Big changes for Twitter

[brenthutch 383]

7 minutes ago, jakee said:

Twice as much as last year when it was... remind me again?

 

We don’t need to go back to last year, we have back to back quarters to compare. One with record prices and high profits, and another with lower prices and even higher profits. (Which validates my Econ lesson from earlier)

[brenthutch 383]

https://corporate.exxonmobil.com/news/newsroom/news-releases/2022/1028_exxonmobil-announces-third-quarter-2022-results

[wmw999 2,122]

It’s interesting that Brent thinks the discussion is about him when we disagree with him. It’s he who’s disagreeing with us, not the other way around  

Wendy P. 

[brenthutch 383]

13 minutes ago, wmw999 said:

It’s interesting that Brent thinks the discussion is about him when we disagree with him. It’s he who’s disagreeing with us, not the other way around  

Wendy P. 

Does that even make sense?

[jakee 1,254]

30 minutes ago, brenthutch said:

We don’t need to go back to last year, we have back to back quarters to compare. One with record prices and high profits, and another with lower prices and even higher profits. (Which validates my Econ lesson from earlier)

Don't you get tired of making yourself look like a clown just to support your ideology? Exxon was slightly up, but the whole of the industry was slightly down. Is there a reason you can explain why Exxon counts and no other oil company counts? Is there a reason why last quarter counts but last year doesn't? 

 

Having just watched Truss and Kwarteng blow up a G7 economy in the space of a few weeks by promoting ideology over reality it's fascinating to see the same blind fanaticism in you.

[brenthutch 383]

1 hour ago, jakee said:

Don't you get tired of making yourself look like a clown just to support your ideology? Exxon was slightly up, but the whole of the industry was slightly down. Is there a reason you can explain why Exxon counts and no other oil company counts? Is there a reason why last quarter counts but last year doesn't? 

Variations in market and management practices. Next question?

[Phil1111 911]

2 hours ago, brenthutch said:

Do you mean how oil companies recorded record profits in Q3 despite lower gas prices as compared to Q2?

 

2 hours ago, jakee said:

.....I think you're going to have to march into the boardroom and explain why Brentonomics says they're wrong.

The Wharton MBA doesn't cover topics of calculating cost of inventory using FIFO, or LIFO. Of how that would effect quarterly profits. Or that other costs besides inventory would effect profits.

jakee "Do not argue with a crackerbox MBA. He will drag you down to his level and beat you with experience."

I keep forgetting if the MBA is from Wharton or a cracker jack box. But the logic is the same.

[theplummeter 14]

On 10/21/2022 at 8:33 PM, ryoder said:

Or 'Parler'.

 

On 10/21/2022 at 5:29 PM, lippy said:

TwitterCon doesn’t really roll off the tongue. What about ‘Truth Social’?

It's funny that these got brought up.  The husband of Candace Owens is currently unloading Parler onto a mentally ill formerly talented rapper.  On the other side is Truth Social where thousands of morons have poured their life savings into DWAC hoping that SEC approval for the SPAC would yield results.  If Trump gets the Twitter green light and abandons those platforms would that tank them both leaving everyone else holding the bag?  What happens to Mike Lindell's pillow fortune and all the "patriots" who cashed in their retirements to bring free speech back to the internet?

 

 

[jakee 1,254]

6 hours ago, brenthutch said:

Variations in market and management practices. Next question?

You said price drives demand. If the price is low people buy way more, more than enough to offset the profit margin. So why has the entire oil industry made twice as much money this year when prices are 25% higher on average?

Why does the oil industry making twice as much money this year as last year, and making slightly less money this quarter than last quarter come down to market and management, if Exxon alone making slightly more this quarter proves that low prices are good for oil companies?

And even though I know you’re just trolling, what do you achieve by making yourself look so clueless?

[olofscience 421]

8 hours ago, brenthutch said:

Variations in market and management practices. Next question?

Man, you must be terrible at poker.

Go on, explain what varied in management practices from last year.

[brenthutch 383]

4 hours ago, jakee said:

You said price drives demand. If the price is low people buy way more, more than enough to offset the profit margin. So why has the entire oil industry made twice as much money this year when prices are 25% higher on average?

 

There was this little thing called COVID

[wolfriverjoe 1,340]

5 hours ago, jakee said:

...And even though I know you’re just trolling, what do you achieve by making yourself look so clueless?

Being the 'most ignored' on here?

[wolfriverjoe 1,340]

Oh yeah, back to Twitter.

Musk is thinking about charging $20 per month ($240 per year) for the 'blue check mark' that verifies the account is genuine.

Not surprisingly, there are a few folks saying 'fuck that' (actually saying/writing that).

Musk claims they have to 'pay the bills'.

https://www.businessinsider.com/stephen-king-quit-twitter-if-forced-pay-verified-blue-check-2022-10

Heard elsewhere:
'Being the richest man in the world doesn't mean you're the smartest.
Just the greediest.'

[jakee 1,254]

1 hour ago, brenthutch said:

There was this little thing called COVID

In 2018? In 2019? 
 

At least you’re admitting that price doesn’t drive demand for oil and Brentonomics is pure muppetry.

[Phil1111 911]

5 minutes ago, wolfriverjoe said:

Oh yeah, back to Twitter.

Musk is thinking about charging $20 per month ($240 per year) for the 'blue check mark' that verifies the account is genuine....

Just reduced to $8 to show compassion.

[jakee 1,254]

18 minutes ago, wolfriverjoe said:

Musk claims they have to 'pay the bills'.

https://www.businessinsider.com/stephen-king-quit-twitter-if-forced-pay-verified-blue-check-2022-10

Heard elsewhere:
'Being the richest man in the world doesn't mean you're the smartest.
Just the greediest.'

It really illustrates the grotesque absurdity of trickle down economics. Trickle down tells us that any problems with the economy are the result of rich people not having enough money, and if we help them accumulate more then when they do have enough they’ll use it in ways that benefit everyone else.

Yet here we have a man who has more money than any person in history has ever had before threatening mass layoffs and jacked up consumer prices… because he’s not making enough money.

[Erroll 49]

 

 

As told by Corden (with apologies to Gervais)": 

 

“When you see Elon Musk talk about Twitter he does this thing where he goes ‘Well, it’s the town square,’” Corden said. “But it isn’t because if someone puts up a poster in a town square that says ‘guitar lessons available,’ you don’t get people in the town going ‘I don’t want to play the guitar! I want to play the piano, you piece of s**t!’”

[olofscience 421]

1 hour ago, wolfriverjoe said:

Oh yeah, back to Twitter.

Musk is thinking about charging $20 per month ($240 per year) for the 'blue check mark' that verifies the account is genuine.

Not surprisingly, there are a few folks saying 'fuck that' (actually saying/writing that).

Musk claims they have to 'pay the bills'.

https://www.businessinsider.com/stephen-king-quit-twitter-if-forced-pay-verified-blue-check-2022-10

Heard elsewhere:
'Being the richest man in the world doesn't mean you're the smartest.
Just the greediest.'

I've seen this somewhere else - the verified accounts are usually the ones putting the value in Twitter by bringing in the views which brings the ad revenue, which they currently do for free.

...and Musk's strategy is to make them pay for it.

Twitch and Youtube, on the other hand, share their ad revenue with their creators, which is the opposite strategy.

Let's see how it works out for him.

 

[ryoder 1,384]

1 hour ago, wolfriverjoe said:

Heard elsewhere:
'Being the richest man in the world doesn't mean you're the smartest.
Just the greediest.'

Who knew that paying a premium for a company that last turned a profit FOUR years ago, would mean scrambling to find a way to make money?

How about porn?

Twitter Exploring 'Paywalled Video' Which Would Obviously Be Flooded With Porn

[Phil1111 911]

Gotta hand the genius to Musk. Overpay for a platform overloaded with bots. Then charge users $8 a month to receive the tremendous benefit. To think that they are seeing some real people among all the bots.

[SkyDekker 1,122]

17 hours ago, jakee said:

Are you seriously gonna keep sitting there, staring reality in the face and telling it that it's wrong?

Why would you be incredulous about that, that has been his MO for a long time on here.

[gowlerk 1,912]

2 hours ago, ryoder said:

Who knew that paying a premium for a company that last turned a profit FOUR years ago, would mean scrambling to find a way to make money?

He wants it to be the "town square". But since when did a town square make a profit?

[jakee 1,254]

11 minutes ago, gowlerk said:

He wants it to be the "town square". But since when did a town square make a profit?

“I am running Twitter for the benefit of humanity… so give me money!”

Edited November 2, 2022 by jakee

[billvon 2,400]

34 minutes ago, gowlerk said:

He wants it to be the "town square". But since when did a town square make a profit?

When they have a very good PR division.

[SkyDekker 1,122]

5 hours ago, Phil1111 said:

Just reduced to $8 to show compassion.

Only in America would you get a billionaire to convince people they need to pay for Free Speech.