Not So Fast CCJ: Twitter Is NOT Shutting Down
Yeah, file this one under “Milo and Chuckles Johnson the Lesser have a wet dream and mistake it for reality. Yet again.”
Apparently, the hashtag #SaveTwitter started as a joke about some dipshit YouTube star having his feelings hurt on the platform, and quickly caught fire amidst the usual chuckleheads, window-lickers and hair-trigger freaks that take anything appears on a smartphone screen to be The Undeniable Gospel Of Manly Truth.
You can read Mashable’s excellent tick-tock on this:
Due to the trending nature of the #SaveTwitter hashtag, it was easy for individuals to jump into the stream and create rumors fueling the hashtag further.
A guy who claims he is a famous YouTuber, BradTheLadLong, sent out a tweet insinuating he was the reason that Twitter was closing its doors. He was, of course, making the whole thing up. (Yes, everyone relax.)
This same user is a known Twitter hoaxer. He was also behind online claims that One Direction star Louis Tomlinson was not going to be a father — which was later proven incorrect, when the singer announced he was a dad.
Hoax sends Twitter into panic as #savetwitter rumours say site will shut in 2017 https://t.co/jVvPFeLGGU
— The Guardian (@guardian) August 11, 2016
But, despite all this, the dumbshits at Breitbart are totally hanging on the rim, because they hath slain the beast that hurt Milo’s fee-fees
Twitter is Where Silicon Valley Careers Go to Die #savetwitter #FreeMilo #HillarysHealth #SethRichhttps://t.co/KAm8Zubh4t
— MUD (@shadowmud) August 11, 2016
Here’s some of Milo’s wishful thinking, where all those meanies working at Twitter are gonna totally be sorry about banning him and MOMMY!!!! THEY WAS MEAN TO ME BAWWWWHHH!
Twitter’s inability to hold onto its employees is going to set up a vicious cycle for the company where they have to pay high retention bonuses and high pay to attract talent that, in all likelihood, now see a job at Twitter as toxic to their career prospects. That will hurt earnings, which hurts equity offerings (stock options, restricted stock grants) which comes back to hurt executives, which in turn makes them more likely to leave, thus starting the cycle all over again.
Who’d have imagined that the next Yahoo! was going to be Twitter?
Twitter can’t escape from the fact that its declining fortunes have coincided with the worst period of political controversy in its history. Because it has chosen to be an arbiter of speech rather than just a conduit, it is now facing relentless attacks from social justice warriors and their media allies, who want a harsher censorship regime. Any action Twitter takes is then faced with a furious (and justified) backlash from conservatives who are the targets for this censorship.