melp
@melp@beehaw.org
ugh
- Comment on South Korean President’s Bodyguard Asked ChatGPT About ‘Martial Law’ Hours Before Coup. 4 days ago:
Lolol
- Comment on Yahoo is selling TechCrunch 4 days ago:
I’m told Thailand loves it?
- Comment on The wildest details in the Facebook memoir Meta is trying to bury 6 days ago:
No one in leadership roles should be allowed to be that out of touch.
- Comment on Elon Musk’s X obtains $44bn valuation in sharp turnaround 1 week ago:
Since taking over the group, Musk has loosened the platform’s moderation policies, something that prompted many advertisers to leave. Disclosures from Fidelity Investments in late September implied a valuation for the company that was below $10bn. Musk purchased Twitter for $44bn. The new $44bn valuation represents a rebound for Musk and the group’s investors, including Andreessen Horowitz, Sequoia Capital, 8VC, Goanna Capital and Fidelity Investments. The deal would help set a price for the upcoming primary round
Great. Now I need to find a better handler for my retirement fund… ugh.
Another two people with knowledge of X’s finances said there were signs Musk’s cost-cutting plan for the company was working, and that revenues had been improving. A further person noted, however, that the ebitda figure was “wildly adjusted”.
Well, yea. You chase a major chunk of users off and collapse a company, any shred of viability looks great. The key here is the “wildly adjusted” bit.
Investor interest in the loans improved in the weeks following Trump’s election victory in November, given the billionaire’s proximity to the new administration as a confidant to the president and the head of the so-called Department of Government Efficiency (Doge) intent on cutting government red tape.
So bribery.
A group of seven Wall Street banks including Morgan Stanley, Bank of America, Barclays and MUFG have sold almost all the $12.5bn of loans Musk used to finance his takeover of Twitter in 2022. The lenders had been saddled with the debt while Musk sought to turn around X’s operations as equity investors repriced their stakes in the platform at dramatic discounts.
And they now want a piece of the bribery pie.
It also improved after Musk gave a 25 per cent stake in his artificial intelligence start-up xAI to investors in the social media company early last year. xAI has obtained a valuation of $45bn, and the novel arrangement has provided new security to X’s lenders and boosted the platform’s valuation. One banker close to the fundraising said the upcoming primary round would help X “clean up the last bit of debt”.
Again, bribery.
The banks agreed to give the company time to raise fresh equity or equity-like funding to pay down the remaining junior debt, instead of offloading it when they sold more than $11bn of the loans in January and February, two people said
For better democratic results, eject the C suit
In a further boost for X, groups such as Amazon have boosted marketing spending recently as Musk’s relationship with Trump has deepened. X recently added a number of brands, including Nestlé, Lego, Pinterest and Shell, to a lawsuit alleging the companies had previously illegally boycotted the platform.
This bullshit again.
- Comment on (Blog) How I'm Building a Trump-Proof Tech Stack Without Big Tech 2 weeks ago:
It’s a good start. We’re gonna have to stay on our toes with our stacks, though. It can all be compromised.
- Comment on Palantir, Trump’s ‘big brother’ dominating the stock market 2 weeks ago:
Thiel needs to be at the top of the DDD list
- Comment on US Justice Dept. Doubles Down on Request to Break Up Google 2 weeks ago:
Hmm. I don’t believe it.
- Comment on Trump’s Crypto Reserve Is Really Happening 2 weeks ago:
plop plop fizz fizz
- Comment on Zuckerberg’s Meta considered sharing user data with China, whistleblower alleges 2 weeks ago:
As much as we all despise Elon, I personally think Mark is the worst. I hope he falls into lava. Maybe take his bloodline with him on a volcano vacation.
- Comment on Elon Musk says X hit by 'massive cyber attack' as users unable to log in 2 weeks ago:
He probably just didn’t pay a bill and thinks that’s an attack
- Comment on Weekly “What are you playing” Thread || Week of March 9th 2 weeks ago:
I love my Hello Kitty game. It was originally called Hello Sweet Days and they changed it to the most unfortunate acronyms HKDV… Hello Kitty Dream Village. Yes I am a middle aged woman playing a Hello Kitty gacha game but I love it.
- Comment on BMW’s next-gen EVs depend on an unassuming black box called ‘Heart of Joy’ 2 weeks ago:
You have me beat. I think the sportiest car I ever had before this lil i4 was my Integra sport edition. I loved that car. It was bought used. My brother killed it… long story. I too wish we weren’t weirdlt prejudice against Chinese EVs.
- Comment on BMW’s next-gen EVs depend on an unassuming black box called ‘Heart of Joy’ 2 weeks ago:
We have the i4. It’s our first nice car. We had a Prius that died and the trade in was excellent for it and the rebate we got on the new ev was hella. Sooo we got the i4. I was super against it but here I am, two years later. I love it. SIde note. I got to meet the engineer who made the color changing skin for the beemer that was the talk of the world in like 2022 (ish). She’s SO COOL. I fan-girled so hard.
- Submitted 2 weeks ago to technology@beehaw.org | 5 comments
- Comment on Prepare For Discord To Get Way Worse [Kotaku] 2 weeks ago:
Lets just all go back to BitchX, ok?
- Comment on No-code tools for activists 3 weeks ago:
This is great!
- Comment on Mozilla says its new Firefox terms don’t give it ownership of your data 3 weeks ago:
I learned a new term today that illustrates this move. Warrant canary. When a company disappears a promise it’s like a canary in a coal mine.
- Comment on The Senate Passed The TAKE IT DOWN Act, Threatening Free Expression and Due Process 4 weeks ago:
I guess it’s still gotta go through congress? Call your rep. Adding it to my list of shit to call about.
- Comment on While Democracy Burns, Democrats Prioritize… Demolishing Section 230? 4 weeks ago:
Calling my useless rep on this and dumb dumbass Durbin too
- Comment on Meta approves bonuses of up to 200% of company executives' salaries as it trims stock awards for employees 4 weeks ago:
Imagine the world benefit of everyone quit their meta job
- Comment on Elon Musk and Wikipedia are feuding 4 weeks ago:
My co-worker mentioned Edolph and his pet orange turd are openly naming the Mexican cartels now. I really hope they retaliate and aren’t in bed with these scumbags because if they’re not, then the Sinaloa’s are extremely good at the FAFO game.
- Comment on Elon Musk and Wikipedia are feuding 4 weeks ago:
! shhhhhhhhh
- Comment on Elon Musk and Wikipedia are feuding 4 weeks ago:
Ya. I guess we need to donate more to Wikipedia.
- Comment on Apple Maps May Soon Feature Ads, But Not Everyone's Onboard - gHacks Tech News 4 weeks ago:
Thanks for the suggestion! I have Maps.ME on my droid. Adding this to my list to use.
- Comment on Microsoft Follows Google on a Controversial Decision - gHacks Tech News 4 weeks ago:
No. I blocked them.
- Submitted 4 weeks ago to technology@beehaw.org | 33 comments
- Submitted 4 weeks ago to technology@beehaw.org | 18 comments
- Comment on Microsoft Follows Google on a Controversial Decision - gHacks Tech News 5 weeks ago:
Oh, i meant in the beehaw forums. There’s more apologists on this side of beehaw than over on US Policy. Sorry. Wasn’t clear.
- Comment on Microsoft Follows Google on a Controversial Decision - gHacks Tech News 5 weeks ago:
It’s weird they’re in the tech community more than the US politic one.
- Comment on Microsoft Follows Google on a Controversial Decision - gHacks Tech News 5 weeks ago:
Well… at least one non beehawer found themselves on my block list. Anyway.