Posted on 01/13/2021 3:58:08 PM PST by devane617
Big-Tech has managed to upset at least 75 million people and users and this seems to me to be a very bad spot to be in. They can't afford to do anything at all against the Left because doing so will certainly bring new laws to reign them in and that is the last thing they want.
How do they get out of this mess?
What will be there next move?
I believe this move will bring competition like they have never had before and that may be the final outcome.
We shall see.
their not there...but I know it’s coming.
They don’t care.
The stock holders care in a big way.
If they walk it back they will upset a different 75 million people. They're idiots that painted themselves into a corner.
Idaho internet provider to block Facebook, Twitter from Wi-Fi service over Trump ban
https://www.idahostatesman.com/latest-news/article248433155.html
Big Tech will gladly fall on their sword for Socialism and to punish Trump.
The question is will their stock holders.
Big Tech stock holders will be baling out of Apple, Google and Twitter.
Other innocent Big Tech stocks will probably suffer as well.
Agreed if you simply start talking to people on the phone and shopping locally they can’t touch you
All the big tech and media were told that if any of them get in the way of Trump’s emergency messages they will lose their FCC licenses.
There are some decisions in life that require consequences. Big tech will now see the consequences.
You have it right. This will quickly become an economics lesson and the funds, stock holders and money managers will bail so quick.
They dont care. They’re so wealthy that it does not impact them even if their stocks lose half of the value in the stock market. They’re friends with the new administration so they can do whatever the **** they want.
$51 billion.
https://freerepublic.com/focus/f-chat/3924938/posts
That’s chump change. They’ll spend that and more just to get rid of Bad Orange Man.
Exactly, That 75mil is only a drop in the bucket for Facebook which is worldwide.
I don’t see Big Tech is at all concerned. The Oligarchs are moving to consolidate power, they are tired of waiting and putting up with us. With bought and paid for Courts and the Federal Government. competition can be stamped out without regard.
Things are different. There are no more checks and balances in the Peoples Republic of America. The only issue is State governments, which the Feds can keep under control with the Courts, regulations, laws. And, even State governments where it appears we might have control, in many it has been demonstrated that we are not even in control of those States.
PS - for those who want to live in a fantasy where the cavalry is coming over the hill just in time to save us, great. But this is the reality I see and it isn’t pretty - the Oligarchs are not afraid of us in the least. I do not underestimate our enemy.
Disappearing Billionaires: Jack Ma And Other Chinese Moguls Who Have Mysteriously Dropped Off The Radar
The 75 million they pissed off won't do much more than to complain and try to damage the companies' finances. Unfortunately, there is far too much liberal money to be able to completely cripple them.
OTOH, the other 75* million they could upset would go so far as to torch their buildings and hunt down the owners and employees of these companies. Middle fingering patriots seems to be the safe route, I suspect.
* NOTE: You couldn't get 60 million people, let alone 75 or 80 million, to say they voted for Biden. You would think someone with this level of historic "mandate" would be out front in the public a lot more than he has been.
China will buy up the devalued stocks.
No worries.
A big part of Facebook worldwide users are bots. I think Facebook has as much to lose as Amazon, Apple or Google.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.