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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Kepler said:
So why wouldn't every person who voted for him to quit just leave, immediately? Why would anyone stay?

Why would anyone be loyal to a social media platform? It has no discriminator value. Everyone you can talk to on it you can just, you know, talk to. You can even use the same pacifier you were using before to tweet. A social media platform has literally zero value to you. You are the commodity, not it.

Is this my Boomer(ish) Brain missing something that is real, or is this kids who grew up with this umbilical cord simply unable to sever it?
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Because who cares if we are allowed to vote in his stupid polls? Hell I dont even follow him anymore and I blocked all ads so for the most part my experience is great! I will take Twitter over the rest of the SM out there and its a much better way to get a wide swath of info.
 
Kepler said:
Now, did they risk any of their money, or is this a pyramid scheme all the way down?
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Apparently the #2 investor behind Musk is the (wait for it) Saudi royal family. It has been reported that they have sunk $2 billion into Twitter and want him to STFU and put someone competent in charge. Billionaires like Ellison and Thiel also chipped in. Who knows how much of it is real and how much of it is Monopoly money.

It is funny to think that the rightwingnuts who think Musk is a champion of free speech are being hoodwinked by the Saudis...famous for their love of bonesaws...I mean freedom. Their love of freedom.

Part of me thinks they backed him taking down Twitter because it threatens their authoritarian rule, but the fact they want a competent CEO sends the message they want to save Twitter and see it as an actual investment. The truth probably lies somewhere in between.

As for why people don't leave...it is still a useful place to share and gather the news and to talk to friends. Although that utility is shrinking every day as features disappear and it gets harder to find reliable sources for that news. It is almost impossible to have a conversation anymore. I have stopped tweeting as I have seen engagement with my messages go from thousands to dozens. It is yelling into the void at this point. Once Melon gets Twitter Blue working there will be essentially no reason left to stay, except morbid curiosity on when the site will come crashing down. I pity the content creators and small, independent businesses who rely on social media for exposure. A considerable stream of revenue has, or is about to, go away. I know many people who make a living from having a sizable SM presence who face becoming irrelevant overnight.
 
ticapnews said:
Apparently the #2 investor behind Musk is the (wait for it) Saudi royal family. It has been reported that they have sunk $2 billion into Twitter and want him to **** and put someone competent in charge. Billionaires like Ellison and Thiel also chipped in. Who knows how much of it is real and how much of it is Monopoly money.

It is funny to think that the rightwingnuts who think Musk is a champion of free speech are being hoodwinked by the Saudis...famous for their love of bonesaws...I mean freedom. Their love of freedom.

Part of me thinks they backed him taking down Twitter because it threatens their authoritarian rule, but the fact they want a competent CEO sends the message they want to save Twitter and see it as an actual investment. The truth probably lies somewhere in between.

As for why people don't leave...it is still a useful place to share and gather the news and to talk to friends. Although that utility is shrinking every day as features disappear and it gets harder to find reliable sources for that news. It is almost impossible to have a conversation anymore. I have stopped tweeting as I have seen engagement with my messages go from thousands to dozens. It is yelling into the void at this point. Once Melon gets Twitter Blue working there will be essentially no reason left to stay, except morbid curiosity on when the site will come crashing down. I pity the content creators and small, independent businesses who rely on social media for exposure. A considerable stream of revenue has, or is about to, go away. I know many people who make a living from having a sizable SM presence who face becoming irrelevant overnight.
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Plus the alternatives suck. Reddit is a black hole, Tik Tock gives me friggin seizures and Facebook is unreadable. Mastodon isn't ready for prime time and neither is Post so it's kind of the best of what is available.
 
Just google 3M, you'll find it. Hard to miss this giant.

Exiting the fluorochemical business entirely. Which, is pretty GD important for cooling your mining equipment. Without this, your rigs are going to overheat. Not sure what stock they have left but it's going bye bye in like two years.

it just became immensely more expensive to mine crypto and all other blockchain nonsense.
 
ticapnews said:
Part of me thinks they backed him taking down Twitter because it threatens their authoritarian rule, but the fact they want a competent CEO sends the message they want to save Twitter and see it as an actual investment. The truth probably lies somewhere in between.
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It's pretty simple - the Saudis want a stake in controlling the narrative of what people see/read about them, and also access to the technical records (i.e., inbound IP addresses & other details) of journos and dissidents whom they want to question or silence.
 
dxmnkd316 said:
Just google 3M, you'll find it. Hard to miss this giant.

Exiting the fluorochemical business entirely. Which, is pretty GD important for cooling your mining equipment. Without this, your rigs are going to overheat. Not sure what stock they have left but it's going bye bye in like two years.

it just became immensely more expensive to mine crypto and all other blockchain nonsense.
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Time to switch over to EGW or PGW. 30% lower specific heat is definitely a big hit, but worth it to save the planet.
 
Ok so this is significantly larger than just fluids. This is all fluorinated chemistries. Holy shit.

this has uh..... massive impact on the semiconductor and automotive industries.
 
3Ms deal won't hurry crypto that much (outside of Bitcoin) because many are getting away from mining anyways. Hucksters always have the next scam ready...
 
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