News for hackers. Stuff that matters.
Re:Twitter's pivot to x.com is a gift to phishers by lenerdenator on Wednesday April 10, 2024 @11:51AM (#39992089)
Who cares about the handbook way?

Idk. Probably the people who remain at Twitter, and to a certain extent, the investing institutions that were courted to help fund the acquisition.

Of course, they probably hedged, so they don't care as much, but still.

This is a case study in how concentration of capital in the hands of one person can go terribly wrong for the purposes of resource allocation.

Re:Twitter's pivot to x.com is a gift to phishers by djbusby on Wednesday April 10, 2024 @12:22PM (#39992501)
Isn't Twitter valuation down like 60% from that purchase price? That's a tough hedge.