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Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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I Am The Scum said:
Elon is tinkering with things today, and that means that 2-factor authentication is offline. Specifically, you will still need 2FA to log in on a new device, but it just won't send the code. So... if you log out, that's it.
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So one of the worlds largest social media companies doesn't have a dev environment?! Or Elon is just insisting that he be allowed to tinker... live.. with their production environment... for reasons? Jebus H Christo.
 
lobosrul5 said:
So one of the worlds largest social media companies doesn't have a dev environment?!
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Well it did.

One of his first acts literally was to fire pretty much anyone who actually knew how to run Twitter on a functional level. I'm amazed the site is even still up.
 
lobosrul5 said:
https://en.wikipedia.org/wiki/Fractional-reserve_banking <-- that is how banks make most of their money. Low balance and monthly fees are just a little bonus.
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Well yes. Did you think I didn't know that? In my country, if you open a current account, the banking provides it for free. I don't have to pay for my physical debit card or to have cheques processed or even for the secure transport of the physical cash I deposit and withdraw. The bank, on the other hand, is allowed to lend my money to other people and charge them interest.

If a customer doesn't have a certain amount on deposit, the costs of administering their account is more than the money the bank can generate from lending their deposits to other people. If a potential customer can't afford to have a largish deposit in the bank, it has to find other ways to cover its costs. That probably means fees for the customer.
 
jeremyp said:
Well yes. Did you think I didn't know that? In my country, if you open a current account, the banking provides it for free. I don't have to pay for my physical debit card or to have cheques processed or even for the secure transport of the physical cash I deposit and withdraw. The bank, on the other hand, is allowed to lend my money to other people and charge them interest.

If a customer doesn't have a certain amount on deposit, the costs of administering their account is more than the money the bank can generate from lending their deposits to other people. If a potential customer can't afford to have a largish deposit in the bank, it has to find other ways to cover its costs. That probably means fees for the customer.
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It's also this way in my country.... the United States. I have an account open at Nusenda Credit Union and Bank of The West that have no min balance, debit card, or monthly fees, I've never actually had an account that charged a fee for cheques/checks*... not sure if thats even a thing in the USA. As for Bank of the West, I think they make up for it by charging for ACH transfers and paying out less interest. Nusenda OTOH is a member owned credit union so their fees are whatever the members want it to be.

*ETA I mean processing fees, ordering checks costs money.

ETA2: or maybe its free because they hope that one day you'll deposit more money, making the account worth it for them?
 
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75% on the Burns/Musk quiz.

Anyway, this is the story that keeps on giving:

https://www.theregister.com/2022/11/14/musk_twitter_rpc_spat/

Musk tweeted an apology to users of the Android Twitter app, claiming it was slow because it had to do 1000 RPCs (remote procedure calls) just to get the timeline on display. He's been called out in public - and, some would say, humiliated - by his engineers* because he was talking absolute nonsense.

*probably ex-engineers now

I think the most disastrous thing the Twitter buyout is doing for Musk is destroying his reputation as a tech wizard.
 
Downdetector.ca as of right now is reporting people are having a lot of problems with Twitter.

https://downdetector.ca/status/twitter/

"User reports indicate possible problems at Twitter "

Amusingly the .com version says: "User reports indicate no current problems at Twitter "

Does Elon have a problems with Canadians? :sniff:
 
I Am The Scum said:
A lot of the people in this country are so enamored with the idea of meritocracy that they have to invent 18-dimensional chess explanations for how the rich guy is actually a secret genius. We saw it a thousand times with Trump.

The alternative is that the American dream is a lie, and that would be intolerable.
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I thnk it more a case of Musk is capable in certain fields, but totally ignorant of others; social media is one of which he is totally ignorant.
But, yeah, the whole "He is a real life Tony Stark who can do anything" idea is dead except for the die hard cult members.
 
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It's easy to dimiss Musk as a total idiot, but that does not explain his sucess with Tesla and Space X.
Two factors I can see;
A. He has some knowledge about hi tech dealing with transportation, none about social media; hte old saying about some of the most ignrnorant people on earth are experts when you get them out of their area of expertise applies.
B. The above sucesses went to his head, made him an egomaniac and now he thinks anything he does will automatically be sucessful.
 
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dudalb said:
It's easy to dimiss Musk as a total idiot, but that does not explain his sucess with Tesla and Space X.
Two factors I can see;
A. He has some knowledge about hi tech dealing with transportation, none about social media; hte old saying about some of the most ignrnorant people on earth are experts when you get them out of their area of expertise applies.
B. The above sucesses went to his head, made him an egomaniac and now he thinks anything he does will automatically be sucessful.
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What specific contributions did Musk make to the success of Tesla and SpaceX?
 
johnny karate said:
What specific contributions did Musk make to the success of Tesla and SpaceX?
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he hired the right people if nothing else.,,which is the main job of any CEO.
Look, Musk has gone batcrap crazy but writing him off as somebody who was always a total idiot just does not fit in with the facts.
 
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Perhaps, in the utter core of his being, he's still faking it until he makes it. His core is the Theranos level of BS artistry. What his mind conjures up I do not know, but his idea of himself certainly spreads out far beyond the attainable.

I felt it was very irresponsible to suggest as short a time frame as he did to get humans on Mars. Such a short time insures there will be plenty of shortcomings for the crew. Kinks in oxygen supply, etc. wouldn't've been sorted to a sustainable level, and he would put the crew at risk for his own glory.

Now he spends enough money to solve many other of the world's issues (something he claims he desires) on Twitter, and reckons he can solve the world's issues that way. But his inner self knows he just bites, hardly chews, off whatever his mind comes up with. He's been faking it all along. If he makes it, he's toast anyway.
 
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