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The New Coffee Room

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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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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #218

    Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    George KG LuFins DadL KlausK 3 Replies Last reply
    • jon-nycJ jon-nyc

      I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

      AxtremusA Away
      AxtremusA Away
      Axtremus
      wrote on last edited by
      #219

      @jon-nyc said in Elon Musk buys a big chunk of Twitter:

      He’ll renege once they’re beyond that phase.

      Assuming you're referring to Trump, he does have a rich history of reneging on various pronouncements.

      1 Reply Last reply
      • jon-nycJ jon-nyc

        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #220

        @jon-nyc said in Elon Musk buys a big chunk of Twitter:

        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

        Totally n00b question: If he owns the company and it’s now private, does that matter?

        "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.

        jon-nycJ 1 Reply Last reply
        • jon-nycJ jon-nyc

          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

          LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #221

          @jon-nyc said in Elon Musk buys a big chunk of Twitter:

          Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

          It was in free fall before he bought…

          The Brad

          1 Reply Last reply
          • George KG George K

            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

            Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

            Totally n00b question: If he owns the company and it’s now private, does that matter?

            jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #222

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

            @jon-nyc said in Elon Musk buys a big chunk of Twitter:

            Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

            Totally n00b question: If he owns the company and it’s now private, does that matter?

            Talking about truth social.

            Twitter will trade just below musk’s offer price until it closes unless people start thinking it will fall through.

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • jon-nycJ jon-nyc

              Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

              KlausK Offline
              KlausK Offline
              Klaus
              wrote on last edited by
              #223

              @jon-nyc said in Elon Musk buys a big chunk of Twitter:

              Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

              Is Truth Social even publicly traded? I for one can't find a ticker symbol.

              1 Reply Last reply
              • jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #224

                It merged with a spac and did a back door ipo. It trades under the spac symbol DWAC

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #225

                  Trump will be back. Twitter will provide the largest audience. Truth Social ain't gonna make it. Parler may not make it, if Musk succeeds in revamping and implementing decent rules.

                  Musk has a big job. First, he has to change the corporate culture...That may take some firings and some "Come to Jesus" moments with senior management, along with buy-in from the employees.

                  The rules will be interesting. You can't let people threaten physical violence. That's the first one. Wonder what else he will add to the list?

                  “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

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #226

                    LOL

                    alt text

                    "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
                      #227

                      Bwhahahahahahaha!!!!

                      “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

                      1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #228

                        It's going to be interesting to see how this all plays out. I'm thinking that, despite his protestations, some form of moderation, censorship, whatever, will still exist on Twitter. The question is how much.

                        Also, it's just delicious to see the talking heads melting down with zero self-awareness (clip above).

                        "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
                          #229

                          Worst job in the world...

                          "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.

                          CopperC 1 Reply Last reply
                          • George KG George K

                            Worst job in the world...

                            CopperC Offline
                            CopperC Offline
                            Copper
                            wrote on last edited by
                            #230

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

                            "tech platforms must be held accountable for the harms they cause."

                            The platforms will be held accountable

                            This sounds like the anti-gun mantra.

                            How about holding some people accountable?

                            1 Reply Last reply
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #231

                              First rat jumps ship:

                              https://twitter.com/shaunking

                              "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.

                              JollyJ jon-nycJ 2 Replies Last reply
                              • George KG George K

                                First rat jumps ship:

                                https://twitter.com/shaunking

                                JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #232

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

                                First rat jumps ship:

                                https://twitter.com/shaunking

                                Good riddance to bad rubbish.

                                The beauty of the public square, is trying to convince people who might not agree with you.

                                “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

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #233

                                  image.png

                                  "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
                                  • AxtremusA Away
                                    AxtremusA Away
                                    Axtremus
                                    wrote on last edited by
                                    #234

                                    Read a couple of interesting reactions:

                                    1. Jack Dorsey, former CEO and founder of Twitter, now openly says he thinks Musk buying Twitter is a very good thing. (Dorsey stands to cash close to $1 Billion from this buyout, but no, I don’t think Dorsey says this because of the money; the guy is rich enough that he doesn’t need to lie for cash.)

                                    2. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                    George KG jon-nycJ CopperC 4 Replies Last reply
                                    • AxtremusA Axtremus

                                      Read a couple of interesting reactions:

                                      1. Jack Dorsey, former CEO and founder of Twitter, now openly says he thinks Musk buying Twitter is a very good thing. (Dorsey stands to cash close to $1 Billion from this buyout, but no, I don’t think Dorsey says this because of the money; the guy is rich enough that he doesn’t need to lie for cash.)

                                      2. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                      George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #235

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

                                      1. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                      OK, Jeff. Now do Disney, NBO, Apple, and China.

                                      "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.

                                      AxtremusA 1 Reply Last reply
                                      • AxtremusA Axtremus

                                        Read a couple of interesting reactions:

                                        1. Jack Dorsey, former CEO and founder of Twitter, now openly says he thinks Musk buying Twitter is a very good thing. (Dorsey stands to cash close to $1 Billion from this buyout, but no, I don’t think Dorsey says this because of the money; the guy is rich enough that he doesn’t need to lie for cash.)

                                        2. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                        jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by
                                        #236

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

                                        1. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                        That’s a very legitimate concern.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • George KG George K

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

                                          1. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                          OK, Jeff. Now do Disney, NBO, Apple, and China.

                                          AxtremusA Away
                                          AxtremusA Away
                                          Axtremus
                                          wrote on last edited by
                                          #237

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

                                          Now do Disney, NBO, Apple, and China.

                                          Apple and Disney’s reactions to various CCP demand are well documented (e.g., removing certain apps for iOS users in Hong Kong to manage the protests there back in 2020, avoiding the likeness of the Dalai Lama in the Marvel Cinematic Universe), a change in control is not on the horizon for either Disney or Apple, in the context of the interview Bezos was asked only about Twitter, not about Apple or Disney or any other company. So I see no ground to chastise Bezos for not commenting on Disney or Apple.

                                          No idea what NBO is or why you think NBO needs to be thus examined, kindly elaborate if you wish.

                                          George KG 1 Reply Last reply
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