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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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  • AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote on last edited by
    #216

    https://www.cnbc.com/2022/04/25/donald-trump-says-he-wont-return-to-twitter-if-elon-musk-reverses-ban.html

    “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.
    .
    “No, I won’t be going back on Twitter,” Trump told CNBC’s Joe Kernen.
    .
    “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.

    1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by
      #217

      I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      AxtremusA 1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #218

        Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        George KG LuFins DadL KlausK 3 Replies Last reply
        • jon-nycJ jon-nyc

          I just saw that. They’re still pretending truth social hasn’t failed. He’ll renege once they’re beyond that phase.

          AxtremusA Away
          AxtremusA Away
          Axtremus
          wrote on last edited by
          #219

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

          He’ll renege once they’re beyond that phase.

          Assuming you're referring to Trump, he does have a rich history of reneging on various pronouncements.

          1 Reply Last reply
          • jon-nycJ jon-nyc

            Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

            George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #220

            @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?

            "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.

            jon-nycJ 1 Reply Last reply
            • jon-nycJ jon-nyc

              Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #221

              @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…

              The Brad

              1 Reply Last reply
              • George KG George K

                @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?

                jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by
                #222

                @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.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • jon-nycJ jon-nyc

                  Their stock has been hammered by Musk. It lost another 40% since he first announced his Twitter stake.

                  KlausK Offline
                  KlausK Offline
                  Klaus
                  wrote on last edited by
                  #223

                  @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.

                  Is Truth Social even publicly traded? I for one can't find a ticker symbol.

                  1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by
                    #224

                    It merged with a spac and did a back door ipo. It trades under the spac symbol DWAC

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #225

                      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?

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #226

                        LOL

                        alt text

                        "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
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #227

                          Bwhahahahahahaha!!!!

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          1 Reply Last reply
                          • George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #228

                            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).

                            "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
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #229

                              Worst job in the world...

                              "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.

                              CopperC 1 Reply Last reply
                              • George KG George K

                                Worst job in the world...

                                CopperC Offline
                                CopperC Offline
                                Copper
                                wrote on last edited by
                                #230

                                @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?

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #231

                                  First rat jumps ship:

                                  https://twitter.com/shaunking

                                  "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.

                                  JollyJ jon-nycJ 2 Replies Last reply
                                  • George KG George K

                                    First rat jumps ship:

                                    https://twitter.com/shaunking

                                    JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #232

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

                                    First rat jumps ship:

                                    https://twitter.com/shaunking

                                    Good riddance to bad rubbish.

                                    The beauty of the public square, is trying to convince people who might not agree with you.

                                    “Cry havoc and let slip the DOGE of war!”

                                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #233

                                      image.png

                                      "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
                                      • AxtremusA Away
                                        AxtremusA Away
                                        Axtremus
                                        wrote on last edited by
                                        #234

                                        Read a couple of interesting reactions:

                                        1. Jack Dorsey, former CEO and founder of Twitter, now openly says he thinks Musk buying Twitter is a very good thing. (Dorsey stands to cash close to $1 Billion from this buyout, but no, I don’t think Dorsey says this because of the money; the guy is rich enough that he doesn’t need to lie for cash.)

                                        2. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                        George KG jon-nycJ CopperC 4 Replies Last reply
                                        • AxtremusA Axtremus

                                          Read a couple of interesting reactions:

                                          1. Jack Dorsey, former CEO and founder of Twitter, now openly says he thinks Musk buying Twitter is a very good thing. (Dorsey stands to cash close to $1 Billion from this buyout, but no, I don’t think Dorsey says this because of the money; the guy is rich enough that he doesn’t need to lie for cash.)

                                          2. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                          George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #235

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

                                          1. Jeff Bezos brought up the possibility of the CCP leveraging Tesla to influence Musk on Twitter’s policies regarding China — the theory being that because Tesla relies on much of its production in China, the CCP can hold Tesla hostage to force Musk to make Twitter give China-related content special treatments.

                                          OK, Jeff. Now do Disney, NBO, Apple, and China.

                                          "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.

                                          AxtremusA 1 Reply Last reply
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