this post was submitted on 22 Aug 2024
532 points (98.9% liked)

News

23397 readers
3510 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
rjc@lemmy.world
Thekingoflorda@lemmy.world
Tenthrow@lemmy.world
JonsJava@lemmy.world
gedaliyah@lemmy.world
little_cow@lemmy.world
jeffw@lemmy.world
enu@lemmy.world
532
Elon Musk was just forced to reveal who really owns X. Here’s the list (ca.finance.yahoo.com)
submitted 3 months ago by Gsus4@mander.xyz to c/news@lemmy.world
67 comments fedilink hide all child comments
top 50 comments
sorted by: hot top controversial new old
[–] originalucifer@moist.catsweat.com 240 points 3 months ago (15 children)

The full list

8VC Opportunities Fund II, L.P.

ADREM X LLC

ADREM Y LLC

Afshar Partners, LP

Andrea Stroppa

Andreessen Horowitz LSV Fund III, L.P.

Anthem Ventures, LLC

ARK Venture Private Holdings LLC

BAMCO, Inc.

Bandera Fund LLC

Baron Opportunity Fund

Baron Partners Fund

Binance Capital Management Co., Ltd

Brookfield Project X L.P.•CCM 2020 Investments LLC

Cheng and Chen Family Trust

CNK Fund IV, L.P.

Danilo Kawasaki

Dayton Family Enterprises, LLC

Dayton Family Investments, LLC

DFJ GROWTH IV, L.P.

DFJ GROWTH IV PARALLEL FUND, LLC

DFJ GROWTH X-I, L.P.

Eden Relationship Capital L.P.

Elon Musk as Trustee of the Elon Musk Revocable Trust dated July 22, 2003

FIAM Target Date Blue Chip Growth Commingled Pool By: Fidelity InstitutionalAsset Management Trust Company as Trustee

Fidelity Blue Chip Growth Commingled Pool By: Fidelity Management TrustCompany, as Trustee

Fidelity Blue Chip Growth Institutional Trust By its manager Fidelity InvestmentsCanada ULC

Fidelity Canadian Growth Company Fund by its manager Fidelity InvestmentsCanada ULC

Fidelity Central Investment Portfolios LLC: Fidelity U.S. Equity Central Fund -Communication Services Sub

Fidelity Contrafund: Fidelity Advisor New Insights Fund - Sub A

Fidelity Contrafund: Fidelity Advisor New Insights Fund - Sub B

Fidelity Contrafund: Fidelity Contrafund•Fidelity Contrafund: Fidelity Contrafund K6

Fidelity Contrafund: Fidelity Series Opportunistic Insights Fund

Fidelity Contrafund Commingled Pool By: Fidelity Management Trust Company,as Trustee

Fidelity Destiny Portfolios: Fidelity Advisor Diversified Stock Fund

Fidelity Global Growth and Value Investment Trust - Sub A By its manager Fidelity Investments Canada

Fidelity Global Innovators Investment Trust by its manager Fidelity InvestmentsCanada ULC

Fidelity Growth Company Commingled Pool By: Fidelity Management TrustCompany, as Trustee

Fidelity Insights Investment Trust By its manager Fidelity Investments CanadaULC

Fidelity Mt. Vernon Street Trust: Fidelity Growth Company Fund

Fidelity Mt. Vernon Street Trust : Fidelity Growth Company K6 Fund

Fidelity Mt. Vernon Street Trust: Fidelity Series Growth Company Fund

Fidelity OTC Commingled Pool By: Fidelity Management Trust Company, as Trustee

Fidelity Puritan Trust: Fidelity Puritan Fund - Equity Sub B

Fidelity Puritan Trust: Puritan K6 Fund - Equity Subportfolio•Fidelity Securities Fund: Fidelity Blue Chip Growth Fund

Fidelity Securities Fund: Fidelity Blue Chip Growth K6 Fund

Fidelity Securities Fund: Fidelity OTC K6 Portfolio

Fidelity Securities Fund: Fidelity OTC Portfolio

Fidelity Select Portfolios : Select Communication Services Portfolio•G64 Ventures LLC

Gerber Kawasaki Inc.

GFNCI LLC

Gigafund 0.21, LP

Glacier Ventures LLC

Go Mav, LLC

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud

IMG US, LLC

Jack Dorsey Remainder LLC

Jack Dorsey Tr Ua 12/08/2010 Jack Dorsey Revocable Trust

Kingdom Holding Company

Lawrence J. Ellison Revocable Trust

Linda Ye and Robin Ren Family Foundation

Litani Ventures•Luchi Fiduciaria SR POS. 365

Manhattan Venture Partners X LLC

Mirae Asset Innovation X ONE, LLC

Mirae Asset Project X Fund I, LP•Olivier Janssens

Q Tetris Holding LLC

Ross Gerber

Santo Lira LLC

SC CDA1 LLC

SCGE Fund, L.P.•SCGGF III – U.S./India Management, L.P.

SCHF (M) PV, L.P.

Scott Nolan

SC US/E Expansion Fund I Management, L.P.

Sean Combs Capital, LLC

Sequent (Schweiz) AG as Trustee of the Debala Trust

Sequioa Capital Fund, L.P.

Series N Dis, a series of Atreides Special Circumstances Fund, LLC

Shahidi Tactic Group, LLC

Steve Davis

T. One Holdings LLC

The Pershing Square Foundation

TM33 Partner Holdings

Tresser Blvd 402 LLC

UnipolSai S.P.A.

Variable Insurance Products Fund II: VIP Contrafund Portfolio - Subportfolio A

VYC25 Limited

X Holdings I Investment, LLC
[–] expatriado@lemmy.world 112 points 3 months ago

interesting, although % of stake ownership sort would be more informational than alphabetical order

[–] avidamoeba@lemmy.ca 102 points 3 months ago (4 children)

So don't buy Fidelity funds. Got it.

[–] xmunk@sh.itjust.works 63 points 3 months ago (2 children)

Most people who use fidelity use it because their employer matches 401k investments into it... I'm honestly kind of amazed they haven't dissolved given the rise of better self directed retirement fund options.

[–] conciselyverbose@sh.itjust.works 48 points 3 months ago* (last edited 3 months ago)

People don't really want self directed funds.

One of the biggest ways employers have managed to get people to save properly for retirement was making it opt out and automatically ramping up the withdrawal rate over time. You still don't have to do so, but most people can't be bothered thinking about retirement in any way.

Defaults are a powerful thing.

[–] Zahtu@feddit.org 6 points 3 months ago* (last edited 3 months ago)

Not in Europe. I too have owned Fidelity funds at one Point.

[–] Thunderbird4@lemmy.world 23 points 3 months ago

Seems incredibly irresponsible of them to include it in a blue chip fund.

[–] catloaf@lemm.ee 21 points 3 months ago (1 children)

Unless you're buying individual stocks, or investing in activist funds, you're going to be putting money towards some kind of shitbaggery.

[–] dvlsg@lemmy.world 15 points 3 months ago

True, but do you want to be putting your funds with a company that thinks Twitter is a sound investment?

load more comments (1 replies)
[–] rsuri@lemmy.world 81 points 3 months ago (3 children)

A few names that may need translation:

  • ARK - Cathie Wood's fund, no surprises there
  • Kingdom Holdings - Saudi royals (along with Alwaleed Bin Talal)
  • Pershing Square - Bill Ackman's fund (guy who made headlines recently for getting university presidents fired for not shutting down Palestinian protesters
  • Q-Tetris Holding - Qatari fund, not sure how connected to royals it is
  • VYC25 - UAE fund, not sure how connected to royals it is
  • Scott Nolan - founders fund (Peter Thiel) guy
  • X holdings - Elon Musk's LLC for limiting his losses in this whole charade

Not an exhaustive list, didn't look up all the names.

[–] Draedron@lemmy.dbzer0.com 7 points 3 months ago

Ha! I was looking for Peter Thiels name here. One of the roots of all evil.

load more comments (2 replies)
[–] minibyte@sh.itjust.works 70 points 3 months ago (1 children)

Sean Combs Capital, LLC

Well that was unexpected.

[–] xmunk@sh.itjust.works 31 points 3 months ago

Diddy did it.

[–] A_A@lemmy.world 31 points 3 months ago* (last edited 3 months ago)

compactly formated
(click)

listThe full list

8VC Opportunities Fund II, L.P.
ADREM X LLC
ADREM Y LLC
Afshar Partners, LP
Andrea Stroppa
Andreessen Horowitz LSV Fund III, L.P.
Anthem Ventures, LLC
ARK Venture Private Holdings LLC
BAMCO, Inc.
Bandera Fund LLC
Baron Opportunity Fund
Baron Partners Fund
Binance Capital Management Co., Ltd
Brookfield Project X L.P.•CCM 2020 Investments LLC
Cheng and Chen Family Trust
CNK Fund IV, L.P.
Danilo Kawasaki
Dayton Family Enterprises, LLC
Dayton Family Investments, LLC
DFJ GROWTH IV, L.P.
DFJ GROWTH IV PARALLEL FUND, LLC
DFJ GROWTH X-I, L.P.
Eden Relationship Capital L.P.
Elon Musk as Trustee of the Elon Musk Revocable Trust dated July 22, 2003
FIAM Target Date Blue Chip Growth Commingled Pool By: Fidelity InstitutionalAsset Management Trust Company as Trustee
Fidelity Blue Chip Growth Commingled Pool By: Fidelity Management TrustCompany, as Trustee
Fidelity Blue Chip Growth Institutional Trust By its manager Fidelity InvestmentsCanada ULC
Fidelity Canadian Growth Company Fund by its manager Fidelity InvestmentsCanada ULC
Fidelity Central Investment Portfolios LLC: Fidelity U.S. Equity Central Fund -Communication Services Sub
Fidelity Contrafund: Fidelity Advisor New Insights Fund - Sub A
Fidelity Contrafund: Fidelity Advisor New Insights Fund - Sub B
Fidelity Contrafund: Fidelity Contrafund•Fidelity Contrafund: Fidelity Contrafund K6
Fidelity Contrafund: Fidelity Series Opportunistic Insights Fund
Fidelity Contrafund Commingled Pool By: Fidelity Management Trust Company,as Trustee
Fidelity Destiny Portfolios: Fidelity Advisor Diversified Stock Fund
Fidelity Global Growth and Value Investment Trust - Sub A By its manager Fidelity Investments Canada
Fidelity Global Innovators Investment Trust by its manager Fidelity InvestmentsCanada ULC
Fidelity Growth Company Commingled Pool By: Fidelity Management TrustCompany, as Trustee
Fidelity Insights Investment Trust By its manager Fidelity Investments CanadaULC
Fidelity Mt. Vernon Street Trust: Fidelity Growth Company Fund
Fidelity Mt. Vernon Street Trust : Fidelity Growth Company K6 Fund
Fidelity Mt. Vernon Street Trust: Fidelity Series Growth Company Fund
Fidelity OTC Commingled Pool By: Fidelity Management Trust Company, as Trustee
Fidelity Puritan Trust: Fidelity Puritan Fund - Equity Sub B
Fidelity Puritan Trust: Puritan K6 Fund - Equity Subportfolio•Fidelity Securities Fund: Fidelity Blue Chip Growth Fund
Fidelity Securities Fund: Fidelity Blue Chip Growth K6 Fund
Fidelity Securities Fund: Fidelity OTC K6 Portfolio
Fidelity Securities Fund: Fidelity OTC Portfolio
Fidelity Select Portfolios : Select Communication Services Portfolio•G64 Ventures LLC
Gerber Kawasaki Inc.
GFNCI LLC
Gigafund 0.21, LP
Glacier Ventures LLC
Go Mav, LLC
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
IMG US, LLC
Jack Dorsey Remainder LLC
Jack Dorsey Tr Ua 12/08/2010 Jack Dorsey Revocable Trust
Kingdom Holding Company
Lawrence J. Ellison Revocable Trust
Linda Ye and Robin Ren Family Foundation
Litani Ventures•Luchi Fiduciaria SR POS. 365
Manhattan Venture Partners X LLC
Mirae Asset Innovation X ONE, LLC
Mirae Asset Project X Fund I, LP•Olivier Janssens
Q Tetris Holding LLC
Ross Gerber
Santo Lira LLC
SC CDA1 LLC
SCGE Fund, L.P.•SCGGF III – U.S./India Management, L.P.
SCHF (M) PV, L.P.
Scott Nolan
SC US/E Expansion Fund I Management, L.P.
Sean Combs Capital, LLC
Sequent (Schweiz) AG as Trustee of the Debala Trust
Sequioa Capital Fund, L.P.
Series N Dis, a series of Atreides Special Circumstances Fund, LLC
Shahidi Tactic Group, LLC
Steve Davis
T. One Holdings LLC
The Pershing Square Foundation
TM33 Partner Holdings
Tresser Blvd 402 LLC
UnipolSai S.P.A.
Variable Insurance Products Fund II: VIP Contrafund Portfolio - Subportfolio A
VYC25 Limited
X Holdings I Investment, LLC


[–] ThePantser@lemmy.world 26 points 3 months ago (1 children)

Ok so how many of those names are foreign companies that have ties to enemies of the state? I am gonna guess 60% of them.

[–] TachyonTele@lemm.ee 28 points 3 months ago (1 children)

Musk has also managed to attract some royal attention for his endeavor, with HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud also featured on the list.

The Saudi prince has a net worth just shy of $19 billion, per Forbes, and also has holdings in the likes of luxury hotels the Four Seasons and the Savoy, as well as other technology firms like ride-sharing company Lyft.

[–] wfm@infosec.pub 9 points 3 months ago (2 children)

It seems he had a stake in it before the takeover

load more comments (2 replies)
[–] ravhall@discuss.online 22 points 3 months ago

Perhaps LLCs aren’t such a good idea.

[–] N0body@lemmy.dbzer0.com 17 points 3 months ago

I’m pretty sure an investment stake in Twitter is just considered bagholding at this point.

[–] DmMacniel@feddit.org 15 points 3 months ago

Q Tetris Holding LLC the fuck?!

I would, as the Tetris Company, sue those fuckers out of the world!

[–] ObamaBinLaden@lemmy.world 14 points 3 months ago (3 children)

DIDDY OWNS TWITTER?!?!

[–] ChickenLadyLovesLife@lemmy.world 7 points 3 months ago

THE KWISATZ HADERACH OWNS TWITTER?!?!

load more comments (2 replies)
[–] Gloria@sh.itjust.works 13 points 3 months ago

I would watch that Youtube video where every entity in this list is given a short 5 Minute presentation, who they are and what they stand for. I bet it is a can of worms.

[–] AshMan85@lemmy.world 12 points 3 months ago

Makes me want to take my money out fidelity

[–] kn0wmad1c@programming.dev 11 points 3 months ago

Gigafund 0.21

Why does this sound like a Bond villain asset

load more comments (2 replies)
[–] partial_accumen@lemmy.world 124 points 3 months ago (3 children)

The Twitter cofounder previously backed the Tesla CEO in his takeover of the company but walked back his support earlier this year, telling a member on rival social media platform Bluesky, "It all went south.”

Did it Jack? You got to unload a limping dog for top dollar.

[–] RedWeasel@lemmy.world 48 points 3 months ago (1 children)

Most definitely. With the offer that Elon gave the only correct answer was accept it. For himself and stockholders.

[–] TropicalDingdong@lemmy.world 31 points 3 months ago (2 children)

To be fair, Twitter' was always fueled by drama, and if nothing else, Musky sure has been sure to keep that tank full.

Twitter was actually dying before hand because it was completely irrelevant echo chamber. It survives because its now also a complexity irrelevant echo chamber, however, this time with popcorn worth drama.

If you are any where even remotely close to the political left and are still on that platform "clapping back" at idiots, you are part of the problem and giving Musk power.

[–] 100_kg_90_de_belin@feddit.it 15 points 3 months ago

If you are any where even remotely close to the political left and are still on that platform "clapping back" at idiots, you are part of the problem and giving Musk power.

This. One billion times. People act like they are doing cultural guerrilla, but they are just feeding the algorithms.

load more comments (1 replies)
[–] ganksy@lemmy.world 44 points 3 months ago (2 children)

Yeah Jack sure didn't turn out to be the visionary I thought he was. Just another scummy tech bro.

[–] GBU_28@lemm.ee 19 points 3 months ago

Seriously. Why not just enjoy looking at the check and fade into the background

[–] homesweethomeMrL@lemmy.world 9 points 3 months ago

What gave it away?

[–] ikidd@lemmy.world 7 points 3 months ago

I mean, the dog didn't limp much before Elon shot it three times and kicked it down the stairs.

[–] some_guy@lemmy.sdf.org 62 points 3 months ago

Previously, high-profile investors like Fidelity have been connected with X, most notably because the investment vehicle's filings implied a 72% drop in the company's value since Musk took it over.

Let it fucking burn.

[–] sarcasticsunrise@lemmy.world 49 points 3 months ago

Puff Daddy?!?!? Ew GROSS! One more piece of bile for the cesspool that is twitter

[–] nutsack@lemmy.world 11 points 3 months ago (2 children)

I don't see what's interesting about this information. we all knew that he put investors together to raise the money. it's a normal thing to do I think. I don't know anything about business.

[–] ImADifferentBird@lemmy.blahaj.zone 32 points 3 months ago (1 children)

It does confirm the long-standing rumors that the Saudi royal family is now invested in Twitter.

And the fact that P. Diddy is part of this mess is surprising and slightly amusing.

[–] FlyingSquid@lemmy.world 15 points 3 months ago (1 children)

Elon Musk calling himself trustee of his own trust is mildly amusing too.

Elon Musk as Trustee of the Elon Musk Revocable Trust dated July 22, 2003

[–] barsquid@lemmy.world 15 points 3 months ago (1 children)

That's a tax dodge, right?

[–] FlyingSquid@lemmy.world 8 points 3 months ago (1 children)

It must be.

[–] barsquid@lemmy.world 7 points 3 months ago

I tried to find some info on how it might work, but it probably has foreign companies in the mix or something.

[–] jatoo@lemmy.world 16 points 3 months ago

It’s interesting to know who

load more comments
view more: next ›