Twtr down 5%. Banned their cash cow, but Jack has shown over the last year he has morals and a heart. If shares go down further I will consider buying again. Doesn't hurt that he understands long term brand value.
Does he, though? He literally allowed the President and others to repeatedly and openly threaten people using his Twitter account. He only banned him after an armed insurrection against the country. Is that leadership? Or is that seeing the winds change with Democrats in charge now and trying to get in their good graces with tech reform coming?
Was also referring to his covid efforts donating a third of his wealth + text warnings on falsehoods on trump tweets. Takes balls to stand-up to a sitting president, I'm sure shareholders did not want that. Also decided before fb not to take political ad money. He could have taken the zuckerberg route, but he's clearly a much better person.
Word on the street is that dip$hit has to create his own schedule and answer all the phones now that everyone has quit.
This is what I meant in a post earlier in the week that Trump is now set to make a lot of money on another platform ... alternative tech companies will be offering shares to him competing for his exclusive. He's like the most valuable "Influencer" on the market. Then twitter will have to deal with screenshots being captured on one platform and tweeted on their platform, still. Just like the tweet above shared a deleted tweet of his. Articles and blogs will embed posts, etc, etc Spoiler: Neil Stephenson's prediction btw: in his latest novel, Neil Stephenson predicts a great cultural divide with the need to have professional internet editors scrubbing the garbage and hate out of circulation. You opt-in (maybe even pay for your own personal or family editor -- very expensive), but schools, colleges and companies also opt-in their entire wifi for safe zones. Stephenson didn't say it, but mobile networks would fit with his scrubbing idea, too. That said, the government also lost the ability to police rural america. so sad! whereby one part of the US never interacted with the other. not really a spoiler, that's only about 40 pages of the book ... not the whole plot.
