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Twitter Turning Into X Is Set to Kill Billions in Brand Value (www.bnnbloomberg.ca)

submitted 3 years ago by Navarian@lemm.ee to c/technology@beehaw.org

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An estimated $4 to $20 billion in value, what is he thinking?

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[–] evanuggetpi@lemmy.nz 6 points 3 years ago (2 children)

The second largest investors in Elon's Twitter are the Saudis. They might not take kindly to such antics.

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[–] beefcat@beehaw.org 37 points 3 years ago (1 child)

The Saudi Arabians have hated Twitter for over a decade now thanks to the role it played in the Arab Spring movement. I wouldn't be surprised if they helped Elon buy it just to kill it.

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[–] evanuggetpi@lemmy.nz 17 points 3 years ago

Yes, that does make a lot of sense. A few billion to take down Twitter is a great investment for them.

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