But someone recently said he revived the NFT market single-handedly, with people making a bigly 1000% return!
But someone recently said he revived the NFT market single-handedly, with people making a bigly 1000% return!
Meanwhile, you have the Elon fanboys still pretending Twitter is doing better than it ever has.
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Well, it is, if you’re a Nazi.
Suppose you were a business making, say, voting machines. It’s a good business – there are a lot of elections, they have to be tabulated, and you have a way of making that tabulation easier to do. You’re not going to be Google or Microsoft, but you’re in a comfortable niche.
Then comes a bunch of dumbfuck conspiracy theorists who accuse you of rigging the vote against their favored candidate. You’re not happy about this, but this is just a bunch of nutjobs. To some extent, what can you do? Then this major news organization takes up what those conspiracy theorists are saying, and they’re doing this to enrich themselves by putting out news that these dumbfucks like to hear. This amplification is damaging to your business (because it’s costly to defend yourself and you’re losing business anyway), and you can prove that this major news organization is doing this on purpose, for their own profit.
You sue that major news organization. Discovery is a delight, because these people really did know that there was no evidence for any of these conspiracy theories, but they kept repeating them over and over again, damaging your business.
Does this sound familiar? That’s why we have laws so that victims of libel can recover some of those damages.
Now, I’m not saying Musk is justified. Musk can go threatening to sue, etc., and I’m sure ADL lawyers would be delighted to argue before a judge to tell Musk to fuck off, since he really doesn’t have grounds to stand on.
Twitter stockholders collectively received $44B from Musk on October 27. So, yes, Twitter was worth $44B at that moment. And, yes, it’s also true that Musk grossly overpaid for a company probably worth around $10B because he made the most costly “420” joke in history. Both statements are simultaneously true.
He seems to be saying that the market value of Twitter is $40B less than what it was before stuff happened. “Value destruction” tends to be applied to “stock” (like market cap) rather than “flow” (like revenues).
He’s basically saying Twitter is worth $4B, given that he paid $44B and seems to be saying $40B of values was destroyed.
Losing $40B in less than a year is, uh, remarkable.
To be fair, those are Mission Impossible chase scenes really disrupt traffic.
And the BBC.
Frankly, all news organizations should run their own Mastodon servers as authoritative sources for their news articles and their reporters. Right now, with the ever changing badges on Twitter, they’re just Star-bellied Sneetches.
https://mastodon.coffee/@TidalFlats/110940255733069000
Putin:
I thought I had him in a box.
And then he got out like a fox.
And then I saw him in a house.
And I then he went to Belarus.
So I will track him here and there.
Say! I can track him anywhere!
I do not like this Wagner man!
Thank you! Thank you, SAM-I-Am.
I need to point out that “aliens communicating in memes” was done by ST:TNG, in the Darmok episode.
Alien: “Shaka, when the walls fell” (essentially Disappointed Guy meme)
Picard: …
Why does Baron, being the tallest Trump, not simply eat the other Trumps?
Constructive = one after another
I think you mean “consecutive”.
But how do you keep the ice cream cake from melting over that time?
Anakin: Self-driving cars will orbit the street’s so there will always be one nearby if someone requests a ride.
Padme: But they’ll regularly come back to a central hub for cleaning, right?
Anakin:
Padme: But they’ll regularly come back to a central hub for cleaning, right?!
And he’s on a H1B visa and can’t leave.
“Someone told me I need pipes for the website. We need to get the best pipes. Do they come in gold plate?”