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The New Coffee Room

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  2. General Discussion
  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • 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 Offline
    AxtremusA Offline
    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 Offline
                                  AxtremusA Offline
                                  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 Offline
                                        AxtremusA Offline
                                        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
                                        • AxtremusA Axtremus

                                          @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 Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #238

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

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

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

                                          Typo NBA.

                                          "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.

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