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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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  • M Offline
    M Offline
    Mik
    wrote on 2 May 2022, 22:41 last edited by
    #293

    alt text

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • F Offline
      F Offline
      Friday
      wrote on 3 May 2022, 00:50 last edited by
      #294

      That TansuYegen thing was pretty funny.

      1 Reply Last reply
      • J Offline
        J Offline
        jon-nyc
        wrote on 4 May 2022, 11:42 last edited by
        #295

        Interesting

        You were warned.

        1 Reply Last reply
        • A Offline
          A Offline
          Axtremus
          wrote on 4 May 2022, 13:43 last edited by
          #296

          Still challenging to identify professional propaganda accounts that disguise themselves as casual users.

          I 1 Reply Last reply 4 May 2022, 18:34
          • A Axtremus
            4 May 2022, 13:43

            Still challenging to identify professional propaganda accounts that disguise themselves as casual users.

            I Offline
            I Offline
            Ivorythumper
            wrote on 4 May 2022, 18:34 last edited by
            #297

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

            Still challenging to identify professional propaganda accounts that disguise themselves as casual users.

            I'm not at all in the tech field, but that seems like a rather simple thing to solve for as a general condition. It needn't be perfect to be very good.

            A 1 Reply Last reply 4 May 2022, 21:02
            • I Ivorythumper
              4 May 2022, 18:34

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

              Still challenging to identify professional propaganda accounts that disguise themselves as casual users.

              I'm not at all in the tech field, but that seems like a rather simple thing to solve for as a general condition. It needn't be perfect to be very good.

              A Offline
              A Offline
              Axtremus
              wrote on 4 May 2022, 21:02 last edited by
              #298

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

              I'm not at all in the tech field, but that seems like a rather simple thing to solve for as a general condition. It needn't be perfect to be very good.

              Cat and mouse game. You try to up your game at piercing through their disguise, they try to up their game at improving their disguise.

              1 Reply Last reply
              • J Offline
                J Offline
                Jolly
                wrote on 4 May 2022, 21:46 last edited by
                #299

                Biometrics.

                “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

                A X 2 Replies Last reply 4 May 2022, 22:18
                • J Jolly
                  4 May 2022, 21:46

                  Biometrics.

                  A Offline
                  A Offline
                  Axtremus
                  wrote on 4 May 2022, 22:18 last edited by
                  #300

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

                  Biometrics.

                  Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

                  J 1 Reply Last reply 5 May 2022, 00:30
                  • J Jolly
                    4 May 2022, 21:46

                    Biometrics.

                    X Online
                    X Online
                    xenon
                    wrote on 4 May 2022, 22:21 last edited by
                    #301

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

                    Biometrics.

                    Is it time for the government to roll out a digital ID for all it's citizens? (Replacing the primacy of driver's licenses, SSN, passport, etc.)

                    Everyone gets one - the government foots the Bill to maintain and secure it and allows other entities to verify it.

                    G 1 Reply Last reply 4 May 2022, 22:22
                    • X xenon
                      4 May 2022, 22:21

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

                      Biometrics.

                      Is it time for the government to roll out a digital ID for all it's citizens? (Replacing the primacy of driver's licenses, SSN, passport, etc.)

                      Everyone gets one - the government foots the Bill to maintain and secure it and allows other entities to verify it.

                      G Offline
                      G Offline
                      George K
                      wrote on 4 May 2022, 22:22 last edited by
                      #302

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

                      the government foots the Bill

                      You misspelled citizens.

                      "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.

                      X 1 Reply Last reply 4 May 2022, 23:20
                      • Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on 4 May 2022, 22:42 last edited by
                        #303

                        I trust Elon Musk about as much as I trust the government.

                        At least I can opt out of Twatter

                        I was only joking

                        1 Reply Last reply
                        • G George K
                          4 May 2022, 22:22

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

                          the government foots the Bill

                          You misspelled citizens.

                          X Online
                          X Online
                          xenon
                          wrote on 4 May 2022, 23:20 last edited by
                          #304

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

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

                          the government foots the Bill

                          You misspelled citizens.

                          Some citizens.... I'm trying to think through the pushback to ID laws, which is that they're not "equitable". (The citizens for whom they're not "equitable" would not be paying)

                          1 Reply Last reply
                          • A Axtremus
                            4 May 2022, 22:18

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

                            Biometrics.

                            Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

                            J Offline
                            J Offline
                            Jolly
                            wrote on 5 May 2022, 00:30 last edited by
                            #305

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

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

                            Biometrics.

                            Oh, sure, now that Elon has bought one Internet company, you want all the the Internet companies to have everyone’s biometric data.

                            I use biometrics to unlock my phone. I use it to log into my online banking. Why not your Twitter account?

                            “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
                            • J jon-nyc
                              4 Apr 2022, 13:47

                              Pass the popcorn, George.

                              G Offline
                              G Offline
                              George K
                              wrote on 13 May 2022, 10:59 last edited by
                              #306

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

                              Pass the popcorn, George.

                              Elon Musk Says Twitter Deal Is on Hold,

                              “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Mr. Musk said in a tweet early Friday. He linked to a May 2 Reuters report about a recent Twitter securities filing with those statistics.

                              Twitter shares were down nearly 20% in premarket trade. Mr. Musk disclosed a 9% stake in the social-networking website last month and sought to buy the remainder of the company at a price of $54.20 a share. He said he had lined up $46.5 billion of funding for the transaction.

                              Mr. Musk plans to bring a commitment to a more hands-off approach on speech moderation to a company that has struggled to reconcile freewheeling conversations with content that appeals to advertisers.

                              Some investors saw the pause in the acquisition as a potential sign that the deal may not go ahead.

                              “I think he’s potentially seeding the ground for pulling out of the deal. That’s certainly the market’s interpretation,” said Michael Hewson, chief markets analyst at CMC Markets. “But we’ll have to wait and see, it’s a bit strange to go through all that legwork and pull funding together and then suddenly put it on hold. It is a rather strange development.”

                              The move comes a day after Twitter said it was pausing hiring and looking to cut costs as it grapples with disruptions in the digital advertising market from global economic turmoil and the war in Ukraine. Across the tech industry, companies are cutting staff and spending or slowing hiring.

                              "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
                              • KlausK Offline
                                KlausK Offline
                                Klaus
                                wrote on 13 May 2022, 11:45 last edited by Klaus
                                #307

                                What exactly is the condition in the contract about which Musk is talking here?

                                Doctor PhibesD 1 Reply Last reply 13 May 2022, 11:50
                                • KlausK Klaus
                                  13 May 2022, 11:45

                                  What exactly is the condition in the contract about which Musk is talking here?

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on 13 May 2022, 11:50 last edited by
                                  #308

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

                                  What exactly is the condition in the contract about which Musk is talking here?

                                  It's almost as though he's not particularly trustworthy.

                                  I was only joking

                                  A I 2 Replies Last reply 13 May 2022, 12:03
                                  • Doctor PhibesD Doctor Phibes
                                    13 May 2022, 11:50

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

                                    What exactly is the condition in the contract about which Musk is talking here?

                                    It's almost as though he's not particularly trustworthy.

                                    A Offline
                                    A Offline
                                    Axtremus
                                    wrote on 13 May 2022, 12:03 last edited by
                                    #309

                                    @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

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

                                    What exactly is the condition in the contract about which Musk is talking here?

                                    It's almost as though he's not particularly trustworthy.

                                    Well, even if he is untrustworthy, it will cost him no more than the $1 Billion break-up fee stipulated in the buy-out agreement.

                                    1 Reply Last reply
                                    • Doctor PhibesD Offline
                                      Doctor PhibesD Offline
                                      Doctor Phibes
                                      wrote on 13 May 2022, 12:09 last edited by
                                      #310

                                      I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                                      I was only joking

                                      A 1 Reply Last reply 13 May 2022, 12:39
                                      • A Offline
                                        A Offline
                                        Axtremus
                                        wrote on 13 May 2022, 12:33 last edited by
                                        #311

                                        Whatever Elon is doing with Twitter yesterday/today, it doesn’t look like there is any significant movement with Truth Social/DWAC’s stock price. :man-shrugging:

                                        1 Reply Last reply
                                        • Doctor PhibesD Doctor Phibes
                                          13 May 2022, 12:09

                                          I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                                          A Offline
                                          A Offline
                                          Axtremus
                                          wrote on 13 May 2022, 12:39 last edited by
                                          #312

                                          @Doctor-Phibes said in Elon Musk buys a big chunk of Twitter:

                                          I'm kind of left with the impression of people playing rather childish games, and spending obscene amounts of money in order to do so.

                                          And shareholder class action lawsuits ensue …

                                          It looks to me that the way this is going, it increases the likelihood of Elon and Twitter and maybe even Tesla getting hit by shareholder class action lawsuits regardless of whether Elon follows through with the acquisition of Twitter.

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