Elon Cleaning House

Nope, it is worse than that. It is revenue.

 

No, that's revenue, not profit!

 

so telling your advertisers to literally go Eff themselves isn't a genius big brain business man move?

 

Also, brands don't seem to like being associated with Nazis. Who knew?

World Bank just pulled their advertising after they were shown their ad next to Nazi content.

World Bank halts paid advertising on X after CBS News finds its promoted ad under racist content

 

Soooo... not bankrupt. And what about the Forbes list? Has he fallen out of the Top 10 yet?

 

He’s rich and spaceX is doing well. Still Twitter is the worst deal of all time. I like how the sycophants were peddling he was making it some universal platform to take over the world. Now he’s bitching about lost advertisers.

 

After 2 years, do you think he could get 10% of what he paid for it? But he was smart enough to make other people pay for this. One wonders what the Saudis are getting out of this.

 

But he bought Twitter.

 

Court orders X to reveal investors, links to Putin's allies found

The Federal Court in California ordered X to disclose the list of investors. This list contains over a hundred entries, including individuals from the world of finance and show business and a Saudi Arabian royal family member. However, one particular fund drew significant attention: it involves the sons of Russian oligarchs closely associated with Vladimir Putin.

Specifically, this is about the 8VC Opportunities Fund II. On the fund's website, Denis Aven and Jack Moszkowicz are listed in the staff section. They are the sons of oligarchs Petr Aven and Vadim Moszkowicz. Petr Aven, a Russian billionaire and founder of Alfa Group, is described as "one of Putin's main portfolios." He is subject to sanctions imposed on Russia due to the war in Ukraine.

Vadim Moszkowicz made his fortune in the agricultural industry and is part of Putin's inner circle, which is why he has also been subjected to Western sanctions.

MSN

 

This had the chance of being fascinating but at the end of the day underscores why the WSJ is no NYTs - its good not great. They basically map out his conversion from moderate to right wing nut tied to two major events: Disputes handling Covid and not being invited to an EV conference because his company is non union. It was a steady bee line to the right wing conspiracy light from there.


Elon Musk’s Hard Turn to Politics, in 300,000 of His Own Words

If you were to read all his exchanges on X from the past 5½ years—including the posts he replied to—that would add up to about 1.5 million words. That’s roughly twice as long as the King James Bible. The words in Musk’s posts alone added up to more than 300,000—not counting emojis.

Musk and his representatives didn’t respond to questions from The Wall Street Journal about his posting patterns on X, formerly called Twitter.

To understand the political evolution of one of the world’s richest men, the Journal captured nearly 42,000 of Musk’s exchanges on X between 2019 and the end of July. (That’s nearly all his conversations during that period, with a small number of exceptions, such as posts he deleted. Read here for more on methodology.)

Musk’s exchanges included roughly 76,000 posts—his tweets as well as his retweets, tweets to which he replied and any quoted tweets. The Journal mapped them using the same technology that powers artificial intelligence tools like ChatGPT.

 

LOL

 

Oh he’s fine. He is like his buddy Trump, bilking his investment partners and investors. Twitter private investors haven’t fared well, but more importantly Elon’s antics have really hurt Telsa shareholders.

 

https://www.reuters.com/technology/...if-musk-does-not-name-new-country-2024-08-28/

In the decision, Moraes says that under the country's law regulating internet issues, companies that do not respect Brazilian legislation or the confidentiality of private information could have their activities temporarily suspended.

 

You underestimate the value of having a voice DIRECTLY to hundreds of million so people at your fingertips.

 

That voice has turned off and lost customers. Maybe it feeds his ego but not his investors holdings.

 

Brazilian judge isn't playing. Wish some elsewhere had the stones to choke his misnformation platform from knowingly allowing misinformation to encourage division

Elon Musk and Brazil judge's X standoff intensifies as Starlink assets frozen (msn.com)

A standoff between a Brazilian Supreme Court judge and Elon Musk intensified Thursday as the billionaire's Starlink company said its assets had been frozen in the country amid a feud over the fate of his social media platform X.

The episode began Wednesday when Brazilian Supreme Court Judge Alexandre de Moraes threatened to suspend X, formerly known as Twitter, unless Musk named a new legal representative for the company in Brazil within 24 hours. Then on Thursday, Musk's satellite internet operator Starlink said it had received an order from Moraes that "freezes Starlink's finances and prevents Starlink from conducting financial transactions" in the country.
...........................
Moraes, who also presides over Brazil's Superior Electoral Tribunal, has spearheaded a battle against disinformation in South America's largest nation, clashing with Musk along the way.

Several of the X accounts he ordered suspended belonged to supporters of Brazil's former far-right president Jair Bolsonaro, who tried to discredit the voting system in the 2022 election, which he lost.

 

Could Brazil's X Ban Spread to Other Countries? - Newsweek

The recent ban of X (formerly Twitter) by Brazil's Supreme Court from operating within its borders has raised questions about whether similar bans could occur in other parts of the world, particularly in the United States and Europe.

Brazil's highest court ordered the country's telecoms regulator to shut down X across the nation of 212 million people, citing repeated violations of court orders and the spread of hate speech and misinformation. The ban, which took effect on Saturday, came after months of escalating tensions between X's owner, Elon Musk, and Brazilian authorities over content moderation practices.

The court stated it would lift the ban when the platform complies with all legal requirements, pays outstanding fines, and appoints a legal director in the country. Anyone found accessing X in Brazil, even through VPN technology, could face daily fines of approximately $8,900. Newsweek reached out to X via email for comment.

While the First Amendment provides strong protections for free speech in the United States, social media companies are not entirely immune to regulation. For instance, X recently failed to block a California law requiring social media platforms to publicly disclose their content moderation practices.

 

Without self-moderation at Twitter governments will chose infringing free speech. Much like chemo for cancer there are lots and lots of nasty side effects of governments moderating speech. I am not in favor of it but this is of Elon's making by turning twitter into a cesspool that leaders feel they need to clean up.