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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Elon Musk buys a big chunk of Twitter

Elon Musk buys a big chunk of Twitter

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  • K Offline
    K 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?

    D 1 Reply Last reply 13 May 2022, 11:50
    • K Klaus
      13 May 2022, 11:45

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

      D Offline
      D 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
      • D 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 Away
        A Away
        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
        • D Offline
          D 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 Away
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            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
            • D 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 Away
              A Away
              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.

              1 Reply Last reply
              • K Offline
                K Offline
                kluurs
                wrote on 13 May 2022, 13:17 last edited by kluurs
                #313

                Given market conditions, perhaps he feels he chose an inopportune time to acquire Twitter and is having second thoughts.

                1 Reply Last reply
                • D 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.

                  I Offline
                  I Offline
                  Ivorythumper
                  wrote on 13 May 2022, 14:38 last edited by
                  #314

                  @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                  D 1 Reply Last reply 13 May 2022, 14:57
                  • I Ivorythumper
                    13 May 2022, 14:38

                    @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                    D Offline
                    D Offline
                    Doctor Phibes
                    wrote on 13 May 2022, 14:57 last edited by
                    #315

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

                    @Doctor-Phibes It sounds as if he’s verifying value based on real person accounts being more the 95%. Why would that be a problem?

                    He might be, but he's pulled a few tricks in the past which have done funny things to share prices.

                    I really don't have any issue with him buying Twitter at all - I suspect it won't make much difference either way.

                    I was only joking

                    1 Reply Last reply
                    • A Away
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                      Axtremus
                      wrote on 15 May 2022, 20:52 last edited by
                      #316

                      https://www.cnbc.com/2022/05/14/elon-musk-has-wrong-approach-to-count-fakes-spam-on-twitter-experts.html

                      Elon publicized the method he wants to use to determine the fraction of accounts that are "fake" on Twitter. Other experts panned his preferred method.

                      T C 2 Replies Last reply 16 May 2022, 16:37
                      • A Axtremus
                        15 May 2022, 20:52

                        https://www.cnbc.com/2022/05/14/elon-musk-has-wrong-approach-to-count-fakes-spam-on-twitter-experts.html

                        Elon publicized the method he wants to use to determine the fraction of accounts that are "fake" on Twitter. Other experts panned his preferred method.

                        T Offline
                        T Offline
                        taiwan_girl
                        wrote on 16 May 2022, 16:37 last edited by
                        #317

                        @Axtremus from the article

                        "He also warns that the number of inauthentic accounts can appear higher or lower in different corners of Twitter depending on topics being discussed. For example, more inauthentic accounts tweet about politics, cryptocurrency, climate change, and covid than those discussing non-controversial topics like kittens and origami, "

                        I would have thought that would have been quite obvious. LOL

                        1 Reply Last reply
                        • A Axtremus
                          15 May 2022, 20:52

                          https://www.cnbc.com/2022/05/14/elon-musk-has-wrong-approach-to-count-fakes-spam-on-twitter-experts.html

                          Elon publicized the method he wants to use to determine the fraction of accounts that are "fake" on Twitter. Other experts panned his preferred method.

                          C Online
                          C Online
                          Copper
                          wrote on 16 May 2022, 16:53 last edited by
                          #318

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

                          Other experts panned his preferred method.

                          We are all experts here, we can make our own decisions.

                          1 Reply Last reply
                          • K Offline
                            K Offline
                            Klaus
                            wrote on 16 May 2022, 16:58 last edited by
                            #319

                            Well, if I were Elon, I'd keep more of my thoughts to myself.

                            1 Reply Last reply
                            • A Away
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                              Axtremus
                              wrote on 17 May 2022, 19:40 last edited by
                              #320

                              https://www.reuters.com/markets/deals/twitter-committed-elon-musks-44-billion-deal-2022-05-17/

                              The narrative seems to be that Elon did no “due diligence” before signing the deal.

                              1 Reply Last reply
                              • G Offline
                                G Offline
                                George K
                                wrote on 18 May 2022, 12:57 last edited by
                                #321

                                Half of Joe Biden's Twitter Followers Are Fake, Audit Reveals

                                Almost half of President Joe Biden's current 22.2 million followers on Twitter are fake accounts, according to an audit tool provided by software company SparkToro.

                                SparkToro's tool found that 49.3 percent of accounts following the official @POTUS Twitter account are "fake followers" based on analysis of a number of factors, including location issues, default profile images and new users.

                                Tesla CEO Elon Musk, who is currently trying to buy Twitter, has expressed concerns about the number of fake accounts and a potential crack down could see users such as Biden lose a huge number of followers.

                                FTAFcq4UEAAno1C.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.

                                1 Reply Last reply
                                • H Online
                                  H Online
                                  Horace
                                  wrote on 18 May 2022, 13:06 last edited by
                                  #322

                                  Roughly the same demographic that voted for him

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote on 18 May 2022, 17:40 last edited by
                                    #323

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • I Offline
                                      I Offline
                                      Ivorythumper
                                      wrote on 21 May 2022, 13:54 last edited by Ivorythumper
                                      #324

                                      E27C7839-B274-4F2E-86FD-58A13329BF76.jpeg

                                      A838B4DB-2586-4651-8B6C-4A3444DB986D.jpeg
                                      ..

                                      1 Reply Last reply
                                      • M Away
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                                        Mik
                                        wrote on 21 May 2022, 18:43 last edited by
                                        #325

                                        The picture gets murkier as time goes on. The purchase may not happen at all.

                                        https://www.msn.com/en-us/news/technology/musk-sails-into-the-swamp/ar-AAXyYhx?ocid=msedgntp&cvid=a3697674475842639921902f181c5db2

                                        “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
                                        • D Offline
                                          D Offline
                                          Doctor Phibes
                                          wrote on 21 May 2022, 19:12 last edited by
                                          #326

                                          What does BTW mean?

                                          I'm lost.

                                          I was only joking

                                          H T 2 Replies Last reply 21 May 2022, 21:43
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                                          15 May 2022, 20:52


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