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

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hudson86 said:
Alternatively charge apps for Api calls, the apps can then either charge the end users a subscription / offer their own ads to cover costs.
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Supposedly that was what was in place with a few apps with the developers paying for API access but the rumours seem to suggest it was more likely because some apps didn't display Twitter's ads/promoted tweets - which hasn't been an issue up until now.
Although i don't believe they've disabled access for all third-party apps as Hootsuite and a few others are still working.

unwashed potato! said:
What is so dumb is just how it's being implemented.
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Yup, dumping access for a number of them rather than engaging with the developers just pees off the end users - not a particularly smart business decision.

But given Twitter's recent u-turns on policy and features, i wouldn't be surprised if they do the same once they see the effect.
 
VincentHanna said:
Not payed the rent in the UK either.

www.bbc.co.uk

Twitter sued by Crown Estate over alleged unpaid rent at UK HQ

The Crown Estate has filed a High Court claim against the social media firm over the alleged arrears.
www.bbc.co.uk

What a totally genius move.
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It's something a lot of companies with cash flow issues do though. If you go bankrupt then landlords are very far down your list of concerns. If you turn it around, you just pay up before they actually take you to court. Either way, it's not a good look though.
 
Hotwired said:
Funny to see the Crown Estate, very definitely worth ~£16B in land and property poking a "$40B" tech company for rent money.

I hope it generates some quality drama.
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The thing is, it's just such a silly tactic in terms of how twitter now looks.

I get Elon wants to reduce rent waste, and you could easily argue that there is plenty within tech companies, but to just flat out stop paying, doesn't exactly present a good image, nor trust jn the brand. Why invest in marketing on twitter when it looks like it's about go bankrupt. Better for pay your marketing team to explore other options
 
unwashed potato! said:
The thing is, it's just such a silly tactic in terms of how twitter now looks.

I get Elon wants to reduce rent waste, and you could easily argue that there is plenty within tech companies, but to just flat out stop paying, doesn't exactly present a good image, nor trust jn the brand. Why invest in marketing on twitter when it looks like it's about go bankrupt. Better for pay your marketing team to explore other options
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He's probably got an awful lot of suppliers to Tesla and SpaceX reconsidering their contracts and how much credit they advance him.

Once you get a rep in any industry as a company/head of company who refuses to pay suppliers you tend to find that the terms under which you get stuff start to become less favourable, especially if there is anyone else those suppliers can sell to (even if it means some retooling), as it's better to deal with a reliable payer who might be slightly less profitable than a company run by a guy you know will refuse to pay you if it's convenient.
 
Werewolf said:
He's probably got an awful lot of suppliers to Tesla and SpaceX reconsidering their contracts and how much credit they advance him.

Once you get a rep in any industry as a company/head of company who refuses to pay suppliers you tend to find that the terms under which you get stuff start to become less favourable, especially if there is anyone else those suppliers can sell to (even if it means some retooling), as it's better to deal with a reliable payer who might be slightly less profitable than a company run by a guy you know will refuse to pay you if it's convenient.
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Yep exactly my thoughts.

Billionaire or not, it's obvious that this sort of behaviour ruins the reputation not just of the brand twitter, but brand Elon too, and those other brands associated with him, so tesla, spacex etc.

Being given credit, working for free and paid withing 60 days etc, it's risky. And when you see that Elon doesn't pay his debts, it is as you say, something you just offer worse rates to make the risk worth while (so no twitter sturggles as every supplier charges them more than their competitors) , or go for a better paying customer than twitter.
 
Roar87 said:
Probably playing hard ball because the previous Twitter administration were paying too much for their rent
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Except you can't just decide to not pay your contractual rent...

And that doesn't explain how Twitter seemingly was paying too much for rent in pretty much every place it had a building, or why he's refusing to the staff he sacked, or the contracters who have outstanding bill.

On a side note it sounds lile musk is making a great showing in court, and by great I mean a great demonstration for law students as to what you don't want your client to do, and why it's important to smack some sense into them pre trial so they don't go undermining and contradicting themselves, or think they're the ones who are asking the questions when on the stand.
 
Roar87 said:
Probably playing hard ball because the previous Twitter administration were paying too much for their rent
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Yep probably just hard ball, and the last time Elon tried that, he was forced to overpay for twitter and spend 44 billion.

Maybe eventually he will learn, but today it doesn't seem so. Instead he's probably been the biggest single threat to twitter brand ever, harms its reputation with suppliers, and will still be forced to overpay for rent.

If he wants to move, good idea, do it properly. Hand notice and find another place when the time is right.

Twitter could afford to do it for years, only under Elon can twitter no longer afford rent or other basis costs.
 
I work for a very large multinational and even without the degree of business change Twitter is going through we screw up payments. I found out last week we had forgotten to pay for a business critical fibre optic line for over a year and we're in dispute with BT for our lack slow payment generally.

In my limited experience business change seems to cause these kind of Eff Ups on a regular basis.
 
I'd love to know why Elon seems so... enamored by the Al-Saud's with the revelation (unsurprising as it was) that he wanted to essentially give Tesla to them.

Wonder what they have on him...
 
PlacidCasual said:
I work for a very large multinational and even without the degree of business change Twitter is going through we screw up payments. I found out last week we had forgotten to pay for a business critical fibre optic line for over a year and we're in dispute with BT for our lack slow payment generally.

In my limited experience business change seems to cause these kind of Eff Ups on a regular basis.
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Certainly a lot of these kind of things tend to happen with businesses - partly because no one wants to take responsibility for things.

Awhile back I worked in a place where everyone was complaining about how hot it got in summer, so I enquired about AC only to be told there was no money to install or run it. When relaying that to a new starter who brought the subject up he pointed out there was in fact AC units on the outside of the building which were running flat out. I then discovered we'd been paying a maintenance contract on them for over 10 years and I assume the associated costs of running them, but what they were actually doing I have no idea - never got to the bottom of it - trying to talk to anyone higher up just went nowhere.
 
StriderX said:
I'd love to know why Elon seems so... enamored by the Al-Saud's with the revelation (unsurprising as it was) that he wanted to essentially give Tesla to them.

Wonder what they have on him...
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Not sure they'd have to have anything on him really, look at the way he treats his staff, seems to me an authoritarian regime like that is exactly the kind of thing he'd be enamored by...
 
unwashed potato! said:
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Everytime I see this image when I pop into this thread, my brain seems to misinterpret this as a photo of someone crapping down a chimney.
 
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