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Endorsed by MNN Elon Musk completes Twitter takeover and fires top executives :marseyhappening:

:marseysnoo:

https://old.reddit.com/r/news/comments/yf8bv7/elon_musk_now_in_charge_of_twitter_ceo_and_cfo/?sort=controversial

https://old.reddit.com/r/worldnews/comments/yf8jpq/elon_musk_now_in_charge_of_twitter_ceo_and_cfo/?sort=controversial

https://old.reddit.com/r/neoliberal/comments/yf8r2o/elon_musk_now_in_charge_of_twitter_ceo_and_cfo/?sort=controversial

https://old.reddit.com/r/AskALiberal/comments/yf9ijx/it_appears_elon_musk_has_officially_purchased/?sort=controversial

More in search https://www.reddit.com/search/?q=Elon+twitter&include_over_18=on&t=day&sort=comments

:marseybluecheck:

https://twitter.com/search?q=elon takeover&src=typed_query&f=top

Sean Spicey https://twitter.com/seanspicer/status/1585809826818322432 :marseyxd:

https://i.rdrama.net/images/1684134994977421.webp

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Generated from TLDR This:

Canadian nurse facing disciplinary hearings for supporting JK Rowling, believing there are only 2 sexes A Canadian nurse is facing a disciplinary hearing from a national medical board that could result in her losing her job after she publicly supported author J.K. Rowling's views about the harm gender identity ideology inflicts on women and children.

The first hearing was in June, with the second set of three-day hearings held last Wednesday through Friday.

As Hamm noted in her piece published in Quillette back in April, the J.K. Rowling billboard prompted two BCCNM members to complain to the organization and accuse her of being “transphobic” and incapable of “provid[ing] safe, non-judgemental care to transgender and gender diverse patients.”

Speaking the truth should not be a punishable offense.”

Critics of the bill noted that it enables authorities to fine or imprison people whose beliefs run contrary to the law.

At the time, Peterson was a professor at the University of Toronto.

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207
:marseyhappening: Liz Truss resigns as prime minister after 44 days :marseyhappening:

https://old.reddit.com/r/ukpolitics/comments/y8x0fx/liz_truss_to_resign_as_prime_minister_sky_news/?sort=controversial

https://old.reddit.com/r/unitedkingdom/comments/y8x05f/prime_minister_resignation_megathread/?sort=controversial

https://old.reddit.com/r/worldnews/comments/y8x0oc/uk_liz_truss_to_resign_as_prime_minister_sky_news/?sort=controversial

https://old.reddit.com/r/europe/comments/y8x2sc/liz_truss_resigns_as_uk_prime_minister/?sort=controversial

https://old.reddit.com/r/tories/comments/y8x2b1/elizabeth_truss_pm_resignation_mega_thread/?sort=controversial

https://old.reddit.com/r/neoliberal/comments/y8x3sj/liz_truss_resigns_after_brief_disastrous_spell_as/?sort=controversial

https://old.reddit.com/r/stupidpol/comments/y8x4px/liz_truss_resigns_as_uk_prime_minister_after_45/?sort=controversial

https://old.reddit.com/r/GreenAndPleasant/comments/y8x3yt/she_has_quit/?sort=controversial

More in search https://www.reddit.com/search/?q=truss&sort=relevance&restrict_sr=on&t=hour&feature=legacy_search

Twatter https://twitter.com/search?q=truss+resigns

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Reported by:
  • Lappland : Buy me an unban award?
  • Wuzizname : Someone buy the poor kid an unban award for christ's sake!
200
Forbes : Reddit's IPO Filing Shows Lots Of Losses After Nearly 20 Years

Haven't seen this mentioned here yet, but for any of you r-slurs actually r-slurred enough to be considering investing in the shitshow that is called Reddit considered yourself forewarned. Also, this is a great example of how much of a loser Spez and the exec leadership of Reddit are considering Reddit clone sites like The Chive, even Digg and (hopefully) rDrama and WPD can operate at a net profit with far less employees than what Reddit does. A great example is The Chive which was profitable after 2-3 years (estimated $20 million in revenues and approx 6 employees).

In contrast, after 20 years, Reddit is not only not profitable but they continue to post yearly loses in the tens to hundreds of millions of dollars a year. In fact, the article points out, that these loses translate to "....$232,432.87 a day, or nearly $9,685 an hour [in loses]."

So, Reddit finally filed for an IPO. After nearly 20 years, starting on its own, being acquired by Condé Nast Publications in 2006, spun out in 2011.

Having a long gestation as a private company getting investment dollars isn't unusual today. For a number of years now, the trend has been to see increasingly long years of waiting to seek an exit so investors can allow the company to develop. To strengthen. To build a capability of making money.

Which makes Reddit's filing — its S-1 using technical terms — so interesting is that it's taken so long to still be losing money by the truckful. That's $232,432.87 a day, or nearly $9,685 an hour.

Maybe this has something to do why Condé Nast's parent, Advance Publications, waved goodbye to Reddit so many years ago.

The company calls itself an “emerging growth company” by the definition of the JOBS Act, and will continue to be until any one of the three following conditions happens: their revenue at least equals $1.235 billion; they reach the last day of the fiscal year following the fifth anniversary of the IPO offering; they reach the date on which during a previous three-year period in which they issue more than $1 billion in non-convertible debt; or, under the Exchange Act, they're deemed a “large accelerated filer.”

There are 54 pages of risk factors, which, after reading many S-1 filings over the years, seems pretty long. One of the most notable is the sentence, “We have incurred substantial losses during our history and may never achieve profitability.”

There are companies that have said that in the past, but they were much younger. AmazonAMZN +1% has a reputation of being unprofitable for a very long time, but in the last quarter of 2001, it had its first profitable quarter. That was about seven years after the company started running out of the garage of Jeff Bezos.

After two decades, Reddit still warns that it's not making money. Losses can eventually be useful for companies when they can carry them forward and finally offset profits, but the profits do have to come. At the end of 2023, the company has $216.7 million in federal and $177.1 million of state net operating losses (NOLs) to carry. The state ones are gone in 2026 if there aren't profits to apply them to. Federal NOLs through 2017 can only be carried for 20 years to fully offset taxable income. After 2017, due to the Tax Cuts and Jobs Act, they can be carried indefinitely to offset only 80% of taxable income annually. So, the losses at this point are theoretically helpful, but practically? Who knows?

In 2023, the company's revenue was $804.0 million. Research and development, at $438.3 million, was more than half, an awfully big number for a company of this age. Total costs and expenses were $944.2 million. The net loss was $90.8 million, which at least is an improvement over 2022, with its $666.7 million in revenue and $158.6 million in losses.

Reddit favors non-standard accounting metrics like adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization). The adjusted part include “stock-based compensation expense and related taxes, other (income) expense, net, and certain other non-recurring or non-cash items impacting net income (loss) that we do not consider indicative of our ongoing business performance.” Which makes it tough to know exactly what's being included or excluded.

The adjusted EBITDA in 2023 was still -$69.3 million.

And they like free cash flow as a “liquidity measure.” Free cash flow in 2023 was -$84.8 million. In 2022, it was -$100.3 million.

On top of that, Reddit is going the dual stock class approach, where Class A is the ordinary stock with one vote per share, Class B getting 10 votes per share, and Class C, no votes. This is the type of structure designed to let a small group continue to control the company no matter what. The public argument is that they will keep doing the right thing for the company. In practice, that has meant lots of losses.

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https://www.npr.org/2022/11/17/1137197668/republicans-have-won-the-house-now-theyre-promising-to-investigate-the-bidens

https://www.foxnews.com/politics/house-republicans-allege-biden-directly-involved-business-dealings-son-hunter

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  • BimothyX2 : Unfunny, uninteresting and unrelated to drama
180
The Black King who Stabbed that Soyboy in NYC has been arrested

18-year-old suspect charged with murder in deadly random stabbing of beloved NYC activist: sources

https://i.rdrama.net/images/1696535033759271.webp

The 18-year-old man suspected in the grisly random stabbing death of a beloved Brooklyn social justice activist was arrested and charged Thursday as authorities recovered a knife and the sweatshirt the perp is believed to have worn during the early-morning slaying, cops said.

The person of interest, identified as Brian Dowling, was pictured with tears running down his face as officers escorted him from the 81st Precinct Thursday afternoon.

The teen – who had handcuffs around his wrists and ankles – was still wearing the same white t-shirt and stripped shorts he had a few hours earlier, when the was arrested while cops executed a search warrant at a home on Lafayette Avenue near Malcolm X Boulevard — just down the block from where Ryan Carson, 32, was knifed to death early Monday as his girlfriend watched.

Dowling is charged with second-degree murder and criminal weapons possession, police confirmed.

Dowling did not make any statements to cops after his arrest, and has already enlisted a lawyer, sources said.

Cops were searching for clothing allegedly worn by the suspect during the caught-on-camera attack — and found both Dowling and his dark Champion sweatshirt, seen in the video of the attack, inside the apartment, the sources said.

Cops also found a knife in the home, and will be working to determine if it was the murder weapon, sources said.

The teen was escorted from the apartment into a squad car by a huddle of officers a video from CBS News showed.

More than a dozen officers descended on the property during the arrest and search, the outlet said.

“Assailant has been caught,” Carson's father, Ken Carson, wrote on Facebook at 11:30 Thursday morning.

“More details will follow,” he added in a follow-up comment.

“I'm on the road…escorting Ryan Home to Massachusetts right now. I wasn't leaving NYC without him.”

Friday, Oct. 6 would have been Carson's 32nd birthday, records indicated.


Brian Dowling charged with murder in deadly stabbing of NYC activist Ryan Carson, sources say r/nyc

The CBS article actually censored the stabbers face

Suspect Charged in Fatal Stabbing of Advocate in Brooklyn - NY Times r/brooklyn

THEY WANT HIM LOCKED UP

You'll be happy to know that he has been charged with depraved indifference murder aka murder in the 2nd degree, which is a Class A-I felony. A conviction carries an automatic life sentence.

I am happy to know that. Thank you.

Where are all the jail abolitionists now? stabbed that's where

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180
It begins (snally was right!). FtM suing her docs for chopping off her tits when she was underage

Can't find anything other than FoxNews reporting on this lol womp womp

Here is her twitter. https://twitter.com/ChoooCole?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

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179
Trump warns ‘cognitively impaired' Biden will lead US into ‘World War II'

DDR is earning his nickname lmao.

Somebody make a DDR marsey, basically :marseybiden: but with :mars!eytrump:

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:#marseygigatitty:

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Reported by:

:marseysnoo:

https://old.reddit.com/r/news/comments/xohqbe/russia_man_shoots_officer_drafting_residents_for/?sort=controversial

https://old.reddit.com/r/UkrainianConflict/comments/xocw1f/russia_man_shoots_commander_drafting_residents/?sort=controversial

:marseybluecheck:

https://nitter.net/ASLuhn/status/1574372574251065356

Generated from TLDR This:

A Russian draft officer has been shot by a man angry at his friend’s conscription and another man has set himself on fire in a protest as opposition to Vladimir Putin’s announcement of a partial mobilisation for the war in Ukraine grows.

We must fight not against each other, but against real threats.”

It also published a video of the man covered in a medical blanket being led away by police officers.

Protests are planned for Monday afternoon in major cities in Dagestan, an minority ethnic region in Russia’s northern Caucasus from where a disproportionate number of young men have been sent to fight and die in Ukraine.

There are cases when the [mobilisation] decree was violated … governors are actively working to rectify the situation,” the Kremlin spokesperson Dmitry Peskov told reporters. “

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![](/images/16663435429079785.webp)

His main demand was to get VW to introduce a lower speed limit in Germany somehow :marseyxd:

Just look at this horribly swollen hand, it's incredible he lasted as long as he did

![](/images/166634354331233.webp)

Thread from yesterday about wanting VW to give them potties

https://rdrama.net/post/114652/smartest-protestors-marseyxd

He also keeps calling then 'Wolkswagen' for some reason I can't understand, the V is right there in the name and the badge, he even @s VW, it's hard to miss

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132
:marseycenter: FBI Outs Themselves as Centrists :marseygrilling:

:marseymouse:

https://lemmy.world/post/8746608

:marseysnoo:

https://old.reddit.com/r/socialism/comments/182sl7v/fbi_labels_antifascists_and_antiracists_as?sort=controversial

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132
Ye names the juice, comes out as a hotep, permabanned from Twitter
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Generated by TLDR This:

The white woman who called the police on a Black bird-watcher for nothing other than being Black, filed a lawsuit against her former employer.

Christian told NBC he asked her to put her dog back on her leash, in accordance with Central Park’s policy.

Advertisement Is it really defamation if you’re actually racist?

If that’s the case, imagine how many other Karens need therapy for endangering the lives of innocent Black folks. *

eye roll* The CAREN Act needs to be national.

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Daily Mail writeup thats a little more dramatic

Title Article Archive Link

Title Article Link

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In order to show those evil chuds how backwards they are, Governor Pritzker signed legislation introducing an Immigrant Bill of Rights in Illinois, a move that was praised by Chicago legislators.

https://www.illinois.gov/news/press-release.23653.html

"Wait, I didn't think you'd actually send immigrants here! They're supposed to stay down there!," say those legislators as Chicago recently bans unannounced migrant drop offs.

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Half of Americans in a recent survey indicated they believe national news organizations intend to mislead, misinform or persuade the public to adopt a particular point of view through their reporting.

The survey, released Wednesday by Gallup and the Knight Foundation, goes beyond others that have shown a low level of trust in the media to the startling point where many believe there is an intent to deceive.

Asked whether they agreed with the statement that national news organizations do not intend to mislead, 50% said they disagreed. Only 25% agreed, the study found.

Similarly, 52% disagreed with a statement that disseminators of national news "care about the best interests of their readers, viewers and listeners," the study found. It said 23% of respondents believed the journ*lists were acting in the public's best interests.

"That was pretty striking for us," said Sarah Fioroni, a consultant for Gallup. The findings showed a depth of distrust and bad feeling that go beyond the foundations and processes of journ*lism, she said.

Journ*lists need to go beyond emphasizing transparency and accuracy to show the impact of their reporting on the public, the study said.

"Americans don't seem to think that the national news organizations care about the overall impact of their reporting on the society," said John Sands, Knight's senior director for media and democracy.

In one small consolation, in both cases Americans had more trust in local news.

The ability of many people to instantly learn news from a device they hold in their hand, the rapid pace of the news cycle and an increased number of news sources would indicate that more Americans are on top of the news than ever before.

Instead, an information overload appears to have had the opposite effect. The survey said 61% of American believe these factors make it harder to stay informed, while 37% said it's easier.

Like with many other studies, Knight and Gallup found Democrats trust news more than Republicans. Over the past five years, the level of distrust has particularly spiked among independents. Overall, 55% of respondents said there was a great deal of political bias in coverage, compared to 45% in 2017.

In a finding reflected in the financial struggles of some news organizations and declining ratings of television news networks, the survey found 32% of Americans said they pay a great deal of attention to local news, compared to 56% in early 2020. That was at the outset of a presidential election year and the beginning of the COVID-19 outbreak.

In a picture of how people get their news, 58% said online, 31% said television, 7% said radio and 3% mentioned printed newspapers or magazines.

For members of Gen Z, aged 18- to 25-years-old, 88% said they got their news online, the survey found.

In one olive branch, if Americans believed local news organizations didn't have the resources or opportunities to cover the news, they would be more likely to pay for it.

The results are based on a Gallup study of 5,593 Americans aged 18 and older conducted between May 31 and July 21, 2022.

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