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.
wrote on 26 Apr 2022, 17:27 last edited by@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)...
-
wrote on 26 Apr 2022, 17:34 last edited by
Yes an no, he has a lot of assets but selling them results in a big tax liability which would probably grate over time.
-
wrote on 26 Apr 2022, 17:59 last edited by
"If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."
-
"If I had enough money, instead of buying Twitter, I'd buy a 3 bedroom, 1 bath house in San Francisco."
wrote on 26 Apr 2022, 18:29 last edited by@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.
-
@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.
wrote on 26 Apr 2022, 18:47 last edited by@Jolly said in Elon Musk buys a big chunk of Twitter:
All good comedy has an element of truth.
...and pathos.
-
wrote on 26 Apr 2022, 19:09 last edited by
-
wrote on 26 Apr 2022, 20:25 last edited by
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…
-
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…
wrote on 26 Apr 2022, 20:34 last edited by@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.
-
Read a couple of interesting reactions:
-
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.)
-
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.
wrote on 26 Apr 2022, 20:42 last edited by George K@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.
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?
-
-
wrote on 26 Apr 2022, 20:51 last edited by
George - how is that a conspiracy theory?
-
wrote on 26 Apr 2022, 20:57 last edited by
TSLA was down 12% today. That means Musk lost almost as much today as Twitter is costing him.
-
wrote on 26 Apr 2022, 20:59 last edited by
@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.
-
wrote on 27 Apr 2022, 00:46 last edited by
-
wrote on 27 Apr 2022, 03:26 last edited by
-
wrote on 27 Apr 2022, 03:43 last edited by Axtremus
@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.
-
wrote on 27 Apr 2022, 12:15 last edited by
-
wrote on 27 Apr 2022, 12:29 last edited by
The interesting part about all the crying and rending of cloth, is that Musk is only taking Twitter back to what it originally was...
-
The interesting part about all the crying and rending of cloth, is that Musk is only taking Twitter back to what it originally was...
wrote on 27 Apr 2022, 12:36 last edited by@Jolly said in Elon Musk buys a big chunk of Twitter:
The interesting part about all the crying and rending of cloth, is that Musk is only taking Twitter back to what it originally was...
That's pretty much what Jack Dorsey claims.
-
wrote on 27 Apr 2022, 13:24 last edited by
Written by a friend:
Virgil Caine was my name and I worked at Twitter HQ
Till Elon Musk bought us up, and I didn’t know what to do
In the Spring of ’22, we were all woke, the whole bloody crew
But by April, Musk was our boss,
our control had taken such a lossThe night Musk bought ol’ Twitter up
and all its algorithms
The night Musk bought ol’ Twitter up
and brought free speech with him
they went, “La la la la la la la la la la la la la la la la la”I sat in my Tesla and had a good cry
wiping the tears from my eye
you know Trump’ll be back and our narrative might as well die
I can’t handle all that truth
And now that we’ve lost Ruth
there no sense in going to Court
and it’s too late to start selling short”The night Musk bought ol’ Twitter up
and all its algorithms
The night Musk bought ol’ Twitter up
and brought free speech with him
they went, “La la la la la la la la la la la la la la la la la”Unlike my father before me, I can’t work the land,
Facebook, Google, and Tik Tok, are all I have planned,
31, looking for work
blew my hips out trying to twerk
I swear on my avatar’s life
I’ll just have to make it on the salary earned by my wifeThe night Musk bought ol’ Twitter up
and all its algorithms
The night Musk bought ol’ Twitter up
and brought free speech with him
they went, “La la la la la la la la la la la la la la la la la -
wrote on 27 Apr 2022, 14:35 last edited by
Next thing you know, Elon will create his own cologne. The name will be...
Musk, by Musk.
