Twitter cost Elon Musk $44 billion, but the FBI bought it for just $3.4 million.
Before Monday’s bombshell edition of the Twitter Files, internal communications suggested that the FBI manipulated Twitter’s content cops through former G-men embedded inside the company, appeals to a warped sense of patriotism, and letting woke staffers feel like characters on “Quantico.” The latest drop, released by author Michael Shellenberger, revealed that the FBI sweetened the deal with cold cash.
Twitter, which by all accounts was poorly run by the pre-Musk regime, lost a combined nearly $1.4 billion in 2020 and 2021. A bloated payroll, dubious business model, and a pampered workforce more interested in latte-fueled hot yoga than the bottom line were just some of the obvious reasons. Read more…