• tal@lemmy.today
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    2 days ago

    Musk lost a lot of money on his last social media company purchase, Twitter, after spending some time in court trying to abort the purchase. I’m not at all sure that he wants to buy another social media company.

    • Soulifix@kbin.melroy.org
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      2 days ago

      Twitter ended up inadvertently turning to his favor though. It has turned into even more of a hotbed for unchecked, uneducated and loud morons from alt-right/qanon/incel/republicans.

      He gets TikTok though, it’ll just be another platform to blast full volume even more.

      The guy is stupid rich, he could theoretically buy Facebook/Instagram/WhatsApp and Reddit if he wanted to. He’s just not choosing to at this time.

    • masterofn001@lemmy.ca
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      2 days ago

      It was and never will be about how much it cost or lost.

      It was always about the dismantling of lefty spaces, the control of speech, and a pulpit to announce his decrees as a disciple of baphomet and kek.

      170 million Americans and all their data suddenly under his authority would be worth more than you could imagine. That worth would not be in any currency.

      • sunzu2@thebrainbin.org
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        2 days ago

        It was always about the dismantling of lefty spaces,

        Hmm these “allies” appear to be unreliable, I wonder why

    • Jeena@piefed.jeena.net
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      2 days ago

      He got so much more out of Twitter than we could have imagined, he lit the USA on fire with it, that’s worth much more than the couple of billion lost. I think TikTok is even more powerful than Twitter.

      It’s a match made in heaven, win, win, win for every autocrat involved.

  • recursive_recursion they/them@lemmy.ca
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    2 days ago

    With China/the CCP’s supposed financial struggles, selling TikTok to Elon for immediate liquidity does actually make sense.

    huh just the fact that this could happen is a bit funny to see as it does signal that capitalism is a stronger force than authoritarianism

    very odd

    • essteeyou@lemmy.world
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      2 days ago

      You think the entire nation of China needs a small amount of money from Elon?

      China is the largest holder of foreign reserves in the world, and has been for years. We’re talking trillions of dollars, not a few billion.