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  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • Doctor PhibesD Doctor Phibes

    @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

    @George-K said in Elon Musk buys a big chunk of Twitter:

    Twitter's 'Poison Pill'

    Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades.

    WHAT ARE POISON PILLS SUPPOSED TO DO?

    The ingredients of each poison pill vary, but they’re all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive. The strategy was popularized back in the 1980s when publicly held companies were being stalked by corporate raiders such as Carl Icahn — now more frequently described as “activist investors.”

    Twitter didn’t disclose the details of its poison pill Friday, but said it would provide more information in a forthcoming filing with the Securities and Exchange Commission, which the company delayed because public markets were closed Friday.

    The San Francisco company’s plan will be triggered if a shareholder accumulates a stake of 15% or more. Musk, best known as CEO of electric car maker Tesla, currently holds a roughly 9% stake.

    Yeah, but he had to know that was coming next. Does anybody here really think there aren't wheels within wheels?

    Does anybody here think that there’s maybe more to this than him being a knight in shining armor regarding the sanctity of free speech?

    Aqua LetiferA Offline
    Aqua LetiferA Offline
    Aqua Letifer
    wrote on last edited by
    #185

    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

    @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

    @George-K said in Elon Musk buys a big chunk of Twitter:

    Twitter's 'Poison Pill'

    Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades.

    WHAT ARE POISON PILLS SUPPOSED TO DO?

    The ingredients of each poison pill vary, but they’re all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive. The strategy was popularized back in the 1980s when publicly held companies were being stalked by corporate raiders such as Carl Icahn — now more frequently described as “activist investors.”

    Twitter didn’t disclose the details of its poison pill Friday, but said it would provide more information in a forthcoming filing with the Securities and Exchange Commission, which the company delayed because public markets were closed Friday.

    The San Francisco company’s plan will be triggered if a shareholder accumulates a stake of 15% or more. Musk, best known as CEO of electric car maker Tesla, currently holds a roughly 9% stake.

    Yeah, but he had to know that was coming next. Does anybody here really think there aren't wheels within wheels?

    Does anybody here think that there’s maybe more to this than him being a knight in shining armor regarding the sanctity of free speech?

    This is only about free speech insofar as Twitter is not really a fan currently. But who actually thinks Musk is some kind of first amendment advocate aside from internet morons?

    Please love yourself.

    1 Reply Last reply
    • Doctor PhibesD Doctor Phibes

      @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

      @George-K said in Elon Musk buys a big chunk of Twitter:

      Twitter's 'Poison Pill'

      Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades.

      WHAT ARE POISON PILLS SUPPOSED TO DO?

      The ingredients of each poison pill vary, but they’re all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive. The strategy was popularized back in the 1980s when publicly held companies were being stalked by corporate raiders such as Carl Icahn — now more frequently described as “activist investors.”

      Twitter didn’t disclose the details of its poison pill Friday, but said it would provide more information in a forthcoming filing with the Securities and Exchange Commission, which the company delayed because public markets were closed Friday.

      The San Francisco company’s plan will be triggered if a shareholder accumulates a stake of 15% or more. Musk, best known as CEO of electric car maker Tesla, currently holds a roughly 9% stake.

      Yeah, but he had to know that was coming next. Does anybody here really think there aren't wheels within wheels?

      Does anybody here think that there’s maybe more to this than him being a knight in shining armor regarding the sanctity of free speech?

      CopperC Offline
      CopperC Offline
      Copper
      wrote on last edited by Copper
      #186

      @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

      Does anybody here think that there’s maybe more to this than him being a knight in shining armor regarding the sanctity of free speech?

      His goal was to make who rule the twitter world and those who use the twitter world to all agree that free speech is bad.

      Why would he do that?

      We can only hope that none of the talent on our news outlets give in to the temptation to speculate.

      Doctor PhibesD 1 Reply Last reply
      • CopperC Copper

        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

        Does anybody here think that there’s maybe more to this than him being a knight in shining armor regarding the sanctity of free speech?

        His goal was to make who rule the twitter world and those who use the twitter world to all agree that free speech is bad.

        Why would he do that?

        We can only hope that none of the talent on our news outlets give in to the temptation to speculate.

        Doctor PhibesD Offline
        Doctor PhibesD Offline
        Doctor Phibes
        wrote on last edited by
        #187

        @Copper said in Elon Musk buys a big chunk of Twitter:

        @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

        We can only hope that none of the talent on our news outlets give in to the temptation to speculate.

        Maybe the great armchair philosopher Tucker Carlson has an opinion. He seems to have one on pretty much everything else.

        I was only joking

        1 Reply Last reply
        • George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #188

          Link to video

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #189

            What's the best thing for Twitter's shareholders?

            Ron DeSantis wants to know.

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #190

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #191

                Go get 'em, tiger.

                Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                Aqua LetiferA 1 Reply Last reply
                • JollyJ Jolly

                  Go get 'em, tiger.

                  Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                  Aqua LetiferA Offline
                  Aqua LetiferA Offline
                  Aqua Letifer
                  wrote on last edited by
                  #192

                  @Jolly said in Elon Musk buys a big chunk of Twitter:

                  Go get 'em, tiger.

                  Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                  That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                  And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                  Please love yourself.

                  JollyJ 1 Reply Last reply
                  • Aqua LetiferA Aqua Letifer

                    @Jolly said in Elon Musk buys a big chunk of Twitter:

                    Go get 'em, tiger.

                    Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                    That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                    And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                    JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #193

                    @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                    @Jolly said in Elon Musk buys a big chunk of Twitter:

                    Go get 'em, tiger.

                    Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                    That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                    And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                    Put your head in a bucket of water and take a deep breath. 😛

                    In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    Aqua LetiferA 1 Reply Last reply
                    • CopperC Offline
                      CopperC Offline
                      Copper
                      wrote on last edited by
                      #194

                      July 15 2019

                      About one-in-five adult Twitter users in the U.S. follow Trump

                      https://www.pewresearch.org/fact-tank/2019/07/15/about-one-in-five-adult-twitter-users-in-the-u-s-follow-trump/

                      1 Reply Last reply
                      • JollyJ Jolly

                        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                        @Jolly said in Elon Musk buys a big chunk of Twitter:

                        Go get 'em, tiger.

                        Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                        That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                        And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                        Put your head in a bucket of water and take a deep breath. 😛

                        In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                        Aqua LetiferA Offline
                        Aqua LetiferA Offline
                        Aqua Letifer
                        wrote on last edited by
                        #195

                        @Jolly said in Elon Musk buys a big chunk of Twitter:

                        @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                        @Jolly said in Elon Musk buys a big chunk of Twitter:

                        Go get 'em, tiger.

                        Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                        That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                        And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                        Put your head in a bucket of water and take a deep breath. 😛

                        In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                        It's a common fallacy among people who don't use Twitter to believe the platform is exactly like it's portrayed in outrage porn articles. The vast majority of Twitter doesn't care about any of that. Individuals, influencers, small companies, non-profits, corporations... they use the platform and couldn't care less that Donald Drumpf was banned.

                        Please love yourself.

                        JollyJ 1 Reply Last reply
                        • CopperC Offline
                          CopperC Offline
                          Copper
                          wrote on last edited by
                          #196

                          a8c24041-5f89-485e-8d8c-925eb3e78e57-image.png

                          1 Reply Last reply
                          • Aqua LetiferA Aqua Letifer

                            @Jolly said in Elon Musk buys a big chunk of Twitter:

                            @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                            @Jolly said in Elon Musk buys a big chunk of Twitter:

                            Go get 'em, tiger.

                            Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                            That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                            And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                            Put your head in a bucket of water and take a deep breath. 😛

                            In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                            It's a common fallacy among people who don't use Twitter to believe the platform is exactly like it's portrayed in outrage porn articles. The vast majority of Twitter doesn't care about any of that. Individuals, influencers, small companies, non-profits, corporations... they use the platform and couldn't care less that Donald Drumpf was banned.

                            JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #197

                            @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                            @Jolly said in Elon Musk buys a big chunk of Twitter:

                            @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                            @Jolly said in Elon Musk buys a big chunk of Twitter:

                            Go get 'em, tiger.

                            Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                            That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                            And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                            Put your head in a bucket of water and take a deep breath. 😛

                            In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                            It's a common fallacy among people who don't use Twitter to believe the platform is exactly like it's portrayed in outrage porn articles. The vast majority of Twitter doesn't care about any of that. Individuals, influencers, small companies, non-profits, corporations... they use the platform and couldn't care less that Donald Drumpf was banned.

                            That's all well and good.

                            Now add in all the activity from reading and responding to Trump and those other people. For example, look at CNN's ratings after Trump left office. Twitter is leaving meat on the bone.

                            “Cry havoc and let slip the DOGE of war!”

                            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                            AxtremusA 1 Reply Last reply
                            • JollyJ Jolly

                              @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                              @Jolly said in Elon Musk buys a big chunk of Twitter:

                              @Aqua-Letifer said in Elon Musk buys a big chunk of Twitter:

                              @Jolly said in Elon Musk buys a big chunk of Twitter:

                              Go get 'em, tiger.

                              Twitter has seriously underperformed, in part due to it banning or seriously curtailing some people who had millions of followers... Trump, Tucker, Bongino, etc.

                              That's like saying a backup quarterback sucks ass. Compared to the most popular social media platforms on the planet, Twitter's still in the top 10, and 1 in 7 Americans use it regularly. That ain't nothin'.

                              And banning Trump has nothing to do with its not being #1. Nothing at all. Scads of conservatives are on there and have no problem with the platform. It's simply not as entertaining to use as YouTube, not as personal as Facebook, and not as addictive as TikTok.

                              Put your head in a bucket of water and take a deep breath. 😛

                              In just the three names I mentioned, you have millions of followers with tens of millions of hits on their tweets or the tweet thread...That ain't chicken feed.

                              It's a common fallacy among people who don't use Twitter to believe the platform is exactly like it's portrayed in outrage porn articles. The vast majority of Twitter doesn't care about any of that. Individuals, influencers, small companies, non-profits, corporations... they use the platform and couldn't care less that Donald Drumpf was banned.

                              That's all well and good.

                              Now add in all the activity from reading and responding to Trump and those other people. For example, look at CNN's ratings after Trump left office. Twitter is leaving meat on the bone.

                              AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on last edited by
                              #198

                              @Jolly said in Elon Musk buys a big chunk of Twitter:

                              Twitter is leaving meat on the bone.

                              Amazing how no other competitors have stepped up to pick off those meat Twitter left on the bone, eh?

                              Aqua LetiferA 1 Reply Last reply
                              • AxtremusA Axtremus

                                @Jolly said in Elon Musk buys a big chunk of Twitter:

                                Twitter is leaving meat on the bone.

                                Amazing how no other competitors have stepped up to pick off those meat Twitter left on the bone, eh?

                                Aqua LetiferA Offline
                                Aqua LetiferA Offline
                                Aqua Letifer
                                wrote on last edited by
                                #199

                                @Axtremus said in Elon Musk buys a big chunk of Twitter:

                                @Jolly said in Elon Musk buys a big chunk of Twitter:

                                Twitter is leaving meat on the bone.

                                Amazing how no other competitors have stepped up to pick off those meat Twitter left on the bone, eh?

                                To Jolly's point, they literally have. Instagram, YouTube and Facebook have four to ten times the user base that Twitter has. But for example, Twitter has about 100 million more users than America has citizens, so the Donald Trump thing is just a drop in the bucket. It really doesn't matter in the big scheme of things.

                                Please love yourself.

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #200

                                  Elon goes Conan?

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  IvorythumperI 1 Reply Last reply
                                  • George KG George K

                                    Elon goes Conan?

                                    IvorythumperI Offline
                                    IvorythumperI Offline
                                    Ivorythumper
                                    wrote on last edited by
                                    #201

                                    E488B367-5C04-40BE-92EE-825383D3A69D.jpeg

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #202

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      IvorythumperI 1 Reply Last reply
                                      • George KG George K

                                        IvorythumperI Offline
                                        IvorythumperI Offline
                                        Ivorythumper
                                        wrote on last edited by
                                        #203

                                        @George-K said in Elon Musk buys a big chunk of Twitter:

                                        Apart from pure schadenfreude, it doesn't matter to me.

                                        But I'm enjoying the schadenfreude.

                                        1 Reply Last reply
                                        • JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #204

                                          $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

                                          “Cry havoc and let slip the DOGE of war!”

                                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                          AxtremusA jon-nycJ 2 Replies Last reply
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