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The Onion buys rightwing conspiracy theory site Infowars with plans to make it ‘very funny, very stupid’ (www.theguardian.com)

submitted 1 month ago by [email protected] to c/technology

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Here’s Why I Decided To Buy ‘InfoWars’ By Bryce P. Tetraeder, Global Tetrahedron CEO ☞ https://theonion.com/heres-why-i-decided-to-buy-infowars/

And let me say, I really do see it as a family. Much like family members, our brands are abstract nodes of wealth, interchangeable assets for their patriarch to absorb and discard according to the opaque whims of the market. And just like family members, our brands regard one another with mutual suspicion and malice.

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[–] captainlezbian 1 points 1 month ago

It doesn’t help him at all. As a bankruptcy auction they’re taking what they can get and forgiving the rest. If the auctions had gone over settlement price it would’ve helped him, but that wasn’t going to happen, you don’t really get bankruptcy when you have salable assets whose expected value exceeds your debts.