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The New Coffee Room

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

Elon Musk buys a big chunk of Twitter

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  • 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 Offline
        Doctor PhibesD Offline
        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 Offline
          AxtremusA Offline
          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

            1 Reply 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.

              CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #318

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

              Other experts panned his preferred method.

              We are all experts here, we can make our own decisions.

              1 Reply Last reply
              • KlausK Offline
                KlausK Offline
                Klaus
                wrote on last edited by
                #319

                Well, if I were Elon, I'd keep more of my thoughts to myself.

                1 Reply Last reply
                • AxtremusA Offline
                  AxtremusA Offline
                  Axtremus
                  wrote on last edited by
                  #320

                  https://www.reuters.com/markets/deals/twitter-committed-elon-musks-44-billion-deal-2022-05-17/

                  The narrative seems to be that Elon did no “due diligence” before signing the deal.

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #321

                    Half of Joe Biden's Twitter Followers Are Fake, Audit Reveals

                    Almost half of President Joe Biden's current 22.2 million followers on Twitter are fake accounts, according to an audit tool provided by software company SparkToro.

                    SparkToro's tool found that 49.3 percent of accounts following the official @POTUS Twitter account are "fake followers" based on analysis of a number of factors, including location issues, default profile images and new users.

                    Tesla CEO Elon Musk, who is currently trying to buy Twitter, has expressed concerns about the number of fake accounts and a potential crack down could see users such as Biden lose a huge number of followers.

                    FTAFcq4UEAAno1C.jpeg

                    "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
                    • HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #322

                      Roughly the same demographic that voted for him

                      Education is extremely important.

                      1 Reply Last reply
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote on last edited by
                        #323

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • IvorythumperI Offline
                          IvorythumperI Offline
                          Ivorythumper
                          wrote on last edited by Ivorythumper
                          #324

                          E27C7839-B274-4F2E-86FD-58A13329BF76.jpeg

                          A838B4DB-2586-4651-8B6C-4A3444DB986D.jpeg
                          ..

                          1 Reply Last reply
                          • MikM Offline
                            MikM Offline
                            Mik
                            wrote on last edited by
                            #325

                            The picture gets murkier as time goes on. The purchase may not happen at all.

                            https://www.msn.com/en-us/news/technology/musk-sails-into-the-swamp/ar-AAXyYhx?ocid=msedgntp&cvid=a3697674475842639921902f181c5db2

                            “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #326

                              What does BTW mean?

                              I'm lost.

                              I was only joking

                              HoraceH taiwan_girlT 2 Replies Last reply
                              • Doctor PhibesD Doctor Phibes

                                What does BTW mean?

                                I'm lost.

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #327

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

                                What does BTW mean?

                                I'm lost.

                                You've lost your way, gone right by you.

                                Education is extremely important.

                                1 Reply Last reply
                                • Doctor PhibesD Doctor Phibes

                                  What does BTW mean?

                                  I'm lost.

                                  taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote on last edited by
                                  #328

                                  @Doctor-Phibes

                                  @Horace speaks street. Listen to him. LOL

                                  1 Reply Last reply
                                  • Doctor PhibesD Offline
                                    Doctor PhibesD Offline
                                    Doctor Phibes
                                    wrote on last edited by
                                    #329

                                    Solid.

                                    Actually, I think that might be 1950's hipster talk.

                                    I was only joking

                                    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
                                      #330

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

                                      Pass the popcorn, George.

                                      "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
                                      • jon-nycJ jon-nyc

                                        Pass the popcorn, George.

                                        George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by George K
                                        #331

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

                                        Pass the popcorn, George.

                                        I ate the popcorn a while ago.

                                        Now, it's gone.

                                        Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc (TWTR.N), citing material breach of multiple provisions of the agreement.

                                        Shares of Twitter fell 6% in extended trading.

                                        The announcement brings to an end a will-he-won’t-he saga after the world’s richest person clinched a deal for Twitter in April but then put the buyout on hold until the social media company proved that spam bots accounted for less than 5% of its total users.

                                        "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
                                        • CopperC Offline
                                          CopperC Offline
                                          Copper
                                          wrote on last edited by
                                          #332

                                          So now he has $44 billion burning a hole in his pocket.

                                          What will he buy next?

                                          1 Reply Last reply
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