A surprisingly large part of the for-profit web secretly depends on Wikipedia:
Wikipedia articles appear in 67%-84% of all search engine results & most info boxes
Wikipedia generates 43M clicks to external websites a month, many people go through Wikipedia to find other pages
BIG TECH
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Wikipedia’s Hidden Role in For-Profit Web Infrastructure
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Business Scholarship and Critical Evaluation of Tech Leaders
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I think some of the stuff you see as Musk criticisms were not meant as Musk criticisms (this wasn’t). But I also think it is important to make the business scholarship I share relevant, and to make sure people aren’t blindly emulating successful role models, so it does come up.
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Tech Layoffs Signal Worsening Business Outlook and Market Shift
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Tech Layoffs Reflect Worsening Outlook. Enterprise technology so far has been a relative bright spot. That may continue, but with a growing emphasis on services crucial to running a business and can be monetized right away. https://
wsj.com/articles/analy
sis-tech-layoffs-reflect-worsening-outlook-11667523187
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Twitter’s $1bn annual debt burden from leveraged buyout
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Yeah I find it pretty frustrating that Twitter-the-company is now on the hook for $1bn/year interest payments pay off the loan that was effectively used to reward the previous shareholders with a tidy multiple
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Amazon’s Financial Strength vs Twitter’s Billion Dollar Debt Burden
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Amazon can afford to pay well. Twitter now owes $1bn/year in interest payments, which is more than they've ever made in profit.
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Musk’s Twitter Lenders Prepare to Hold $127 Billion Debt
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I mean at this point it wouldn't surprise me. The banks don't see to think they'll get their money back https://
reuters.com/business/finan
ce/musks-lenders-prepare-hold-127-bln-twitter-debt-books-until-early-2023-ft-2022-11-01/
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Half company departures following major acquisition deal closing
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Half the company within seven days of the deal closing?
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CEO Leadership Fails to Understand Social Media Product Strategy
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I don't think strategies that work for building spaceships (projects where people will tolerate a LOT of bad culture for the chance to work on them) are going to work for a social media service – especially not when the new CEO clearly doesn't understand /why/ the product works
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Major layoffs after acquisition raise questions about decision-making
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Imagine firing half the company a week after you bought it and being confident that you made good decisions https://
t.co/M1cMnzUXll