Elon Musk's X Corp faces $61M lawsuit over unpaid tech tabs X is facing yet another legal case in the shape of a breach of contract claim from IT infrastructure provider Wiwynn over non-payment for $120 million in components it procured for the Elon Musk-owned biz. The Taiwanese firm describes itself as a cloud infrastructure provider for hyperscale datacenters. The case regards $120 …
Twitter ordered it, Twitter needs to pay. Seems you think Twitter should not have ordered these goodd, but clearly Twitter didn’t think so.
Seems like Twitter may not have had a very good handle on its procurement. That was evident from its financials, and some dubious deals for merch, or just some of the stuff flogged off from its San Fran playpen after Musk took over. I'm curious what the MSA actually said, and if it included normal things like change of control. If Twitter had ordered/approved tin, then X/Twitter should pay.
As Elon has become buddies with Donald Trump, I'm sure that Trump's No 1 rule of business has rubbed off on Elon.
That rule states that you stiff your suppliers if at all possible. Trump owes one city over $400K for a rally from his 2016 campaign.
Elon might be the one stiffing suppliers to Twittler because of the dwindling AD revenue.
Just speculation though.
Hyperscale datacenters are not standard 1U/2U/3U etc servers, they are not traditional blade servers, often running custom DC power supplies, custom chassis, 100Gb networking, custom ASIC 100Gb TOR switches, etc and more. Basically selling by (the highly customized) rack. They are very dense with lots of compute.
"Elon Musk has posted an AI image of himself and declared he is “willing to serve” after Donald Trump said he would consider giving the billionaire a role in his administration if he takes back the White House in November.
In the image, Musk is seen standing in front of the American flag at a podium branded: “Department of Government Efficiency.”
Get ready to be sacked if you don't accept Musk's new "hardcore" terms if you work for the government, or not get paid if you get a supply contract with them, as this is obviously Musk's magic formula for "efficiency savings".
"Not paying bills was also Trump's MO..."
e,g "Bankrupt Rudy Giuliani Sought Trump Payment ...'
Newsweek
https://www.newsweek.com › donald-trump-rudy-giulia...
Jul 5, 2024 — Giuliani said that his invoices to Trump were ignored, leaving an outstanding total figure of "about $2 million."
And still unpaid as of yesterday apparently.
CNN
https://www.cnn.com › giuliani-trump-legal-bills
Aug 17, 2023 — With his attorney in tow, Rudy Giuliani traveled to Mar-a-Lago in recent months on a mission to make a personal and desperate appeal to ...
New York Magazine
https://nymag.com › 2023/08 › trump-giuliani-begged
Aug 19, 2023 — Lawyers representing Rudy Giuliani say he's broke, due to multiple 2020 election lawsuits and now Georgia criminal charges. Donald Trump ...
Here's my expression of sympathy for Giuliani getting screwed over and abandoned by Trump in exactly the manner anyone could have predicted, i.e. the same way he's screwed over and abandoned pretty much everyone who thought *they'd* be the one exception whose (one-way) loyalty to him counted for something when it came to payback time.
Yep. Listened to Trumped on BBC Sounds. What he did in Scotland and the golf course. A mega arsehole and some of the contractors there say he never paid them.
We all know he does this because those contractors are so small they can't afford to take it to court and if they do, Trump just ties them up until they run out of money.
At some point, the Scottish courts can seize the property to make sure the contractors get paid... How much would it take?
Ask the bloke who sent the bailiffs into a high street bank to start seizing property. Maybe the Scottish contractors should do the same with Trump property in Scotland.
In Godwin's own words:
I urge people to develop enough perspective to do it thoughtfully. If you think the comparison is valid, and you've given it some thought, do it. All I ask you to do is think about the human beings capable of acting very badly. We have to keep the magnitude of those events in mind, and not be glib. Our society needs to be more humane, more civilized and to grow up.
Maybe if Trump and his ilk didn't act like fascists, then they wouldn't be compared to them. The only childish thing here is the level of the argument in your exhortation to ignore the comparison.
It ought to be possible to ask and be awarded punitive damages by a jury of peers in this type of frivolous monetary contractual breaches. If it were common practice, Musk would think twice about his “see you in court” bills settlement policy. Nowadays, he’s just getting medium financed by suppliers rather than banks.
Not to anyone he asks for credit, he isn't. He'll be what is known as a "credit risk", and receive unfavourable terms. Those people who are willing to lend him money will be those sorts of people you really don't want to be on the wrong side of, such as, oh I don't know, the Saudi sovereign wealth fund.
Say, Elon, how is the repayment of the interest on those loans you took out to buy Twitter going?
It’d be rather good if you could sue for non-payment and the CFO was responsible for getting the payment settled (if the judge ruled that way) within a sensible time. If the CFO couldn’t settle the payment then they could defer to the CEO and if the CEO can’t then the CEO goes to jail.
Perhaps they can split the jail time between them (if they agree) up-to 70/30 CEO/CFO. But the buck should stop at CEO and there should be a well established method for ‘normal people’ to get their case heard in a timely period.
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