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- SL Rez
- 2007
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- Dec 2010
Came across this:
So...in addition to wildly reducing staff, his idea of cost-cutting is simply to not pay the bills? There's a term for that, "freeloader", though I think we should add a new term to the dictionary to describe the behavior, "Trumpian."
theconversation.com
So...in addition to wildly reducing staff, his idea of cost-cutting is simply to not pay the bills? There's a term for that, "freeloader", though I think we should add a new term to the dictionary to describe the behavior, "Trumpian."
Twitter is refusing to pay Google for cloud services. Here’s why it matters, and what the fallout could be for users
Cloud computing is a way for businesses to access extra computational resources over the internet. Without it, the internet as we know it would malfunction.
theconversation.com
The issue appears to be rooted in a disagreement over service quality and performance. Twitter doesn’t think it’s getting value for money, and is withholding the latest payment in its US$1 billion contract with Google Cloud.
Apart from Google Cloud, Twitter also has a multi-year cloud computing contract with AWS to offer a host of functions. According to reports, it has also withheld payments from Amazon in the past and owed some US$70 million in bills as of March. Amazon responded by threatening to withhold payments for advertising it runs on the platform.
The dispute can perhaps be understood as yet another attempt by Twitter to radically reduce operating costs. It’s a a trend that began late last year when Elon Musk acquired the company for US$44 billion.
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