3 ms·

Crazy to watch Twitter being built and scaled back in the Ruby days and now effectively destroyed.

by jwmoz 4y ago

realjhol 4y ago
It works fine though
- top_sigrid 4y ago
  Does it? Besides numerous malfunctions over the last months one current example is that I can see posts of accounts that I blocked or that blocked me in my feed, which I have seen reported by others aswell. This is _basic_ functionality.
  - realjhol 4y ago
    The claim was that Twitter would experience some kind of total collapse- that Musk had no choice but to capitulate to demands of a disgruntled work force, many of whom were incensed that the platform would no long actively censor the speech of huge numbers of people. As it turns out Musk mostly didn't need them, and firing them didn't harm his interests to any tangible degree.
    - anigbrowl 4y ago
      No it wasn't. And if Musk's actions aren't harming his interests, that's only because he says he doesn't mind losing ~$20 billion. I do not believe that he is going to be able to grow it into a $200 billion company on the back of frog Twitter.
      - realjhol 4y ago
        None of this about money, though is it. It's about control. The ones who are most upset about this have an ideology that is a house of cards that has to be shielded from all interrogation, mocking and critique, lest it implode under the weight of its own internal inconsistencies. These people know very well how to distinguish friend and enemy, and Elon is decidedly not a friend. To lose this castle to an enemy like Musk is a huge problem for them because of its strategic importance, hence the fire-storm of consternation. In the wider world, the ones who are upset about this are vastly outnumbered by those who just want to have fun and express themselves on the Internet, so if Twitter can become that kind of a place it will do very well.
  - saltminer 4y ago
    Twitter search is also a total crapshoot now. Some days it returns zero results, some days it returns completely irrelevant results that match none of my filters, and once in a blue moon it seems to work properly, but unless I want to browse every Tweet an account has ever made, I have no way to confirm it's working.
- anigbrowl 4y ago
  The other day reply indicators on tweets just disappeared. This makes threaded conversations harder to read, and allows for all sorts of abuses. For example, a common trolling tactic is to block someone, unblock them and post a mean or disagreeable comment, and then immediately block them again, and to do this repeatedly. The target can't see who is clogging up the conversation with BS, while the unblock-tweet-block cycle is very little extra work for the troll.
shanebellone 4y ago
If Twitter went bankrupt, could Elon buy its intellectual property at auction for a discount to effectively reduce his acquisition price? Or is the majority of debt tied to Musk personally? I'm not a Musk fan but if this play is in the cards, his actions could be rational.
- IceWreck 4y ago
  I dont know how it works but there must be some way to prevent that. Otherwise poeple would just - buy 51 % stake - run the company into the ground - announce its bankrupt - at the auction buy back IP for pennies on the dollar - start new company with previous IP, same domain name, same servers etc Also if there was an auction, what prevents Google, Meta, MS, Amazon, etc from buying the IP instead.
  - shanebellone 4y ago
    https://en.wikipedia.org/wiki/Corporate_raid https://en.wikipedia.org/wiki/Corporate_raid
- grumple 4y ago
  Creditors should have the right to any assets, including any IP.
- tcmart14 4y ago
  I could be missing some details here, but when he bought it and took it private, doesn't he already technically own all of Twitter's IP? So he would crash his company to buy back his own IP from himself at a discounted rate?
  - shanebellone 4y ago
    If the business failed, IP would be sold to satisfy creditors. If you bought a widget for $100, but financed $50 of the purchase, you've effectively spent $50. If you then go bankrupt, buy that something back at auction for $10, you've reduced your cost from $100 ($50 + $50 of debt) to $60 ($50 + $10) after defaulting on the debt.

Crazy to watch Twitter being built and scaled back in the Ruby days and now effectively destroyed.

by jwmoz 4y ago

Crazy to watch Twitter being built and scaled back in the Ruby days and now effectively destroyed.

realjhol 4y ago

It works fine though

top_sigrid 4y ago
Does it? Besides numerous malfunctions over the last months one current example is that I can see posts of accounts that I blocked or that blocked me in my feed, which I have seen reported by others aswell. This is _basic_ functionality.
- realjhol 4y ago
  The claim was that Twitter would experience some kind of total collapse- that Musk had no choice but to capitulate to demands of a disgruntled work force, many of whom were incensed that the platform would no long actively censor the speech of huge numbers of people. As it turns out Musk mostly didn't need them, and firing them didn't harm his interests to any tangible degree.
  - anigbrowl 4y ago
    No it wasn't. And if Musk's actions aren't harming his interests, that's only because he says he doesn't mind losing ~$20 billion. I do not believe that he is going to be able to grow it into a $200 billion company on the back of frog Twitter.
    - realjhol 4y ago
      None of this about money, though is it. It's about control. The ones who are most upset about this have an ideology that is a house of cards that has to be shielded from all interrogation, mocking and critique, lest it implode under the weight of its own internal inconsistencies. These people know very well how to distinguish friend and enemy, and Elon is decidedly not a friend. To lose this castle to an enemy like Musk is a huge problem for them because of its strategic importance, hence the fire-storm of consternation. In the wider world, the ones who are upset about this are vastly outnumbered by those who just want to have fun and express themselves on the Internet, so if Twitter can become that kind of a place it will do very well.
- saltminer 4y ago
  Twitter search is also a total crapshoot now. Some days it returns zero results, some days it returns completely irrelevant results that match none of my filters, and once in a blue moon it seems to work properly, but unless I want to browse every Tweet an account has ever made, I have no way to confirm it's working.
anigbrowl 4y ago
The other day reply indicators on tweets just disappeared. This makes threaded conversations harder to read, and allows for all sorts of abuses. For example, a common trolling tactic is to block someone, unblock them and post a mean or disagreeable comment, and then immediately block them again, and to do this repeatedly. The target can't see who is clogging up the conversation with BS, while the unblock-tweet-block cycle is very little extra work for the troll.

shanebellone 4y ago

If Twitter went bankrupt, could Elon buy its intellectual property at auction for a discount to effectively reduce his acquisition price? Or is the majority of debt tied to Musk personally? I'm not a Musk fan but if this play is in the cards, his actions could be rational.

IceWreck 4y ago
I dont know how it works but there must be some way to prevent that. Otherwise poeple would just - buy 51 % stake - run the company into the ground - announce its bankrupt - at the auction buy back IP for pennies on the dollar - start new company with previous IP, same domain name, same servers etc Also if there was an auction, what prevents Google, Meta, MS, Amazon, etc from buying the IP instead.
- shanebellone 4y ago
  https://en.wikipedia.org/wiki/Corporate_raid https://en.wikipedia.org/wiki/Corporate_raid
grumple 4y ago
Creditors should have the right to any assets, including any IP.
tcmart14 4y ago
I could be missing some details here, but when he bought it and took it private, doesn't he already technically own all of Twitter's IP? So he would crash his company to buy back his own IP from himself at a discounted rate?
- shanebellone 4y ago
  If the business failed, IP would be sold to satisfy creditors. If you bought a widget for $100, but financed $50 of the purchase, you've effectively spent $50. If you then go bankrupt, buy that something back at auction for $10, you've reduced your cost from $100 ($50 + $50 of debt) to $60 ($50 + $10) after defaulting on the debt.