2024-04-02
The valuation is entirely based on having a Supreme Court that won't ever enforce the Emoluments Clause on a Republican president [embedded post]
Reuters
Trump Media & Technology Group closed down 21% on April 1, wiping out its gains from last week's debut, after disclosing a $58M+ loss on $4.1M in 2023 revenue
Shares of Donald Trump's social media company plunged 21% on Monday, wiping out the gains from its debut last week …
2024-01-24
Wasn't AI-trained by reading Breitbart an old Joe Mande bit? [embedded post]
Wired
Originality AI: 88%+ of the top US news outlets now block AI companies' web crawlers; leading right-wing outlets, like Breitbart and Newsmax, mostly permit them
Nearly 90 percent of top news outlets like The New York Times now block AI data collection bots from OpenAI and others. Mastodon: @carnage4life@mas.to and @jeffjarvis@mastodon.soci...
2024-01-02
If you destroyed at least 72% of the value of an asset you bought, your creditors wouldn't note it in a report. They'd scrap it. But Elon's successfully pulling a Billionaire Bankruptcy that will probably end with him picking up the whole company for pennies. [embedded post]
Axios
Filing: Fidelity marks down the value of its X stake, estimating the company is worth ~28% of the $44B that Elon Musk paid, down from 33% in May 2023
yourself’ outburst Kwan Wei Kevin Tan / Business Insider : X is worth 71% less now after Elon Musk took over and burned its bridges with advertisers: Fidelity Anders Hagstrom / Fox...
2023-06-21
This is the richest man in the hemisphere trying to destroy the value of the site he bought. The plan is to have creditors have to sell him the company's debt for pennies on the dollar, out of fear of losing his other business. — Because Twitter is no longer a business. It's his far right Super PAC.
Insider
In a tweet reply, Elon Musk says Twitter considers “cis” and “cisgender” slurs and “the contemptible creep” who “manufactured” the term “has serious problems”
- Elon Musk said terms like “cisgender” and “cis” are now considered “slurs” on Twitter.