• MajorasTerribleFate@lemmy.zip
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      3 days ago

      It seems like a no-lose for aspiring oligarchs, buying a social media platform with a large enough left and/or youth user base:

      1. muck with the algorithm until what remains is a new right-wing echo chamber; or
      2. accidentally sink the whole platform, but at least you wrecked a popular place for left-wing messaging; or
      3. somehow not meaningfully change the status quo, and end up with loads of user data and ad revenue.
    • runiq@feddit.orgOP
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      2 days ago

      Larry Ellison will lose billions on this.

      So what? He can generate more. Money has gravity. So does influence.