The ongoing Elon Twitter saga: "insert demographic" melts down

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Werewolf said:
Presumably a a "premium" check mark that is a different colour/shape.

Apparently the credit agencies aren't happy with Twitter and are downgrading it's rating based largely on "governance issues", the banks that loaned much of the money are expecting to lose a lot of it, one of the biggest advertising agencies is tellings it's customers to hold off placing any more adverts on Twitter, GM have pulled their adverts, and various of the department heads (ones who weren't fired by Musk on day 1) have either been fired or resigned including the head of core technology and safety.

It really does sound like Musk is doing brilliantly and may beat Murdoch and Yahoo in the biggest loss incurred by buying a social media site.
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I need to learn how to short stock...
 
Colonel_Klinck said:
Well America is tearing itself apart, a large chunk of the right is pro Russia in this war and believe the Russian propaganda that Ukraine is full of nazis. The GOP House will likely try and cut aid to Ukraine come January. The Senate Intelligence Committee report said Russia was actively working to help Trump get over the line. They worked with WikiLeaks to release the emails. So I would say they had great success. The fact we aren't aware of exactly what they are doing now doesn't mean they aren't active.

That's great you are taking the memes to pro Russian account in regards to the war. What are you doing with regards to accounts that aren't mentioning Russia and appear to be American of British but are stirring up discontent? The last thing we need is our governments and social media companies to take their eye off the ball and I have no problem with our intelligence services stepping in to stop them.
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So nothing substantial then, what portion of "the right" and how do you attribute that to Russia?

NAFO is a project to take on Russian disinformation and it's working, the supposedly great Russian social media capabilities from Syria etc.. have been rendered useless when it comes to Ukraine as anyone who pops up to spread Russian propaganda gets a mixture of NAFO bonks + narrative torn apart. I'm not sure what you're asking about specifically re: stirring up discontent? Discontent with regards to what exactly?
 
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Sankari said:
Musk has a great new idea, what could possibly go wrong?


No explanation as to how you can prevent someone impersonating you and buying their own blue check.

:confused:
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Well, you could report them for a start, just as you can now, I mean impersonation isn't exactly a new problem, it already happens.

Though if there is some verification aspect to this then it's going to be trickier, I presume they might need to do something about change display names when verified?

It's not like he's released a white paper here, you're responding to a handful of tweets about something in an idea stage highlighting that it isn't fully fleshed out, I'd not expect it to be at this point, he's literally only just taken over.
 
dowie said:
Well, you could report them for a start, just as you can now, I mean impersonation isn't exactly a new problem, it already happens.

Though if there is some verification aspect to this then it's going to be trickier, I presume they might need to do something about change display names when verified?

It's not like he's released a white paper here, you're responding to a handful of tweets about something in an idea stage highlighting that it isn't fully fleshed out, I'd not expect it to be at this point, he's literally only just taken over.
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Maybe he should stop tweeting then and wait until they've fleshed it out to release a full statement?
 
StriderX said:
Maybe he should stop tweeting then and wait until they've fleshed it out to release a full statement?
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Why? What's wrong with announcing some upcoming product features? It just seems like there are so many people salty about this that whatever he announces or says people will be falling over themselves to find some angle to criticise it.
 
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dowie said:
Why? What's wrong with announcing some upcoming product features? It just seems like there are so many people salty about this that whatever he announces or says people will be falling over themselves to find some angle to criticise it.
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It's unprofessional for starters.
 
Colonel_Klinck said:
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LMAO :D

The $12.7bn in debt has been split between a $6.7bn term loan, along with $3bn each of secured bonds and unsecured debt, obligations that are ultimately expected to be financed as fixed-rate bonds.
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I did wonder about this at the start of last month:

dowie said:
Gotta wonder perhaps re: the banks financing part of the deal... did Elon agree to a fixed rate?

Also, Parag might be regretting his tetchy reply to Elon (his parody account below).

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One month on and Parag is gone (apparently for cause) and there is now some info that the Banks might be regretting this deal.

Elon got his financing in place when rates were a bit nicer and tech stocks hadn't taken a dive, bonds have now taken a dive/rates have gone up and tech stocks have taken a dive... those FI salespeople at these banks don't have a good narrative yet to even begin selling bonds on this stuff + they're presumably going to be pricing them rather lower than they'd have liked!
 
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dowie said:
Well, you could report them for a start, just as you can now, I mean impersonation isn't exactly a new problem, it already happens.

Though if there is some verification aspect to this then it's going to be trickier, I presume they might need to do something about change display names when verified?

It's not like he's released a white paper here, you're responding to a handful of tweets about something in an idea stage highlighting that it isn't fully fleshed out, I'd not expect it to be at this point, he's literally only just taken over.
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At the moment Verification is meant by it's very nature to mean that you're who you say you are and the spammers/bots can't get it...

When you make it something you can buy you basically do away with that level of checking/first hurdle.

This is all stuff that someone who was serious and understood the business maybe should have done before splashing out tens of billions on it?
This certainly isn't sounding like some sort of really well thought out and planned business deal where the buyer knows what they're buying , and has actually thought about what they're doing.
 
Werewolf said:
At the moment Verification is meant by it's very nature to mean that you're who you say you are and the spammers/bots can't get it...

When you make it something you can buy you basically do away with that level of checking/first hurdle.
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Not necessarily, it depends how you check/verify. Also, spammers and bots do abuse it currently!

Werewolf said:
This is all stuff that someone who was serious and understood the business maybe should have done before splashing out tens of billions on it?
This certainly isn't sounding like some sort of really well thought out and planned business deal where the buyer knows what they're buying , and has actually thought about what they're doing.
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I think that's silly, just because someone hasn't given you up-to-the-minute information about the precise details of some future product change doesn't imply they and their takeover team and longstanding Twitter product people have not considered obvious questions that you and others as outsiders just spitballing on a forum... He's clearly had quite extensive chats with the literal founder of the platform about the problems, strategic direction and principles and the flaws, where things have gone wrong etc. the precise details of some to be implemented product change (which may not have been fully decided on, might have several possible proposals for etc..) not being communicated right away is a bit trivial in the grand scheme of things.
 
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imtoooldforthis said:
Do you not have to provide ID or some kind of proof of who you are prior to being given a blue tick ? If so I would imagine the same would apply if you had to pay.
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Surely.

Naff8000 said:
Where was hillary and Obamas birth certificate. I'm behind on the times
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Lol that made me spit out my mcdonalds

Werewolf said:
Aye it sounds like it's going to far more lax than at the moment, IIRC at the moment you need to be both a public/notable figure in some way and prove it, then prove your ID
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I am of the opposite view. I seem to remember back when Elon first put his offer in, that he was on about making twitter users have to verify themselves with an id and then they can post anonymously with whatever handle they want, the idea wrongly being that this means that you're only left with real users, users that can be held accountable if something they post under their handle leads to issues.

Based on that, surely he'd require more checks, with the only difference seemingly that it may be open to Joe public to get the blue tick, which will totally devalue to blue tick that celebs have.


In other news, I hear Elon is looking to purchase YouTube and will stsrt charging content creators to post their videos. Another great idea from the Musk :p
 
dowie said:
I think that's silly, just because someone hasn't given you up-to-the-minute information about the precise details of some future product change doesn't imply they and their takeover team and longstanding Twitter product people have not considered obvious questions that you and others as outsiders just spitballing on a forum... He's clearly had quite extensive chats with the literal founder of the platform about the problems, strategic direction and principles and the flaws, where things have gone wrong etc. the precise details of some to be implemented product change (which may not have been fully decided on, might have several possible proposals for etc..) not being communicated right away is a bit trivial in the grand scheme of things.
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Why is it silly? He's had months to come up with ideas. He seems to be throwing things out there as they pop into his head. Yesterday it was $20 a month, Stephen King tells him to do one and he says how about $8 then? Now $8 is the plan. I mean the guy is meant to be a business genius. If he went on Dragons Den with this business plan he'd get laughed out of the room.
 
Colonel_Klinck said:
Why is it silly? He's had months to come up with ideas. He seems to be throwing things out there as they pop into his head. Yesterday it was $20 a month, Stephen King tells him to do one and he says how about $8 then? Now $8 is the plan. I mean the guy is meant to be a business genius. If he went on Dragons Den with this business plan he'd get laughed out of the room.
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You've just illustrated why it is silly, what business plan?

Just because someone has dropped a few tweets about a potential product update doesn't mean some implementation details/issues haven't or won't be discussed.

As for dragon's den, he's been more successful in business than every dragon from dragon's den and shark from shark tank combined several times over.
 
The verification system for blue check marks really does depend entirely on how it's implimented.

If its only available to those in the public eye and it's verified with solid proof, then I can see it working just fine. If anyone can buy a blue check mark without verification then it's doomed to fail.

If the verification system isn't robust enough then it is doomed to fail. As it is, a monthly fee or even the current application form for blue check marks is not enough to stop/restrict spam or bots. Those bot/spam accounts are very valuable and if the system isn't robust enough with ID verification then those accounts will continue to exist. Look at any modern video game with a monthly subscription fee, bot accounts are still a significant issue. With the exception of one game I am aware of that actually requires government issued ID to create an account in some countries. That game has no bots at all.

So the only way twitters blue check system works is if they require ID for verification purposes, now of course the lefties will cry about that probably uses the excuse that poor people don't always have ID. Well poor people aren't going to be getting blue check marks as they should be restricted to public figures/business only where ID verification can be guaranteed.
 
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MadMossy said:
The verification system for blue check marks really does depend entirely on how it's implimented.

If its only available to those in the public eye and it's verified with solid proof, then I can see it working just fine. If anyone can buy a blue check mark without verification then it's doomed to fail.

If the verification system isn't robust enough then it is doomed to fail. As it is, a monthly fee or even the current application form for blue check marks is not enough to stop/restrict spam or bots. Those bot/spam accounts are very valuable and if the system isn't robust enough with ID verification then those accounts will continue to exist. Look at any modern video game with a monthly subscription fee, bot accounts are still a significant issue. With the exception of one game I am aware of that actually requires government issued ID to create an account in some countries. That game has no bots at all.

So the only way twitters blue check system works is if they require ID for verification purposes, now of course the lefties will cry about that probably uses the excuse that poor people don't always have ID. Well poor people aren't going to be getting blue check marks as they should be restricted to public figures/business only where ID verification can be guaranteed.
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You think its the left that will have a problem with Twitter having access to their ID? Oh man you really don't know your own audience :cry:

Why is the left is going to have an issue with the poor not being able to afford verification. Why would any poor person need to be verified? Talk about trying to find an issue where there isn't one :rolleyes:
 
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