shoxer, (edited )

Bring back shadowbanning.
Uses user data to train AI models.
Limits replies to verified users only…

Elon has made so many terrible changes to Twitter. I’m happy to be out and migrate to Mastodon and WireMin since last December. Using Mastodon to track up to date news and WireMin to stay connected with a few friends who also left Twitter.

Now I just look at Twitter like it’s the house burning down across the street.

woshang,

‘Freedom of Speech Not Reach’, I was like isn’t the same thing with Shadowbanning? It’s so disgusting that he keeps claiming Twitter is the place for online Freedom of Speech but look at what he did.

FuglyDuck,
@FuglyDuck@lemmy.world avatar

Controlling the narrative is why he bought it.

44 billion is chump change to him. I wouldn’t be surprised at all to find his sole motive was to silence critics now that he got outed as a massive douche.

I rememy when i could call him a massive douche and a faux-engineer and people would pile on as though he actually built the cars himself. (Fact: he’s not a Tesla founder. He bought Tesla. And made them call him a founder.)

4am,

He didn’t want to buy it, remember? A court forced him after he set wheels in motion as “le epic trolololo” and now that he was forced to buy it, he and his authoritarian backers figure they might as well tank it in order to combat the “woke mind virus” aka people waking up to the feudal lords of late-stage capitalism keeping the scales tipped in their favor eternally.

FuglyDuck,
@FuglyDuck@lemmy.world avatar

A court forced him to honor his offer.

The court never made him offer, just to honor his contract

elbucho,
@elbucho@lemmy.world avatar

I don’t think it was even worth half of what he paid for it when he paid for it. Musk is a complete god damned moron. I’d be surprised if the company was even worth $19 billion when he bought it for $44 bn. And there’s no way in fuck that it’s worth $19 bn now. Absolute dogshit assessment. Not that I’m surprised, mind. It’s Musk’s assessment, after all.

theodewere,
theodewere avatar

all because he was dying to make that joke with the sink

Aermis,

What was the joke? I mean I saw him walk in with a sink but what what was the joke because that was random af

minyakcurry,

“let that sink in”

I didn’t get the joke either.

MargotRobbie,
@MargotRobbie@lemmy.world avatar

Because he is way less funny than he thinks he is.

badbytes,

At Elon Used Auto, they are slashing prices below 50%. Don’t delay, come in today and get free undercoating.

cley_faye,

That’s the value he think it’s worth, not what someone would actually pay for it.

hitmyspot,

He doesn’t even need someone who is willing to actually pay for it. Just someone to say they will, even if they have intention to…

bitwolf,

He could have just donated all of that to the Signal foundation if he wanted to protect free speech.

Illuminostro,

It’s about the attention. Narcissism.

youngGoku,

I don’t even know where to begin on twitter, never really got into it.

Grant_M,
@Grant_M@lemmy.ca avatar

Based on speculation – No one would pay 19 billion for that Nazi site.

Akasazh,
@Akasazh@feddit.nl avatar

It’s obscene that someone can destroy so much value and not go bankrupt. It should not be possible.

alcamtar,

The value only exists on paper. He halved it, he can double it. Happens all the time.

Akasazh,
@Akasazh@feddit.nl avatar

he can double it

Can he, though? Or was the worth inflated beforehand?

Tartas1995,

Even without the worth inflated, can HE, though?

SeaJ,

He absolutely paid an inflated price. It was hovering around $40/share before he put in the offer of $54/share. So he and the other investors overpaid by quite a bit.

Kbobabob,

he can double it.

You must be buying all the shares you can then!

Narrator: he wasn’t

crackajack,

Act like a child and you get a toy, Elon.

beebarfbadger,

Is the curve linear?

Nobody,

It was never about the money. Musk is turning a once-valuable information space into a fascist shithole. That was always the goal.

MostlyHarmless,

Yeah, I don’t believe that. Turning it into a fascist shit hole might have been a goal, but losing billions doing it isn’t.

He’s an arrogant fuck who wants everyone to believe he’s a genius. Blowing that much money makes him look like a moron.

lingh0e,

He is rich enough that it literally doesn’t matter. This was “expensive” for him on paper, but hardly life changing.

MostlyHarmless,

This still makes him look like a moron and his image is really important to him.

xts,

Yeah it’s definitely life changing. The public sentiment over the last couple of years has gone from

“wow Elon musk is a genius who will electrify the world and get us to mars”

to

“Wow Elon Musk is a massive moron who clearly isn’t anywhere near as smart as he thinks he is”

and the more he spreads right wing conspiracy shit the worse it’s getting for him.

Let’s not even talk about the public image but the private one now- he borrowed something like $20b? from several banks to make the deal who are now saddled with the debt. They have also been discussing (publicly) selling it at a loss because they’re done with Elon. Other banks will not lend him money, ESPECIALLY with interest rates being what they are and what he’s done this last year. The time of free money (which is how he built all of his companies) and unlimited government subsidies is done and that’s the only way he’s been successful- when there’s virtually no risk.

He cannot pay his interest payments because he’s only rich on paper. He’s likely cash poor and hasn’t even been paying normal Twitter bills let alone interest payments for his $20b loan, which IIRC gains like a billion in interest every year. Dude dug himself into a hole with no way out

lingh0e,

Sounds like he’s only a constitutional amendment away from being President of The US.

xts,

lol that would never happen, the GOP would NEVER allow anyone but natural born citizens to serve

pufferfischerpulver,

I mean he’s a white male, for them he’s more American than most of the country.

ArtVandelay,
@ArtVandelay@lemmy.world avatar

Both of you to assume they wouldn’t change the rules to serve their purpose before changing it right back, if they even bothered at all.

GladiusB,
@GladiusB@lemmy.world avatar

Once valuable? Fuck that. Twitter has always been and always will be Jerry Springer for the Internet. It’s fun to watch some toothless hooker throw a shoe at a priest until Grandma finds out you are on their as 4chan gaslighting the priest and the hooker.

The value is pure entertainment. Anyone that takes it more seriously has not seen it for what it is.

jaybone,

This is why it bothers me that so many government agencies and officials use it to communicate with the public.

It’s almost as if there should be an official government service / platform specifically for that purpose. A state run Twitter. (Maybe they could use mastodon under the hood.)

kadu,
@kadu@lemmy.world avatar

If I recall correctly, some EU government bodies are doing just that! They host their own Mastodon instance.

kadu,
@kadu@lemmy.world avatar

deleted_by_author

  • Loading...
  • ScreaminOctopus,

    Even people I know who use Twitter a lot don’t think this, I’d hate to meet someone with this level of Twitter brain.

    dhork,

    I’m sure the value will come back. Valuing X at $19B puts the value of the whole alphabet at $500B, which seems low for an established technology which has been in continuous use since before the time of the Roman Empire.

    The US GDP is $24 trillion, and all the financial reports supporting that valuation use the Roman Alphabet. The Alphabet is essential to justifying the value of the entire US Economy. I think it’s reasonable to value the worth of the alphabet at 8% of GDP, which would give X a fair value of $74B.

    See, haters? Elon really is a financial genius. Numbers don’t lie.

    Telodzrum,

    The meat of those financial reports rely on Arabic Numerals and everything is OK over there, right?

    ExLisper,

    Come on. Obviously not all letters in the alphabet are worth the same. X is not that popular even if you take into account its different uses like ‘:x’, ‘xoxo’ or ‘xxx’. Not that many words use x and if one day it collapses and becomes unavailable you can just substitute it with ‘ks’ like ‘seks’ or ‘meksican’.

    Throwaway,

    Actually, Alphabet is currently valued at 1.56 trillion dollars.

    g.co/kgs/Tchkeb

    _haha_oh_wow_,
    @_haha_oh_wow_@sh.itjust.works avatar

    Wow X, you suck: Pull your weight! Look at how much the other letters are worth!

    cholesterol,

    How many times will they reuse this image where his jaw is doing something super weird? This time it’s gotten some fancy graphics but it’s the same flipping image. I must have seen it on 10 different articles.

    xts,

    Probably his fillers shifting around so you might as well make fun of him, for that and his ass to head hair transplant.

    cholesterol,

    Not saying you shouldn’t make fun of him. Just tired of seeing the same photo on every Musk-critical article.

    xc2215x,

    Many of his decisions have not been good.

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