Musk actually buys Twitter.

[mrttao]

Its not a Panzi scheme, its gambling,

I can see the argument, but in a ponzi scheme old investors are paid by new investors. which is how vast majority of stocks works.
So I guess it is a hybrid between the two...

And technically there do exist some rare stocks that are a true investment. But you gotta read the fine print.

 

[shangrila]

Stock market is literally a ponzi scheme.

Tesla stock (like vast majority of stock) is NON VOTING. this means you are not buying part ownership of the company. You are only buying part of the income... on paper...
But... it has no guaranteed buyback value, and has never ever paid a single cent in dividends. (again, like most companies)

They are litreally pieces of paper that say "tesla stock" but they are not actually part ownership of Tesla Corp.
Vast majority of stock is like that. google, MS, etc.
It used to be that stocks were actual % shares of a company. Not anymore.

The stock market "values" those worthless pieces of paper at hundreds of times more money then exist in the entire world.
But all it is, is a ponzi scheme where new investors pay off old investors. and eventually everyone is gonna lose everything.

You're talking easily falsifiable bullshit mixed with truth. Most importantly for this thread, Tesla has only a small amount of nonvoting stock, in the form of the standard Preferred vs Common split where the former lacks voting rights but has priority in dividends (if any) and bankruptcy and are mainly held by banks.

Large scale use of nonvoting non-preferred share classes are increasingly common, especially in tech companies (Google and Meta being notable examples) but are nowhere near majority. Musk does make use of such in the (privately held) SpaceX.

The phenomenon is driven, like a lot of corporate dysfunction, by U.S. tax code which taxes dividends (as income) higher than share sales (as capital gains). No one, especially shareholders, wants dividends to come back until the differential taxation ends. As I said before, corporate taxation in general, separate from taxation of shareholders, just drives fraud and tax evasion, profiting only criminals, bureaucrats, accountants, and lawyers.

 

[S'task]

Vast majority of stock is like that. google, MS, etc.

Actually, in their defense, Microsoft stock that most people can buy is a dividend paying stock, or it was about ten years ago when I bought some. I don't have much, but every quarter like clockwork I've been getting dividends from that MS stock... my biggest regret was is not buying more of it back then as it's appreciated rather dramatically.

 

[mrttao]

Actually, in their defense, Microsoft stock that most people can buy is a dividend paying stock, or it was about ten years ago when I bought some. I don't have much, but every quarter like clockwork I've been getting dividends from that MS stock... my biggest regret was is not buying more of it back then as it's appreciated rather dramatically.

My bad there. I mixed up company names. MS is one of the companies that actually pays dividends so their stocks are real investment and not a scam.

Google indeed pays 0 though

microsoft dividend history

Microsoft Investor Relations - Dividends and Stock History

www.microsoft.com

google dividend history

https://www.macrotrends.net/stocks/charts/GOOG/alphabet/dividend-yield-history

 

[S'task]

My bad there. I mixed up company names. MS is one of the companies that actually pays dividends so their stocks are real investment and not a scam.

Google indeed pays 0 though

microsoft dividend history

Microsoft Investor Relations - Dividends and Stock History

www.microsoft.com

google dividend history

https://www.macrotrends.net/stocks/charts/GOOG/alphabet/dividend-yield-history

Somehow it doesn't surprise me that once again Microsoft is more ethical than Google. -.-

No, seriously, if you look over their history, MS has done a lot less shady shit than Google. But then again, that's because MS is a fundamentally different creature than Google. MS is a software company that wants people and other businesses to purchase and use their software. Their general relationship to the end user is a traditional company/customer relationship. Yes those companies can be greedy, yes they can do immoral and unethical things, but at the end of the day, MS has a degree of investment in ensuring their end users get what they pay them for. Meanwhile Google is an Ad company that happens to make software, with the end user being their actual product that they then sell to other companies. Which is why all their software is free, its bait to get people to give them valuable information that can then be sold for profit to other corporations. When you actually consider it, this is a fundamentally dishonest business model that is built on a bait and switch premise...

So it comes to me as no surprise that MS, a traditional software company with a traditional relationship to their customers would have traditional stock that pays dividends, while Google, the bait and switch ad company run non-dividend stock that doesn't pay out and thus becomes a form a gambling...

 

[Zachowon]

Both ExxonMobil and Walmart stock are dividend as well

 

[TheRejectionist]

Somehow it doesn't surprise me that once again Microsoft is more ethical than Google. -.-

No, seriously, if you look over their history, MS has done a lot less shady shit than Google. But then again, that's because MS is a fundamentally different creature than Google. MS is a software company that wants people and other businesses to purchase and use their software. Their general relationship to the end user is a traditional company/customer relationship. Yes those companies can be greedy, yes they can do immoral and unethical things, but at the end of the day, MS has a degree of investment in ensuring their end users get what they pay them for. Meanwhile Google is an Ad company that happens to make software, with the end user being their actual product that they then sell to other companies. Which is why all their software is free, its bait to get people to give them valuable information that can then be sold for profit to other corporations. When you actually consider it, this is a fundamentally dishonest business model that is built on a bait and switch premise...

So it comes to me as no surprise that MS, a traditional software company with a traditional relationship to their customers would have traditional stock that pays dividends, while Google, the bait and switch ad company run non-dividend stock that doesn't pay out and thus becomes a form a gambling...

I am writing this on my gaming and work laptop, so maybe I am an hypocrite, but if it was for me I wouldn't trust either.

 

[Husky_Khan]

Mr Beast is splitting a video between YouTube and Twitter to see how much revenue he gets on the latter after chatting up Elon Musk about doing videos on a different platform.



Apparently as a secondary story, PragerU was a sponsor of the video on X which caused many leftists to Ree for reasons.

 

[Jormungandr]

YouTube has seen a lot of creators, and big names too, ditch the platform in the last week.

What did they fuck up on now?

 

[Lord Greyscale]

What did they fuck up now?

More adpocalypse doucebaggery:

Attempting to ban adblockers
(which only lead to even more people using adblockers)

Attempting, repeatedly, to throttle the actual bit-rate of a video, so long as an adblocker is installed. (not active, merely installed)

More unskippable pre-video ads.
More unskippable minute-long (or longer) ads, especially in the middle of a video.
(Remember the fuckery of a 30-minute ad in the middle of an 8-minute vid? Yeah, they're aiming for that, but unskippable.)

Edit:
More ads in general

Changing youtube premium, (adding ads) so that it really isn't premium anymore.

Making an "even more premium" (and pricier) version of youtube premium to re-remove the ads they added to youtube premium.

The video throttling from earlier? Yeah, applies to *all* versions pf premium. (So no point paying for premium, *ever*)

And, as usual, more *insert bullshit reason here* bans of smaller creators that do *the exact same thing* that a bigger (or more lawyer happy) channel got away with.
(Usually informational videos, if a big-name or corpo did it, expect full channel deletion, despite clearly *not* violating youtube's "guidlines", should you do it)

 

[Lord Sovereign]

God I hate how the advertisement system works on YouTube.

 

[Jormungandr]

More adpocalypse doucebaggery:

Attempting to ban adblockers
(which only lead to even more people using adblockers)

Attempting, repeatedly, to throttle the actual bit-rate of a video, so long as an adblocker is installed. (not active, merely installed)

More unskippable pre-video ads.
More unskippable minute-long (or longer) ads, especially in the middle of a video.
(Remember the fuckery of a 30-minute ad in the middle of an 8-minute vid? Yeah, they're aiming for that, but unskippable.)

Edit:
More ads in general

Changing youtube premium, (adding ads) so that it really isn't premium anymore.

Making an "even more premium" (and pricier) version of youtube premium to re-remove the ads they added to youtube premium.

The video throttling from earlier? Yeah, applies to *all* versions pf premium. (So no point paying for premium, *ever*)

And, as usual, more *insert bullshit reason here* bans of smaller creators that do *the exact same thing* that a bigger (or more lawyer happy) channel got away with.
(Usually informational videos, if a big-name or corpo did it, expect full channel deletion, despite clearly *not* violating youtube's "guidlines", should you do it)

...Yeah, they were drinking bleach when they thought this up. smh

 

[Iconoclast]

More adpocalypse doucebaggery:

Attempting to ban adblockers
(which only lead to even more people using adblockers)

Attempting, repeatedly, to throttle the actual bit-rate of a video, so long as an adblocker is installed. (not active, merely installed)

More unskippable pre-video ads.
More unskippable minute-long (or longer) ads, especially in the middle of a video.
(Remember the fuckery of a 30-minute ad in the middle of an 8-minute vid? Yeah, they're aiming for that, but unskippable.)

Edit:
More ads in general

Changing youtube premium, (adding ads) so that it really isn't premium anymore.

Making an "even more premium" (and pricier) version of youtube premium to re-remove the ads they added to youtube premium.

The video throttling from earlier? Yeah, applies to *all* versions pf premium. (So no point paying for premium, *ever*)

And, as usual, more *insert bullshit reason here* bans of smaller creators that do *the exact same thing* that a bigger (or more lawyer happy) channel got away with.
(Usually informational videos, if a big-name or corpo did it, expect full channel deletion, despite clearly *not* violating youtube's "guidlines", should you do it)

Enshittification is real.

 

[mrttao]

YouTube has seen a lot of creators, and big names too, ditch the platform in the last week.

What did they fuck up on now?

Most recent thing I know of is that youtube is now putting ads on all videos.
Previously marking a video as non monetized meant "no ads"
Now it means "ads that you don't get paid for"

Additionally they will insert them where their algorithm thinks they should go. So creators need to go through their entire backlog and place the specific ad break spots manually.
Even if they already did they need to redo them with more ad spots. Which is a lot of work for a big backlog library

I vaguely recall that maybe getting demonetized by youtube means the same as setting it to non monetized yourself. they run ads, you just don't get paid. giving them a perverse incentive to be even more assholish on the review process.

Plus another round of purges of pro trump voices in preparation for 2024 election

 

[Scottty]

...Yeah, they were drinking bleach when they thought this up. smh

So... where are we all going for media in place of Youtube? What's the newer and better one?

 

[Typhonis]

Strange, I have an adblocker that seems to work on Youtube. Then again does Youtube want to mess with Microsoft?

 

[S'task]

YouTube has seen a lot of creators, and big names too, ditch the platform in the last week.

What did they fuck up on now?

Granted some of this is driven by what's listed.

Others are likely driven by normal "I've been doing this long enough and want to move on to other projects", IE MattPat I think falls more into this category given how long he's been around and successful he's been.

 

[Husky_Khan]

So... where are we all going for media in place of Youtube? What's the newer and better one?

Rumble is slowly growing its non-political content.

Web Content - Rumble Content Creators (Non-Political)

So with Rumble Plug Ins working far better here and with YouTube being more censorious by the day, there's been a steady trickle (usually in waves though) of Youtube Content Creators migrating content to Rumble despite its many growing pains and flaws. I'll probably see about posting videos from...

www.the-sietch.com

 

[Agent23]

Somehow it doesn't surprise me that once again Microsoft is more ethical than Google. -.-

No, seriously, if you look over their history, MS has done a lot less shady shit than Google. But then again, that's because MS is a fundamentally different creature than Google. MS is a software company that wants people and other businesses to purchase and use their software. Their general relationship to the end user is a traditional company/customer relationship. Yes those companies can be greedy, yes they can do immoral and unethical things, but at the end of the day, MS has a degree of investment in ensuring their end users get what they pay them for. Meanwhile Google is an Ad company that happens to make software, with the end user being their actual product that they then sell to other companies. Which is why all their software is free, its bait to get people to give them valuable information that can then be sold for profit to other corporations. When you actually consider it, this is a fundamentally dishonest business model that is built on a bait and switch premise...

So it comes to me as no surprise that MS, a traditional software company with a traditional relationship to their customers would have traditional stock that pays dividends, while Google, the bait and switch ad company run non-dividend stock that doesn't pay out and thus becomes a form a gambling...

I would rather not thread derail.
But MS had been built on nepotism, Gates lilucking out because Apple needed a BASIC compiler.
The Unix wars making it harder for a Unix variant to go to PC.

And possibly Gates having the original MS-DOS creator assassinated.

They have done a lot to pressure hardware vendors, push out competition in all sorts of ways, and build a highly interdependent ecosystem that makes it hard to get into.

And then there is the stability of their OS, which is shit.

And they are trying to turn themselves into a cloud a d SaaS company, which is scummy as hell.

Rant over, feel free to throw into a sperate thread.

 

[Scottty]

I would rather not thread derail.
But MS had been built on nepotism, Gates lilucking out because Apple needed a BASIC compiler.
The Unix wars making it harder for a Unix variant to go to PC.

And possibly Gates having the original MS-DOS creator assassinated.

They have done a lot to pressure hardware vendors, push out competition in all sorts of ways, and build a highly interdependent ecosystem that makes it hard to get into.

And then there is the stability of their OS, which is shit.

And they are trying to turn themselves into a cloud a d SaaS company, which is scummy as hell.

Rant over, feel free to throw into a sperate thread.

The idea isn't that Micro$oft hasn't done crooked stuff - we all know they have.
The point is that there are other companies that are worse. Much worse.