Enough Musk Spam

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For those that have had enough of the Elon Musk worship online.

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Elon Musk admits X ‘may fail’ after glitch deletes Twitter photos (www.theguardian.com)

submitted 1 year ago by merridew to c/enoughmuskspam@lemmy.world

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"Over the weekend, a glitch on the platform meant that the site removed pictures and links on posts made before December 2014. The posts showed broken links instead of the pictures and videos that were previously there.

Several users noticed the glitch, with the technologist Tom Coates among those pointing it out. Coates referred to the glitch as “epic vandalism by Musk” and suggested it could be a cost-saving exercise."

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[–] agent_flounder@lemmy.one 15 points 1 year ago* (last edited 1 year ago) (1 children)

Another lemmer commented on a similar post and got me thinking... Who paid for Twitter, really? It was not all Musk. I have to wonder if he got bankrolled and was given marching orders to nuke it. Also what got deleted? Arab Spring.

[–] whats_a_refoogee@sh.itjust.works 10 points 1 year ago (1 children)

Out of 46.5 billion total cost, 27 billion was out of Musk's pocket. 13 billion were bank loans, most as a leveraged buyout so technically Twitter owes the banks, but the banks do not own shares. 5.2 billion, only a little more than 10% came from other sources. The biggest is 1.89 billion from the Saudi Prince, but those are just his previously owned shares that he decided to keep. It wasn't a new investment. He obviously has influence (same as he did before the acquisition) but I doubt he's giving marching orders with less than 5% stake. https://www.ctvnews.ca/business/who-is-financing-elon-musk-s-us-44-billion-deal-to-buy-twitter-1.6100579?

[–] Drunemeton@lemmy.world 3 points 1 year ago

You’re thinking like a shareholder.

A very rich friend helped out a very rich man, who now owes him a favor…