IBM, a major advertiser on X, has pulled its spending from the social media platform, whose employees are grappling with what to tell its other advertisers, according to internal messages.
To be clear: Musk endorsed a tweet which used a false antisemitic conspiracy theory to tell people why “Hitler was right”
Given how many discounts X is giving advertisers, holy shit this dude spent 2 dollars to make 1
The point is to influence the election next year, not to make money
Influencing the election will make all the money.
deleted by creator
What?
🎵🎶 to the right now, to the left, take it back now y’all… cha cha real smooth🎵🎶
Wholeheartedly agree. Though I am not sure I would agree with your framing of it being ‘left’ or ‘right’. For sure the content seems to have more vitriol and divisiveness. I would use it in the past to follow scientists and their updates about research, it was really good for that.
Now the majority of those I follow post inflammatory comments or reactions to other content and I find the content writ large has decreased. I’ve so far increased my RSS, IRC, and mailing list usage, but it was nice to have tweets which are character-limited. I could skim through easier without having something catch my attention.
huh
This happens so much. Look at GOP policy. Religiosity, corporate dick-sucking, or spite, often overrides logical, cost-effective choices (well, at least the cost-effective choices for the American people. I’m sure their individual pockets are fine.).
Examples: subsidizing abortion vs. supporting another child in poverty, UBI vs. the admin and labor costs of running individual benefit programs, etc.
He spent 2 dollars to lose 100 more like
He’s sitting on a big enough pile not to miss it. I wonder how much of this is crazy and how much is political hedging.
I’d be surprised if he could liquidate more than 40bln today, look at Tesla stocks P/E, its a house of paper cards. Spacex is always reportedly on the edge of bankruptcy. Last evaluation I saw of twitter value from its lenders was around 17bln, subtract its debts, that’s about 4bln.
He really has bet the house, it now a question of how long he can keep going on Tesla stock backed loans and if the stock price holds.
Forbes still has him at 241B. I wish he’d run out faster to get his ass out of the news.
It was never about money
https://www.theverge.com/2022/4/14/23025343/elon-musk-twitter-takeover-ted-talk-quote-stock-buyout
“My strong intuitive sense is that having a public platform that is maximally trusted…”
Utterly hilarious.
Maximally hilarious.