Future Timeline

Wed, 20 April 2022

Two business stories converged as Elon Musk took a Twitter kick at Netflix after the streamer’s stock sank on subscribers losses.

“The woke mind virus Is making Netflix unwatchable,” Musk tweeted in a chain responding to news of Netflix’ share crash following yesterday’s earnings report. He didn’t elaborate. Netflix stock is down 35% today, a massive hit, as confluence of factors (not really content related) have slowed its once mighty growth trajectory.

Musk has also been pretty busy slamming the board of Twitter in other posts on Twitter, which he wants to buy. Twitter’s board of directors put in place a so-called “poison pill” to make that harder. Musk is attempting to raise funds for a $43 billion cash offer with the help of Morgan Stanley and if he does, has hinted he’ll launch a public tender — going to directly to Twitter shareholders to buy their stock over the head of management.

The woke mind virus Is making Netflix unwatchable

When Twitter agreed to sell itself to Elon Musk for $44 billion on April 25, the two parties agreed to specific terms of the merger, signed a document, and filed it to the US Securities and Exchange Commission (SEC).

Musk doesn’t yet own Twitter, and he won’t for many more months, but he is now locked into a contract with the social network’s current management, and there’s a $1 billion penalty at stake if he pulls out. The two sides also agreed to certain rules of behavior for the period before the deal closes. And one day after that agreement was reached, Musk already broke the rules.

Musk’s agreement with Twitter allows him to tweet about the merger “so long as such Tweets do not disparage [Twitter] or any of its Representatives.”

But on April 26, Musk tweeted what could be considered two separate disparaging comments about Twitter employees.

After Politico reported that Vijaya Gadde, Twitter’s top lawyer and head of trust and safety, had cried in an internal meeting following news of the acquisition, conservative journalist Saagar Enjeti tweeted a screenshot of the article alongside the message: “Vijaya Gadde, the top censorship advocate at Twitter who famously gaslit the world on Joe Rogan’s podcast and censored the Hunter Biden laptop story, is very upset about the @elonmusk takeover.”

Gadde’s team, which is in charge of content moderation decisions at Twitter, briefly blocked a link to an October New York Post article about a laptop belonging to Hunter Biden, son of soon-to-be-US president Joe Biden. It also temporarily locked the Post’s account. The laptop was eventually confirmed to be Biden’s, and then-Twitter CEO Jack Dorsey apologized, saying Twitter made a mistake.

On Tuesday, Musk jumped into the fray, in essence agreeing with Enjeti’s critique of Gadde. “Suspending the Twitter account of a major news organization for publishing a truthful story was obviously incredibly inappropriate,” he tweeted.

Tadasuke wrote: ↑Thu Apr 28, 2022 10:35 am He believes in freedom and democracy.

wjfox wrote: ↑Thu Apr 28, 2022 12:28 pm

Tadasuke wrote: ↑Thu Apr 28, 2022 10:35 am He believes in freedom and democracy.

Does he really, though?

https://robertreich.substack.com/p/when ... reedom?s=r