Elon Musk buys a big chunk of Twitter
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“Donald Trump says he won’t return to Twitter if Elon Musk reverses ban”
Donald Trump told CNBC on Monday he wouldn’t return to Twitter even if Elon Musk, the company’s incoming owner, reversed the former president’s ban.
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“No, I won’t be going back on Twitter,” Trump told CNBC’s Joe Kernen.
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“I will be on Truth Social within the week. Its on schedule. We have a lot of people signed up. I like Elon Musk. I like him a lot. He’s an excellent individual. We did a lot for Twitter when I was in the White House. I was disappointed by the way I was treated by Twitter. I won’t be going back on Twitter,” he said. -
I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.
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Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.
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@jon-nyc said in Elon Musk buys a big chunk of Twitter:
Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.
Totally n00b question: If he owns the company and it’s now private, does that matter?
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@jon-nyc said in Elon Musk buys a big chunk of Twitter:
Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.
It was in free fall before he bought…
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@George-K said in Elon Musk buys a big chunk of Twitter:
@jon-nyc said in Elon Musk buys a big chunk of Twitter:
Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.
Totally n00b question: If he owns the company and it’s now private, does that matter?
Talking about truth social.
Twitter will trade just below musk’s offer price until it closes unless people start thinking it will fall through.
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It merged with a spac and did a back door ipo. It trades under the spac symbol DWAC
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Trump will be back. Twitter will provide the largest audience. Truth Social ain't gonna make it. Parler may not make it, if Musk succeeds in revamping and implementing decent rules.
Musk has a big job. First, he has to change the corporate culture...That may take some firings and some "Come to Jesus" moments with senior management, along with buy-in from the employees.
The rules will be interesting. You can't let people threaten physical violence. That's the first one. Wonder what else he will add to the list?
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It's going to be interesting to see how this all plays out. I'm thinking that, despite his protestations, some form of moderation, censorship, whatever, will still exist on Twitter. The question is how much.
Also, it's just delicious to see the talking heads melting down with zero self-awareness (clip above).
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@George-K said in Elon Musk buys a big chunk of Twitter:
"tech platforms must be held accountable for the harms they cause."
The platforms will be held accountable
This sounds like the anti-gun mantra.
How about holding some people accountable?
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First rat jumps ship: