Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company's trust and safety teams being crippled, Platformer reported on Saturday.
these kind of shenanigans make me weary of telsas. there's no way elon's antics are contained only in twitter. he has to be cutting corners and making awful grease-fire decisions there, too.
Not saying you're wrong, but Tesla has entire teams of people devoted to managing Elon. Twitter was never structured like that, so the company was directly exposed to his every whim.
Apparently the threshold in the US before courts can appoint a liquidator to take over a corporation following an involuntary bankruptcy petition is debts (with no bona fide dispute about them) totaling US$10,000 or more above the securities the creditors hold.
If there is any truth to all this discussion of Elon Musk arranging that Twitter's debts for rent, cloud services, etc... not be paid, surely it is only a matter of time before creditors file such a petition, and he loses control of Twitter.
You may have mixed up you terminology here. Bankruptcy is something that is filed by a debtor to get protection from creditors. That is, the entity that borrowed is seeking relief from the contract that binds them to repay lenders.
Twitter was the catalyst for some big progressive social movements. I think the ruling class got its money worth out of hamstringing them.
They shouldn't have. Organizers should have just picked up and moved to Mastodon, but of the few of them that I saw scout it, all but one left after a few days because they were totally unwilling to learn new tools.
"We don't have the time for that," they'd said.
They then turned around and turned to Twitter, where they are effectively shadow banned.
Mastodon had a relatively large and active group of users who were there for a certain set of reasons, and those reasons included being hidden away from other people.
They didn't take well to the influx of difference. But then, that influx outnumbered them 4:1 and could have just ignored them.
Here, though, the influx outnumbered the existing user base by several thousand to one, and no thought has been given to whether anyone should care about lemmygrad. They can, and will, continue to do their own thing.
Since Musk's acquisition, Twitter has cut costs dramatically and laid off thousands of employees. Musk ordered the company to cut infrastructure costs, such as spending on cloud services, by $1 billion, a source had told Reuters in November.
Can Elon keep Twitter afloat with all the money it's been losing?
I don't see how. It's possible to block most ads you see on the platform and there aren't enough companies advertising to replace them so you end up with a mostly ad-free feed.
The point is to kill Twitter. Elon Musk is beholden to the Saudis with his investment. They used Twitter tracking to find and kill Jamal Khashoggi. What you see happening to Twitter is entirely on purpose, so it can't be used to stir up uprisings again like the Arab Spring in Egypt, or the organization of Hong Kong protesters.
Musk ordered the company to cut infrastructure costs, such as spending on cloud services, by $1 billion, a source had told Reuters in November.
At some point all these numbers seem like magic space money. Not that that's what they spend, but that's what they could reasonably (for whoever's definition thereof) cut?
Sometimes there are inefficiencies. Sometimes you can cut features. But it’s a process that takes time, and has repercussions, and limits. The 1$ Billion mark could come from extensive evaluation of the current infrastructure, but it comes from Elon’s vibes and massive incurred debt from the leveraged acquisition.
Elon thinks that he can use office space and not pay for it. He is delusional. And he knows less about cloud services and code than he knows about leases.
Twitter is still online because providers can’t believe THE AUDACITY, and are hopping they will get paid. Let’s see how long they can justify the hole in the books and keep subsidizing Musk’s House of Hate Speech.
Wonder if Google pulling the plug would affect twitter. Depends on what sorts of things they use it for. Does anyone know if twitter is primarily a Google house?
Now will Google look the other way because of Twitter’s pull like they do with YouTube’s drain or will this lead to further disruption between the two companies?
YouTube is part of Google (Alphabet if you want to use the legal name). It's a much different decision when an unrelated company is using a lot of your resources and not paying for them.
as its contract comes up for renewal this month, which could result in the social media company's trust and safety teams being crippled, Platformer reported on Saturday.