Home Forums Chat Forum Elon Musk

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  • Elon Musk
  • thols2
    Full Member

    thols2
    Full Member

    nickc
    Full Member

    TBH, I’m not certain that the fake accounts on some of those companies wasn’t coordinated action by a group. I mean, not only are they funny, but any campaign that manages to wipe millions of the value of such esteemed corporations as Eli Lilly, Lockheed Martin, Raytheon, Coco Cola is alright by me.

    dantsw13
    Full Member

    …………..as long as your pension fund isn’t invested in them……..

    frankconway
    Free Member

    …or Tesla or Twitter…

    pk13
    Full Member

    No ones pension is in twitter thank God. Not directly anyway via musk’s iffy bank deals maybe?

    doris5000
    Free Member

    There was a funny bit in Matt Levine’s newsletter yesterday explaining how the banks lent Musk 13bn for the Twitter deal, with the intention of selling (some of) the debt on to investors.

    Unfortunately, Musk then spent 6 months going on about how Twitter was a massive fraud full of bots, and since taking ownership, he now keeps saying it’s barely 5 minutes away from bankruptcy and he needs to fire everyone.

    So obviously, no one’s touching the debt with a bargepole and the banks are stuck with it!

    dissonance
    Full Member

    So obviously, no one’s touching the debt with a bargepole and the banks are stuck with it!

    To be fair to Musk the reason he spent the six months badmouthing twitter was because he overpaid just before the markets crashed and so was desperately trying to get out of it/negotiate a lower price. So the banks would have been taking a major hit anyway.
    Admittedly he has changed it from a major hit to a steamroller.

    frogstomp
    Full Member

    Following on from more layoffs amongst moderators.. Twitter engineer calls out Elon Musk for technical BS in unusual career move (and subsequently gets sacked by the big chunk of spam Elon).

    Starting to think he isn’t bothered about the $44bnand just wants to burn it down out of spite / dented ego.

    dissonance
    Full Member

    (and subsequently gets sacked by the big chunk of spam Elon).

    Good to see free speech absolutism in action.

    Starting to think he isn’t bothered about the $44bnand just wants to burn it down out of spite / dented ego.

    He doesnt seem to handle criticism well and I think he confused his echo chamber of fans on twitter with the actual entire twitter userbase.

    nickc
    Full Member

    Test your knowledge!!

    torsoinalake
    Free Member

    Imagine working for this clown.

    chakaping
    Full Member

    Test your knowledge!!

    75%

    I bet some of you can beat that.

    Imagine working for this clown.

    What a ****.

    nickc
    Full Member

    83%

    It’s actually harder than i thought 😂

    kelvin
    Full Member

    92%

    chakaping
    Full Member

    It did occur to me while I was doing it that it could be a trick, and they were all Musk quotes.

    monkeyboyjc
    Full Member

    92%

    The man is on a mission to kill twitter

    molgrips
    Free Member

    I’d like to point out that design is very much part of engineering.

    mogrim
    Full Member

    I’d like to point out that design is very much part of engineering.

    Not really. It needs to be in close contact with the engineers, but at the same time considering aesthetics, usability, marketing,… There’s a reason architecture is separate to civil engineering.

    Mind you, I’m pretty sure Musk was only talking about the arty bit, and hadn’t really stopped to consider how design actually fits in to a successfull software product.

    chakaping
    Full Member

    Product design, software design, graphic design, UX design.

    The word can cover a lot of bases.

    I may not as smart, rich or extremely hardcore as Musk, but I wouldn’t be surprised if I had a better grasp of digital products.

    pk13
    Full Member

    Tbf my company US global affair has just said the same as that email.
    Just worded legally.
    Musk’s still an arsehole

    grahamt1980
    Full Member

    I can see twitter becoming even more of a data mining operation than it already is. And shortly after will be investigated and hit with massive fines by the EU and others.
    Remove all the controls and things will not go well

    DickBarton
    Full Member

    I’m just hoping the cheaper insulin request from the many has been heard by the manufacturers and they do decide to reduce the price to a far smaller number.

    mogrim
    Full Member

    I’m just hoping the cheaper insulin request from the many has been heard by the manufacturers and they do decide to reduce the price to a far smaller number.

    After seeing how Eli Lilly’s share dropped after announcing cheaper prices? Yeah, can sure see that happening…

    DickBarton
    Full Member

    I assumed it was the subsequent fallout rather than the fake account announcement.

    However, I did also think it was fair game for share price to plummet, clearly there are many people making a lot of money out of this.

    mogrim
    Full Member

    Lol, dunno. I assumed it was the other way round!

    willard
    Full Member

    The thing that gets me is how they intend to measure “exceptional”. If everyone is working 12 hours a day six days a week (illegal under EU rules and likely outside of “reasonable overtime” that most contracts I have ever had used) then time at the coalface becomes useless as a metric for measuring people. If your people do burn out, then it’s possible the best ones will just cease to exist in a useful form.

    Lines of code then?

    Security, UX/Design, Testing and Infrastructure may not write as many lines as a developer, but will just as easily (or more so) kill a product if they do not exist.

    So how to measure exceptional?

    TiRed
    Full Member

    That one tweet cost Lilly 6% of their market cap in one day. That’s about $18bn or 40% of what Elon paid for Twitter. Lilly’s ad spending suspension is not an isolated case.

    Novo Nordisk, GSK pause some Twitter ad spending after Musk takeover

    molgrips
    Free Member

    Not really. It needs to be in close contact with the engineers, but at the same time considering aesthetics, usability, marketing,… There’s a reason architecture is separate to civil engineering.

    Usability is the key word there. A perfectly implemented product is worthless if it doesn’t do what people want how they want it done. As for marketing, just as important. You could spend a long time creating the perfect machine for cooking an individual pea and slicing it into segments that costs £999, but no-one would want it so you’d have completely wasted your time.

    Twodogs
    Full Member

    illegal under EU rules

    Not if you sign a form saying you’re opting out of the Working Time Directive…..all entirely voluntarily 🙄

    MSP
    Full Member

    Not if you sign a form saying you’re opting out of the Working Time Directive…..all entirely voluntarily

    iirc the UK was the only country with the individual opt out.

    Twodogs
    Full Member

    Didn’t know that

    chakaping
    Full Member

    Weird headline, for a depressingly predictable story…

    https://www.bbc.co.uk/news/technology-63626769

    dissonance
    Full Member

    A perfectly implemented product is worthless if it doesn’t do what people want how they want it done.

    Although then again thats not always what the design team provides as opposed to whatever is currently trendy/cribbed off Apple. It is a balancing act though between the different disciplines. Giving either the absolute final say is a bad idea.

    As for marketing, just as important.

    TBF that is something he has traditionally been very good at.

    chakaping
    Full Member

    TBF that is something he has traditionally been very good at.

    That BBC story says Twitter doesn’t currently have a comms dept though.

    I’m assuming they’re waiting to hire that guy who worked for Prince Andrew then Liz Truss.

    dissonance
    Full Member

    That BBC story says Twitter doesn’t currently have a comms dept though.

    Tesla hasnt had a PR department for quite some time either. He just spaffs stuff out on twitter and ignores the inconvenient stuff.

    willard
    Full Member

    Apparently Matt Hancock now has a hand in Elon’s downfall:

    https://www.theregister.com/2022/11/17/twitter_refugees_matt_hancock/

    Maybe this should be labelled as mischievous satire…

    Shred
    Free Member

    This would fall outside of the opt-out for the EU time directive.

    EU Working time directive

    A Member State shall have the option not to apply Article 6 [maximum weekly working time], while respecting the general principles of the protection of the safety and health of workers, and provided it takes the necessary measures to ensure that:
    – no employer requires a worker to work more than 48 hours over a seven-day period, calculated as an average for the reference period referred to in point 2 of Article 16(b), unless he has first obtained the worker’s agreement to perform such work;
    – no worker is subjected to any detriment by his employer because he is not willing to give his agreement to perform such work;
    – the employer keeps up-to-date records of all workers who carry out such work;
    – the records are placed at the disposal of the competent authorities, which may, for reasons connected with the safety and/or health of workers, prohibit or restrict the possibility of exceeding the maximum weekly working hours;
    – the employer provides the competent authorities at their request with information on cases in which agreement has been given by workers to perform work exceeding 48 hours over a period of seven days, calculated as an average for the reference period referred to in Article 16(b).

    Are there limits to the opt out?
    • The Directive does not specify limits to the number of working hours the workers can may agree to work through the opt-out…
    • However, there are 2 implicit limits:
    78 hours per week (168 h – 90h of rest)
    • Its application must respect the principles of safety and health of workers => even when workers agree, the competent authorities (labour inspectorate) can intervene preventing them from opting–out for reasons concerned with their safety and health.
    • The Directive also does not specify the reference period over which the workers may agree to work in excess of the 48 hours.
    There are many studies (several by Eurofound) showing the relationship between long working hours, in particular over long periods of time, and outcomes such as more accidents, more mistakes, decreased productivity, more difficulties in work life balance, stress and fatigue, negative impact on health of workers, etc.

    thols2
    Full Member

    Poopscoop
    Full Member

    Twitter offices all closed up till Monday, no reason given.

    https://www.bbc.co.uk/news/business-63672307

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