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Big Tech Twits Get Dumber and Corrupter!


Zorral
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53 minutes ago, Maithanet said:

Hank Scorpio is way more likeable than Mark Zuckerberg.  Not even close. 

One of my favorite jokes in that episode is that he is unfailingly nice to Homer.  Even when the marines are storming his lair and grenades are flying, he still takes the time to talk about Homer's family issues. 

Oh I don't think you're wrong...I just think that Zuck is trying for the likeable super-villain based on a cartoon because he's not capable of actual human touches...and he likely thinks Scorpio is the way to do that.

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3 hours ago, Jaxom 1974 said:

I'm convinces Zuck saw the "You Only Move Twice" episode of The Simpsons, saw Hank Scorpio, and said, "That. That is what I need to be..."

He still has a lot of work to do honestly. He still needs to increase his -12 Charisma score quite a bit before he even gets close to Hank Scorpio levels.

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On 7/5/2023 at 10:19 PM, karaddin said:

I don't think I'd go so far as to say he's not actively malicious, but he's not gratuitously malicious - he'll do it for the sake of gaining money or power, not simply for the sake of doing it.

Fair enough. Even as I posted I thought "not actively malicious" probably wasn't quite right. He'll trample whatever he needs to secure another percentage point of profitability, and engage in no introspection, but he's not actually trying to cause widespread harm. Musk wants to hurt people, and will actually take losses to do so.

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On 7/5/2023 at 9:02 PM, Varysblackfyre321 said:

Tomorrow threads comes online, I’m betting it’s a spectacular failure the first day, whose up for it? Winner gets bragging rights.

You lost that bet, sir.

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14 hours ago, Maithanet said:

Hank Scorpio is way more likeable than Mark Zuckerberg.  Not even close. 

One of my favorite jokes in that episode is that he is unfailingly nice to Homer.  Even when the marines are storming his lair and grenades are flying, he still takes the time to talk about Homer's family issues. 

Yeah Hank Scorpio was kind of awesome actually.

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Twitter Sues Law Firm Over $90 Million Payment in Elon Musk Deal
The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.

We have almost forgotten that ye fishy billionaire tried to back out of buying the bird at the last minute -- at least I did!

"Twitter’s previous management hired Wachtell Lipton after Mr. Musk tried to terminate his agreement to acquire the company last year. He was unsuccessful, and the purchase closed in October."

https://www.nytimes.com/2023/07/07/technology/twitter-sues-wachtell-lipton.html?

Quote

 

Twitter’s parent company sued a leading corporate law firm on Friday for what it said were unjust payments related to Elon Musk’s $44 billion acquisition of the social media company last year.

A $90 million payment that Twitter made to Wachtell, Lipton, Rosen & Katz, a top mergers and acquisitions firm, amounted to “unjust enrichment” and should be paid back, according to the lawsuit, which the parent company, X Corp., filed in San Francisco Superior Court.

The lawsuit said Wachtell Lipton took “funds from the company cash register while the keys were being handed over” to Mr. Musk, who owns X Corp.

Twitter’s previous management hired Wachtell Lipton after Mr. Musk tried to terminate his agreement to acquire the company last year. He was unsuccessful, and the purchase closed in October.

Wachtell Lipton and a Twitter spokesman did not respond to requests for comment.

Twitter has disputed other fees related to Mr. Musk’s purchase of the company. An advisory firm, Innisfree M&A, sued Twitter for $1.9 million in February over what it said were unpaid bills. Joele Frank, a public relations firm, sued Twitter in May, arguing that it wasn’t paid about $830,498 for services rendered in the deal.

Wachtell Lipton is one of the best-known law firms on Wall Street, having advised high-profile deals including Mr. Musk’s failed effort to take Tesla, his electric car company, private in 2018. The firm commands high fees, cementing its perch among the law firms with the highest profits per partner.

The firm has been sued before. In 2018, the activist investor Carl Icahn sued Wachtell Lipton over its work on his hostile 2012 attempt to take over CVR Energy. The suit was dismissed.

According to documents submitted with Friday’s lawsuit, Twitter’s board and executives approved the $90 million payment because Wachtell Lipton and one of its lawyers, William Savitt, had succeeded in making Mr. Musk abide by his agreement to buy the company.

By approving the payment, Twitter’s former executives and board breached their fiduciary duty, the lawsuit said. Twitter’s board rushed to close the deal with Mr. Musk and did not act “prudently” or “on an informed basis,” the lawsuit said.

Wachtell Lipton was wired the bulk of the $90 million fee a mere 10 minutes before the deal closed in October, the lawsuit said. Within minutes of Wachtell Lipton’s receiving that transfer, Mr. Musk fired some of Twitter’s top executives, including its chief legal officer and general counsel, according to the suit.

 

 

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7 hours ago, Zorral said:

Twitter Sues Law Firm Over $90 Million Payment in Elon Musk Deal
The lawsuit targeted Wachtell, Lipton, Rosen & Katz, a well-known Wall Street law firm, for “unjust enrichment” related to Mr. Musk’s $44 billion purchase of Twitter.

We have almost forgotten that ye fishy billionaire tried to back out of buying the bird at the last minute -- at least I did!

"Twitter’s previous management hired Wachtell Lipton after Mr. Musk tried to terminate his agreement to acquire the company last year. He was unsuccessful, and the purchase closed in October."

https://www.nytimes.com/2023/07/07/technology/twitter-sues-wachtell-lipton.html?

 

I never did forget. As soon as I saw this lawsuit I had to laugh. Suing a law firm because they beat your ass in court is a real non starter. At a $1000 per hour I think the law firm being sued is singing 'dollars from heaven'

Inflation you know.

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1 hour ago, maarsen said:

I never did forget. As soon as I saw this lawsuit I had to laugh. Suing a law firm because they beat your ass in court is a real non starter. At a $1000 per hour I think the law firm being sued is singing 'dollars from heaven'

Inflation you know.

And like Trump he often doesn't pay his bills. Smart business, right? I can't help but laugh at how much the company has lost in value and it's only going to get worse. It will probably be below $10B by the end of the third quarter. 

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Soon a blue check on the bird will cost ya $16 a month to pay EM's legal bills.  If Trump can grift his base to pay his, you Musk will want some of that action too.   

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5 minutes ago, Varysblackfyre321 said:

I think that was the original price until Stephen king bullied elon

And King didn't pay the $8 bucks a month either.   Steven King, successful writer, Musk, dumb ass billionaire losing money.  

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3 hours ago, maarsen said:

I never did forget. As soon as I saw this lawsuit I had to laugh. Suing a law firm because they beat your ass in court is a real non starter. At a $1000 per hour I think the law firm being sued is singing 'dollars from heaven'

Inflation you know.

I never forgot either. And every time Musk or one of his fanboys spouts off about how he bought the company because “anti-woke defender of free speech” or some such idiocy, remind them that he tried to back out of the deal and was sued into going through with it.

This lawsuit will go well I imagine.

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16 hours ago, Deadlines? What Deadlines? said:

I never forgot either. And every time Musk or one of his fanboys spouts off about how he bought the company because “anti-woke defender of free speech” or some such idiocy, remind them that he tried to back out of the deal and was sued into going through with it.

This lawsuit will go well I imagine.

Like the Trumpist MAGAts, the remaining Musk Fanboys will never admit to it being a legitimate criticism. What Musk does, says, or is (same with Trump) matters less than what he represents to them now. Reality is just an inconvenient fact best ignored.

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