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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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  • X Online
    X Online
    xenon
    wrote on 16 Apr 2022, 00:18 last edited by
    #168

    Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

    H J A 3 Replies Last reply 16 Apr 2022, 00:56
    • G Offline
      G Offline
      George K
      wrote on 16 Apr 2022, 00:30 last edited by
      #169

      LOL...

      "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
      • X xenon
        16 Apr 2022, 00:18

        Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

        H Online
        H Online
        Horace
        wrote on 16 Apr 2022, 00:56 last edited by
        #170

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

        Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

        Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

        Education is extremely important.

        X 1 Reply Last reply 16 Apr 2022, 01:58
        • X xenon
          16 Apr 2022, 00:18

          Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

          J Offline
          J Offline
          jodi
          wrote on 16 Apr 2022, 00:58 last edited by
          #171

          @xenon that was a good thread, thanks for linking to it.

          1 Reply Last reply
          • H Horace
            16 Apr 2022, 00:56

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

            Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

            Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

            X Online
            X Online
            xenon
            wrote on 16 Apr 2022, 01:58 last edited by xenon
            #172

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

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

            Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

            Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

            I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

            Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

            And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

            H 1 Reply Last reply 16 Apr 2022, 02:50
            • X xenon
              16 Apr 2022, 01:58

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

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

              Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

              Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

              I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

              Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

              And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

              H Online
              H Online
              Horace
              wrote on 16 Apr 2022, 02:50 last edited by Horace
              #173

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

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

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

              Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

              Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

              I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

              Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

              And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

              I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

              Education is extremely important.

              X 1 Reply Last reply 16 Apr 2022, 03:21
              • H Horace
                16 Apr 2022, 02:50

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

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

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

                Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

                X Online
                X Online
                xenon
                wrote on 16 Apr 2022, 03:21 last edited by xenon
                #174

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

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

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

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

                Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

                I thought the most interesting idea was that these platforms’ managers care about negative PR, avoiding regulatory scrutiny, people leaving the platform and business disruption at least as much as pushing a political ideology when moderating content. If not much more.

                It’s not a mind blowing revelation - but as someone who works day in day out with corporate managers it rings very true.

                H 1 Reply Last reply 16 Apr 2022, 03:40
                • D Offline
                  D Offline
                  Doctor Phibes
                  wrote on 16 Apr 2022, 03:30 last edited by Doctor Phibes
                  #175

                  To be honest, I don't really understand what all the fuss is about.

                  Musk buys Twitter, it might be good, it might turn into a shit-show. If it turns into a shit show, it will be replaced. Either way, it's not the end of the world.

                  Musk doesn't buy Twitter, sets up some other website. I'm not going to be lying awake thinking about it. Unless of course his website is soapybreasts4U.com. I find this eventuality unlikely.

                  25 years ago none of this stuff existed, and now people behave as though it's the most important thing in the world.

                  I was only joking

                  1 Reply Last reply
                  • X xenon
                    16 Apr 2022, 03:21

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

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

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

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

                    Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                    Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                    I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                    Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                    And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                    I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

                    I thought the most interesting idea was that these platforms’ managers care about negative PR, avoiding regulatory scrutiny, people leaving the platform and business disruption at least as much as pushing a political ideology when moderating content. If not much more.

                    It’s not a mind blowing revelation - but as someone who works day in day out with corporate managers it rings very true.

                    H Online
                    H Online
                    Horace
                    wrote on 16 Apr 2022, 03:40 last edited by Horace
                    #176

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

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

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

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

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

                    Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                    Well, I disagree that it was a great thread. "Be nice to each other and there would be no censorship" is not exactly a deep insight.

                    I thought it was pretty neat to hear how someone who has had to deal with the worst of user-generated internet content thinks about it.

                    Reddit has real racists, terrorists, doxers, pedophiles, sex traffickers, etc. on the site. It’s been an experiment in free speech meets the mainstream for over a decade now.

                    And his basic point isn’t that trivial “people online are assholes and can’t have nice things” (free speech). Very debatable, but not trivial.

                    I get that he has relevant life experience, but I went searching through the thread for anything resembling a useful idea or insight into moderation practices and came up empty. Then his example of Elon being a late buyer of Bitcoin and thus ignorant of internet culture was just stupid. That’s when I started sniffing a poser staking a claim to an expertise that doesn’t in this case result in any useful insights. It happens. He was, after all, selling something.

                    I thought the most interesting idea was that these platforms’ managers care about negative PR, avoiding regulatory scrutiny, people leaving the platform and business disruption at least as much as pushing a political ideology when moderating content. If not much more.

                    It’s not a mind blowing revelation - but as someone who works day in day out with corporate managers it rings very true.

                    I’ve said as much on this board, probably several times if Jon is to be believed. I suppose that’s why it didn’t qualify in my mind as a great insight.

                    Education is extremely important.

                    1 Reply Last reply
                    • X xenon
                      16 Apr 2022, 00:18

                      Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                      A Away
                      A Away
                      Axtremus
                      wrote on 16 Apr 2022, 04:37 last edited by
                      #177

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

                      Great Twitter thread by the former CEO of Reddit on the difficulties of running a social media company

                      This is good, I very much share his sentiments re: the old Internet vs. the current Internet.

                      1 Reply Last reply
                      • A Away
                        A Away
                        Axtremus
                        wrote on 16 Apr 2022, 04:45 last edited by
                        #178

                        Something doesn't need to be a great insight to be important. Take the Michelson-Morley experiment for example, it's not exactly great insight to say that "ether" does not exist and many people have said just that, yet it takes a lot of painstaking work to prove its non-existence and that proof is monumentally important to advance humanity's understanding of the physical world.

                        H 1 Reply Last reply 16 Apr 2022, 15:52
                        • G Offline
                          G Offline
                          George K
                          wrote on 16 Apr 2022, 12:52 last edited by
                          #179

                          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.

                          "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.

                          L 1 Reply Last reply 16 Apr 2022, 15:27
                          • G George K
                            16 Apr 2022, 12:52

                            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.

                            L Offline
                            L Offline
                            LuFins Dad
                            wrote on 16 Apr 2022, 15:27 last edited by
                            #180

                            @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?

                            The Brad

                            D 1 Reply Last reply 16 Apr 2022, 16:03
                            • A Axtremus
                              16 Apr 2022, 04:45

                              Something doesn't need to be a great insight to be important. Take the Michelson-Morley experiment for example, it's not exactly great insight to say that "ether" does not exist and many people have said just that, yet it takes a lot of painstaking work to prove its non-existence and that proof is monumentally important to advance humanity's understanding of the physical world.

                              H Online
                              H Online
                              Horace
                              wrote on 16 Apr 2022, 15:52 last edited by
                              #181

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

                              Something doesn't need to be a great insight to be important. Take the Michelson-Morley experiment for example, it's not exactly great insight to say that "ether" does not exist and many people have said just that, yet it takes a lot of painstaking work to prove its non-existence and that proof is monumentally important to advance humanity's understanding of the physical world.

                              That would be a good contribution to a discussion about scientific theories.

                              Education is extremely important.

                              1 Reply Last reply
                              • L LuFins Dad
                                16 Apr 2022, 15:27

                                @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?

                                D Offline
                                D Offline
                                Doctor Phibes
                                wrote on 16 Apr 2022, 16:03 last edited by
                                #182

                                @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?

                                I was only joking

                                H A C 3 Replies Last reply 16 Apr 2022, 16:20
                                • D Doctor Phibes
                                  16 Apr 2022, 16:03

                                  @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?

                                  H Online
                                  H Online
                                  Horace
                                  wrote on 16 Apr 2022, 16:20 last edited by
                                  #183

                                  @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?

                                  That's certainly part of it. I recall when the kids were trapped in the cave in Thailand and he made a very public and very heroic and very impractical offer to send in a submarine to save them.

                                  Education is extremely important.

                                  D 1 Reply Last reply 16 Apr 2022, 16:30
                                  • H Horace
                                    16 Apr 2022, 16:20

                                    @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?

                                    That's certainly part of it. I recall when the kids were trapped in the cave in Thailand and he made a very public and very heroic and very impractical offer to send in a submarine to save them.

                                    D Offline
                                    D Offline
                                    Doctor Phibes
                                    wrote on 16 Apr 2022, 16:30 last edited by Doctor Phibes
                                    #184

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

                                    @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?

                                    That's certainly part of it. I recall when the kids were trapped in the cave in Thailand and he made a very public and very heroic and very impractical offer to send in a submarine to save them.

                                    And then heroically accused somebody who was helping in a much more practical way of being a pedophile. Allegedly.

                                    Another great victory for freedom of speech.

                                    I was only joking

                                    1 Reply Last reply
                                    • D Doctor Phibes
                                      16 Apr 2022, 16:03

                                      @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?

                                      A Offline
                                      A Offline
                                      Aqua Letifer
                                      wrote on 16 Apr 2022, 16:35 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
                                      • D Doctor Phibes
                                        16 Apr 2022, 16:03

                                        @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?

                                        C Offline
                                        C Offline
                                        Copper
                                        wrote on 16 Apr 2022, 16:36 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.

                                        D 1 Reply Last reply 16 Apr 2022, 16:46
                                        • C Copper
                                          16 Apr 2022, 16:36

                                          @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.

                                          D Offline
                                          D Offline
                                          Doctor Phibes
                                          wrote on 16 Apr 2022, 16:46 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

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