As I understand it, Naomi Osaka had a shit ton of her tennis winnings tied up in FTX, and she's lost it all. I wonder if Brady also drank his own kool-aid.
brady is the type of guy to drink his own cum as a protein shake, what makes you think he wouldn’t also buy into the shit he’s selling
FTX Bankruptcy... very entertaining. https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf The dude who helped figure out Enron, etc, said this is an all-time new low. 4. I have over 40 years of legal and restructuring experience.I have been the Chief Restructuring Officer or Chief Executive Officer in several of the largest corporate failures in history. I have supervised situations involving allegations of criminal activity and malfeasance (Enron). I have supervised situations involving novel financial structures (Enron and Residential Capital) and cross-border asset recovery and maximization (Nortel and Overseas Shipholding).Nearly every situation in which I have been involvedhas been characterized by defects of some sort in internal controls, regulatory compliance, human resources and systems integrity. 5. Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.
How so? They claim it could leave him open to foreign influence...... How? Also, OH NOES!!!?!!!! Other highlights include. Not many people remember him from his days in college, video game binges, and sleeping in a rented office while not coding. Elon's really got to vet these citizen journalist better if he wants to pimp twitter as such.
I think the fact that he has a multi-billion dollar supply chain in China, and that a good chunk of his Twitter takeover was financed by the Saudis, are much more worrying sources of foreign influence than "they could reveal that he's a liar and is roughly the same level of illegal immigrant as the former President's wife."
I am curious from a technical standpoint if Twitter crashes, or when these features stop functioning. I saw a reddit thread that basically was saying a crash needs to happen for executives to understand and value engineering, and if a huge swath of them walk out the door and nothing happens, it could be bad for the industry....the same industry that shed upwards of 20,000 jobs in the past few weeks. I know the trolling fuckery, but has there been any indication of limited functionality or places where it's straight up crashed? Also, I can't image the FCC not getting involved at some point. I think Elon running it into the ground may be on purpose (again, forced to buy). This should seriously inspire a bit of a conversation about the role of labor, viability of unions and why we allowed some rich asshole to run his mouth, buy one of the world's most prominent media companies and fuck it to pieces, essentially abusing the rank and file who built the platform over the past few years in the process. Like...this whole episode should burst the bubble around CEO's, cult or not. I also find it interesting that the European arm of Twitter is able to laugh a lot of this off and keep doing what they were doing, because of the labor laws there.
It's a bullshit theory. Global infrastructure, like Twitter, is not a fridge... it is constantly being monitored and maintained and repaired. No amount of automation will make it a fridge. Failure is not an all or nothing thing... guaranteed shit is already broken or breaking, and it's just adding onto the pile. Death by a thousand cuts. Door badges not working, no ability to run payroll, never mind the actual Twitter app infrastructure. Shit is already degrading, it will just take time for it to become blatantly noticeable to morons like Elon. There will be an irrecoverable exodus of old, smart people that spent 10 years building it. That will never be replaced, especially now that it's a mature, non-public company that can't attract the same level of talent as they used to. There's no way any kind of exec team looks at Twitter and says "hey, we should do what they're doing." As to the other layoffs in the industry, I would say it's more getting rid of bloat, or "irrelevant" staff as they pivot to focus on new things. Look at Meta... they got rid of thousands of people that were focused on their social media side, while maintaining their "metaverse" focused staff... this reflects the general shift away from classic social media usage towards a more AR/VR style of end user interaction with the Internet. Even then, it was only 13% of their staff, they still have 70k people employed there. I know even in my company, while there have been a healthy round of layoffs, it was mostly in areas that just weren't performing or showing the sales/growth that they were hoping for after dumping shit-tons of cash into the attempt. And yet my part of the company is growing like crazy. We have over 1k open headcount that we're looking to hire into. I, personally, have just under 300 open headcount to hire into my group. The news does a really shitty job of reporting on stuff like this... don't always believe the doom and gloom.