Media Matters president confesses that a related activist group pressured advertisers into boycotting Twitter to the tune of $600-900MM

https://x.com/GoAngelo/status/1588696160520507392
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That would be some massive level of securities fraud if true. Even though there's a deal, Twitter would have to tell the public that revenue was expecting a 900 million shortfall for 2023. I don't think the executives would be that... well idiotic.

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Can you elaborate. Me not good with geleogogy :marseyspecial:

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The company is supposed to let the shareholders know of events in a timely manner that have an adverse, material effect on the company. When they sold basically no ads for 2023 after this event instead of $900 million worth, they would have to let the shareholders know that if the deal doesn't go through they own a company whose revenue is projected to decline by 25-30% YoY.

It's what the government pinned the Qwest CEO with after he pushed back against Bush's surveillance program. They cancelled a government contract with him and then said he didn't tell the shareholders quick enough for his own personal gain.

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>They cancelled a government contract with him and then said he didn't tell the shareholders quick for his own personal gain.

Wtf that's some bullshit

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To be fair, he was selling shares and didn't tell the public about the deal saying he thought he could get the contract back (yeah right).

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That's a classic government - company interaction. There was a refining company where I grew up that sold some sort of product with an additive because the New Hampshire government asked them to, it turned out that additive was harmful and the government banned it like 10 years later. They then sued the refining company for 5 billion citing negligence among other things, the company had to settle due to litigation costs + the small change they lost meant the whole company went under.

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Have they had to release a quarterly report since the new fronts event? If not, I think there's an argument to be made that they're still being timely with informing investors of future revenue projections

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You still have to say something when large changes like that happen. But Q2 twitter earnings were released 7/22, and some comments say this event happened in May so they 100% new about it before.

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:!#marseycringe2:

that sounds like a shareholder lawsuit to me

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This could get interesting but media matters is known for pedaling BS so I have my reasons to not believe and think this guy is just trying to farm some clout

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Yeah, that's why I'm guessing it's BS. It's one of the for sure ways to go to prison as a c-suite person.

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I don't think the executives would be that... well idiotic.

Have you seen this timeline we're in? We have a Facebook CEO sinking billions and can't even make legs for his wii-u clone.

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Twitter would have to tell the public that revenue

Did you miss the part where Elon Musk bought Twitter? As in took it private?

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Did you miss the part where rocket daddy bought Twitter? As in took it private?

Twitter still had to release earnings reports and it massively impacts the stock to learn that earnings projections should have been cut by 30%

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it massively impacts the stock

Oh yeah, look at all that publicly-traded stock movement in the company that was taken private

![](/images/1667785075741027.webp)

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:#marseygigaretard: you rn

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What, exactly, do you think stock is?

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dude if you show a house to a guy and he wants to buy and it then starts to be on fire you have to tell the guy before he signs a contract even though he saw the house before.

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a) lmao dude, this is not related to those statues

and b) irrelevant when relating to a deal

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More comments

:marseyshitforbrains:

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This means that instead of heading into 2023 with 15-20% of 2023 already secured as they typically would have, Twitter heads into next year with almost none of that. All because of Musk's red pilled edgelord approach.

#DumpTrump organizer. Formerly@StopBeck

Not biased at all

@elonmusk has had months to address these concerns or even learn about them. But instead, he's insisted on antagonizing the very businesses and people that sustain Twitter. Back in May, the groups and companies weren't calling for a boycott, they were asking basic questions.

“Just asking questions just asking questions totally werent acting like terminally online mafia trying to get corpos to toe a line to not allow anything other than global corporate internet homogeny”

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Lol was Elon supposed to tell Twitter how to sell ads before the acquisition closed? I'm pretty sure the SEC would consider that a no-no :marseyfacepalm:

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lol He's so full of shit

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I feel some :marseysneed: a'comin

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Stop the deal wasn't organized until June while New Fonts was held in early May. How did a group that didn't yet exist influence add buying a month earlier?

:#marseythinkorino:

So either this guy is straight up lying or "Stop the Deal" already existed and was operating in secrecy before it was publicly announced.

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It was an online protest organized by the ADL

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:#marseywrongthonk:

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All scripture inspired by God has a similar message. Programming is a way of expressing ideas, just like any kind of writing. And where are ideas best expressed? In scripture. I try to use the writing style of the Torah as my guide for how I should program. Biblical Hebrew is a very simple language, yet the Torah expresses profound ideas in a simple and direct way using this language. This is exactly what one wants from good programming. And Luan is designed for this kind of programming.

Look at modern western culture, especially the culture of Silicon Valley. Can any religious person deny that this culture is the product of Satan? And so their software is inspired by Satan. Is this the kind of software that a Muslim or any religious person should use?

Snapshots:

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afaik twitter has always banned blue checkmarks for impersonating other accounts. why would katy think that rule has changed? or that it doesn't apply to her?

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Advertisers are not being manipulated by activists, they are being compelled by established principles around the type of companies they can do business with.

This is the dumbest take I've seen.

It's just a weaselly way of saying, "Advertisers are being "compelled" to not do business with certain types of companies."

No evidence of these "principles" being established has been presented. The reality seems to be that activists are pressuring them to adopt "principles" that attack Twitter and we are excepted to believe it's just a coincidence that this happened only after Musk made a deal to buy it.

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Steben Bonnelllerino:marseysoypoint:

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