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Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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Fast Eddie B said:
FWIW, I am seeing Apple ads in my Twitter feed. I suppose they may have gone away for a while, but I didn’t really notice.
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I'm sure advertising campaigns were already purchased and running, but I wouldn't be the least bit surprised to learn some companies will return to do advertising. Especially Apple, it's not like they have an established history of caring about human rights.
 
plague311 said:
I'm sure advertising campaigns were already purchased and running, but I wouldn't be the least bit surprised to learn some companies will return to do advertising. Especially Apple, it's not like they have an established history of caring about human rights.
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The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
 
Warp12 said:
The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
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You might want to look into the way BlackRock runs what amounts to a social credit scoring system for companies which has a very direct bearing on the latter's 'investment worthiness'. The spectre of death by a thousand cuts from going woke and then broke might well be seen as preferable to watching your share prices tank after BlackRock decide you aren't "virtuous" enough.
 
Warp12 said:
The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
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All depends on the company I suppose. Amazon and Apple, I've read, are back to advertising on there, but I doubt the car companies will sign up again.
 
IsThisTheLife said:
You might want to look into the way BlackRock runs what amounts to a social credit scoring system for companies which has a very direct bearing on the latter's 'investment worthiness'. The spectre of death by a thousand cuts from going woke and then broke might well be seen as preferable to watching your share prices tank after BlackRock decide you aren't "virtuous" enough.
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Can you provide me an example of a company "going woke and then broke"? I'm interested in how many times this has happened vs companies doing dumb **** and then, as you said, watching their business tank because they won't wake up.
 
IsThisTheLife said:
You might want to look into the way BlackRock runs what amounts to a social credit scoring system for companies which has a very direct bearing on the latter's 'investment worthiness'. The spectre of death by a thousand cuts from going woke and then broke might well be seen as preferable to watching your share prices tank after BlackRock decide you aren't "virtuous" enough.
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Are talking about BlackRock's ESG fund offerings? Because they are clearly labeled as such, and only make up a fraction of their investment options, and BlackRock themselves are not really losing anything if the underlying investments in the funds lose many... indirectly they will likely do worse since those funds will likely see an outflow of money.

I've been in and out of a number of Blackrock ETF's, and none of them are ESG weighted in anyway. Such as USMV, IVV, IWF. And why a for profit investment company should be bared from offering ESG funds to those who want them is just nonsensical. Its like telling an investor, no you must invest in the entirety of the S&P500, picking and choosing companies that reflect your values is illegal.
 
Warp12 said:
The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
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I mean.... duh? For the most part anyways, the whole fiducial duty thing is a misrepresented lie. If the CEO of a company decides its moraly wrong to advertise on Twitter he's 100% free to do so, even if its determined that its more effective per dollar than advertising on another platform.

But much more so than that, these companies are doing a calculation. If your starting to see your ad next to a tweet from a holocaust denier, and then you start getting letters from customers saying I won't buy your product while you advertise here and I'm going to tell me friends the same... a savvy business executive is going to decide its in their interest to advertise elsewhere.
 
plague311 said:
Can you provide me an example of a company "going woke and then broke"? I'm interested in how many times this has happened vs companies doing dumb **** and then, as you said, watching their business tank because they won't wake up.
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I'm guessing IsThisTheLife is referring to all the companies conservatives have boycotted out of existence for being too woke. You may not even remember these guys, but examples include the NFL, Keurig, Nike, The Hallmark Channel, Disney, Diet Coke, the MLB, Delta Airlines, JPMorgan Chase, ViacomCBS, Citigroup, Cisco, UPS and Merck.
 
wareyin said:
I'm guessing IsThisTheLife is referring to all the companies conservatives have boycotted out of existence for being too woke. You may not even remember these guys, but examples include the NFL, Keurig, Nike, The Hallmark Channel, Disney, Diet Coke, the MLB, Delta Airlines, JPMorgan Chase, ViacomCBS, Citigroup, Cisco, UPS and Merck.
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No its only bad when the left does it. I mean look at how terrible Exxon-Mobil is doing because BlackRock is offering ESG investment funds (thats sarcasm for anyone that doesn't follow the stock market).
 
Janitors who clean Twitter's HQ are on strike after failed negotiations mean they face losing their jobs, union says

And it looks like baby Elon did fire them all.
Twitter has ended the contract with the company that employs the janitors, the California Labor Federation (CLF), an organization made up of more than 1,200 unions, said in a Twitter thread. The CLF said Twitter had indicated its new contractor would not rehire the janitors.
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But there's a catch:
Employment law in San Francisco states that new contractors for janitorial services have to hire the workers from the terminated contractor for 90 days while a company transitions from the old contractor to the new contractor. ...

If the workers are not hired, they can receive compensation and benefits in return, per law.
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Warp12 said:
The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
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Who here thinks that?
 
Warp12 said:
The platform is still too big to ignore, and as I said early on., it is all about the money.

People who think advertisers care about being virtuous are quite naive. Only if it leads to profit, or avoids loss.
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They care about their public image. They do this for cynical commercial reasons, not because they are virtuous.

The problem is that people like Elon Musk are, ironically, trying to make the companies appear to care about high-minded ideals. (Although clearly he is similarly cynical and DNGAF about virtues either despite what the fanboys claim).
 
Orphia Nay said:
Matt Taibbi has posted a Twitter Files Supplemental thread.

https://twitter.com/mtaibbi/status/1600243405841666048?s=61&t=TVFl9qjJexj2E6GbqH75DQ

The "bombshell" is that James A Baker "vetted" the Twitter files, and has now been sacked by Musk.
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This stuff has to be absolute poison to morale for anyone still there. At any moment, Musk could associate your name with whatever conspiracy theory he fell for during his morning coffee, and then you're out.

Here is another fresh example, with Elmo taking a cue from Charlie "Diaper Boy" Kirk.
 
plague311 said:
Can you provide me an example of a company "going woke and then broke"? I'm interested in how many times this has happened vs companies doing dumb **** and then, as you said, watching their business tank because they won't wake up.
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Haven't you been paying attention? It was Twitter's having become so bloated with thousands of woke, over-paid and/or incompetent "liberal" staffers that the threat of insolvency created the opening for Musk's buy-out.
 
IsThisTheLife said:
Haven't you been paying attention? It was Twitter's having become so bloated with thousands of woke, over-paid and/or incompetent "liberal" staffers that the threat of insolvency created the opening for Musk's buy-out.
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That's why he paid such a premium for it? Seems a rather strange business decision. Also wonder why he tried to get out of the deal?

Plus many of the employers let go dealt with Twitter's customers - seems strange to label folk who ensured money flowed into Twitter as woke, but whatever floats your boat - we all know "woke" means "them" for you.
 
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