• TWeaK@lemm.ee
    link
    fedilink
    English
    arrow-up
    47
    ·
    1 year ago

    We need laws against business owners that frivolously run their business into the ground and damage others’ without retaining any liability beyond the business’ death.

      • TWeaK@lemm.ee
        link
        fedilink
        English
        arrow-up
        17
        ·
        edit-2
        1 year ago

        They have a civil suit against him, but that kind of lawsuit is almost never successful (edit: at pinning liability onto the business owner - I’m saying liability will probably only fall to Twitter and not Musk personally /edit). Twitter is still a limited liability company, and now that it is privately owned its owners are free to run it into the ground - they don’t have an obligation to shareholders.

        Private businesses should be free to do this, but this was a publicly traded company turned private, so arguably there should be solid protections in law that make this wrong rather than the only option being a difficult civil lawsuit.

        • PersnickityPenguin@lemm.ee
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          But Tesla isn’t a private business. It’s a public business that’s traded on the stock exchange. That’s a huge difference from the bird site.

          • tintory@lemm.ee
            link
            fedilink
            arrow-up
            1
            ·
            1 year ago

            Don’t forget both Tesla and SpaceX ( who are heavily subsided by the American government also) employees was taken from their jobs and working on making more of a mess of Twitter

        • jmcs@discuss.tchncs.de
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          Private companies shouldn’t be able to do that because it still has a negative impact on society. When a company implodes there are employees that have their lives ruined, suppliers that will now have problems of their own, which will lead to more lives ruined.

          This view that if you aren’t a shareholder you aren’t an important stakeholder in a company is incredibly damaging to the social fabric.

    • Belgdore@lemm.ee
      link
      fedilink
      English
      arrow-up
      9
      ·
      1 year ago

      We have it, it’s called “Piercing the corporate veil.” Twitter being a California company should make it easier.

      • underisk@lemmy.ml
        link
        fedilink
        arrow-up
        7
        ·
        1 year ago

        OP suggests we add legal protections against what Musk is doing and your response is to point out that he’s not doing anything illegal. Thanks man, wise words.

  • Storksforlegs@beehaw.org
    link
    fedilink
    arrow-up
    36
    ·
    edit-2
    1 year ago

    Sueing anti-hate groups will really bring in the advertisers! Another genius move.

    Hopefully it’ll get thrown out, seems pretty meritless.

  • megopie@beehaw.org
    link
    fedilink
    arrow-up
    29
    ·
    edit-2
    1 year ago

    “Their doing hate speech against me! Ironic is it not?”

    “Mr. musk, telling you that you’re doing a bad job of managing moderation is not hate speech”

    “ WELL I HATED IT!”