Even better, #elonmusk looking to #fire half of #twitter https://www.zerohedge.com/markets/elon-m.. It looks like there was really that much fat to be cut. #twitter may still yet become a #profitable #company !
As expected, #elonmusk after finally #buying #twitter will now #fire 75% of the #staff to cut the fat of the #company that is un- #profitable https://www.zerohedge.com/markets/chief-.. This is inline with other #tech #companies also #firing people. Apparently he has already #fired the #chiefexecutive , #chieffinancialofficer and other #executives .
@barray on Sun Oct 09 12:54:49 UTC 2022 said: &eAs I was saying, #elonmusk is not #neutral when it comes to #china 's #ccp https://www.zerohedge.com/markets/tesla-.. If he speaks out against #china or doesn't do as they say, his #profitable #business in #china will be #destroyed . Not that it matters, they are literally actively #stealing his #ip as we speak.I wish #elonmusk would just #shutup sometimes: https://www.zerohedge.com/political/musk.. This is clearly #elonmusk supporting #china 's #ccp as he has interests there with his #tesla #business . The #irony is they are stealing his #ip in favour of #chinese #ev 's. #taiwan 's #freedom is worth more than his #profits .
It's no longer #profitable to #mine #bitcoin https://finbold.com/bitcoin-mining-becom.. I suspect this may trigger the #collapse of #crypto https://uk.finance.yahoo.com/quote/BTC-U.. It's currently at 20,400 as of speaking, but I imagine we will see another #crash soon.
Interesting, #jackdorsey of #twitter has #resigned as #ceo https://twitter.com/jack/status/14653470.. Apparently it is because Twitter is not #profitable and never will be. #square on the other hand has a large #marketcap and has greater future profitability: https://en.wikipedia.org/wiki/Jack_Dorse..
More on #china 's #energy problem: https://www.reuters.com/world/china/chin.. Apparently #power #generators are shutting down because of the 10% maximum #charge increase, meaning it is no longer #profitable to #generate ... So it looks like this is an entirely #ccp generated problem.