#yahoofinance #twitter #elonmusk
Yahoo Finance’s Alexis Keenan and Pras Subramanian join the Live show to discuss how Twitter losing more than half of its attorneys will affect the company.
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Great it will be finished before you illumanti new year. lol No wonder he pulled his money out fast.
Musk isn’t mentally competent.
There is no bad publicity, its free ads for twitter. XD
Yep, “free publicity!” is what I think every time I see a sign saying a restaurant was closed by the Health Dept.
Unfortunately Twitter needs paid advertising. Free advertising of the sort it is getting is not helpful in wooing advertisers.
Everyone stops to look at a traffic accident. But that interest fades when it becomes an outdated spectacle.
Metaunderverse along with Facebook already circling the drain. Twitter almost finished, MSM the least believable news according to an Oxford study on global media influence. InstaHOE only focuses on reposting pictures not so much garbage news. Looks like most of their misinformation tech is going away before their fake new year or shortly after. In any event, all have a short shelf life.
@WhatsApp𝟭𝟮𝟳𝟲𝟮𝟯𝟮𝟭𝟱𝟱𝟲 The insights are the model where you are talking at people and turning off comments of content YOU deem controversal that doesn’t exist on TikTok. You can comment on 99 percent of the content. If the comments are turned off a video, I don’t watch it. I control my experience and I am not online to be programmed. If you don’t want commentary then don’t post the video. The more you do it, the lower your viewership goes.
Guys on a roll. Hero
However 26% and growing according to Fox News yesterday, is getting their news from TikTok. With receipts after they dissect the msm bs narratives or use the videos to autopsy the bs.
How do lawyers go hardcore, workwise?
I imagine the unemployment claim disputes and severance pay disputes will keep their attorneys quite busy.
He’s trimming off the fat.
@Night Coder At this scale its not trimming off the fat. It’s a liposuction.
This guy is a hero. He will Make Twitter Great Again. Get rid of all the dead wood in the company
I don’t think so. I also don’t think lots of folks on YouTube know very much about who bankrolled Musk buying Twitter.
🥒🥒💦
Shows how much dead weight they had
Seriously. Who cares. Twitter under a microscope is getting old really fast.
Facebook laid off twice as many employees.
he is definitely cleaning up the swamp. Twitter under Jack Dorsey and Parag was a rotten toxic swamp. Iam glad all the leftist woke are fired or they were the given option to leave. Good riddance. May be Elon should become the POTUS in 2024.
This is a big nothing burger
The difference in Twitter and TikTok the content stays around and is circulated for much longer on TikTok. Any user can repost putting their own additional content to it. There is no time out on the content, freely scrolling past you. The user controls that and what they want to see and not thru following someone, which makes it much better. You can still get content you want, and you don’t have to sign up for an account to see content.
Twitter is old, along with Facebook now, Myspace, and whatever else. Most are on them now to grab stuff they can use to autopsy the content and add comments. It’s bs what is being said or put out anyway. Just raw material like a stock website for content.
You also have China tracking your every move one TikTok. Now there is a plus!!
You don’t even have the numbers. 150 to 200 is a big diffetence.
I bet they were the leftist extremist ones! Now remember it’s his private company and he can censor and ban everyone he wants too! Your rules for inverted😅
And
ELON SHOULD HAVE STUCK TO CARS! I THINK
Musk could drive Twitter into bankruptcy and his followers will still praise him as a genius businessman…
Elon must really regret ever buying Twitter his getting the type of attention he didn’t want and it could mess up his Telsa stock value
Opposite. He makes great progress, Twitter is on a very good way already, Tesla just now soars 7%
I mean if you’re threaten to get sued into oblivion if you dont buy a unprofitable company for more then its worth with a 10 of thousands employees who intend to rebellion against you then you are already screwed.
@Runner C that was all before yesterday and the lazy nay sayers are already all out, user count rockets up, all advertisers wanna be onboard very soon again, great things to come! Too bad its not a stock I can invest in🤷♂️✌️
I don’t know about everyone – but I will definitely wait for an electric car NOT from Tesla and am in no hurry in going to space or to mars! Every rise has a downfall, this is Elon’s!
@Runner C elon made the ridiculous offer and signed the contract. He tried bailing but has only himself to blame.
And the excess weight and extra pound come off as Elon slims down twitter.
Reducing costs, free publicity, changing the strategy, converting twitter into wechat.
Except Twitter didn’t need free publicity or benefit from it much as the negative publicity scares advertisers away which is its current income source. Reducing costs can be a great thing if it improves the bottom line, net income. Too soon to tell on that front.
@Will Endeavor to Send me a direct message here I’ll coach you on somewhat Strategies📊
Buying a company that is $13 billion in debt with negative net income for $44 billion.
Musk is one of the greatest scam artists ever, I’m sure he will come up with a way of selling the company to someone misfortunate enough.
Its easy to hire a new one
The guy just ask for financial statements. Sees the amount paid in services and labour, doesn’t even need to look at the name of the expense or service and just says cut it by half. And that other big line down there supress it.
Endeavor to Send me a direct message here I’ll coach you on somewhat Strategies📊
Sounds like Ellen is cleaning house and doing a great job making Twitter profitable and moving it to the direction it should’ve been from the start
@DianaS That’s Elon’s benevolent mirror twin sister in another universe where that statement makes sense.
@Codie Petersen lol winner
I thought she got her talk show back ? I didn’t know she was over at twitter firing lawyers….
@Don Draper Thanks for watching Tell Jeremy 👆 I referred you to him, he will introduce you to something highly profitable
Twitter can’t and won’t be profitable with no big name companies willing to advertise on it.
I think the hate elon is getting is too much. I couldnt take it.
☺️ I read most of the comments. I was permanently suspended by Twitter in 2017, and, feel good about it.
All those attorneys are starting firms that will be hired by either Musk or his angry creditors during a bankruptcy. Ooof
Who cares? Laid of the old spies and losers, good for Elon, he has his own willingly and fresh unbiased elite pros. Congrats Elon!
🇧🇾🇧🇿🇧🇿
By “loses” you mean fired? You guys are getting worse and worse. Not that I am implying you were ever any good.
Thanks for commenting on the post, WhatsApp the number above👆👆
For more details📊📊
Thank god he’s draining the swamp. Every other tech company has fire more lol in the same period
250 lawyers? Why so many damn lawyers?
You’re about to find out.
200 lawyers… holy guac. No wonder there is no money in this company. I really hope he gets things settled soon, so we all can get back to business. Wasnt it YF reporting a week ago there are only 280 employees left? There is so much outrage drama around this and frankly it litteraly is none of our business. Dont like twitter? dont use it. Dont like to work for Musk? Work for someone else. The real scandal is FTX, and not weather twitter is doing this or that. Very crazy times where a few genZ haks control the narrative into oblivion.
Hold another poll Elon asking if you likely drink dirty bong water at the start of each day .
Does it really count as ‘losing’ them if they’re no longer wanted?
“IM NOT OWNED, IM NOT OWNED!” -copium
Well, cope that Elon doesn’t need redundant workforce snowflakes.
@reaper “Redundant” 😂
That’s why you’ll never be a successful business person. You think attorneys are redundant lol.
This dumpster fire is just getting started ☕️
You do understand the difference between “wanted” and “needed”?
No, but this video is propaganda.
” … Twitter legal knowledge is in jeopardy … …”
😅😂🤣 You mean “Twitter woke cuture” right?
Lawyers are a dime a dozen now days. Law schools churn them out by the hundreds of thousands every year. Let them learn to code and earn their keep.
Actually it’s about 34,000 per year.
Of course that’s like saying, they make plenty of basketball of football or baseball or tennis players every year.
Lawyers at a company like Twitter were either apprentices, specialists, or major league. The top 2% of lawyers.. maybe the top 0.5%.
Twitter is in over 190 countries. Some things legal in the u.s. are illegal in other countries. Twitter is walking into Britney Griner territory and just fired the people keeping them safe.
@Mac Mcleod The crack in your neighbor’s driveway is too large. Quick call a lawyer!!
@John Smith since you were wrong in your first post, you decided to double down.
I had a lawyer to process a will when my mother died and I had a lawyer when I was hit from behind sitting at a red light and put in the hospital.
I understand the value of a lawyer.
Twitter is filled with deception lying racism Twitter is garbage Free speech should be the truth and not l lies musk has destroyed Twitter all media platforms that spread lies deception racism and hate must be destroyed free speech is not about lies deception and hate Twitter must Fall
👆ʟᴇᴛ’ꜱ ᴛᴀʟᴋ ɴᴏᴡ📝☝️☝️,
ᴄᴏᴍᴍᴇɴᴛꜱ ᴀɴᴅ ʀᴇᴠɪᴇᴡꜱ ᴀʀᴇ ᴀᴘᴘʀᴇᴄɪᴀᴛᴇᴅ ᴡɪᴛʜ ɪɴᴠᴇꜱᴛɪɴɢ
Almost everyone there should expect their job to be terminated. The moment they found out he was buying the company, they should have been looking for new jobs.
1/2 a million attorneys at the bottom of the ocean is a good start .
They are a drain on the bottom line.
Thanks for watching Tell Jeremy ⬆️👆 I referred you to him, he will introduce you to something highly profitable
they fined twitter $150?
Just like how they handled FTX…. weak.
@Randy Osborne I don’t get it. $150? Or $150 million?
What ever will we do without all them lawyers? I’m sure people will be concerned that the out of work lawyers won’t be able to afford to get a new BMW this year. Some of them may actually have to get a CV in order and shop it around the city. I would think that the time spent eating Twitters free lunches will look great on it.
@Alan Taylor and do you follow electrical codes?
Do you understand lawyers make sure corporations are in compliance with legal codes. And while the penalties for violating legal codes are not usually death or hospitalization, they can be hundreds of millions of dollars.
Also, staff lawyers cost about $120k to $160k per year. Ad-hoc attorneys cost $300 to $600 per hour. Think of it as a large company having an electrician on staff instead of calling John Moore to come do the job.
And musk has *already* violated laws in dozens of countries globally (including the U.S.) in less than two weeks. So bad that his chief lawyer over compliance left without notice *the same day* musk made certain changes around security and compliance. That’s because those changes include exposure to *prison* time as well as huge fines.
Picture it as your master electrician leaving immediately because the boss is approaching the main bus with a crowbar to short circuit it to see if it has power.
I hope this helps you, a highly skilled electrician, understand what’s happening legally at twitter. Musk is acting outside his area of competence.
@Mac Mcleod You must be a company lawyer . Twitter HQ salaries started at about 100K so it is unlikely that the lawyers only got 120K. Some where around 1 in 25 employees was a lawyer. After a few employee cuts it looks like it was about 1 in 10. Also were these the guys twitter was using to sue Elon? I am fairly certain that Elon knows a few lawyers and is also aware of what the laws are. He is unlikely to be going to jail for firing people.
@Alan Taylor no jail for firing people? Agreed. Jail for failure to comply with laws in 190+ countries and with sarbanes oxley which he must personally sign off on and take responsibility for? Not so certain .
Not a lawyer. Retired fortune 100 manager.
@Mac Mcleod May have ran the odd other company or two and knows all about this stuff. As for 190 countries laws He ain’t worried
@Alan Taylor completely different set of laws. And musk already embarrassed himself once in court because he thought he knew the law.
He’s smart but he is not a lawyer. I would go to him for legal advice just like I wouldn’t go to him for surgery or to do my plumbing.
He already screwed up legally and was forced into spending 40 billion dollars. Not a good example of his expertise. They owned him in Delaware.
I predicted that Twitter and Facebook would cease to exist by 2024, so far I’m on track to win a 100M$ bet!! lmao
What do you think social media will look like? MySpace was replaced by Facebook. No Facebook or Twitter, what do you think?
And you will lose horribly, pal. Especially on the Facebook part.
The number of people Facebook is affecting all over the world is like a few times more than what it’s affecting in US or Europe. You’re not the center of the modern world anymore.
Facebook is crucial to businesses existence in those countries.
🤣You are so wrong, opinion is not facts. Facebook is huuuuge owning Whatsapp and Instagram, best Usercount still on FB. Twitter hardcore reduced costs within days, security, performance, bot-problem usercount very increased and improved already. Facts don’t care for your opinion and feelings. Education and knowledge can be great fun💯✌️
Facebook is evil and has maxed in size so it’s making some risky moves.
Twitter is running around with lit sticks of dynamite.
Facebook will probably exist for 20 more years and slowly become less relevant because it violated too many people’s trust too many times.
@Mac Mcleod that’s simply not profound but wild opinion 🙄 guess who owns Instagram and Whatsapp btw and has with FB alone most MDAU’s and ad earnings in social media🤷♂️✌️
Thin the heard well done
Thanks for watching Tell Jeremy 👆 I referred you to him, he will introduce you to something highly profitable
Lolll! The Titanic is sinking fast
The old twitter regime needed a lot of lawyers to fleece their investors and advertisers, now the lawyers are no longer needed. Yahoo finance bias discussion shows why you do not want to subscribe to Yahoo finance or be one of the unlucky fools to take their financial recommendations. You need a real financial advisor, not a web page of opinions.
Lol. And musk needs them. For the warn act lawsuits. And he needed more than he had for the ftc audit before he rolled out new features in violation of the agreement. Lol. How many billion is this costing by my estimation we are at 8 billion total in severance and fines.
Thanks for watching Tell Jeremy 👆 I referred you to him, he will introduce you to something highly profitable…
Twitter has 200 legal staff before Musk? Is Twitter a law firm? It’s a tech firm for god’s sake! No need for an army of lawyers. We can see now how cost inefficient Twitter was.
Lol Elon is gay
Just another 1/3rd to go 😆😆
The real fun begins when the security fails. That along with Twitter blue verification is going to be quite the wake up call for Musky.
@M. Irfan how did people like you become so misinformed? Jesus…. I worked at Tesla…ask the engineers at Tesla who was the chief engineer of the cars. Musk slept in the factory for months and knew every single car component and it’s functional use in the assembly process. He used to run around like a maniac troubleshooting issues for teams …. As a human he may be flawed, but facts are what they are – he has put in more hours and did the ground work on every component of the car
@M. Irfan stay salty brokie
@Ordinary G33K strangely Twitter has added more users at a faster rate than ever. Cry commies 😭🤣👍
@Fai A. Yes he doesn’t know what he is doing. Especially when he can’t grift his way to a healthy balance sheet on the backs of taxpayers. Wall Street Journal is now predicting bankruptcy.
@Ordinary G33K You sound biased. Give it some time, buttercup.
I’m willing to bet that behind the scenes Elon Musk is admitting to himself buying Twitter was a big mistake.
Stop buying into the MSM sky-is-falling misinformation. Twitter or whatever Elon evolves it into will be worth $1 trillion plus in 6 years. He doesn’t just go off half-assed in these endeavors.
The greatest threat to Twitter now is the Biden administration and all the departmental flying monkeys he can unleash to interfere – which were never unleashed on Old Twitter BTW for egregious practices Elon is determined to eradicate.
I doubt it. For every dem that leaves, a rep will gladly take his place.
He does what he wants with his money, he knows exactly what he’s doing. He’s no fool
@Michael What are yours to claim he isn’t?
@Michael u do know the only reason tesla got as big as it did is because the government subsidies right! His business model is get government handout and if he can’t he moves to a different state to get better government handouts!
Why do you think he started fighting with President Biden?
Biden cut him off of federal funding so Elon got mad and started attacking Biden!
Kinda like taking someone of crack cold turkey lol!
Beside Elon has his 100% of hi factory in china… it’s shut down and now china is basically taking all Elon’s intellectual property and giving it to other chinese companies to produce the e-vehicles.
Elon is in a horrible position at the moment! Let’s see how it turns out
Cool for anyone of value to take 3 months pay. Easy to find another job or more likely get hired right back at Twitter.
Many years ago I was working at Atari when Tramiel from Commodore took over and bought his top counsel with him. Commodore sued for taking employees. The lawyer now at Atari arguing against the lawsuit was the same guy who had filed it before leaving. I think Commodore would have paid him a lot to come back.
some are refusing to return for $100,000 raises.
twitter fired several dozen people before thanksgiving in a way that violates the WARN act.
twitter also “fired” people in other countries. I say “fired” because by those coutries laws the people are not fired and twitter is on the hook for pay and other labor law violations.
And ex employees are just beginning to start the lawsuits.
And of course, twitter is now down from 7550ish employees to 2600ish employees- most without any research or due diligence (huh.. kinda reminds me of Musk signing the twitter deal in the first place).
Musk seems to have gotten the idea that he’s above the law.
Musk, puts the Twit, in Twitter.
People don’t want to be a part of this mess. Social media is ruining people’s careers.
Social media is ruining people’s careers? People are ruining their careers by putting everything on social media to hear people’s praises. Very sad that they are feeling so needy.
Why do u need 100 attorneys
Twitter is in close to 200 countries.
Britney Griner is in hard labor for 9 years because she did something legal here that isn’t legal there.
Elon Musk before he bought Twitter: Bots are a huge problem and undercounted by Twitter
Elon Musk after buying Twitter: Bots? What Bots? I don’t see any Bots which is why I haven’t lifted a finger to deal with them. Where did you guys get the idea there is a Bot problem on Twitter?
Vox Bottii (maybe someone can latinize this better for me)
=
Vox I wanna hear-ii.
“Please save the comp’ny I just bot”
Because you literally call anyone with a left of right opinion a bot
Twitter probably only needs a tiny legal team which then can outsource their requirements. Only the technical engineers and the sales force are critical. Twitter will be unrecognisable in 5 years time, with the amount of services they will offer and the platforms they are going integrate. They also. will invent new ways to monetise decreasing their dependency on advertising.
Twitter has to comply with the law in dozens of countries. It’s already out of compliance now. It will be found non-compliant in january in the U.S. That’s a big one– multi-hundred million dollar ongoing fines.
Staff lawyers are cheap. Freelance lawyers are 4x to 5x the cost.
Flipping the bird. – Elon musk
Right back at you.
Elon Musk will fix Twitter. He will use SPACE technology.
He will also make it underground in a vacuum sealed tube.
Thank you so much Elon Musk! You are paying for all of our mistakes – you are balancing out the corrupt system – you are fighting for freedom and fairness – definetly MVP of the earth
HAHA
it’s overmanned anyway
No need
I feel like other tech companies (Meta, Amazon, Netflix), Twitter needed to layoff some staff note anyway so this is just his way off doing it. Maybe?
Yes that’s what happens when new person in charge takes over these pundits never ran a business a day in their life, they don’t know anything about it. Musk will hire the right people, Twitter needed a shakeup anyway and start with smarter people in charge. If that was the case why own any businesses because afraid of bankruptcy not everyone fails that’s with anything in life the good stay the bad go. There’s a lot of money that can be made if done right not everyone can do it, these idiots are comparing to the failed ones not everyone fails get it through your doofus thinking.
Better to work on fixing some of those Tesla defects.
House cleaning
Why was twitter having having over 100 attorneys, are they a law firm?
There’s a Lawyer joke somewhere!!
Perfect👌🏻 right people in the right position
quality not quantity 🤘🏻
Save $ and pay for the right people with right salary.
Musk for president 🫡
Oh, boy. What can they do. As if attorneys aren’t prostitutes who will say and work for anybody with a big wallet.
Next man up. People have this delusional attitude to think that they’re important when they really are not. Where does it come from, I wonder?
Its like the captain of a cruise ship firing most of his bridge crew, engineering staff, and half his support and expecting to have a pleasant sailing on trouble seas.
Except ones a boat and ones a bloated small messaging board with more employees then an aircraft carrier
More hurt feelings? Lol
Twitter was rigging elections and setting fire to the sacred American concept of truth via the first amendment.
Twitter loses more than half of its attorneys? You say that like they wandered off. He probably has tons of attorneys already working for his other companies; why would he double up??”He can’t stay out of the New”? How you talking heads like to twist things around. YOU can’t stop using him as clickbait. Sources say……………..let’s tell it like it really is…………..” while trolling TikTok, we found this…………. Hard-hitting journalism at its best! Sounds like most of the “lawyers” were management. This means they kept the people who were doing the REAL work.
I dont get this plan elon
Stop censoring comments Libbies.
Isn’t that the power you feared losing on twitter lmao
You are not being censored by Liberals.
You are being censored by a private, non governmental big business algorithm to maximize advertising revenues.
So it’s okay, by right wing standards.
😂😂 the media must hate Musk so damn much. Look at all of these attentions they’ve been focusing on him. Imagine if they do the same thing to the whole FTX scam. 😂
Hahaha. they must hate FTX so much… look at all the FTX articles where they don’t mention Musk at all.
FTX is already being handled by a bankruptcy lawyer who helped deal with Enron. It’s not making new headlines. Musk does something batshit crazy every day.
Musk *wants* to be mentioned– regularly.
@Mac Mcleod 😂😂I couldn’t be more careless about a dude running his own company. And I’m pretty sure you don’t even work there 🤣.
@Tien Le if you don’t care, then why not go post in an FTX forum. Or perhaps you can bring up FTX in mumbo Jumbo’s minecraft channel. Or maybe one of James Hoffmann’s coffee channel.
Oh wait! The lock picking lawyer never discusses FTX. Neither does Ashleigh Madison on her Millenial Movie channel.
@Mac Mcleod the hell are you talking about?? Are you having a meltdown?
@Tien Le bruh. Im just helpfully suggesting other forums you can talk off topic in.
Cheers!
“One billionaire that can’t seem to get out of the headlines”
I mean, you ARE making him the headline 😂
Yahoo just mad they can’t get that CP anymore.
It’s already profitable! Stop lying!
So funny they always refer to other media outlets, rather then doing their own research… journalism is dead 💀
1/2 the company’s lawyers have been removed? Sounds like a great start. Keep it up!
Joke about lawyers until you get sued or in legal trouble. Then you need them. Staff lawyers are *cheap* compared to freelance lawyers. A staff lawyer who might cost $160,000 to $180,000 will cost you $750,000 to $1 million on the open market.
Agreed.
@Mac Mcleod what you don’t think Elon musk doesn’t have his own lawyers.
I wish this happen to Instagram and Facebook.
Musk’s plan is to rid the US workforce and outsourcing their jobs. That’s how he will make Twitter money.
Twitter still runs fine. What were the other people doing `?
You know some rental companies just drive the cars 50,000 miles with no maintenance, not even oil changes.
They feel it’s not necessary. The cars still run fine when they sell them.
Instead of trying to predict 🤔and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks’ been averaging 150K every 7week these past 4months according to Bloomberg.
I noticed, a lot of folks are making huge 6figure😳 killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge.
True, 75% of my portfolo was tanking and in the red and the economy isn’t looking promising, but I began gaiinng clarity and have more confidence in my invt through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren’t essential, but come to think of it, they’re better trained and equipped at this and if I have to give just a little amt in fees for me to be able to net $650K in less than 8months like I did this year, I truly don’t mind.
@Tblaze Gutt please could you recommend your resourceful Advisor???
@Tblaze Gutt I sincerely Appreciate your concerns, let me check her website and chat her.
@Tblaze Gutt I did check-her-out,, I see why she’s booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.
He’s getting rid of the bloat – watch and learn how he makes this company profitable like all his other ones!
I imagine they have a legal perspective that no Trump voter can aspire to.
Funny to watch maga go running to wealthy, east-coast-educated socially-elite, social media tech platform owning dual national.
lmao rip
Wow, all the sour grapes in the comments here make for some sweet whine.
Why don’t they just have outside counsel
Translation: Elon fired half of Twitter’s attorneys.
There I fixed your headline👍.
Those who are not performing well at Twitter or another company deserves a second chance, especially when they are willing to change and be more productive and consistent. This can be done with the right approach from upper management. I have never run a company before..but if I should…I will do it in a clean way.
MSM’s favorite word when trying to profit by smearing Elon Musk is JEOPARDY and all the vital components of society jeopardized by his actions.
Those of us sick of MSM BS are so happy to finally have an empowered champion to fight against the rot of the MSM machine.
Elon, fire everyone & run Twitter yourself! FSD works, no? 😂
Saving money again.
Hard core work proposal? You mean actual work.
The funniest part about all this is watching all the libbabies trying to cope.
“i never even had an account on twitter”
lol sure thing cupcake 😆😉.;
It is amazing a fewer than 100 lawyers are still there to censor speech.
congrats, get rid of all the left wing attorneys that fight against free speech. they’re easily replaceable.
Good get rid of the bloat