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re: Elon Musk to advertisers pulling ads...epic
Posted on 11/30/23 at 12:51 am to sugar71
Posted on 11/30/23 at 12:51 am to sugar71
quote:
Odd how his fanboys are ignoring that he went to Israel to bend the knee
The Prime Minister had gone to California and met with him just in September, so it's not like they hadn't had any interactions before.
0
Posted on 11/30/23 at 1:12 am to jrowla2
quote:
Just by changing the name from twitter to x, it devalued the company 10s of billions of dollars. He was solely responsible for that decision.
He doesn't care because he is super-rich and is trying to show people that he can do what he wants without catering to those who have had so much pull in the recent past. He wants the platform to be more centered.
If he just wanted to make money, etc., he wouldn't have talked about how many of Twitter's accounts were bot accounts (showing that actual Twitter use is not quite as large as believed to be), he wouldn't try to get rid of those accounts, and he wouldn't have said that Twitter was working as Democratic party activist machine in the past.
Posted on 11/30/23 at 7:09 am to fightin tigers
quote:
Liked a post that in a string that was ree'ing on Jewish people hating white people and some conspiracy theory that Jews are responsible for bring minorities to majority white countries to dilute the whatever yada yada.
The highest ranking political Jew in this countrys history essentially pushes/supports replacement theory with open borders, high moslims refugee programs, mass legalization of illegal immigrants, anti-white riots/protests, censoring of conservatives on social media and campuses, etc and it's a "conspiracy theory" to you loons. Now Schumer complains when it comes back at him and "whitey" is to blame, cause Jews who supported Dems when all the negatives were happening to conservative whites, are "helpless" and untouchable. Makes sense...smfh
It's like blacks complaining about crime being up because of not having enough cops in their area, after spending years saying they don't want more cops. To you people, blacks are not to blame for what has lead to the increase in crime.
I guess it's a "conspiracy theory" that the judicial system is going after Trump, even if it's what Schumer said would happen if he fricked with them.
Keep your head buried and keep not paying attention to what people say and/or do.
Posted on 11/30/23 at 7:13 am to Samso
quote:
How can they reduce their taxes without a taxable event (i.e selling their stake in Twitter)???
lol you just proved my point. You have no clue what you’re talking about.
There aren’t hard and fast guidelines for valuations of private equity. Fidelity can use things like lack of liquidity (since the shares are private), market dynamics, subscriber numbers, advertiser, cost of capital, etc. All they need to do is provide a rational justification backed by some data and be consistent with it.
Regarding having a “taxable” event, the impairment of the asset (i.e.writing down) is all that’s needed, as the new value of the asset is what is carried on the balance sheet.
But what do I know, I only did this for twenty five years, having those exact conversations with external auditors.
This post was edited on 11/30/23 at 7:14 am
Posted on 11/30/23 at 7:16 am to Teddy Ruxpin
quote:
but isn't this a bit misleading
It obviously is. Just because something is arms length doesn't mean it's instantly it's value. It's hilarious once you read these threads and people start shouting about PE stuff that is light years beyond them.
Posted on 11/30/23 at 7:39 am to hubreb
I don’t know what he’s talking about here or why but exactly how autistic is he? I haven’t watched Elon speak a lot but my god that guy is awkward.
Also, did he get some work done to his face? Something looks different.
Also, did he get some work done to his face? Something looks different.
Posted on 11/30/23 at 7:43 am to CHGAR
quote:quote:
Andrew Ross
This dude is the most pompous arse on TV, has the most kickable nuts in America.
A class-A weasel. I hope he gets hit by a train some day. Him and Mika Bzrzrszrinksi, Joe Scarborough, and the view people.
Posted on 11/30/23 at 7:51 am to hubreb
The most awesome African-American around.
Posted on 11/30/23 at 7:57 am to hubreb
I’d just be happy if I could access twitter again. All of a sudden it started asking me to sign in again but won’t accept the correct password.
Posted on 11/30/23 at 8:00 am to LSUGrrrl
quote:Had the same thing. I assumed it was related to getting a new phone, but it was simple to “fix”: I just went through the change password option and it let me reset it to the same p/w.
won’t accept the correct password.
Posted on 11/30/23 at 8:15 am to hubreb
I hadn't watched the clip before now. The interviewer wasn't expecting an answer even alluding to self-copulation, much less a such a direct form, and then doubling down by repeating a louder recitation with each word getting its own punctuation.
We (as a society in general) have swung far to one side of trying to hold people accountable for not believing in whatever the "acceptable" narrative is from those with the most megaphones. This is what it looks like when people and businesses begin to move that pendulum back in the other direction.
Musk doesn't have "frick you" money, he has "frick you up" money. He can afford to research and litigate people and subjects as deeply and long as he desires.
Musk's comment to "Bob" was for Disney's newly re-installed-as-CEO Bob Iger who has literally thrown the former CEO under the bus for Disney's increasingly abysmal performance over the last few years. DIsney is one of the big names which paused its X advertising.
What most fail to realize is that Bob's recent call for Disney to get back to entertaining instead of trying to preach messaging (for which he blames his predecessor) is something that began under his last run as CEO.
Musk's pointing him out creates a conflict, of sorts, for Disney. If Iger really wants to get back to just entertaining without the messaging, he'll hop back on X because of its massive reach. He'll do this not despite Elon telling advertisers that he won't be bullied, but because -in that moment- he personified what it means today for a business to choose not to push messaging over entertainment.
We (as a society in general) have swung far to one side of trying to hold people accountable for not believing in whatever the "acceptable" narrative is from those with the most megaphones. This is what it looks like when people and businesses begin to move that pendulum back in the other direction.
Musk doesn't have "frick you" money, he has "frick you up" money. He can afford to research and litigate people and subjects as deeply and long as he desires.
Musk's comment to "Bob" was for Disney's newly re-installed-as-CEO Bob Iger who has literally thrown the former CEO under the bus for Disney's increasingly abysmal performance over the last few years. DIsney is one of the big names which paused its X advertising.
What most fail to realize is that Bob's recent call for Disney to get back to entertaining instead of trying to preach messaging (for which he blames his predecessor) is something that began under his last run as CEO.
Musk's pointing him out creates a conflict, of sorts, for Disney. If Iger really wants to get back to just entertaining without the messaging, he'll hop back on X because of its massive reach. He'll do this not despite Elon telling advertisers that he won't be bullied, but because -in that moment- he personified what it means today for a business to choose not to push messaging over entertainment.
Posted on 11/30/23 at 8:20 am to hubreb
The funniest part was him, the man who thinks Xitter is real life, expecting the crowd to break out in applause. They didn't...dead silence. So he repeats himself and still doesn't get much audience feedback. He even went for it a third time with the "G.F.Y.".
Sweet lipstick, though.
Sweet lipstick, though.
Posted on 11/30/23 at 8:37 am to FCP
quote:
Had the same thing. I assumed it was related to getting a new phone, but it was simple to “fix”: I just went through the change password option and it let me reset it to the same p/w.
That worked. Thanks
Posted on 11/30/23 at 8:40 am to mmmmmbeeer
quote:
The funniest part was him, the man who thinks Xitter is real life, expecting the crowd to break out in applause. They didn't...dead silence. So he repeats himself and still doesn't get much audience feedback. He even went for it a third time with the "G.F.Y.". Sweet lipstick, though.
CNBC may have committed a FCC violation when they didn’t drown out the profanity in real time.
Posted on 11/30/23 at 8:42 am to tadman
quote:
Andrew Ross
This dude is the most pompous arse on TV, has the most kickable nuts in America.
He and David Faber have extremely punchable faces. If it wasn't for Andrew's daddy he would be writing opinion pieces in his local newspaper.
Posted on 11/30/23 at 8:47 am to PeteRose
quote:
I don’t think it has to do with his money as appose to his attitude of having someone/entity having power over him
Yeah but you can't say what he says and still be ok financially if you don't have the money as a safety net.
quote:
Even if he was worth 1% of what he is now, his attitude would be the same.
His attitude would be the same but he wouldn't be so loud about it. Hell, he got removed from the Tesla board for a time because he smoked weed on Joe Rogan's podcast.
I love that he isn't bowing down but don't act like his financial situation doesn't make it much easier to have the attitude that he does.
Posted on 11/30/23 at 8:48 am to Bard
Iger is virtue signaling. Disney+ is still posting on Twitter.
Posted on 11/30/23 at 8:50 am to RealityWinsOut
quote:
The highest ranking political Jew in this countrys history
So Jewish is a political party now too.
Posted on 11/30/23 at 8:56 am to mmmmmbeeer
Didn’t you cry in front of your family when he bought twitter?
Posted on 11/30/23 at 9:12 am to hubreb
Musk is a genius. And he's on the side of anti-wokeness. We must save Twitter.
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