ugh
- 24 Posts
- 163 Comments
I’m told Thailand loves it?
No one in leadership roles should be allowed to be that out of touch.
Ones a government structure and the other is an economic structure.
Finally.
Since taking over the group, Musk has loosened the platform’s moderation policies, something that prompted many advertisers to leave. Disclosures from Fidelity Investments in late September implied a valuation for the company that was below $10bn. Musk purchased Twitter for $44bn. The new $44bn valuation represents a rebound for Musk and the group’s investors, including Andreessen Horowitz, Sequoia Capital, 8VC, Goanna Capital and Fidelity Investments. The deal would help set a price for the upcoming primary round
Great. Now I need to find a better handler for my retirement fund… ugh.
Another two people with knowledge of X’s finances said there were signs Musk’s cost-cutting plan for the company was working, and that revenues had been improving. A further person noted, however, that the ebitda figure was “wildly adjusted”.
Well, yea. You chase a major chunk of users off and collapse a company, any shred of viability looks great. The key here is the “wildly adjusted” bit.
Investor interest in the loans improved in the weeks following Trump’s election victory in November, given the billionaire’s proximity to the new administration as a confidant to the president and the head of the so-called Department of Government Efficiency (Doge) intent on cutting government red tape.
So bribery.
A group of seven Wall Street banks including Morgan Stanley, Bank of America, Barclays and MUFG have sold almost all the $12.5bn of loans Musk used to finance his takeover of Twitter in 2022. The lenders had been saddled with the debt while Musk sought to turn around X’s operations as equity investors repriced their stakes in the platform at dramatic discounts.
And they now want a piece of the bribery pie.
It also improved after Musk gave a 25 per cent stake in his artificial intelligence start-up xAI to investors in the social media company early last year. xAI has obtained a valuation of $45bn, and the novel arrangement has provided new security to X’s lenders and boosted the platform’s valuation. One banker close to the fundraising said the upcoming primary round would help X “clean up the last bit of debt”.
Again, bribery.
The banks agreed to give the company time to raise fresh equity or equity-like funding to pay down the remaining junior debt, instead of offloading it when they sold more than $11bn of the loans in January and February, two people said
For better democratic results, eject the C suit
In a further boost for X, groups such as Amazon have boosted marketing spending recently as Musk’s relationship with Trump has deepened. X recently added a number of brands, including Nestlé, Lego, Pinterest and Shell, to a lawsuit alleging the companies had previously illegally boycotted the platform.
This bullshit again.
I skimmed. It seems to have the general idea.
I used Claude. I know … AI bad. But for long reads it helps a lot.
tl;dr
In 1933, amidst the Great Depression in Australia, Communist Party members Reginald “Shorty” Patullo and Noel Counihan instigated the Battle of Phoenix Street in Melbourne. This event, a protest against anti-protest laws, involved Patullo scaling a tram to shout slogans while Counihan locked himself in a steel cage to address onlookers. Police violence against the protesters, especially the shooting of Patullo, galvanized public support for the “Free Speech League.” The League, backed by unions and some Labor MPs, challenged the UAP government’s restrictions on public gatherings. The government was forced to release Patullo and amend traffic laws, effectively decriminalizing open-air meetings. The Battle of Phoenix Street is remembered as a significant victory for working-class history in Australia. It forced even staunch anti-communists like Robert Menzies to concede the legality of communist expression, highlighting the power of organized resistance against repressive laws.
I would like to see one right winger sit in jail for once
Even if they “come correct”, I’m done with them.
I feel like FAIR should add this story to their db
It’s a good start. We’re gonna have to stay on our toes with our stacks, though. It can all be compromised.
choppy choppity chop chop time
I forgot about Thunderbird
So the gist of this is public opinion is based on the general stupidity of the population. And the population is stupid af. Yep. Not really news. And I am sure this is one the favorite facts that politicians and marketing agents use on a daily basis to grift.
Lose.
Here’s additional links on the Russian attack:
https://www.youtube.com/watch?v=5RpPTRcz1no
https://washingtonspectator.org/project-russia-reveals-putins-playbook/
Thiel needs to be at the top of the DDD list
All the effort the weird right wing put into pizza gate and Epstein being a monster, in a hypocrisy free world, this would get them all riled up. But we all know it won’t.