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DeanXeL t1_j5tr6pe wrote

Let's see how this turns out. The Germans don't take kindly to this, but the legal proces could get drawn out.

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hydrOHxide t1_j5txc8i wrote

There recently was already a decision by a Frankfurt court that even the previous content removal regime in regards to illegal and defamatory content was not good enough. The court noted that having been notified that certain content is illegal, Twitter has to proactively remove equivalent content and not just wait until those get reported, too.

Wonder how Elon wants to do that when he fired most people involved in the process.

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Manbabarang t1_j5vwvwd wrote

He's just not going to do it. He's been telling all regulators (FTC, EU, and more) to sit and spin and thinks he's too rich to ever Find Out.

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hydrOHxide t1_j5w3vvb wrote

The EU has taken on Microsoft, Facebook and Google - he has been warned often enough there are rules to follow. He has no one to blame but himself if he thinks they won't come for Twitter

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PdtNEA1889 t1_j64p5q8 wrote

He's been operating almost entirely under the US legal system as a rich guy until now, though. And he's probably right that they will never do anything approaching sufficient to be called justice. The abject failure of our system gives a lot of these assholes the false confidence to think that will work just as well everywhere.

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hydrOHxide t1_j654pyq wrote

He's already run into problems with Tesla's gigafactory in Germany. He's already been bitching and moaning about regulations during the construction period. Now, he's offering less than industry standard (in a country with no less than three of the world's leading car makers!) and wondering why he has massive recruitment problems and why everyone he talks down just gives him the finger and leaves.

With Twitter, courts in Ireland have already noted you can't just fire someone implicitly - least of all for not following requests for more work hours when the law explicitly says refusing to go over the legal limit temporarily must not have negative consequences.

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Zeurpiet t1_j5yt8a2 wrote

this is not a slow EU process, this will not take years

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[deleted] t1_j5yd9xs wrote

[removed]

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hydrOHxide t1_j5yfuzx wrote

a) There is nothing that prevents YouTube, Twitch, or Twitter from using algorithms solely to alert a human reviewer (except personnel shortage, which can be remedied by hiring more personnel). In any case, shortcomings in algorithms are reasons for better algorithms, not excuses for spreading illegal content.

b) With statements about a person having been found illegal in court, the victim has a right under German law to be protected against any further spread of such statements. How Twitter or anyone else implements that is not the concern of the court any more than "I didn't see the speed limit sign" is a valid excuse for speeding.

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yhwhx t1_j5tui7u wrote

I'll be curious to see what happens first: this complaint being decided or Twitter declaring bankruptcy.

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bruinslacker t1_j5ukkn7 wrote

Twitter will keep operating after they declare bankruptcy. And hopefully this lawsuit will continue.

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Redqueenhypo t1_j5utroa wrote

I still don’t get how American companies can go “I’m bankwupt, no money for debts or lawsuits!” but like…keep all their assets and keep operating and give the C suite bonuses. It didn’t make sense when PG&E did it

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mrcolon96 t1_j5vdltf wrote

I'm only assuming because I'm neither American nor well versed in law but isn't it to avoid mass layoffs and have a lot of people lose their job all of a sudden? Which would be ironic in this case but I'm talking about the law in general

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fyzbyt t1_j5vrp1c wrote

So there's 2 different major kinds of "bankruptcy" that are most commonly seen here in the US.

Chapter 11 is the one you see a lot, which is basically "our debts are too big" and what happens is that the company generally restructures the debt, but is not relieved of it, and is allowed to continue operating. The idea is "they're making money, just not fast enough" and they keep making money and having to pay the debt, but maybe in a lower payment over a longer time, or similar. This allows for all the bullshit loopholes and IMHO shouldn't really exist, but it is what it is.

Chapter 7 is what most people think of when they call something bankrupt. Which is where the creditors come in and liquidate everything. Sports Authority is a great example of this, or Toys R' Us, where they basically had to shut down every store and sell everything off and close down.

There's also the illusive "chapter 13" which is where you eliminate debt through a repayment plan. This generally results in a shorter repayment window where you have to pay back some of your debts in a structured way, and then the rest is forgiven, but it's not particularly common from what I've seen.

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the_busticated_one t1_j5we86q wrote

>There's also the illusive "chapter 13" which is where you eliminate debt through a repayment plan

Chapter 13 applies to individuals, not businesses. It's referred to as an 'individual debt adjustment"

There's also Chapter 9 that applies to municipalities, and a few other types that are fact-specific.

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fyzbyt t1_j5wnvj3 wrote

That would explain why i've never seen it.

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Masark t1_j5x3sbr wrote

Processes similar to chapter 11 exist in most countries. It's just called something else like bankruptcy protection, protection from creditors, administration, etc.

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fyzbyt t1_j5x4nwn wrote

Right, but they were asking about why the US called it that.

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TenderfootGungi t1_j5xah6m wrote

If they declare bankruptcy, Elon will likely lose most of the money he fronted. It is not going to happen unless things really go bad.

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