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Reddit enrages users again by ditching thank-you coins and awards
(www.businessinsider.com)
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this post was submitted on 15 Jul 2023
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I prefer to think that it's all coordinated by real life Bond villain (and Musk's old business partner) Peter Thiel. He failed at setting up competing Twitter platforms, so he got Musk to buy and tank it. After seeing how effective that was they roped in reddit's owners to undermine that as well.
Let's not forget the Saudi royal family. They really hate social media.
Definitely not. Here's the breakdown of the $44mil purchase:
Twitter could hardly pay the interest on that $13 mil, even before Musk tanked the company's revenue. Either Twitter steps into line and gets more investment from right wing control freaks, or it dies - both could be seen as a win in the eyes of Peter Thiel or the Saudis.