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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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  • G George K
    26 Apr 2022, 01:52

    @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?

    J Offline
    J Offline
    jon-nyc
    wrote on 26 Apr 2022, 10:14 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.

    You were warned.

    1 Reply Last reply
    • J jon-nyc
      26 Apr 2022, 01:01

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

      K Offline
      K Offline
      Klaus
      wrote on 26 Apr 2022, 10:44 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
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        J Offline
        jon-nyc
        wrote on 26 Apr 2022, 10:52 last edited by
        #224

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

        You were warned.

        1 Reply Last reply
        • J Offline
          J Offline
          Jolly
          wrote on 26 Apr 2022, 11:50 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
          • G Offline
            G Offline
            George K
            wrote on 26 Apr 2022, 11:58 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
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              J Offline
              Jolly
              wrote on 26 Apr 2022, 12:20 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
              • G Offline
                G Offline
                George K
                wrote on 26 Apr 2022, 12:24 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
                • G Offline
                  G Offline
                  George K
                  wrote on 26 Apr 2022, 12:31 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.

                  C 1 Reply Last reply 26 Apr 2022, 12:41
                  • G George K
                    26 Apr 2022, 12:31

                    Worst job in the world...

                    C Offline
                    C Offline
                    Copper
                    wrote on 26 Apr 2022, 12:41 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
                    • G Offline
                      G Offline
                      George K
                      wrote on 26 Apr 2022, 12:42 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.

                      J J 2 Replies Last reply 26 Apr 2022, 13:12
                      • G George K
                        26 Apr 2022, 12:42

                        First rat jumps ship:

                        https://twitter.com/shaunking

                        J Offline
                        J Offline
                        Jolly
                        wrote on 26 Apr 2022, 13:12 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
                        • G Offline
                          G Offline
                          George K
                          wrote on 26 Apr 2022, 13:35 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
                          • A Offline
                            A Offline
                            Axtremus
                            wrote on 26 Apr 2022, 14:44 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.

                            G J C 4 Replies Last reply 26 Apr 2022, 15:08
                            • A Axtremus
                              26 Apr 2022, 14:44

                              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.

                              G Offline
                              G Offline
                              George K
                              wrote on 26 Apr 2022, 15:08 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.

                              A 1 Reply Last reply 26 Apr 2022, 15:48
                              • A Axtremus
                                26 Apr 2022, 14:44

                                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.

                                J Offline
                                J Offline
                                jon-nyc
                                wrote on 26 Apr 2022, 15:09 last edited by
                                #236

                                @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.

                                That’s a very legitimate concern.

                                You were warned.

                                1 Reply Last reply
                                • G George K
                                  26 Apr 2022, 15:08

                                  @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.

                                  A Offline
                                  A Offline
                                  Axtremus
                                  wrote on 26 Apr 2022, 15:48 last edited by
                                  #237

                                  @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.

                                  G 1 Reply Last reply 26 Apr 2022, 16:08
                                  • A Axtremus
                                    26 Apr 2022, 15:48

                                    @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.

                                    G Offline
                                    G Offline
                                    George K
                                    wrote on 26 Apr 2022, 16:08 last edited by
                                    #238

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

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

                                    No idea what NBO is or why you think NBO needs to be thus examined, kindly elaborate if you wish.

                                    Typo NBA.

                                    "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
                                    • A Axtremus
                                      26 Apr 2022, 14:44

                                      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.

                                      C Offline
                                      C Offline
                                      Copper
                                      wrote on 26 Apr 2022, 16:11 last edited by
                                      #239

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

                                      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.

                                      China probably told Musk to buy Twitter.

                                      I just made that up.

                                      A good way to test the theory might be to tweet it.

                                      1 Reply Last reply
                                      • HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote on 26 Apr 2022, 16:21 last edited by
                                        #240

                                        And just like that, conspiracy theories became ok.

                                        Education is extremely important.

                                        J 1 Reply Last reply 26 Apr 2022, 16:22
                                        • HoraceH Horace
                                          26 Apr 2022, 16:21

                                          And just like that, conspiracy theories became ok.

                                          J Offline
                                          J Offline
                                          jon-nyc
                                          wrote on 26 Apr 2022, 16:22 last edited by
                                          #241

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

                                          And just like that, conspiracy theories became ok.

                                          That is one of the prices we pay for free speech.

                                          You were warned.

                                          1 Reply Last reply
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