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.
          • kase@lemmy.worldEnglish
            3·
            1 year ago

            🎵🎶 to the right now, to the left, take it back now y’all… cha cha real smooth🎵🎶

        • JohnDoe@lemmy.myserv.oneEnglish
          3·
          1 year ago

          Wholeheartedly agree. Though I am not sure I would agree with your framing of it being ‘left’ or ‘right’. For sure the content seems to have more vitriol and divisiveness. I would use it in the past to follow scientists and their updates about research, it was really good for that.

          Now the majority of those I follow post inflammatory comments or reactions to other content and I find the content writ large has decreased. I’ve so far increased my RSS, IRC, and mailing list usage, but it was nice to have tweets which are character-limited. I could skim through easier without having something catch my attention.

    • littlewonder@lemmy.worldEnglish
      13·
      1 year ago

      This happens so much. Look at GOP policy. Religiosity, corporate dick-sucking, or spite, often overrides logical, cost-effective choices (well, at least the cost-effective choices for the American people. I’m sure their individual pockets are fine.).

      Examples: subsidizing abortion vs. supporting another child in poverty, UBI vs. the admin and labor costs of running individual benefit programs, etc.

      • linearchaos@lemmy.worldEnglish
        31·
        1 year ago

        He’s sitting on a big enough pile not to miss it. I wonder how much of this is crazy and how much is political hedging.

        • localhost443@discuss.tchncs.deEnglish
          31·
          1 year ago

          I’d be surprised if he could liquidate more than 40bln today, look at Tesla stocks P/E, its a house of paper cards. Spacex is always reportedly on the edge of bankruptcy. Last evaluation I saw of twitter value from its lenders was around 17bln, subtract its debts, that’s about 4bln.

          He really has bet the house, it now a question of how long he can keep going on Tesla stock backed loans and if the stock price holds.