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ti-amie United States of America
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Re: Business/Markets/Stocks/Economics Random, Random

#511

Post by ti-amie »

Mueller, She Wrote
@MuellerSheWrote
NEW: THREAD: Ronan Farrow’s expose on Musk is out. It’s a MUST READ. Here are some stand-out moments.

Musk deliberately throttled Starlink - the communications system Ukraine was relying on in battle. He held it hostage for $400M at critical points in the war. 1/
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Musk had spoken to Putin before this decision, and right around that time, he came up with his “peace plan”, which is essentially the same as Russia and trump’s: give Russia chunks of Ukraine. 2/
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His pro-Putin stance aligns with his goals in China: keep China happy because that’s where he makes Teslas. Beijing disapproved of Musk helping Ukraine because they lend support to Russia. That explains Musk’s desire to hand Taiwan over to China. 3/
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Link to the full article. It's from the New Yorker so you know it's long.

https://www.newyorker.com/magazine/2023 ... hadow-rule
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Re: Business/Markets/Stocks/Economics Random, Random

#512

Post by ponchi101 »

He is really hard to stomach.
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Re: Business/Markets/Stocks/Economics Random, Random

#513

Post by ti-amie »



Just about done with Xitter
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Re: Business/Markets/Stocks/Economics Random, Random

#514

Post by ponchi101 »

Why ruin a good conspiracy theory?
A good friend recently told me that the climate change hoax is basically led by Elon, because he wants to sell more Teslas. Just to show that it is always easier to find a boogey man than the truth. Faster too.
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Re: Business/Markets/Stocks/Economics Random, Random

#515

Post by ti-amie »

Steve Herman
@w7voa@journa.host
“Musk is engaging with and elevating these antisemites at a time when ADL is tracking a surge of bomb threats and swatting attacks of synagogues and Jewish institutions, dramatic levels of antisemitic propaganda being littered throughout Jewish and non-Jewish residential communities, and extremists marching openly through the streets in Nazi gear.” - ADL
https://www.adl.org/resources/press-releas
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Re: Business/Markets/Stocks/Economics Random, Random

#516

Post by ti-amie »

Dave Lee
@DaveLeeBBG
Elon Musk revisiting an idea apparently floated privately in the past -- charging *everyone* to use Twitter. A lower tier than premium. "We’ve moving to a small monthly payment for use of the X system," he just told Benjamin Netanyahu, saying it's only way to stamp out bots.
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Re: Business/Markets/Stocks/Economics Random, Random

#517

Post by ponchi101 »

Do it. Let's see how many people stay. It is not that complicated.
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Re: Business/Markets/Stocks/Economics Random, Random

#518

Post by ti-amie »

EXCLUSIVE: X, formerly known as Twitter, will begin charging new users $1 a year to access key features including the ability to tweet and retweet
BY KYLIE ROBISON

X, the platform formerly known as Twitter, will begin charging new users $1 a year to access key features including the ability to tweet, reply, quote, repost, like, bookmark, and create list, according to a source familiar with the matter. This change will go live today for new users in New Zealand and the Philippines.

Roughly 20 minutes after this story went live, X’s Support account confirmed the details, writing that “this new test was developed to bolster our already successful efforts to reduce spam, manipulation of our platform and bot activity, while balancing platform accessibility with the small fee amount. It is not a profit driver.”
Support

@Support
Starting today, we're testing a new program (Not A Bot) in New Zealand and the Philippines. New, unverified accounts will be required to sign up for a $1 annual subscription to be able to post & interact with other posts. Within this test, existing users are not affected.

This new test was developed to bolster our already successful efforts to reduce spam, manipulation of our platform and bot activity, while balancing platform accessibility with the small fee amount. It is not a profit driver.

And so far, subscription options have proven to be the main solution that works at scale.

More details → https://help.twitter.com/using-x/not-a-bot
X owner Elon Musk has long floated the idea of charging users $1 for the platform. During a recent livestreamed conversation with Israeli prime minister Benjamin Netanyahu last month, Musk said “It’s the only way I can think of to combat vast armies of bots.”

The company published the “Not-a-Bot Terms and Conditions” today outlining its plan for a paid subscription service that gives users certain abilities on their platform, like posting content and interacting with other users. This program is different from X Premium, which offers more features like “Undo” and “Edit” for posts for $8 a month.

https://fortune.com/2023/10/17/twitter- ... -to-tweet/
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Re: Business/Markets/Stocks/Economics Random, Random

#519

Post by Owendonovan »

"X, formerly known as twitter" can't ever be just X, and should never be. (in the public lexicon)
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Re: Business/Markets/Stocks/Economics Random, Random

#520

Post by ti-amie »

I call it Xitter pronouncing the "x" as "sh".

It's really really bad now.
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Re: Business/Markets/Stocks/Economics Random, Random

#521

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Peter Thiel was reportedly an FBI informant

A report from Insider alleges that Thiel passed info about foreign contacts and ‘Silicon Valley intrigue’ to the agency starting in 2021.
By Adi Robertson, a senior tech and policy editor focused on VR, online platforms, and free expression. Adi has covered video games, biohacking, and more for The Verge since 2011.

PayPal co-founder, venture capitalist, Republican megadonor, and disputed vampire Peter Thiel may also have been an FBI informant — at least according to a new report from Insider.

Insider spoke to multiple people who claim Thiel became a “confidential human source” for a Los Angeles-based agent named Johnathan Buma — a term that indicates a long-running relationship with the FBI, allegedly beginning in 2021. While Thiel was once a high-profile supporter of former President Donald Trump, a subject of multiple FBI investigations, the deal is said to have excluded any information about Thiel’s domestic political contacts. Insider says it focused instead on “foreign contacts and Silicon Valley intrigue,” potentially including foreign influence operations in the tech industry. He was apparently outed as revenge for not investing in a right-wing blogger’s startups.

Neither Thiel nor the FBI commented to Insider about the report. And one of Insider’s sources is Charles Johnson, a far-right political figure and blogger that Insider acknowledges has spread a mix of accurate and false information in the past. But Johnson’s relationship with Thiel has been previously reported, including in Kashmir Hill’s recent book on facial recognition startup Clearview AI, a company Johnson claims in a lawsuit to have co-founded. (In that March suit, Johnson identifies himself as an FBI informant as well.) Johnson told Insider he introduced Thiel to Buma — then exposed him because Johnson “felt betrayed that Thiel did not invest in Johnson’s own startups, which he had expected Thiel to do in exchange.”

Holding longtime informant status would put Thiel at odds with parts of the Republican party, which has grown hostile to the FBI amid its investigations of Trump. (Granted, that hostility didn’t stop Trump’s Truth Social from tipping off the agency to a man who made threats on the social network.) But Thiel has stepped back from politics during the 2024 US presidential election, reportedly because he felt that Republicans were focused on domestic culture wars instead of American economic competitiveness. As Insider notes, Thiel has urged the FBI to investigate Google for Chinese government infiltration. Passing the agency tips about foreign contacts would align neatly with his concerns about foreign influence in tech — and until he can hole up full time in a bunker in New Zealand, his deep Silicon Valley connections are likely worth cultivating by the FBI.

https://www.theverge.com/2023/10/19/239 ... nce-report
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Re: Business/Markets/Stocks/Economics Random, Random

#522

Post by Owendonovan »

ti-amie wrote: Fri Oct 20, 2023 12:01 am Peter Thiel was reportedly an FBI informant

A report from Insider alleges that Thiel passed info about foreign contacts and ‘Silicon Valley intrigue’ to the agency starting in 2021.
By Adi Robertson, a senior tech and policy editor focused on VR, online platforms, and free expression. Adi has covered video games, biohacking, and more for The Verge since 2011.

PayPal co-founder, venture capitalist, Republican megadonor, and disputed vampire Peter Thiel may also have been an FBI informant — at least according to a new report from Insider.

Insider spoke to multiple people who claim Thiel became a “confidential human source” for a Los Angeles-based agent named Johnathan Buma — a term that indicates a long-running relationship with the FBI, allegedly beginning in 2021. While Thiel was once a high-profile supporter of former President Donald Trump, a subject of multiple FBI investigations, the deal is said to have excluded any information about Thiel’s domestic political contacts. Insider says it focused instead on “foreign contacts and Silicon Valley intrigue,” potentially including foreign influence operations in the tech industry. He was apparently outed as revenge for not investing in a right-wing blogger’s startups.

Neither Thiel nor the FBI commented to Insider about the report. And one of Insider’s sources is Charles Johnson, a far-right political figure and blogger that Insider acknowledges has spread a mix of accurate and false information in the past. But Johnson’s relationship with Thiel has been previously reported, including in Kashmir Hill’s recent book on facial recognition startup Clearview AI, a company Johnson claims in a lawsuit to have co-founded. (In that March suit, Johnson identifies himself as an FBI informant as well.) Johnson told Insider he introduced Thiel to Buma — then exposed him because Johnson “felt betrayed that Thiel did not invest in Johnson’s own startups, which he had expected Thiel to do in exchange.”

Holding longtime informant status would put Thiel at odds with parts of the Republican party, which has grown hostile to the FBI amid its investigations of Trump. (Granted, that hostility didn’t stop Trump’s Truth Social from tipping off the agency to a man who made threats on the social network.) But Thiel has stepped back from politics during the 2024 US presidential election, reportedly because he felt that Republicans were focused on domestic culture wars instead of American economic competitiveness. As Insider notes, Thiel has urged the FBI to investigate Google for Chinese government infiltration. Passing the agency tips about foreign contacts would align neatly with his concerns about foreign influence in tech — and until he can hole up full time in a bunker in New Zealand, his deep Silicon Valley connections are likely worth cultivating by the FBI.

https://www.theverge.com/2023/10/19/239 ... nce-report
So who is it that doesn't like Thiel that started this?
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Re: Business/Markets/Stocks/Economics Random, Random

#523

Post by Owendonovan »

Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
By David Yaffe-Bellany, Matthew Goldstein and J. Edward Moreno
Reporting from the Daniel Patrick Moynihan U.S. Courthouse in Manhattan

Nov. 2, 2023
Updated 9:08 p.m. ET
Sam Bankman-Fried, the tousle-haired mogul who founded the FTX cryptocurrency exchange, was convicted on Thursday of seven charges of fraud and conspiracy after a monthlong trial that laid bare the rampant hubris and risk-taking across the crypto industry.

Mr. Bankman-Fried became a symbol of crypto’s excesses last year when FTX collapsed and he was charged with stealing as much as $10 billion from customers to finance political contributions, venture capital investments and other extravagant spending. A jury of nine women and three men took just over four hours of deliberation on Thursday to reach a verdict, convicting Mr. Bankman-Fried of wire fraud, conspiracy and money laundering.

Together the counts carry a maximum sentence of 110 years. Mr. Bankman-Fried, 31, is expected to appeal. He’s scheduled to be sentenced on March 28.

Before the verdict was announced, Mr. Bankman-Fried, wearing a gray suit and purple tie, stood to face the jury, with his hands clasped in front of him. He showed little visible emotion as a juror repeated the word “guilty” seven times. He then took his seat, with his head angled down.
Mr. Bankman-Fried’s mother, Barbara Fried, put her head in her hands and stifled a sob. Then she and Mr. Bankman-Fried’s father, Joe Bankman, stood arm in arm, separated from their son by a short wooden barrier. As Mr. Bankman-Fried left the room, accompanied by a U.S. marshal, he nodded at his parents, before quickly turning his face away.

The verdict capped one of the fastest and most spectacular falls from grace in modern corporate history. Just a year ago, Mr. Bankman-Fried was worth more than $20 billion and hailed as a rare good guy in the freewheeling crypto industry, his face plastered on billboards and magazine covers. FTX, valued at $32 billion at its peak, was one of the world’s biggest marketplaces for people to buy and sell digital coins like Bitcoin and Ether.

Crypto enthusiasts, many of whom openly rooted for Mr. Bankman-Fried to be found guilty, had said they hoped his conviction would provide a moment of catharsis that would allow the industry to move on from a scandal-plagued year. But critics cast the verdict as a sign that the industry may face more legal consequences as it struggles to regain public trust.

“Perpetrators of scams will have to face the law and suffer the consequences of their crimes, even in crypto,” said Cory Klippsten, the founder of the Swan Bitcoin financial services firm and a frequent critic of the industry. “The ‘Wild West’ days are over.”

The swift verdict reflected the overwhelming evidence that prosecutors marshaled against Mr. Bankman-Fried, including millions of pages of internal messages, spreadsheets and memos.
“These guilty verdicts must have been easy decisions for the jurors based on how quickly they returned them,” said John Fishwick, a former U.S. attorney for the Western District of Virginia.

Mr. Bankman-Fried was always expected to face an uphill battle in court. After FTX imploded, three of his top deputies pleaded guilty to fraud and agreed to cooperate with prosecutors in return for leniency. During the trial, they testified that Mr. Bankman-Fried had repeatedly directed them to lie to the public and route billions of dollars in customer money from FTX to its sister trading firm, Alameda Research.

Mr. Bankman-Fried’s lawyers argued that he had operated his businesses in good faith and never intended to break the law. But they struggled to poke significant holes in the cooperators’ stories, interrupted by wave after wave of government objections. When Mr. Bankman-Fried took the stand to defend himself, he often seemed flustered, claiming numerous times that he couldn’t remember potentially incriminating conversations.

Mark Cohen, Mr. Bankman-Fried’s lawyer, said in a statement that the defense team respected the jury’s verdict. But he added that Mr. Bankman-Fried “maintains his innocence and will continue to vigorously fight the charges against him.”

In a news conference outside the courthouse, Damian Williams, the top federal prosecutor in Manhattan, said Mr. Bankman-Fried had “perpetrated one of the biggest financial frauds in American history.”
etc.etc
https://www.nytimes.com/2023/11/02/tech ... l-ftx.html
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Re: Business/Markets/Stocks/Economics Random, Random

#524

Post by ponchi101 »

In complete contrast to the other crypto peddlers, who are NOT engaged in trading a fraudulent "commodity".
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Re: Business/Markets/Stocks/Economics Random, Random

#525

Post by Owendonovan »

X Races to Contain Damage After Elon Musk Endorses Antisemitic Post
IBM, a major advertiser on X, has pulled its spending from the social media platform, whose employees are grappling with what to tell its other advertisers, according to internal messages.
Ryan Mac
By Ryan Mac
Reporting from Los Angeles

Nov. 16, 2023
Less than 24 hours after Elon Musk endorsed an antisemitic post on X as “the actual truth” of what Jewish people were doing, IBM paused its advertising on the social media platform as X’s chief executive, Linda Yaccarino, and others at the company scrambled on Thursday to contain the fallout.

X employees said on Thursday that they had gotten calls from advertisers wondering why Mr. Musk was making comments seen as antisemitic and why their ads were showing up next to white nationalist and Nazi content, according to internal messages that were viewed by The New York Times. IBM cut off about $1 million in advertising spending that it had committed to the platform for the last three months of the year, the messages said.

In a note to employees on Thursday morning, Ms. Yaccarino said that “X is a platform for everyone” and that “discrimination by everyone should STOP across the board.” She said the company had been clear about its work to fight antisemitism and discrimination, and later shared a similar message on X.

In a statement, IBM said it “has zero tolerance for hate speech and discrimination, and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation.”

X did not respond to a request for comment. The Financial Times earlier reported on IBM’s pause in advertising on X.

Mr. Musk, who bought Twitter last year and renamed it X, has faced increasing criticism that he has tolerated and even encouraged antisemitic abuse on his social media platform. He has attacked George Soros, the financier who is a frequent target of antisemitic abuse, and threatened to sue the Anti-Defamation League, a rights group that has highlighted the rise in antisemitism on X.

On Wednesday, Mr. Musk went further when he agreed with a post from an X account accusing Jewish communities of pushing “hatred against whites that they claim to want people to stop using against them.” Jewish people are now “coming to the disturbing realization that those hordes of minorities that support flooding their country don’t exactly like them too much,” the account added.

“You have said the actual truth,” Mr. Musk replied to the post.

Jewish groups have compared the statement that Mr. Musk endorsed to the “Great Replacement Theory,” the far-right idea that minorities are replacing white European populations.

“It is the deadliest antisemitic conspiracy theory in modern U.S. history,” the American Jewish Committee, a U.S.-based Israel advocacy group, wrote on X on Thursday. “To amplify it on @X is incredibly dangerous.”

Social media platforms in general have faced rising scrutiny since Hamas attacked Israel last month and Israel retaliated. Antisemitic and Islamophobic hate speech has surged across the sites and has been especially prominent on X, according to the Anti-Defamation League and researchers. On Wednesday night, more than a dozen Jewish creators and celebrities also confronted TikTok executives in a private meeting, urging them to do more to address a rise in antisemitism and harassment on the video service.
In September, Mr. Musk met with Benjamin Netanyahu, the Israeli prime minister, at a Tesla factory in the San Francisco Bay Area after facing accusations of antisemitism.
“It’s not an easy thing to be maligned — I know you’ve never seen that, right?” Mr. Netanyahu asked Mr. Musk at one point.
“Me, maligned?” Mr. Musk said, laughing. “Never.”

At X, Ms. Yaccarino has previously intervened in situations involving antisemitic content on the platform. This month, a sales employee flagged apparent antisemitic posts that the site had not removed, leading Ms. Yaccarino to ask that the posts be reviewed, two people with knowledge of the situation said. The employee who flagged the posts is no longer with the company, the people said. The Information earlier reported Ms. Yaccarino’s actions on those posts.

On Thursday morning, X sales employees asked about Mr. Musk’s posts and what they could relay to their clients, according to messages seen by The Times. They also cited an article from Media Matters for America, a left-wing advocacy group, which showed that ads from major brands were appearing on X next to posts promoting white nationalist and Nazi perspectives.
“A lot of large advertisers have been called out in this article,” one employee wrote.
Another employee wrote that she was concerned because she worked with Apple, a major advertiser that was mentioned in the Media Matters piece, and asked if some of the posts “were manipulated.” An employee responded that the company’s trust and safety team, which has experienced layoffs and resignations, was “actively looking into this.”

I thought Elmo had established his anti-semitism a long time ago. Seems foolish to advertise on that failing platform.

https://www.nytimes.com/2023/11/16/tech ... t-ibm.html
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