Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

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

Scheduled Pinned Locked Moved General Discussion
801 Posts 22 Posters 61.5k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • George KG Offline
    George KG Offline
    George K
    wrote on 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

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

      HoraceH Offline
      HoraceH Offline
      Horace
      wrote on 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
      • X xenon

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

        jodiJ Offline
        jodiJ Offline
        jodi
        wrote on last edited by
        #171

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

        1 Reply Last reply
        • HoraceH Horace

          @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 Offline
          X Offline
          xenon
          wrote on 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.

          HoraceH 1 Reply Last reply
          • X xenon

            @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.

            HoraceH Offline
            HoraceH Offline
            Horace
            wrote on 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
            • HoraceH Horace

              @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 Offline
              X Offline
              xenon
              wrote on 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.

              HoraceH 1 Reply Last reply
              • Doctor PhibesD Online
                Doctor PhibesD Online
                Doctor Phibes
                wrote on 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

                  @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.

                  HoraceH Offline
                  HoraceH Offline
                  Horace
                  wrote on 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

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

                    AxtremusA Away
                    AxtremusA Away
                    Axtremus
                    wrote on 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
                    • AxtremusA Away
                      AxtremusA Away
                      Axtremus
                      wrote on 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.

                      HoraceH 1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on 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.

                        LuFins DadL 1 Reply Last reply
                        • George KG George K

                          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.

                          LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote on 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

                          Doctor PhibesD 1 Reply Last reply
                          • AxtremusA Axtremus

                            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.

                            HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on 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
                            • LuFins DadL LuFins Dad

                              @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?

                              Doctor PhibesD Online
                              Doctor PhibesD Online
                              Doctor Phibes
                              wrote on 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

                              HoraceH Aqua LetiferA CopperC 3 Replies Last reply
                              • Doctor PhibesD Doctor Phibes

                                @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?

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on 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.

                                Doctor PhibesD 1 Reply Last reply
                                • HoraceH Horace

                                  @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.

                                  Doctor PhibesD Online
                                  Doctor PhibesD Online
                                  Doctor Phibes
                                  wrote on 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
                                  • Doctor PhibesD Doctor Phibes

                                    @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?

                                    Aqua LetiferA Offline
                                    Aqua LetiferA Offline
                                    Aqua Letifer
                                    wrote on 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
                                    • Doctor PhibesD Doctor Phibes

                                      @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?

                                      CopperC Offline
                                      CopperC Offline
                                      Copper
                                      wrote on 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.

                                      Doctor PhibesD 1 Reply Last reply
                                      • CopperC Copper

                                        @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.

                                        Doctor PhibesD Online
                                        Doctor PhibesD Online
                                        Doctor Phibes
                                        wrote on 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

                                        1 Reply Last reply
                                        • George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #188

                                          Link to video

                                          "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
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups