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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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  • 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
    • J Online
      J Online
      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
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        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
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          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
          • J Offline
            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 Online
                              J Online
                              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
                                    • H Offline
                                      H 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
                                      • H Horace
                                        26 Apr 2022, 16:21

                                        And just like that, conspiracy theories became ok.

                                        J Online
                                        J Online
                                        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
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote on 26 Apr 2022, 16:42 last edited by
                                          #242

                                          Interesting comment but perhaps more interesting is Isaacson was with him. Is he doing a Musk bio?

                                          You were warned.

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                                          26 Apr 2022, 13:12


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