Reddit enrages users again by ditching thank-you coins and awards::Reddit, which is still dealing with the fallout from its last controversial decision, said it plans to phase out coins and awards.
Definitely not. Here's the breakdown of the $44 bn purchase:
$5 bn from other investors, including a Saudi prince
$26 bn from Elon, underwritten by stocks in Tesla (which significantly dropped in value after the purchase)
$13 bn in a loan that Twitter took out to buy itself on Musk's behalf.
Twitter could hardly pay the interest on that $13 bn, even before Musk tanked the company's revenue. Either Twitter steps into line and gets more investment from right wing control freaks, or it dies - both could be seen as a win in the eyes of Peter Thiel or the Saudis.
Let's not forget the Saudi royal family. They really hate social media.
Definitely not. Here's the breakdown of the $44 bn purchase:
Twitter could hardly pay the interest on that $13 bn, even before Musk tanked the company's revenue. Either Twitter steps into line and gets more investment from right wing control freaks, or it dies - both could be seen as a win in the eyes of Peter Thiel or the Saudis.
don't you mean billion?
I did, thought I'd edited out all the "mil"s hah. Thanks, fixed now.