Elon Musk buys a big chunk of Twitter
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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?
"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.
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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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"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.
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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:
"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.
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@George-K said in Elon Musk buys a big chunk of Twitter:
First rat jumps ship:
Good riddance to bad rubbish.
The beauty of the public square, is trying to convince people who might not agree with you.
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Read a couple of interesting reactions:
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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.)
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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.
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@Axtremus said in Elon Musk buys a big chunk of Twitter:
- 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.
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@Axtremus said in Elon Musk buys a big chunk of Twitter:
- 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.
That’s a very legitimate concern.
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@George-K said in Elon Musk buys a big chunk of Twitter:
Now do Disney, NBO, Apple, and China.
Apple and Disney’s reactions to various CCP demand are well documented (e.g., removing certain apps for iOS users in Hong Kong to manage the protests there back in 2020, avoiding the likeness of the Dalai Lama in the Marvel Cinematic Universe), a change in control is not on the horizon for either Disney or Apple, in the context of the interview Bezos was asked only about Twitter, not about Apple or Disney or any other company. So I see no ground to chastise Bezos for not commenting on Disney or Apple.
No idea what NBO is or why you think NBO needs to be thus examined, kindly elaborate if you wish.
