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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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  • IvorythumperI Ivorythumper

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

    Still challenging to identify professional propaganda accounts that disguise themselves as casual users.

    I'm not at all in the tech field, but that seems like a rather simple thing to solve for as a general condition. It needn't be perfect to be very good.

    AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote on last edited by
    #298

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

    I'm not at all in the tech field, but that seems like a rather simple thing to solve for as a general condition. It needn't be perfect to be very good.

    Cat and mouse game. You try to up your game at piercing through their disguise, they try to up their game at improving their disguise.

    1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #299

      Biometrics.

      “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 X 2 Replies Last reply
      • JollyJ Jolly

        Biometrics.

        AxtremusA Away
        AxtremusA Away
        Axtremus
        wrote on last edited by
        #300

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

        Biometrics.

        Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

        JollyJ 1 Reply Last reply
        • JollyJ Jolly

          Biometrics.

          X Online
          X Online
          xenon
          wrote on last edited by
          #301

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

          Biometrics.

          Is it time for the government to roll out a digital ID for all it's citizens? (Replacing the primacy of driver's licenses, SSN, passport, etc.)

          Everyone gets one - the government foots the Bill to maintain and secure it and allows other entities to verify it.

          George KG 1 Reply Last reply
          • X xenon

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

            Biometrics.

            Is it time for the government to roll out a digital ID for all it's citizens? (Replacing the primacy of driver's licenses, SSN, passport, etc.)

            Everyone gets one - the government foots the Bill to maintain and secure it and allows other entities to verify it.

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #302

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

            the government foots the Bill

            You misspelled citizens.

            "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.

            X 1 Reply Last reply
            • Doctor PhibesD Online
              Doctor PhibesD Online
              Doctor Phibes
              wrote on last edited by
              #303

              I trust Elon Musk about as much as I trust the government.

              At least I can opt out of Twatter

              I was only joking

              1 Reply Last reply
              • George KG George K

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

                the government foots the Bill

                You misspelled citizens.

                X Online
                X Online
                xenon
                wrote on last edited by
                #304

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

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

                the government foots the Bill

                You misspelled citizens.

                Some citizens.... I'm trying to think through the pushback to ID laws, which is that they're not "equitable". (The citizens for whom they're not "equitable" would not be paying)

                1 Reply Last reply
                • AxtremusA Axtremus

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

                  Biometrics.

                  Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

                  JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #305

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

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

                  Biometrics.

                  Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

                  I use biometrics to unlock my phone. I use it to log into my online banking. Why not your Twitter account?

                  “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
                  • jon-nycJ jon-nyc

                    Pass the popcorn, George.

                    George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #306

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

                    Pass the popcorn, George.

                    Elon Musk Says Twitter Deal Is on Hold,

                    “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Mr. Musk said in a tweet early Friday. He linked to a May 2 Reuters report about a recent Twitter securities filing with those statistics.

                    Twitter shares were down nearly 20% in premarket trade. Mr. Musk disclosed a 9% stake in the social-networking website last month and sought to buy the remainder of the company at a price of $54.20 a share. He said he had lined up $46.5 billion of funding for the transaction.

                    Mr. Musk plans to bring a commitment to a more hands-off approach on speech moderation to a company that has struggled to reconcile freewheeling conversations with content that appeals to advertisers.

                    Some investors saw the pause in the acquisition as a potential sign that the deal may not go ahead.

                    “I think he’s potentially seeding the ground for pulling out of the deal. That’s certainly the market’s interpretation,” said Michael Hewson, chief markets analyst at CMC Markets. “But we’ll have to wait and see, it’s a bit strange to go through all that legwork and pull funding together and then suddenly put it on hold. It is a rather strange development.”

                    The move comes a day after Twitter said it was pausing hiring and looking to cut costs as it grapples with disruptions in the digital advertising market from global economic turmoil and the war in Ukraine. Across the tech industry, companies are cutting staff and spending or slowing hiring.

                    "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
                    • KlausK Offline
                      KlausK Offline
                      Klaus
                      wrote on last edited by Klaus
                      #307

                      What exactly is the condition in the contract about which Musk is talking here?

                      Doctor PhibesD 1 Reply Last reply
                      • KlausK Klaus

                        What exactly is the condition in the contract about which Musk is talking here?

                        Doctor PhibesD Online
                        Doctor PhibesD Online
                        Doctor Phibes
                        wrote on last edited by
                        #308

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

                        What exactly is the condition in the contract about which Musk is talking here?

                        It's almost as though he's not particularly trustworthy.

                        I was only joking

                        AxtremusA IvorythumperI 2 Replies Last reply
                        • Doctor PhibesD Doctor Phibes

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

                          What exactly is the condition in the contract about which Musk is talking here?

                          It's almost as though he's not particularly trustworthy.

                          AxtremusA Away
                          AxtremusA Away
                          Axtremus
                          wrote on last edited by
                          #309

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

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

                          What exactly is the condition in the contract about which Musk is talking here?

                          It's almost as though he's not particularly trustworthy.

                          Well, even if he is untrustworthy, it will cost him no more than the $1 Billion break-up fee stipulated in the buy-out agreement.

                          1 Reply Last reply
                          • Doctor PhibesD Online
                            Doctor PhibesD Online
                            Doctor Phibes
                            wrote on last edited by
                            #310

                            I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                            I was only joking

                            AxtremusA 1 Reply Last reply
                            • AxtremusA Away
                              AxtremusA Away
                              Axtremus
                              wrote on last edited by
                              #311

                              Whatever Elon is doing with Twitter yesterday/today, it doesn’t look like there is any significant movement with Truth Social/DWAC’s stock price. :man-shrugging:

                              1 Reply Last reply
                              • Doctor PhibesD Doctor Phibes

                                I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                                AxtremusA Away
                                AxtremusA Away
                                Axtremus
                                wrote on last edited by
                                #312

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

                                I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                                And shareholder class action lawsuits ensue …

                                It looks to me that the way this is going, it increases the likelihood of Elon and Twitter and maybe even Tesla getting hit by shareholder class action lawsuits regardless of whether Elon follows through with the acquisition of Twitter.

                                1 Reply Last reply
                                • kluursK Offline
                                  kluursK Offline
                                  kluurs
                                  wrote on last edited by kluurs
                                  #313

                                  Given market conditions, perhaps he feels he chose an inopportune time to acquire Twitter and is having second thoughts.

                                  1 Reply Last reply
                                  • Doctor PhibesD Doctor Phibes

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

                                    What exactly is the condition in the contract about which Musk is talking here?

                                    It's almost as though he's not particularly trustworthy.

                                    IvorythumperI Offline
                                    IvorythumperI Offline
                                    Ivorythumper
                                    wrote on last edited by
                                    #314

                                    @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                                    Doctor PhibesD 1 Reply Last reply
                                    • IvorythumperI Ivorythumper

                                      @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                                      Doctor PhibesD Online
                                      Doctor PhibesD Online
                                      Doctor Phibes
                                      wrote on last edited by
                                      #315

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

                                      @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                                      He might be, but he's pulled a few tricks in the past which have done funny things to share prices.

                                      I really don't have any issue with him buying Twitter at all - I suspect it won't make much difference either way.

                                      I was only joking

                                      1 Reply Last reply
                                      • AxtremusA Away
                                        AxtremusA Away
                                        Axtremus
                                        wrote on last edited by
                                        #316

                                        https://www.cnbc.com/2022/05/14/elon-musk-has-wrong-approach-to-count-fakes-spam-on-twitter-experts.html

                                        Elon publicized the method he wants to use to determine the fraction of accounts that are "fake" on Twitter. Other experts panned his preferred method.

                                        taiwan_girlT CopperC 2 Replies Last reply
                                        • AxtremusA Axtremus

                                          https://www.cnbc.com/2022/05/14/elon-musk-has-wrong-approach-to-count-fakes-spam-on-twitter-experts.html

                                          Elon publicized the method he wants to use to determine the fraction of accounts that are "fake" on Twitter. Other experts panned his preferred method.

                                          taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #317

                                          @Axtremus from the article

                                          "He also warns that the number of inauthentic accounts can appear higher or lower in different corners of Twitter depending on topics being discussed. For example, more inauthentic accounts tweet about politics, cryptocurrency, climate change, and covid than those discussing non-controversial topics like kittens and origami, "

                                          I would have thought that would have been quite obvious. LOL

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