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what's up with this whole "X" rebranding?
(lemmy.world)
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this post was submitted on 24 Jul 2023
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But they're not just re-branding. Twitter is now under some kind of corporate shell company. I haven't seen much coverage of that, but my suspicion is that it's intended to act as some kind of insulator to contain Twitter's debts.
Like when they break a company into pieces and put everyone's debts and no assets into a single part and then that part declares bankruptcy and all the debt magically goes away, leaving everything else with lots of assets and no debts and a future that looks really rosy. I can't help but think that this is something similar to that.
Wow, I wish I could split myself up into separate entities to bankrupt part of so that I can get away Scott free. But alas, I'm a real person, not a company with "personhood."
This is one example of how corporate persons are more persony than human persons.
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