🕳️ Funny I Didn’t Read About This On Twitter

Business expert warns of Elon Musk's ties to China: He dug a 'hole full of vipers and grenades and jumped in'https://t.co/Oz5JTxB4RX

— Raw Story (@RawStory) October 30, 2022

His new lax rules allowing a free-for-all of language, attacks, and hate speech on the platform has resulted in several advertisers withdrawing from the platform and costing $33 billion on the day of closing alone. 

“Spreading conspiracy theories, firing senior level executives for cause, which will not hold up in court," said Galloway. "And racial slurs are exploding 14-fold as soon as he takes ownership. As you pointed out, this is day two. In addition, Jim, you and your colleagues, I believe in just a matter of days, will be talking about the fact that he's compromised. You have Xi Jinping, who has demonstrated autocratic power over the markets. Elon Musk's wealth, a huge component of it, is tied up with his business success in China. We've never had someone this powerful, this dependent upon Xi Jinping. It's going to be very interesting. In my view, he's built himself a hole full of vipers and grenades and jumped in."

I’m very curious about those “just cause” firings because I know that was written into the deal (such an “escape clause ” would have to be), but I don’t think it can be the “Get Out Of Jail Free” card Elmo imagines it to be. Having just paid lawyers and court costs to pay do what he didn’t want to do (buy Twitter), you’d think he’d have asked someone: “Will this involve me in three more lawsuits?” Because indeed it will. What’s the downside for the plaintiffs? They lose and don’t get their golden parachutes?

What’s the upside for Elmo? He’s already proven he’ll collapse like a house of cards in legal proceedings, and “just cause” doesn’t mean “just ‘cause I didn’t want to pay them!” He didn’t keep them on long enough to establish a “just cause,” and proving they screwed him on the purchase is the fight he just lost in court.

So the plaintiffs will get their money if they sue (if they don’t they’re fools) later rather than sooner. And they’ll probably get attorneys’ fees, too.

Like the man said, Elmo has built (dug?) himself a hole 🕳️, filled it with vipers and grenades, and jumped in.

And Twitter’s losing money again. And if Elmo can’t get that self-driving car on the market, and his king-promised but never delivered truck, and a robot that isn’t a fake; and soon…he’s gonna have bigger problems.

Really looking forward to the content moderation council headed by a guy who shares conspiracy theories from bogus blogs when horrific politically-motivated attacks occur pic.twitter.com/DhQxOrEZrC

— Nina Jankowicz 🇺🇦🇺🇸 (@wiczipedia) October 30, 2022

There go a few more advertisers…