Wall Street Mav(@WallStreetMav ):🚨Meltdown by Axios CEO Jim VandeHei. VandeHei goes on a rant about Elon telling X users “You are the media now”. "My message to Elon Musk is b*llshlit. You're not the media!" Two things are going on which are triggering Jim VandeHei 1) He is losing audience, his revenue is in decline and his business model is failing. 2) They are furious that X users (with a much larger audience) are able to so easily destroy the fake narratives the legacy "news" media pushes. People like Jim VandeHei used to be able to gatekeep on what is news and what the "facts" are. But they lost their credibility with years of lying, Now with people on X able to expose the lies, it is driving them crazy.

2024.11.25 15:35

🚨Meltdown by Axios CEO Jim VandeHei. VandeHei goes on a rant about Elon telling X users “You are the media now”. "My message to Elon Musk is b*llshlit. You're not the media!" Two things are going on which are triggering Jim VandeHei 1) He is losing audience, his revenue is in decline and his business model is failing. 2) They are furious that X users (with a much larger audience) are able to so easily destroy the fake narratives the legacy "news" media pushes. People like Jim VandeHei used to be able to gatekeep on what is news and what the "facts" are. But they lost their credibility with years of lying, Now with people on X able to expose the lies, it is driving them crazy.