r/technology • u/DontFearTheCreaper • 2d ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/andrewskdr 2d ago

Those upcoming stock buybacks are going to be dirt cheap

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u/sum1sedate-me 2d ago

Oh yea. I bet they’re planning on layoffs as we speak to get some liquidity and then do stock buy backs. They never end up the butt of the joke, we do.

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u/gizamo 2d ago

Trump will probably throw money at the companies he deems loyal. They'll use that money for buy backs, too.

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u/Little_candy_cream 2d ago

Maybe they should have thought twice about aligning with him

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u/javoss88 2d ago

I still don’t understand how these “move fast and break stuff” supposed “innovators” all lined up for him. They’re already richer than rich, what’s to gain?

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u/Mysterious-Job-469 2d ago

Control and power.

Rich people rape children at a WAAAAAAAY higher ratio than ANY OTHER DEMOGRAPHIC BY MULTITUDES. They want the ability to do it in public while the people responsible for enforcing the law against them are screaming "WHAT DO YOU WANT ME TO DO ABOUT IT?! WHAT ARE YOU GONNA DO ABOUT IT WHEN I DON'T?!?!?!?" at the middle and working class.

It's a very slight adjustment from the current status quo.