this post was submitted on 17 Nov 2023
918 points (93.5% liked)

Technology

59346 readers
6983 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L4s@lemmy.world
L3s@fry.gs
L4s@fry.gs
enu@lemmy.world
918
X Races to Contain Damage After Elon Musk Endorses Antisemitic Post (www.nytimes.com)
submitted 1 year ago by silence7@slrpnk.net to c/technology@lemmy.world
338 comments fedilink hide all child comments
 

IBM, a major advertiser on X, has pulled its spending from the social media platform, whose employees are grappling with what to tell its other advertisers, according to internal messages.

To be clear: Musk endorsed a tweet which used a false antisemitic conspiracy theory to tell people why "Hitler was right"

you are viewing a single comment's thread
view the rest of the comments
[–] kamen@lemmy.world 1 points 1 year ago (2 children)

That's fair, but then why did he want to acquire it so bad?

[–] 4lan@lemmy.world 11 points 1 year ago

Because he is not as smart as people think he is.

He did not invent Tesla. He did not create Twitter. He did not create SpaceX.

Musk has done nothing but use his family's emerald fortune to leverage wealth to create more wealth. He has not contributed to anything.

[–] chiliedogg@lemmy.world 7 points 1 year ago

He didn't. He bought shares, then announced he'd buy it at a wildly inflated price to drive the stock price up so he could sell high. It was a pump and dump scheme and he never intended to actually buy Twitter. 3 days after Twitter agreed to be bought, he had already sold over 6 billion in Twitter stock.

The difference here was the Twitter board wasn't finna take that bullshit. They sued him and he was going to be forced to honor his disingenuous buyout offer, so he went through with it and has been hemorrhaging money.