Sunday, September 25, 2016

When Lefties Take Over.....

........ the share price inevitably plunges and the business fails.

Take a look at The Herald, Fairfax, numerous leftist start ups in Australia and now the new media.

Of late both Facebook and Twitter have copped a pasting for censoring right of center political views and promoting those of the left.   Of course, all they have succeeded in so doing is driving away the large section of their clientele who are of the centre right.

Twitter is the latest to fall.

(Paywall)

From the Wall Street Journal:

"Twitter Inc. may be contemplating a future in the hands of an acquirer after a yearslong effort to sharpen its focus and ignite user growth has fallen short.
Salesforce.com Inc. is considering a takeover of the social media company, according to people familiar with the matter. The exploration is in early stages, one of the people said, and might not lead to a deal.
Shares of Twitter rose 21% to $22.62 on Friday after CNBC reported talks of a possible sale. Before Friday, the stock had fallen 30% over the past year and its market value was about $13 billion. Its all-time high of $40.7 billion came in December 2013."

13 comments:

Chaz said...

The far-right is always squawking incoherently about how everybody treats them unfairly. Doesn't necessarily make it so, nor does this shrieking have any correlation to business success. Most of the shriekers are losers who don't contribute to a company's profitability anyway. Twitter has simply failed to adapt and has therefore suffered. Nothing to do with politics. Fox OTOH is in deep shit as it was being run by a far-right sexual predator with the full knowledge of most of it's crew...

David said...

Of late both Facebook and Twitter have copped a pasting for censoring right of center political views...

Bet you can't name any.

Milo Yiannopoulos! I KNEW that's what you were going to say. Except, he wasn't censored for his right wing views, he was banned from using the service for violating the TOS. Then he had a big cry and Breitbart threw him a pity party. And how many left wing views does one see on Breitbart?

And it's a bit rich for you to complain about the censoring of views when you do exactly the same here, yourself.

Adolf Fiinkensein said...

Chaz

You are right. Twitter HAS failed to adapt. To a world that is fast rejecting leftist literary thuggery.

Oh and BTW here's the stock price for Foxnews over the last five years. Some failure, huh?

Opening price five years ago $14.75

Opening price today $24.68

Adolf Fiinkensein said...

Hello idiot David.

Here you are censored for your appalling behaviour, not your views which are of no significance outside the Kremlin.

David said...

Hello idiot David

Nice one Adolf, and I always spoke so highly of you.

And still waiting for you to provide any evidence, you know facts, to support your idiotic claim that Facebook and twitter censor right of center political views.

It is little wonder that you are so wedded to Trumplethinskin as you both lie with gay abandon and wouldn't know the truth if it mugged you in the bath.

David said...

Opening price five years ago $14.75

Opening price today $24.68


You can always cherry pick data to fit a cause, but look at the price before and after Ailes was outed as a predator.

May $30.31

Now $24.68

See the trend?

Adolf Fiinkensein said...

David, so what? Any company which suffered the same adverse publicity would experience a similar result.

You are dodging the original issue which is the editorial behaviour of left leaning media, whether they are led by paedophiles, pedarists of periodontal surgeons.

Of course, dodging the issue is standard practice for lefties, isn't it?

Chaz said...

"You are dodging the original issue which is the editorial behaviour of left leaning media"

Which is not related to the financial performance of media companies. However, having your CEO exposed as a far right sex pest clearly does.

David said...

No, I am not dodging the issue. I have asked you to cite cases, you rabbit on about share prices because you have no supporting evidence, just bluster. Try making your case.

Adolf Fiinkensein said...

Of course you are dodging the issue David. You are an expert at that tactic.

The issue is the downward trend in popularity and value of media which have been hijacked by the left. Stick to the subject

.

Chaz said...

Meanwhile in the real world, actual unabashed right wing media "empires" other than just Fox are falling over. Read it and weep (as Beck is prone to do): http://www.thedailybeast.com/articles/2016/04/28/40-layoffs-as-glenn-beck-s-blaze-empire-continues-its-decline-and-fall.html

Now, Adolf, what was your point again?

David said...

Adolf, it was you who made the fatuous claim Of late both Facebook and Twitter have copped a pasting for censoring right of center political views and promoting those of the left.

I have asked you to provide any evidence for that claim of censoring right of center political views and all you keep saying is Oooh, look over there, a dog chasing a dog.

Gerald said...
This comment has been removed by a blog administrator.