Falsehoods Unchallenged Only Fester and Grow
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X News Daily @xDaily wrote: NEWS: Former workers at X/Twitter's office in Ghana are taking legal action against X after reportedly not receiving any redudancy pay a year after being laid off.
Twitter's African office, which had only just been opened, was completely cut shortly after Elon's acquisition.
johnpcapitalist wrote: ↑Thu Nov 02, 2023 11:30 pmSince Twitter is private, its valuation is an estimate provided by management. If it's granting options, they have an incentive to maximize the stated value of the company to reduce the percentage of dilution to pay employees a certain number of dollars.raison de arizona wrote: ↑Thu Nov 02, 2023 1:58 pmhttps://variety.com/2023/digital/news/x ... 235774209/X Is Now Worth $19 Billion, Down 57% From $44 Billion When Elon Musk Bought Twitter
Now we know how inflated Musk believe his bid was: X, the new name of Twitter, on Monday informed employees eligible for stock grants that they would receive shares at a valuation of $19 billion.
In a publicly traded company, valuation is easy because you know the stock price. In a venture capital-backed company, employees can assess whether the valuation of the company used in computing stock grants is reasonable because it should bear some resemblance to the most recent financing round, which (though not necessarily public information) is usually known to people inside the company.
But Twitter is neither venture funded or public. Thus, the valuation is set by management, and they'll have a lot of latitude in how to value it. Given Musk's general sleaziness and shoddy management, it wouldn't surprise me if an outside expert who is given access to the books would value it at a substantially lower number, potentially half or even less of Management's quoted figure.
https://www.businessinsider.com/x-staff ... ch-2023-11X staff almost asked police to carry out a wellness check on Elon Musk after he once locked himself in his office, author says
"He got to a point where he locked himself in his office, was so upset that the Twitter employees were considering calling a wellness check by the San Francisco police because they thought he was going to self-harm himself," Mezrich said. "I think he truly cares about his reputation, and he was shocked."
Mezrich cited several incidents that led to a "spiral" for Musk, including getting booed at a Dave Chappelle comedy show and his son's car being attacked.
"The Elon before Twitter and the Elon after Twitter are two different Elons," he said. "Elon didn't just break Twitter, Twitter broke Elon Musk."
Musk has historically been concerned with his popularity, especially on the platform he owns. Back in February, the billionaire asked engineers to investigate why his tweets were getting fewer views, Platformer reported.
Musk later fired an engineer who showed him his popularity was declining on the app, the Platformer report added.
The European Commission joined IBM in announcing it will stop advertising on X after Musk agreed with a post that said Jewish people hold a “dialectical hatred” of white people.
I think this is the first time Musk has posted that the Jewish hate white people, the proverbial straw.pipistrelle wrote: ↑Fri Nov 17, 2023 12:20 pm Why did they wait this long? It’s not like Twitter hasn’t been trashed for months.
The White House on Friday criticized tech billionaire Elon Musk for engaging with an antisemitic social media post this week and calling it the “absolute truth.”
“It is unacceptable to repeat the hideous lie behind the most fatal act of Antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust,” White House spokesman Andrew Bates said in a statement.
The antisemitic post Musk appeared to endorse came in response to a user on X, the platform formerly known as Twitter, who expressed concern about rising antisemitism.
The user posted, “To the cowards hiding behind the anonymity of the internet and posting ‘Hitler was right’: You got something you want to say?” Another user responded, “Okay. Jewish [communities] have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.”
Musk replied to that post: “You have said the actual truth.”
Bates said the White House will continue to condemn antisemitism, which has been on the rise since the war between Israel and Hamas that was spawned in the wake of the surprise Oct. 7 attack on Israel.
“Like President Biden said weeks ago memorializing the victims of the Pittsburgh Synagogue shooting, the October 7 ‘devastating atrocity has brought to the surface painful memories left by millennia of Antisemitism;’ and under his presidency ‘we will continue to condemn Antisemitism at every turn.’ We condemn this abhorrent promotion of Antisemitic and racist hate in the strongest terms, which runs against our core values as Americans,” Bates said.
He added that Americans have the “responsibility to bring people together against hate,” as well as “an obligation to speak out against anyone who attacks the dignity of their fellow Americans and compromises the safety of our communities.”
X did not immediately respond to a request for comment on the White House’s statement.
The claim that Musk appeared to endorse echoes false conspiracy theories that Jews want to flood the country with minorities. The billionaire faced immediate scrutiny online for his post.
https://www.cnn.com/2023/11/17/tech/lio ... e=facebookOn Friday, Disney and Warner Bros. Discovery, which owns CNN, confirmed that they both halted ad spending on the platform.
The decision by two of the world’s most prominent film and television companies suggests an intensifying advertiser backlash to X after the social media platform’s owner, Elon Musk, embraced an antisemitic conspiracy theory popular among White supremacists.
Disney and Warner Bros.’ advertising pauses follow similar moves by Lionsgate and IBM.
What is Disney like as a company? As a child my early indifference to Disney cartoons grew quickly into a quiet loathing; the squeaky self-centred characters.just creeped me out. When I saw DisneyLand/World/Whatevs on screens they appeared to be manifestations of Junior Hades (or Tartarus?) to me. Right from the start however I understood that my aversion might be an unpopular minority opinion, and perhaps not entirely rational.That is as faint praise as saying that one's meal is more appetizing than a shit sandwich!Slim Cognito wrote: ↑Sat Nov 18, 2023 7:33 am According to popular author and Florida resident Carl Hiaasen, they are a bunch of greedy rats. But I will still support them over DuhSantis
Musk might be an embarrassment, and X degraded, but it still has a lot of daily eyeballs.
Elon Musk has said he will be filing a “thermonuclear lawsuit” against Media Matters and others, after major US companies paused their adverts on his social media site over concerns about antisemitism. @Guardian.
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I saw a Community Note (what X uses now for "fact checking" on an AD the other day! LOL It was for a ball that bounces as high as the level from which it's dropped. The note said something about physics.pipistrelle wrote: ↑Sat Nov 18, 2023 8:47 am The ads now appear to be of the quality you'd expect from Weekly World News. I don't know what companies are doing about customer service/support. It was a great way to get quick responses to issues.
DoneHat
@Popehat
There are about fifty reasons your petulant flounce is nonsense, you emotionally spavined freak, but let’s start with the first clause of the first sentence: it’s 2023 and you e-file complaints now. You don‘t have to wait for the courthouse to be open. You utter vagina.
Elon Musk has said he will be filing a “thermonuclear lawsuit” against Media Matters and others, after major US companies paused their adverts on his social media site over concerns about antisemitism. @Guardian.