11.02.22

Gemini version available ♊︎

Twitter is Rotting Away in Less Than a Week

Posted in Deception, Finance at 3:10 pm by Dr. Roy Schestowitz

Video download link | md5sum 7214b19128e440dd514564eb3809c67b
Twitter Looks Like a Failed Project Heading to the Grave
Creative Commons Attribution-No Derivative Works 4.0

Summary: 6 days have passed and Twitter is up in flames; Twitter temporarily enjoys being the “talk of the town”, but for all the wrong (and unwanted) reasons

THE earliest media reports said that Twitter’s sale and handover had become a done deal last Thursday at night, so technically 6 days ago. What has happened since then is quite a lot! We posted many clippings in IRC and in Daily Links, but the short story is, management is leaving, technical staff is leaving (no, not just the ones fired), users leave in droves, and advertisers basically boycott the new Twitter. All this happened in a matter of days.

They say that advanced forms of incompetence are indistinguishable from sabotage. Whatever happens in Twitter right now, it is an existential crisis for the company and the platform. Bringing in some edgy Musk-loving fans to run something they don’t understand would be "LeeNode" all over again. It’s chaotic. To quote Stephen King (the author): “$20 a month to keep my blue check? Fuck that, they should pay me. If that gets instituted, I’m gone like Enron.” (October 31, 2022; we talked about it in IRC the other night)

“They say that advanced forms of incompetence are indistinguishable from sabotage. Whatever happens in Twitter right now, it is an existential crisis for the company and the platform.”Well, Mr. King never belonged in Twitter in the first place. His solid track record in literature should be enough to attract fans to his own site. Twitter is like a ‘poor man’s RSS feed’. It’s always a bad idea, in effect managing one’s ‘audience’ through a centralised, hostile or at best dubious third party, e.g. Google/YouTube, Twitter, and Facebook. Techrights doesn’t have those issues. Questionable interests change over time, resulting in censorship or downtime (going offline permanently is only a matter of time, for purely commercial reasons).

Aside from that, there’s the aspect of self-censorship (like inability criticise a sponsor or use blunt language, even when it is truly deserved and warranted). “Brand safety” is code for censorship on behalf of brands.

We’ll continue to monitor the situation, but we already see an exodus of users and advertisers, i.e. the financial lifeblood of the company. No users means no advertisers. And no advertisers means more and more debt for the owners to bear. The writings are on the wall already. The New York Times said: “They are essentially going to take all the financial resources of the company and just pour it into servicing the debt…”

“Don’t expect a turnaround. It’s too late already.”There’s massive backlash and people are actually leaving, not just threatening to leave. Earlier today I checked “Analytics” on some inactive accounts and they show not much. The theory that Twitter will be taken over by bigots overlooks the fact that they already have other platforms for their kinds. Even more edgy types must recognise the fact that bringing back Donald Trump, for instance (still under investigation for insurrection), would immediately lose the platform millions of users, some of whom very high-profile users. This would deepen the debt. “Mr. Musk faces financial challenges in owning Twitter,” says the summary from the above piece. “The site [sic] frequently loses money and took on $13 billion in debt for the blockbuster deal.”

Don’t expect a turnaround. It’s too late already.

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

DecorWhat Else is New


  1. Links 08/02/2023: Transmission 4.0.0 Released and Mass Layoffs at Zoom

    Links for the day



  2. IRC Proceedings: Tuesday, February 07, 2023

    IRC logs for Tuesday, February 07, 2023



  3. When the Pension Vanishes

    Today we commenced a multi-part mini-series about pensions and what happens when they suddenly vanish and nobody is willing to explain where all the money went



  4. Sirius 'Open Source' Pensiongate: An Introduction

    The Sirius ‘Open Source’ series continues in the form of a mini-series about pensions; it’s part of an ongoing investigation of a deep mystery that impacts people who left the company quite a long time ago and some of the lessons herein are applicable to any worker with a pension (at times of financial uncertainties)



  5. Links 07/02/2023: Endless OS 5.0 and Voice.AI GPL Violations

    Links for the day



  6. No Doubt Microsoft Unleashed Another 'Tay', Spreading Bigotry Under the Guise of Hey Hi (AI)

    Reprinted with permission from Ryan



  7. Links 07/02/2023: Fedora 39 Development Plans Outlines

    Links for the day



  8. IRC Proceedings: Monday, February 06, 2023

    IRC logs for Monday, February 06, 2023



  9. Links 06/02/2023: Escuelas Linux 8.0 and Many Political Issues

    Links for the day



  10. Links 06/02/2023: Sparky 6.6 and IPFire 2.27 – Core Update 173

    Links for the day



  11. Taking Back Control or Seizing Autonomy Over the News Cycle (Informing People, Culling the Marketing)





  12. Reality Versus Fiction: EPO Insiders Versus EPO Web Site and UPC 'Churnalists'

    The "official" sources of the European Patent Office (EPO), as well as the sedated "media" that the EPO is bribing for further bias, cannot tell the truth about this very large institution; for proper examination of Europe's largest patent office one must pursue the interpretation by longtime veterans and insiders, who are increasingly upset and abused (they're being pressured to grant patents in violation of the charter of the EPO)



  13. Links 06/02/2023: Linux 6.2 RC7 and Fatal Earthquake

    Links for the day



  14. IRC Proceedings: Sunday, February 05, 2023

    IRC logs for Sunday, February 05, 2023



  15. Links 05/02/2023: Wayland in Bookworm and xvidtune 1.0.4

    Links for the day



  16. Links 05/02/2023: Pakistan Blocks Wikipedia, Musharraf Dies

    Links for the day



  17. IRC Proceedings: Saturday, February 04, 2023

    IRC logs for Saturday, February 04, 2023



  18. Links 04/02/2023: FOSDEM Happening and Ken Thompson in SoCal Linux Expo

    Links for the day



  19. 2023 is the Year Taxpayers' Money Goes to War and Energy Subsidies, Not Tech

    Now that a lot of powerful and omnipresent ‘tech’ (spying and policing) companies are rotting away we have golden opportunities to bring about positive change and maybe even recruit technical people for good causes



  20. Getting Back to Productive Computer Systems Would Benefit Public Health and Not Just Boost Productivity

    “Smartphoneshame” (shaming an unhealthy culture of obsession with “apps”) would potentially bring about a better, more sociable society with fewer mental health crises and higher productivity levels



  21. Links 04/02/2023: This Week in KDE and Many More Tech Layoffs

    Links for the day



  22. Dotcom Boom and Bust, Round 2

    The age of technology giants/monopolies devouring everything or military-funded (i.e. taxpayers-subsidised) surveillance/censorship tentacles, in effect privatised eyes of the state, may be ending; the United States can barely sustain that anymore and raising the debt ceiling won't solve that (buying time isn't the solution)



  23. Society Would Benefit From a Smartphoneshame Movement

    In a society plagued by blackmail, surveillance and frivolous lawsuits it is important to reconsider the notion of “smart” phone ownership; these devices give potentially authoritarian companies and governments far too much power over people (in the EU they want to introduce new legislation that would, in effect, ban Free software if it enables true privacy)



  24. IRC Proceedings: Friday, February 03, 2023

    IRC logs for Friday, February 03, 2023



  25. IRC Proceedings: Thursday, February 02, 2023

    IRC logs for Thursday, February 02, 2023



  26. Links 03/02/2023: Proton 7.0-6 Released, ScummVM 2.7 Testing

    Links for the day



  27. Links 03/02/2023: OpenSSH 9.2 and OBS Studio 29.0.1

    Links for the day



  28. Links 03/02/2023: GNU C Library 2.37

    Links for the day



  29. Sirius Finished

    Yesterday I was sent a letter approving my resignation from Sirius ‘Open Source’, two months after I had already announced that I was resigning with immediate effect; they sent an identical letter to my wife (this time, unlike before, they remembered to also change the names!!)



  30. The Collapse of Sirius in a Nutshell: How to Identify the Symptoms and Decide When to Leave

    Sirius is finished, but it's important to share the lessons learned with other people; there might be other "pretenders" out there and they need to be abandoned


RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

Recent Posts