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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 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.

    1 Reply Last reply
    • H Offline
      H Offline
      Horace
      wrote on 26 Apr 2022, 17:07 last edited by
      #243

      I’ve heard a lot of people, seemingly intelligent and knowledgeable ones, claim that if you scratch the surface of Musk, he has at best mediocre technical chops. I wonder about the truth of that.

      Education is extremely important.

      1 Reply Last reply
      • J Online
        J Online
        jon-nyc
        wrote on 26 Apr 2022, 17:11 last edited by jon-nyc
        #244

        Well I assume that’s true and that Isaacson being a journalist doesn’t really know the difference between him asking questions/running the meeting and trying to solve it himself.

        You were warned.

        1 Reply Last reply
        • J Jolly
          25 Apr 2022, 17:22

          $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

          J Online
          J Online
          jon-nyc
          wrote on 26 Apr 2022, 17:16 last edited by
          #245

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

          $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

          He says it’s not about money for him but I think he will tire of subsidizing it at some point and try to improve the cash flow.

          You were warned.

          I 1 Reply Last reply 26 Apr 2022, 17:27
          • J jon-nyc
            26 Apr 2022, 17:16

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

            $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

            He says it’s not about money for him but I think he will tire of subsidizing it at some point and try to improve the cash flow.

            I Offline
            I Offline
            Ivorythumper
            wrote on 26 Apr 2022, 17:27 last edited by
            #246

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

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

            $64 question: In 12 months, how much effect will Musk have on the Twitter profit/loss line?

            He says it’s not about money for him but I think he will tire of subsidizing it at some point and try to improve the cash flow.

            he could bleed that for a century and not notice... (unless of course his stock tanked)...

            1 Reply Last reply
            • J Online
              J Online
              jon-nyc
              wrote on 26 Apr 2022, 17:34 last edited by
              #247

              Yes an no, he has a lot of assets but selling them results in a big tax liability which would probably grate over time.

              You were warned.

              1 Reply Last reply
              • G Offline
                G Offline
                George K
                wrote on 26 Apr 2022, 17:59 last edited by
                #248

                "If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."

                "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 1 Reply Last reply 26 Apr 2022, 18:29
                • G George K
                  26 Apr 2022, 17:59

                  "If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."

                  J Offline
                  J Offline
                  Jolly
                  wrote on 26 Apr 2022, 18:29 last edited by
                  #249

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

                  "If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."

                  All good comedy has an element of truth.

                  “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

                  G 1 Reply Last reply 26 Apr 2022, 18:47
                  • J Jolly
                    26 Apr 2022, 18:29

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

                    "If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."

                    All good comedy has an element of truth.

                    G Offline
                    G Offline
                    George K
                    wrote on 26 Apr 2022, 18:47 last edited by
                    #250

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

                    All good comedy has an element of truth.

                    ...and pathos.

                    "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 Online
                      J Online
                      jon-nyc
                      wrote on 26 Apr 2022, 19:09 last edited by
                      #251

                      879F77B3-D819-4C4C-B294-2D2F08F31ADD.jpeg

                      You were warned.

                      1 Reply Last reply
                      • L Offline
                        L Offline
                        LuFins Dad
                        wrote on 26 Apr 2022, 20:25 last edited by
                        #252

                        One of the talking heads on CNN just lamented that Elon Musk could now influence elections by deplatforming candidates or by manipulating the algorithms to suppress news stories damaging to other candidates…

                        The Brad

                        H 1 Reply Last reply 26 Apr 2022, 20:34
                        • L LuFins Dad
                          26 Apr 2022, 20:25

                          One of the talking heads on CNN just lamented that Elon Musk could now influence elections by deplatforming candidates or by manipulating the algorithms to suppress news stories damaging to other candidates…

                          H Offline
                          H Offline
                          Horace
                          wrote on 26 Apr 2022, 20:34 last edited by
                          #253

                          @LuFins-Dad said in Elon Musk buys a big chunk of Twitter:

                          One of the talking heads on CNN just lamented that Elon Musk could now influence elections by deplatforming candidates or by manipulating the algorithms to suppress news stories damaging to other candidates…

                          The fact that they unapologetically and righteously did exactly that, must make the fear all the more real in their minds. Terrified of their own shadow.

                          Education is extremely important.

                          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.

                            G Offline
                            G Offline
                            George K
                            wrote on 26 Apr 2022, 20:42 last edited by George K
                            #254

                            @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.

                            Bezos launches China conspiracy theory

                            Bezos’ commentary on Tesla’s relationship with China is peculiar given a Reuters investigation in December that found Amazon had capitulated to demands from China to continue doing business and grow the company there.

                            In addition, some 38% of Amazon's top-selling brands are based in China, a report from the firm Daxue Consulting found late last year.

                            And, in 2019, the Washington Post – which Bezos bought in 2013 – included an eight-page "advertising supplement" touting the achievements and talking points of the Chinese government in a section that was off-limits to the paper’s editors.

                            Special Report: Amazon partnered with China propaganda arm

                            Amazon.com Inc was marketing a collection of President Xi Jinping's speeches and writings on its Chinese website about two years ago, when Beijing delivered an edict, according to two people familiar with the incident. The American e-commerce giant must stop allowing any customer ratings and reviews in China.

                            A negative review of Xi's book prompted the demand, one of the people said. "I think the issue was anything under five stars," the highest rating in Amazon's five-point system, said the other person.

                            Ratings and reviews are a crucial part of Amazon's e-commerce business, a major way of engaging shoppers. But Amazon complied, the two people said. Currently, on its Chinese site Amazon.cn, the government-published book has no customer reviews or any ratings. And the comments section is disabled.

                            "And the comments section is disabled."

                            At least Amazon doesn't die in darkness, right?

                            "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 Online
                              J Online
                              jon-nyc
                              wrote on 26 Apr 2022, 20:51 last edited by
                              #255

                              George - how is that a conspiracy theory?

                              You were warned.

                              G 1 Reply Last reply 26 Apr 2022, 20:59
                              • H Offline
                                H Offline
                                Horace
                                wrote on 26 Apr 2022, 20:57 last edited by
                                #256

                                TSLA was down 12% today. That means Musk lost almost as much today as Twitter is costing him.

                                Education is extremely important.

                                1 Reply Last reply
                                • J jon-nyc
                                  26 Apr 2022, 20:51

                                  George - how is that a conspiracy theory?

                                  G Offline
                                  G Offline
                                  George K
                                  wrote on 26 Apr 2022, 20:59 last edited by
                                  #257

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

                                  George - how is that a conspiracy theory?

                                  In the article:

                                  Amazon founder and former CEO Jeff Bezos on Monday mulled whether China has gained leverage over what happens on Twitter now that Tesla CEO Elon Musk has secured a $44 billion deal with the social media company.

                                  "Interesting question. Did the Chinese government just gain a bit of leverage of the town square?" Bezos tweeted in response to a New York Times reporter who noted Tesla’s reliance on China for its large market and lithium batteries.

                                  The reporter noted that Tesla's second-biggest market after the U.S. in 2021 was China and that Chinese battery makers are major suppliers for Tesla's electric vehicles. He also noted that when China banned Twitter in 2009, the government "had almost no leverage over the platform." He then suggested that, due to Musk's acquisition, "That may have just changed."

                                  "Conspiracy theory?" Perhaps not. But, it reiterates what Ax said in his comment earlier.

                                  "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
                                    Aqua Letifer
                                    wrote on 27 Apr 2022, 00:46 last edited by
                                    #258

                                    9F7D431A-EF5A-4C3F-82DF-869E9F404EC5.jpeg

                                    Please love yourself.

                                    1 Reply Last reply
                                    • J Online
                                      J Online
                                      jon-nyc
                                      wrote on 27 Apr 2022, 03:26 last edited by
                                      #259

                                      You were warned.

                                      A G 2 Replies Last reply 27 Apr 2022, 03:43
                                      • J jon-nyc
                                        27 Apr 2022, 03:26

                                        A Offline
                                        A Offline
                                        Axtremus
                                        wrote on 27 Apr 2022, 03:43 last edited by Axtremus
                                        #260

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

                                        Pffftttt … as if Morgan Stanley is going to lend anyone billions of dollars to tackle world poverty.

                                        1 Reply Last reply
                                        • J jon-nyc
                                          27 Apr 2022, 03:26

                                          G Offline
                                          G Offline
                                          George K
                                          wrote on 27 Apr 2022, 12:15 last edited by
                                          #261

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

                                          FRTiQkyWYAEDvif.jpeg

                                          "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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