View Single Post
Old 11-08-2022, 03:36 PM   #962
PeteMoss
Franchise Player
 
PeteMoss's Avatar
 
Join Date: Jun 2004
Location: SW Ontario
Exp:
Default

Quote:
Originally Posted by Matata View Post
Before Elon, twitter was owned by huge investment firms that manage trillions in assets and that also own significant amounts of all 6 major US media companies. Twitter has a profound ability to shape public discourse, influence politics and impact businesses. There are countless ways to extract value from twitter that aren't directly financial, but probably not so much that you still sell it to whatever schmuck is willing to pay $40B for it.
Even if you are right - that some investment firm cabal owned twitter to spread misinformation - wouldn't it still be in their best interest to have it be more popular and by extension - make money.
PeteMoss is online now   Reply With Quote