Elon Musk goes after Wikipedia, asks where all the money goes
- Thread starter Alfonso Maruccia
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bclaymiles
Posts: 241 +208
Homerlovesbeer
Posts: 299 +381
Starting the article with "Facepalm" shows incredible bias. It's very poor journalism.
amghwk
Posts: 1,670 +1,688
All they read is " wikipedia needs money and does good K" and believe it with 0 critical thought.
sethiol
Posts: 7 +6
It was his $44B and not $150M/year of someone elses. Not seeing your point.
sethiol
Posts: 7 +6
He fired a bunch of people with no real job, except to post "stories/ day in the life" to social media about how little they did in a day and getting paid $100k+/year.
Sounds exactly like what Musk does all day
winjer
Posts: 788 +3,924
He got financial commitments from other entities, such as Bank of America, Barclays, BNP Paribas, Mizuho, Morgan Stanley, MUFG and Societe Generale.
And he also did an equity to finance his part.
Although he put in most of the money, it wasn't just his money.
Regardless, that was not the point. But rather that he just wasted a ton of money in a company that is not worth anything close to 44B.
That's what Musk says and people still accept what he says without critical thought because Billions?
BS. Musk's "prophetic utterances" deserve just as much critical thought as the utterances from others.
Rudyduu
Posts: 895 +747
"Wikimedia Foundation allocates 43 percent of the funds for "direct support" to its websites, 32 percent for community support, 13 percent for administration and governance, and 12 percent for fundraising." Where did you get the information you used to form your opinion? I'm guess you just made it up based on how you feel rather than actual evidence.
Rudyduu
Posts: 895 +747
That's not accurate. People who work for a social media company don't post to social media all day. There are plenty of stories about trying to rehire people who held critical positions within the company. Also you're typing as if you were there or something.
hahahanoobs
Posts: 5,571 +3,360
Musk is a child.
I'll be glad when he's gone.
I'll be glad when he's gone.
Furriest
Posts: 55 +63
The more you cover a rich man-child, the more relevant he will become. It should be common knowledge that when you have nothing innovative to steal credit from you just need to mindlessly tout a highly uninformed hot take and watch as you become the peak of internet relevancy.
I think I'll just have a content blacklist so I don't have to hear the man's name, why should one man's life pop up in the feeds of billions on a weekly basis, it is not earned.
m3tavision
Posts: 1,733 +1,510
m3tavision
Posts: 1,733 +1,510
Hunh..
He fired 3k SJW and said that he was surprised that many employees had an average of 6 alt-accounts... and that they were quit active. Abnormally active.
And that Twitter's own employees at times made up 6% of the traffic...
RudyBob
Posts: 2,034 +2,269
"...people want to know." Tells me all I need to know
I set up a charity to administer our local park in London. Funding for parks have dropped by about 60% and it desperately needed funding to ensure the park was maintained. Local people are happy to volunteer their time. Events can bring in up to 20K people and this raises additional money to go back into the park. Becoming a charity was a huge benefit to us, not only for tax reasons, but because local companies could now make official donations of money and their employees time. Not only have we managed to maintain the park, we also now get awards for what's been done and how it benefits the local community.
Emu81
Posts: 20 +16
You know, if you spent 5 minutes actually looking into the Wikipedia foundation instead of taking Musk at his word then you would find that the Wikipedia Foundation is a 501(c)(3) charity which is required to make it's financials public.
For the 2021-2022 financial year, the Wikimedia Foundation had operating expenses of $145,970,915 which consists of $88,111,412 for salaries and wages, $14,923,242 for Awards and Grants, $2,704,842 for Internet Hosting, $405,885 for "In-Kind service expenses", $6,215,434 for Donation processing expenses, $16,881,184 in Professional service expenses, $11,853,366 in Other operating expenses, $1,191,164 for Travel and conferences, and $3,213,466 in Depreciation and Amortization, $470,920 in Special event expense, net. The foundation had a net income of $154,686,521 which resulted in a net increase in assets of $8,715,606.
The foundation had 700 staff and contractors which averages out to around $125,873 per person which is pretty reasonable for wages and salaries considering the kinds of people that they would need (IT, web design, lawyers, etc) and the ancillary costs of hiring people.
m3tavision
Posts: 1,733 +1,510
Wow, you sound like Mr Wikipedia...
Wikipedia won't cover their own scandal... so no point in trying to find the truth there.
Qaroline
Posts: 18 +10
Musktard asks $1 from first world countries rather than do it for third world countries where your monthly wage is $30. Just... unbelievable. What a genius of business.
I think you have to specify what scandal.
You don't seem to be someone searching for truth but simply someone trying to pass your opinion off as truth (a pretty common issue from people editing Wikipedia articles).
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