Musk will continue being upset with institutions for pulling ads over his favorite content
Twitter loses World Bank ads over pro-Nazi content placement
Submitted 3 weeks ago by True@lemy.lol to technology@lemmy.world
Comments
expatriado@lemmy.world 3 weeks ago
BroBot9000@lemmy.world 3 weeks ago
Taking bets on how long before Musk sues them.
sp3tr4l@lemmy.zip 3 weeks ago
Please, please, sue the World Bank Mr. Musk. I am so sure that will go well, and totally won’t result in anything bad for all of your massively debt financed businesses.
InternetUser2012@lemmy.today 3 weeks ago
Another good bet would be when does it go bankrupt or he sell it for a massive loss.
humancrayon@sh.itjust.works 3 weeks ago
I would laugh if Dorsey bought it back for pennies on the dollar and turned it right back into what it was before. Playing the long game.
Frostbeard@lemmy.world 3 weeks ago
What the fuck does the world bank need to advertise for?
sugartits@lemmy.world 3 weeks ago
Trust us, we are printing all this money for your own good. Your. Own. Good.
Something like that I assume.
skibidi@lemmy.world 3 weeks ago
The world bank isn’t involved so much in printing money - that’s central banks like the US Federal Reserve or European Central Bank.
They do love to force developing nations to adopt US-style capitalism by withholding loans for needed development projects. They also focus far too much on increasing GDP at all costs and do not give really any weight to increasing living standards or reducing inequality. Basically, think loans to institute Reaganomics and you won’t be too far off.
The loans pay for large capital projects (power plants, large-scale irrigation, etc) that are built by the state and then mandated to he handed over to private entities that then charge rents and extract wealth. Not every loan and program is bad, but there’s plenty to give pause when they are involved in a project.
sunbeam60@lemmy.one 3 weeks ago
Public relations
masquenox@lemmy.world 3 weeks ago
There are some countries in Africa that isn’t impoverished enough yet.
OutlierBlue@lemmy.ca 3 weeks ago
Trying to expand their market to the Moon and Mars.
RageAgainstTheRich@lemmy.world 3 weeks ago
Am i the only one confused about what they thought would happen? Have they not been following the news about twitter for the past year or so? Or were they fine with twitter being covered in nazi stuff until their ad appeared next to one and someone notified them?
ripcord@lemmy.world 3 weeks ago
They were fine until they specifically were called out on it.
barsquid@lemmy.world 3 weeks ago
That tweet is so racist that I’m surprised Elon didn’t tweet a thinking face emoji reacting to it.
NutWrench@lemmy.world 3 weeks ago
Who would have guessed that a social media platform owned by an apartheid-loving fascist would trend right wing? I mean, Musk is such a stable genius.
/s just in case.
Buddahriffic@lemmy.world 3 weeks ago
And all he had to do was act like he wanted to back track on the offer and the courts forced the sale through quickly rather than slow things down and consider whether social media should even be a privately owned thing run at the whims of a guy that used that same platform to try to ruin someone’s life with a baseless pedophilia accusation because they hurt he’s feelings when telling him his sub idea wouldn’t work and he was just getting in the way rather than helping anything.
I just wonder if the courts fell for his ploy or if they just played the part they were supposed to and the whole thing was an act.
Also, I don’t think it’s a coincidence that he spent 44 billion on Twitter and then, after pretty much ruining it, for some reason Tesla shareholders (which are majority institutional shareholders) vote through a 50 billion compensation package for him.
theneverfox@pawb.social 3 weeks ago
When an organization as problematic as the world Bank won’t work with you…
aodhsishaj@lemmy.world 3 weeks ago
Context below for anyone curious about how shitty the World Bank and IMF are
reuters.com/…/world-bank-imf-face-long-term-damag…
www.nytimes.com/…/world-bank-kenya-schools.html
xantoxis@lemmy.world 3 weeks ago
I dare Elon to sue World Bank.
flop_leash_973@lemmy.world 3 weeks ago
Musk is learning the lesson Google and Youtube learned years ago with the “adpocalypse”. If the whole house of cards depends on ad dollars you have to keep them happy.
Unless Musk is going to take X (Twitter) completely subscription only, or fund it exclusively out of his own pocket, he is not going to get that “anything I want goes” utopia is is crowing about.
Delta_V@lemmy.world 3 weeks ago
fund it exclusively out of his own pocket
That’s how newspapers got started - they were propaganda organs of the rich and existed exclusively to manipulate public opinion. Things really haven’t changed that much, but somewhere along the way, people were tricked into paying for them instead of getting paid to read them.
TheObviousSolution@lemm.ee 3 weeks ago
Except that libel laws exist to regulate things like newspapers, not things like random comments by random users you may not even know is a bot account.
TheObviousSolution@lemm.ee 3 weeks ago
Pretty sure Russia’s owners of Twitter really intend it just to be used as a propaganda backwagon platform, like China’s TikTok, so the funding does not need to be self-sufficient. As long as they get a critical userbase where they can move their propaganda, nerf the criticism, and can’t be taken down because of the ensuing backlash, that’s good enough for them.
Facebones@reddthat.com 3 weeks ago
Capitalism: free markets are the only way if you dont like Nazi shit go somewhere else librulz
Also capitalism: Its literally illegal to not give us money and if you take your money elsewhere we’ll sue you!
vga@sopuli.xyz 3 weeks ago
Twitter isn’t capitalism, nor is Elon Musk. He says “I love capitalism” in the same way as Emperor Palpatine says “I love democracy!”
Delta_V@lemmy.world 3 weeks ago
It is though - this is what capitalism invariably becomes. Musky Twitter is a symptom of late stage capitalism. This is why so many people say capitalism is bad and doesn’t work as advertised.
The golden age of classical liberalism, when capitalism actually worked, the 1700-1800’s, more closely resembles what we would today call market socialism.
Once the agglomerations of capital became large enough to impose irresistible anti-competitive force, the days of capitalism’s beneficial functionality ended. They say “the freer the market the freer the people”, but an unregulated market isn’t free - it invariably trends toward monopoly and irrationally assigned concentrations of wealth and power, eg Musk, Bezos, DuPont, Sackler, etc…
Capitalism supports, rather than resists, the anti-competitive influence of capital. A truly free market requires the intervention of powers other than capital - eg, democratic governance imposing something akin to Market Socialism against the wishes of those anti-competitive agglomerations of capital.
not_that_guy05@lemmy.world 3 weeks ago
Lol. Hahahahahaha. Jajajajajajaj.
masquenox@lemmy.world 3 weeks ago
So Apartheid Boy just said the quiet part out loud?
Color me surprised.
InternetUser2012@lemmy.today 3 weeks ago
At this point anyone advertising on twitter is a piece of shit.
aniki@lemmings.world 3 weeks ago
Using… Using twatter
NaoPb@eviltoast.org 3 weeks ago
Good. Kill the Twitter.
ssm@lemmy.sdf.org 3 weeks ago
Thank you Xhitter for blocking ads!
DrSleepless@lemmy.world 3 weeks ago
Ha-ha!
x00z@lemmy.world 3 weeks ago
🥁
roguetrick@lemmy.world 3 weeks ago
Hmmm. Which organization actually empowers the march to fascism globally more? The neo liberal loan sharks or digital Der Stürmer.
mercano@lemmy.world 3 weeks ago
I love how, despite Musk’s best efforts, 3/4 of the internet still calls the site Twitter.
maxenmajs@lemmy.world 3 weeks ago
We were going to keep calling it Twitter no matter what, but it feels even better knowing how much he loves deadnaming.
hperrin@lemmy.world 3 weeks ago
“They call it deadnaming because it’s dead. My [Twitter] is dead.”
Eiri@lemmy.world 3 weeks ago
I also like Xitter, because in my head that can only be pronounced Shitter, which is a good name for it.
webadict@lemmy.world 3 weeks ago
You could also pronounce it like Exitter and it still works.
Grandwolf319@sh.itjust.works 3 weeks ago
And there is a whole South Park episode with this name.
masquenox@lemmy.world 3 weeks ago
Let’s jusy call it Shitter, then.
EngineerGaming@feddit.nl 3 weeks ago
My association with X is “Not Wayland”.