Judd Legum Profile picture
Feb 5 4 tweets 2 min read
UPDATE: The launch of Trump's new social network, TRUTH Social, has been delayed again.

First it was launching in November, then on Presidents Day in February, now Devin Nunes, the company's CEO, says he "fully expects" to launch by "the end of March." Image
So, as of now, the company has no product, no users, and no revenue.

Yet Trump's media company has an imputed value of over $10 billion, buoyed by retail investors who are snapping up the stock of a SPAC trying to merge with the company

That merger is under SEC investigation Image
NOTE: Even by Trump's own ridiculously optimistic projections, his social network is NEVER PROJECTED TO GENERATE SIGNIFICANT REVENUE

The money is supposed to come with a streaming service that will compete with NETFLIX that no one is even talking about

popular.info/p/trumps-new-m… Image
Trump is convinced that Facebook is losing users because of his social network, which doesn't yet exist

gizmodo.com/trump-weighs-i…

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More from @JuddLegum

Feb 7
1. A top executive for @CollegeBoard, an organization that shapes curriculum for hundreds of thousands of high school students, is aggressively pushing to limit discussions about race and history in classrooms

Follow along if interested.

popular.info/p/top-college-…
@CollegeBoard 2. The @CollegeBoard executive, Todd Huston (@tmhuston), has a side hustle: Speaker of the Indiana House of Representatives

As Speaker, Huston has prioritized controversial legislation to restrict instruction in Indiana classrooms

popular.info/p/top-college-…
@CollegeBoard @tmhuston 3. The Indiana bill pushed by Huston would prohibit any materials or instruction that support a list of poorly-defined "divisive topics."

The bill would prohibit any materials or instruction that could make someone feel "discomfort" about their race

popular.info/p/top-college-… Image
Read 8 tweets
Feb 5
Just spitballing but maybe the next time Spotify decides to pay $100 million for a podcast someone should listen to the podcast first
Sure, Rogan used the n-word dozens of times and told a racist story about "Planet of the Apes." But he is not defined exclusively by that. Rogan also platformed unhinged conspiracy theorist Alex Jones and misrepresented the dangers of COVID vaccines.
I am not advocating for Spotify to drop Rogan. I am not convinced it would do anything to help slow the spread of vaccine misinformation. It might accelerate it.

But how did this guy ever get paid $100 million?

Spotify should think about that.
Read 4 tweets
Feb 3
People in Alabama are calling the superintendent of schools and complaining that Black History Month is Critical Race Theory
In Tennessee, a right-wing activist group is using the state's new anti-CRT law to argue that 2nd Graders shouldn't read a book about MLK Jr.

popular.info/p/moms-for-lib…
Read 4 tweets
Feb 3
If you read one story today make it this one: "Inside Mississippi’s only class on critical race theory"

It tells the story of a very Republican law student in Mississippi who took a class on Critical Race Theory and learned a lot

mississippitoday.org/2022/02/02/mis…
"The goal of the class is not to change minds, but to introduce students to critical race theory and how to apply it to the law, current events and issues in popular discourse, Murphree said. "
The Republican law student was dismayed that, as she was taking the course, Republican politicians in the state were trying to ban it.

Murphree read the bill in disbelief. “The party I associate with,” she concluded, “just doesn’t even know what the truth about this class is.”
Read 4 tweets
Feb 3
1. Since January 6, 2021 no company has taken a more cynical approach than @Cigna

It started out bad and keeps getting worse

Follow along if interested

popular.info/p/what-we-lear…
@Cigna 2. After the attack on the U.S. Capitol, @Cigna issued one of the strongest statements

Cigna said the attack transcended "all other matters of public policy"

It pledged to cut off donations to any members who "hindered the peaceful transition of power"

popular.info/p/what-we-lear…
3. @Cigna lasted until FEBRUARY when it donated 15K each to the @NRCC and @NRSC, the umbrella committees that are supporting the reelection of every single Republican objector
Read 11 tweets
Feb 2
1. Zucker is successfully spinning his firing/resignation as a simple matter of failing to disclose a consensual relationship with a subordinate

But that's not the whole story
2. The woman who Zucker was in a relationship with was Allison Gollust, CNN's Chief Marketing Officer.

But one thing I'm not seeing mentioned is that before joining CNN Gollust was THE COMMUNICATIONS DIRECTOR FOR ANDREW CUOMO
3. Why is this significant?

Zucker defended CHRIS CUOMO for months after it was revealed he was advising his brother Andrew on how to handle allegations of sexual harassment

He was allowed to keep doing his show
Read 10 tweets

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