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News Elon Musk and the End of Twitter

And now the justice of the Brazilian supreme court has frozen Starlink's bank accounts in the country, since X owes Brazil 20 million reais in fines.

This is beautiful to see. Roast that piece of shit.
 
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I'm just so sick and tired of X at this point. People still use it to post news and half the time it's embedded it's either not loading, or it cuts off one word so you have to click the link thinking the tweet is longer but no it was one word, or to play the video you have to go to X and press the play button twice before you get the video to even play. I know he's doing this shit to get people to click multiple times.
 
And now the justice of the Brazilian supreme court has frozen Starlink's bank accounts in the country, since X owes Brazil 20 million reais in fees.
Interesting that they're directly punting through to Musks other business ventures, I don't think his mismanagement of Twitter has led to something like that before.
 
Interesting that they're directly punting through to Musks other business ventures, I don't think his mismanagement of Twitter has led to something like that before.
Hopefully it becomes a blueprint for other countries' supreme courts to deal with this shithead when he won't obey the law.
 
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I can't believe Brazil will be the one to bring twitter down lmao

I bet we are the second biggest traffic of the platform, this will make a considerable dent in their income.
Unless something has changed, the second biggest traffic driver of Twitter is actually Japan (more than 50% of the country has a Twitter account iirc). A lot of the problems that make expressing your thoughts in Twitter in English such a major problem doesn't apply to Japanese, where entire words can be expressed in only a few characters. The reason Korea and China aren't quite as big is because China bans it's audience from using it and the Korean internet is overwhelmingly consolidated on its own set of sites (due to some dumb cybersecurity laws that prevented them from actually developing proper digital infrastructure until very recently.)

They're also, on the whole, pretty much apathetic towards Musks shenanigans and most of Elon's bullshit hasn't crossed over to there as far as I can tell; most of the dumb changes he's made don't actually impact Japanese twitter that much and there's not the same anti-stigma surrounding Twitter Blue there (while in English, the checkmark 99% of the time means that the take is room-temperature IQ). It's been suspected that the reason Twitter is at least viable enough to not cause the banks to intervene is pretty much solely because of how tied the Japanese audience is to Twitter; it's pretty much the social media there.

Not to say Brazil doesn't make up a significant portion of traffic, but statistically, Japan is the most likely second largest traffic driver (and might even be the largest one right now, considering the platforms collapse in the anglosphere.)
 
As a fan of the Delorean DMC12, I'd like to put in a formal request that the internet stop comparing the Cybertruck to it, and instead compare the Cybertruck to this weird damn Aston Martin that I just found out about:

more-than-40-years-since-it-was-built-the-aston-martin-bulldog-is-still-a-sight-to-behold-208830_1.jpg
you've heard of the stretch limo, get ready for the squash limo
 
It's official. The supreme court judge Musk is whining against has ordered the blocking of X in Brazil. The national telecommunications agency has 24 hours to do so.
 
It's official. The supreme court judge Musk is whining against has ordered the blocking of X in Brazil. The national telecommunications agency has 24 hours to do so.
 
And its gone it looks like. Now for a new game, how long until the egomaniac caves in. Brazil is one of the largest markets in the world, and twitter can't afford to lose more considering advertisers have been driven out and refuse to want anything to do with the site.

Oh and I'll point out this out: Brazilians are going to be fined about 9000$ a day if they're caught using a VPN to use Twitter.
 
Is it true that they want to ban vpn as a whole in Brazil? How likely Is it that to happen because it sounds terrible.
not that I know of. What I've found is that Brazilians may face fines up to 9000$ USD a day if they're caught using a VPN for twitter
 
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More than 1000 events per second on BSKY, an all time record for the platform. The video upload are coming in the next update and the devs never thought this would happen.
 
Imma put this down as a prediction, I think twitter's board of directors might kick Elon Musk out of operations and twitter because of him getting the site banned from Brazil. A massive market was just taken away from them because of one man's antics. And losing such market while also struggling to make revenue because of the same man could be the last straw.
 
Imma put this down as a prediction, I think twitter's board of directors might kick Elon Musk out of operations and twitter because of him getting the site banned from Brazil. A massive market was just taken away from them because of one man's antics. And losing such market while also struggling to make revenue because of the same man could be the last straw.
How though? He owns the site, I don't think there would be a board of directors?
 
A cautionary warning to any Brazilian looking to circumvent this with a VPN; the Brazilian courts intend to issue an 8k+$ fine against any individual who tries to do that, per day.

There's also some pretty scary language about Brazil wanting Google and Apple to ban VPNs in general, but that's been suspended for the time being. I don't think this is a good decision in the details to be frank; this is dragging a spat between state of Brazil and the company Twitter into the territory of individual citizens.

Imma put this down as a prediction, I think twitter's board of directors might kick Elon Musk out of operations and twitter because of him getting the site banned from Brazil. A massive market was just taken away from them because of one man's antics. And losing such market while also struggling to make revenue because of the same man could be the last straw.
The Twitter Board of Directors is one guy and unfortunately, he's Elon Musk. He bought the company. The only way he gets kicked off is if the company becomes so unprofitable that the banks he lend the money from to buy it kick him out and sell off all the assets (aka bankruptcy).
 
A cautionary warning to any Brazilian looking to circumvent this with a VPN; the Brazilian courts intend to issue an 8k+$ fine against any individual who tries to do that, per day.

There's also some pretty scary language about Brazil wanting Google and Apple to ban VPNs in general, but that's been suspended for the time being. I don't think this is a good decision in the details to be frank; this is dragging a spat between state of Brazil and the company Twitter into the territory of individual citizens.


The Twitter Board of Directors is one guy and unfortunately, he's Elon Musk. He bought the company. The only way he gets kicked off is if the company becomes so unprofitable that the banks he lend the money from to buy it kick him out and sell off all the assets (aka bankruptcy).
The VPN clause have been dropped, and yeah it was scary.
 
A cautionary warning to any Brazilian looking to circumvent this with a VPN; the Brazilian courts intend to issue an 8k+$ fine against any individual who tries to do that, per day.

There's also some pretty scary language about Brazil wanting Google and Apple to ban VPNs in general, but that's been suspended for the time being. I don't think this is a good decision in the details to be frank; this is dragging a spat between state of Brazil and the company Twitter into the territory of individual citizens.


The Twitter Board of Directors is one guy and unfortunately, he's Elon Musk. He bought the company. The only way he gets kicked off is if the company becomes so unprofitable that the banks he lend the money from to buy it kick him out and sell off all the assets (aka bankruptcy).
At the rate Twitter is going, it wouldn't surprise me. Especially not with how the banks are already talking since Musk has apparently failed to pay back any of the principle thus far and has only been paying loan interest.
 
And now the justice of the Brazilian supreme court has frozen Starlink's bank accounts in the country, since X owes Brazil 20 million reais in fines.

This is beautiful to see. Roast that piece of shit.
Just catching up since I heard about the ban. Incredible. Seize all of his shit.
 
And its gone it looks like. Now for a new game, how long until the egomaniac caves in. Brazil is one of the largest markets in the world, and twitter can't afford to lose more considering advertisers have been driven out and refuse to want anything to do with the site.
Apparently the whiny baby is already looking to bend the knee and there's talk in the Brazilian press that conversations are going on behind the scenes to appoint a legal representative for the platform in the country and, therefore, cease the ban. It seems X has already reached out to some executives asking if they want that position.

I'm curious to see who would accept it. I mean, I'm sure they'll get a lot of cash, but it's going to be a hellish job given how much legal trouble they'll have to face.

I'm also curious to see how Elon will spin it once he appoints someone, because his ego sure as shit won't allow him to say "Ok. I lose. Here's our legal representative in Brazil. I'll comply with the law from now on."
 
Twitter is out for me and the majority of my friends here in Brazil :/ We are reconnecting via Bluesky and alike but a lot of people have not migrated. So sad to see such popular social media in the hands of someone like Elon, where he allows things like this to happen.
 
Apparently the whiny baby is already looking to bend the knee and there's talk in the Brazilian press that conversations are going on behind the scenes to appoint a legal representative for the platform in the country and, therefore, cease the ban. It seems X has already reached out to some executives asking if they want that position.

I'm curious to see who would accept it. I mean, I'm sure they'll get a lot of cash, but it's going to be a hellish job given how much legal trouble they'll have to face.

I'm also curious to see how Elon will spin it once he appoints someone, because his ego sure as shit won't allow him to say "Ok. I lose. Here's our legal representative in Brazil. I'll comply with the law from now on."
yeah ofc he'd cave. Like I said, the Brazilian market is one of the last things a company would want to lose. Especially when it makes up a giant portion of its traffic etc.
 
Whoever takes that position as legal representative better ask for a LOT of money upfront. The job likely will be hellish since it wouldn't be required unless there was a lot of unsavory bullshit on X to comb through.
bro thinks he a sovereign nation who can service debts without consequences
He may find out that he's just Argentina personified.
 
At the rate Twitter is going, it wouldn't surprise me. Especially not with how the banks are already talking since Musk has apparently failed to pay back any of the principle thus far and has only been paying loan interest.
To my understanding, the main reason the banks haven't moved is a. because the Japanese market is bound enough for Twitter that they think he can scrounge the money for the loan together just from the Japanese market alone if he scales back the size of Twitter (this is likely just copium because of point b though) and b. they couldn't sell the loans to the usual raider funds that take care of lenders that tend to default; the company is so awful in financial futures that they don't want anything to do with it unless the banks actively pay them money to deal with it, which the banks don't want to do.

The WSJ for example calls it the "the Worst Buyout for Banks Since the Financial Crisis". Basically there's a saying; if you blow apart a million dollars in money, that's a problem for you. If you blow apart several billion dollars in money, that's now a problem for the bank. To put it simply; if the banks choose to default on Twitter, you could actually be staring down the barrel of a financial crisis due to the scale of money involved. That's likely why the banks are hedging their bets for the time being.
 
Apparently the whiny baby is already looking to bend the knee and there's talk in the Brazilian press that conversations are going on behind the scenes to appoint a legal representative for the platform in the country and, therefore, cease the ban. It seems X has already reached out to some executives asking if they want that position.

I'm curious to see who would accept it. I mean, I'm sure they'll get a lot of cash, but it's going to be a hellish job given how much legal trouble they'll have to face.

I'm also curious to see how Elon will spin it once he appoints someone, because his ego sure as shit won't allow him to say "Ok. I lose. Here's our legal representative in Brazil. I'll comply with the law from now on."
Whoever takes that position as legal representative better ask for a LOT of money upfront. The job likely will be hellish since it wouldn't be required unless there was a lot of unsavory bullshit on X to comb through.
I wish him luck finding an executive ghoul willing to stand for Twitter, considering he closed the Twitter offices in Brazil because the Brazilian Supreme Court threatened to jail the previous executive (and still has that executives' bank account frozen) unless Elon testifies.

He's likely bending the knee because Brazil also froze Starlink bank accounts, which is a real problem for Musk. I don't have the numbers, but from an infrastructure perspective (large country with a relatively capable economy and a significant portion of the population in non-populous areas that are also disconnected through rough geographic terrain), Starlink likely has a significant userbase in Brazil.

(EDIT: Looked it up; according to Enmarket, Brazil accounts for 8% of Starlinks global userbase; 0.25 million with a global userbase of 3 million). Those aren't peanuts.)
 
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It slightly depends on the outcome of the US election, but if Trump loses in November, X will be shut off already early 2025. Even Musk realizes he'll never earn his money back and will cut his losses by selling to Meta or Saudi Arabia.
 
It slightly depends on the outcome of the US election, but if Trump loses in November, X will be shut off already early 2025. Even Musk realizes he'll never earn his money back and will cut his losses by selling to Meta or Saudi Arabia.

eh, he'll just sell it to anyone willing to take it from him. And I think the most likely candidate is any from Big Tech. Microsoft, Meta, etc. Since they'll likely still have use for Twitter and can utilize it more properly.
 
It slightly depends on the outcome of the US election, but if Trump loses in November, X will be shut off already early 2025. Even Musk realizes he'll never earn his money back and will cut his losses by selling to Meta or Saudi Arabia.
eh, he'll just sell it to anyone willing to take it from him. And I think the most likely candidate is any from Big Tech. Microsoft, Meta, etc. Since they'll likely still have use for Twitter and can utilize it more properly.
I don't think Big Tech would want to buy Twitter (and neither would the Saudis; the Saudis want a finger in the pie with social media for political gain, but can't actually run it since that'd piss off the US government, with whom they have a shaky relationship.)

Big Tech wants grassroots businesses that they can sell to their investors as being The Next Big Thing, competitors that are small enough to buy without upsetting antitrust agencies or corporations that are filled with so much talent that they can sunset the product. Twitter has none of those; they're an established business (not grassroots), are a sizable competitor in their sphere still (look at your average social media share modal) and there's no talent left at Twitter (Musk fired half of it, the other half wasn't down for Musks insane work ethic. The only people left working at Twitter are foreigners who can't easily leave Twitter for another company, since the US deports them back to their home country when they resign if they don't have another job lined up; yes that's dystopian and ironic, considering Musk was an illegal in the US back in 2000 for a year.)
 


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