not an ICE-equivalent vehicle. It was explicitly a city vehicle with a If “high-performance” means “can handle the daily driving needs of > 50% of the population” then I guess you’re right, Tesla only created that market.

The daily-driving needs of 95% of the population are incompatible with a 100k$ car. The Leaf fit the needs of more people simply by virtue of having an acceptable price.

The Zoe also had a 150km+ effective range, which is more than enough for most people (maybe less so for Americans).

Re: Twitter CEO fires two top executives, freezes hiring

#954

Post by SemanticStrengh »

aaroninsf wrote: post #842
lupire wrote: post #582

Earlier quoted context omitted.

80% of Musk's wealth is either confidence in Tesla's future, or memes, depnding on your perspective. It's not even pretending to be about completed work.

Let's see if TSLA is over 500 two weeks from now...

It's on free fall. Btw I just did an overview of the current EV market and there isn't even one car maker that is able to make them under ~35K$ VW and a few others will sell in huge volume next year (VW 1.2 million in 2023 actually, much more than tesla) but I see currently no validation from the car makers that they will reduce the costs. The main bottleneck is apparently the price of the materials and I don't see why they would get lower considering demand is exploding. That's why I studied the hydrogen market and it looks like a lot of hydrogen cars are coming in the next two years, they will have greater range than EV and to be seen but are likely to be cheaper to significantly cheaper. It's true that the availability of hydrogen is an issue but it will progressively be solved, California is already covered for example. So yeah current bet is the démocratisation of carbon neutral cars in massive volume will be via hydrogen, unless EV materials price find a solution.

Re: Twitter CEO fires two top executives, freezes hiring

#955

Post by ar_lan »

InCityDreams wrote: post #538
ar_lan wrote: post #218

Earlier quoted context omitted.

We get it, you hate America. Just don't come here, we'll be fine without you. :)

Fairly specific anti-American jibe gets translated into "you hate America". Seems you could do with a little more George Carlin in your system. He fucking loved America....apart from the shitty bits that the rest of the world agrees with him about.

It's so lazy to hate America with a jab that is literally not true. If I get fired for going on paternity leave, I'm suing my company, and I will win - even in cRaZy America.

Re: Twitter CEO fires two top executives, freezes hiring

#956

Post by vmception »

seanmcdirmid wrote: post #934
vmception wrote: post #461

Earlier quoted context omitted.

Lack of empathy between wage workers, pitted against other wage workers, perpetuates this. These are people that get taxed at 55% (top california income + top federal income + additional taxes). Not the ones with multiple orders of magnitude more money that get taxed at 4%. Their boat is so similar that its embarrassing for you to fall for the division.

> These are people that get taxed at 55% (top california income + top federal income + additional taxes). Since income taxes are graduated, there is literally no one that pays 55%. Instead, you just approach that rate as your income rises (and never reach it since your front income is taxed at lower rates).

accurate that they are graduated and that it approaches the top tax rates.

you can have many dollars at the top tax rate. wouldn’t recommend.

Re: Twitter CEO fires two top executives, freezes hiring

#958

Post by throwaway92394 »

c-fe wrote: post #880
throwaway92394 wrote: post #242

Earlier quoted context omitted.

If the market was highly/certainly confident the deal was going to go through it would be at ~54.20$ or higher (technically, although not likely much higher). If you're 100% sure the deal goes through then that's essentially a free 6$ per share guaranteed right now.

Out of interest, why higher? Twitter does not pay dividends, and if you discount it to today, the 54,20$ in the future are worth less than 54,20$ today since no interest is paid on these shares? Even when i take inflation into account, the 54,20 have more buying power now than in the future so again I dont see why you would pay more.

Interestingly if the market was 100% sure the deal would go through I'm not really sure how it would work because that would mess up the options chain IV. The main reason would be speculation other's might push it higher before the actual deal. Call hedging will amplify this but it would be weird in this scenario.

EDIT: Actually it could go higher because of people covering cash-covered calls that are exercised or closing shorts that existed before the announcement - see below.

--

It looks like Twitter actually did go higher then 54.20 on April 5th to 54.57~54.92 [1]

The reason why it did IRL is several factors. One is speculation it could go higher due to volatility/inefficiencies. The biggest reason is most likely hedging against sold call options and closing short positions - which are both essentially positions that the deal won't go through. If somebody sold a share of twitter for 50$ thinking it would go back down but now wants out of the position they must buy the share which increases buying pressure and thus the price. Similarly if somebody sold a cash covered call and is exercised or hedge against it to limit losses they must buy shares at the current price (which is 100x per option). Again this increases buying pressure and thus the share price.

I swear there's a few other reasons I can't think of right now. It's basically from market inefficiency factors. Speculation (of the share value not future company value per-se) and hedging are the main ones in this case. In non-acquisition scenarios other factors include portfolio rebalancing, margin-calls, market orders, and poor order-book liquidity.

[1] I'm seeing different numbers from different sources but they're all around there - I'm not sure if they used sale price or the quote price etc, quoting a stock is a whole can of worms in itself.

Disclaimer: I can't claim to be any type of expert - some of this may be incorrect, and I'm a bit rusty

Re: Twitter CEO fires two top executives, freezes hiring

#959

Post by JohnBooty »

dleslie wrote: post #945
JohnBooty wrote: post #859

Earlier quoted context omitted.

> What happens when Elon's "anything under U.S. law" > approach kicks in is toxic behavior and arguments > will get so extreme that it will drive millions > of people away, and those who are left will see > the quality of their feeds decline. Then many of > them will bail, too. But that's contradictory to your claim that Twitter is what you want it to be, based on who you follow, isn't it? What? It's not contradictor…

Or you have a higher tolerance for negativity and hate than I do.

Good point. Although, I don't think it's the case: mine's essentially zero.

Don't misunderstand: I've seen that stuff on Twitter. I've reported a few people. And political topics and other controversial topics are absolutely rife with it. I do not excuse it in any way.

I just find it easy to avoid?

Re: Twitter CEO fires two top executives, freezes hiring

#960

Post by misiti3780 »

ryan_lane wrote: post #790
misiti3780 wrote: post #776

Earlier quoted context omitted.

the animal shit is horrible, i love my pets. i weirdly dont care about hypothetical death threats as much.

You don't care about death threats until they're directed at you, your family, or the pets you love. If you're being dogpiled by extremists, there's a very real possibility that it'll escalate to doxing, swatting, and/or actual attempts. This happens frequently on twitter, even with its attempts at moderation, but it would be considerably worse with no moderation. People making life-sized dolls of you, then filming t…

i agree. if someone did threaten my family and they were serious it would be a problem.
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