mo4ch:>‘Snapchatization’ has users declaring #RIPTwitter, but vulture capitalist takeover is what they should REALLY be worrying about | Mo4ch News

A notorious hedge-funder who’s left a trail of broken companies (and countries) in his wake has set his sights on ousting Twitter’s Jack Dorsey. Users complaining about new features should know the platform may never be the same.Elliott Management, euphemistically called an “activist investor” by timid media who fear its legendary founder Paul Singer, has reportedly snapped up a 4 percent ($1 billion) stake in Twitter, nominating 4 directors to its board as the start of a bid to oust Dorsey. The hedge fund supposedly resents the CEO dividing his attentions between Twitter, Square, and a six-month move to Africa, believing Twitter is capable of churning out bigger profits. Like any good hedge fund – so the narrative goes – they just want the value of the company to increase (stock jumped 7 percent on the news). What this coverage leaves out – and what makes Twitter’s plight more than the usual business scrap – is Singer’s history. A major Republican donor and huge booster for Israel, h…