this post was submitted on 06 Oct 2023
692 points (93.5% liked)
Technology
59111 readers
3609 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Even if X wasn't trying to make a profit. They still have cost to cover.
I don't use it. Never have. Never saw any value in it.
I still have yet to understand Elon's strategy with it but it's his billions to waste.
It's actually not his billions. He borrowed billions to finance the purchase. There are talks of the banks stepping in to protect their investment.
Twitter by J.P Morgan