- cross-posted to:
- technology@beehaw.org
- cross-posted to:
- technology@beehaw.org
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Its funny how this headline keeps coming up every couple of weeks with a smaller number each time.
I dont know how they generate these evaluations, and honestly I dont even trust they are accurate. Or care, my life is fully uneffected by the success or failure of that site.
But it is always funny to read the new nearly identical headline with the number shifted down by 1-4 billion from last time.
Companies such as Fidelity give an estimate on how much they are value after analyzing the finances of the company I think.
Fidelity does this because they invested in Twitter alongside Musk, and as a bank they are required by law to disclose the current value of their assets. They come up with a value of their stake, then the rest of us divide that by the percentage Fidelity owns to get the value of the company.
Is it, though?
Its a digital message board on some overpriced servers.
Is this the wikipedia-argument back at him? The whole twitter post history could fit on a single hard drive, so why are people paying for it?
That argument is unfair anyway, cause what fits on a hard drive gets bigger every year.
No it’s completely fair because the value of information deflates as we gain better ability to store it! /s
And there’s endless examples of a small well ordered thing being far more expensive than essentially the same thing less ordered in bigger volume - a room full of carbon dioxide, a bag of coal, a diamond…
Considering that almost every public lib continues to use it, there is something to it, even if only the network advantage.
And a lot of consumers on it
deleted by creator
I’m so tired of Musk…Can we please shoot him into the immense vacuum of space aboard one of his precious Teslas?
It actually would be pretty easy to ignore him but this place is absolutely obsessed with dissecting his every move.
The so called muskie haters are the most fanboi of him after all
Only if Trump is in the frunk.
How about all the billionaires.
Such a thing shouldn’t exist.
There’s a lot of drama around him, and some because of his own stupidity and pot stirring, but maybe the world could do with more like him.
Though he may not be self-made in the sense of lifting himself out of poverty into success. He does work pretty damn hard to forward his companies and the goals he sets, so that’s admirable.
Surely a big reason he gets so much flak is because he enjoys being in the public eye, unlike Bezos, for example.
Public figures like Musk draw an annoying and undeserved amout of attention, though. I mean there’s so much else happening in the world more worthy of our time, but that doesn’t generate ad-revenue now does it?
Ummm… The goals he sets are… Not good. Doesn’t matter how hard you work if your hard work is destroying a company.
Yeah, I meant this more generally.
I’ve been with a very frugal start-up for many years and it’s amazing what a small team can get done compared to larger companies.
I think the fact that Twitter is able to run with so much fewer staff probably points to how bloated they were.
I think Twitter’s stock price was a huge bubble waiting to burst anyway.
Maybe things will turn around if we give X some time. I’m against platforms like what Musk is building with X, I don’t like their stickiness and the fact that the walls between functions are blurred and data can consequently flow between them. They become monopolies; they begin to regulate and discriminate against their users however they see fit and ultimately leave you with little real choice.
Elon Musk was born on third base but tells everyone he hit a triple.
His parents literally owned slaves.
He was a white kid in South Africa. Even if he was dirt poor and born into a broken home, in he was still further ahead than most of the country. Born at least on first or second base.
He had an upbringing of privilege. Mental and physical healthcare, plenty of food, fancy trips and parties, tutors and tuition, as much money as he wanted to start businesses; dude never wanted for anything. Elon being self made is an absolute lie.
My man, Lonnie, was born on third base and managed to kick the ball into the catcher’s mitt when he tried to slide into home base.
Who gives shit? Let it sink. Let it be forgotten. Stop giving it attention.
I don’t get that platform. I just signed up for mastodon and am not sure I’m feeling that either.
I feel like these Twitter-style sites are just …like… Keyboard warriors. It’s just smug post after smug post.
It honestly creeps me out. Like I see all these popular political posts by profile icons I recognize… But every post is just whinging…
Who are these people and why do they get popularity and even mentioned on the news as truth when their posts have no sources and are just bullshit political emotion. Then you read a news article that “Twitter is cancelling…”. All because there was one post about with someone acting like a dick.
In its ideal form, a microblog style site could literally provide an online version of a collective consciousness of society. It would be a live feed of normal people’s thoughts.
Except in reality it’s porn, smug posting, corporate advertising, vitriol, and propaganda all fueled by algorithms written to keep mofos scrolling.
It was good for two things: on the ground news, and speaking directly to businesses to resolve customer complaints.
speaking directly to businesses to resolve customer complaints.
It really pisses me off that companies respond to Twitter posts but will ignore tickets and emails in their own support system.
Would the collective consciousness actually be interesting to read?
I think the whole point is that it gives media companies something to pretend is “news,” and everyone else something to be pretend-outraged over. Full stop.
I’m with you. Lots of randoms giving their opinions on something that other randoms can show their support for? Huh… alright, I guess.
Any social media that involves Followers are destined to be bin fires.
I tried mastodon, some of it is sweet, but eventually you voice a different opinion to someone with lots of followers, and get attacked by the tribe.
it’s only worth what someone is willing to pay for it
We start the bid at $20.
Do we have $20?
Remember bidders that Twitter…ahem…X?.. X… Okay…X… Still has employees…really?…employees that are clearly loyal and easily controllable, as well as a nominal amount of IT equipment.
It’s called “eloning”
I was expecting much less than that. o_O
I thought elon was supposed to be smart
When will these eLon simps finally admit to themselves that the person they’ve been idolizing is a dumb bitch?
That’s what X is valuing itself at, not what it’s worth. We’ll get a better sense of what it’s worth when it goes back on the market or goes bankrupt, whichever happens first. Right now I have a hard time imagining anyone would pay that much for it. For context Snapchat, which has had a lot more success with advertising lately, is worth about $16 billion.
what is the tech angle here?
Elon… Whenever anything about tech is discussed knowing the daily routines of some immature south afrikaans billionaire is unavoidable.
A job creator at work. What an impressive sight.
Works hard to forward his companies like X which lost billions in value cos of his stupidity? Where’s his Hyperloop? I wouldn’t buy a Tesla if it were the only car in existence. I’m even tired of his name.
If only more people would move to Mastodon it could drop another 50% in value!
