58
How Twitter lost its place as the global town square
(www.washingtonpost.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Jul 2023
58 points (96.8% liked)
Technology
59197 readers
799 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Twitter didn't lose anything, Musk bought Twitter because he thought it'd be a goof to trash, and because he wanted access to Saudi Arabian markets to sell his electric cars and rocket ships.
These stories are so fucking annoying because they purposely miss the point of what's actually happened.
Elon Musk personal worth went up 97 Billion dollars since he bought Twitter, he's now worth, on paper 248 Billion. He can take a complete loss on the investment, and not be any the poorer in real terms.
You say Twitter didn’t lose anything, and then spend a paragraph saying how Elon gained something from it. Elon is not Twitter.
Twitter lost a lot.
I don't know any of this. What do Saudi's have to do with Twitter?
A Saudi prince Alawaleed, gave Elon 1.9 billion in equity to help Elon finance the deal. He’s the second largest shareholder.