I think the implicit argument is that he wants to avoid more canceled contracts, along with other forms of retribution like personal attacks he experienced a few years earlier.
These billionaires usually buy money losing newspapers, or social networks, for personal reasons. If I was going to bet on it I’d very much lean on a personal motive beyond money.
So without consideration for upside[0], one of the most emotionless decisions a top executive can make is when there is no downside versus when there is.
[0] After all, further upside is not necessary if you already have experienced enough to where the needle can not move any further.
Are you confusing revenue with profit? Yeah, a lot of money pumps in one end of Amazon retail and out the other, but there is very little margin: the $550+ billion in revenue on the retail side, as I understand, brings in significantly less net than the $90 billion in revenue on the cloud side.
And government contracts, where one might expect support or opposition from a potential cheif executige who has made overt promises of purges and other uses of office to punish enemies and reward friends to make a big difference, are an important part of that (not just that one $1B contract.)
Citation needed
I thought they had fabulous margins
Am I wrong
...probably at a way lower profit range than most corporate contracts given how demanding gov deals are.
It's always been the case. That's how Supreme Court works.
[0] https://www.npr.org/2024/10/22/nx-s1-5161480/trump-media-thr...
You write this, apparently sincerely, as if the other side of politics do not and will not attack their political opponents.
That makes no sense at all. If the primary concern was avoiding canceled contracts, it would be in his best interests to ensure that the guy who is threatening to cancel contracts out of spite would not be elected.
Pressuring the Washington Post to not endorse the candidate who does not pose that threat goes exactly against that.
It's something else.
So cowardice has been the greater virtue all along?
Has it come to this, that political cowardice makes sense? That it makes sense when Democracy itself is at risk?
That it makes sense in Journalism?
That it makes sense at the newspaper of Bob Woodward [1] , now run by a billionaire with no guts to stand for Democracy itself?
That other oligarchs are tilting the election towards the obvious insanity of a leader who, in word and deed, will dismantle Democracy to indulge himself and his cronies?
We have sanewashed madness and the end of Democracy.
[1] https://en.m.wikipedia.org/wiki/Democracy_Dies_in_Darkness