Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Peacetrain

(22,877 posts)
Mon Nov 7, 2022, 02:31 PM Nov 2022

A dark side to the Twitter sale we have not considered before


1. Elon Musk set to fire half of Twitter employees

https://www.cbsnews.com/news/elon-musk-3700-twitter-job-cuts-half-of-employees/

2. Elon Musk Says the Quiet Part Out Loud, Tells His Minions to Vote GOP

https://www.cbsnews.com/news/elon-musk-3700-twitter-job-cuts-half-of-employees/

I know we kidded around and were wondering what kind of crazy corporate executive he was, paying double what a company was worth etc etc

But seriously, how much has he been paid to sell out our country? that is the question I have Who is funding the Musk? and why?







10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

kimbutgar

(21,164 posts)
1. He's a triple citizen of South Africa, Canada and US
Mon Nov 7, 2022, 02:42 PM
Nov 2022

How can he be loyal to America when he has dual citizenship?

Thank god he can’t run for president!

usonian

(9,817 posts)
2. Oh, don't you know?
Mon Nov 7, 2022, 02:42 PM
Nov 2022
Elon Musk’s Twitter takeover partially financed by Saudi Arabia prince, sparking national security concern
https://www.nydailynews.com/news/world/ny-elon-musk-twitter-saudi-prince-investors-20221101-szzgo3qoxvhpjmsya5nsq6clxu-story.html
Confirmed by other sources.

Elon Musk’s Twitter takeover has sparked calls for an investigation into the national security implications raised by the involvement of Saudi Arabia and its prince, Alwaleed bin Talal, who’s now the second-largest investor in the now-private social media company.

Musk completed his $44 billion acquisition with the help of bin Talal, founder of Saudi Arabia’s Kingdom Holding Co., who agreed to roll over his company’s existing $1.89 billion stake in the social media platform. “Dear friend ‘Chief Twit’ @elonmusk. Together all the way @Twitter,” Prince Alwaleed tweeted last week.

While the Tesla CEO managed to nab several more top investors — including Twitter’s former CEO, Jack Dorsey, Larry Ellison, the co-founder of software company Oracle, and the Qatar Investment Authority — its mostly Saudi Arabia’s participation that has sparked worry from some American politicians.

“We should be concerned that the Saudis, who have a clear interest in repressing political speech and impacting US politics, are now the second-largest owner of a major social media platform,” Sen. Chris Murphy said in a tweet on Monday.


pandr32

(11,594 posts)
4. He received funding from Saudi Prince Alwaleed
Mon Nov 7, 2022, 02:47 PM
Nov 2022

The Saudi prince is now the second largest share/stake holder.

Lithos

(26,403 posts)
5. There is a silver lining
Mon Nov 7, 2022, 03:01 PM
Nov 2022

I do not think Twitter will have much impact for the mid-terms.

And I think that sucking sound you're hearing are advertisers abandoning Twitter in record numbers. Besides not understanding the business model of Twitter, Elon lacks any discipline to run a company like Twitter even if he were being given good advice (which he is not).

There is no way that Twitter will have any relevance other than an echo chamber in a few more months time. Elon is definitely performing an extremely efficient speed run of taking Twitter into the ground.

gratuitous

(82,849 posts)
6. Bosses have been trying to tell their minions how to vote for years
Mon Nov 7, 2022, 03:07 PM
Nov 2022

Unfortunately, they can't be sure how their minions voted, thanks to the secret ballot.

Musk will have plenty to worry about from the WARN Act lawsuit he will be facing. Trying to cut costs by cutting staff is another time-honored tactic of the oppressive employer. In the last two years, though, the balance of power has shifted. For decades, too many workers were pursuing too few job openings. Employers could scare employees with the idea that there were a dozen qualified people lined up to do his job for less money. Now, though, there are too many unfilled jobs going begging, and the power is in the employees' hands.

Pursue the WARN Act lawsuit while going to work elsewhere, and pick up a suitable chunk of change somewhere down the line while working at a job you like better and get paid more to do.

Ya done fucked up, Elon.

Sky Jewels

(7,113 posts)
10. I wish users with big followings (like George Takei) would take their account to a new site.
Mon Nov 7, 2022, 04:28 PM
Nov 2022

There would be a quick collapse of Twitter if some of the biggest names relocated to a better place.

Latest Discussions»General Discussion»A dark side to the Twitte...