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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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  • KlausK Klaus

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

    Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote on 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

    AxtremusA IvorythumperI 2 Replies Last reply
    • Doctor PhibesD Doctor Phibes

      @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.

      AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on 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 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

        AxtremusA 1 Reply Last reply
        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote on 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

            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.

            AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on 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
            • kluursK Offline
              kluursK Offline
              kluurs
              wrote on 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
              • Doctor PhibesD Doctor Phibes

                @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.

                IvorythumperI Offline
                IvorythumperI Offline
                Ivorythumper
                wrote on 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?

                Doctor PhibesD 1 Reply Last reply
                • IvorythumperI Ivorythumper

                  @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?

                  Doctor PhibesD Offline
                  Doctor PhibesD Offline
                  Doctor Phibes
                  wrote on 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
                  • AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote on 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.

                    taiwan_girlT CopperC 2 Replies Last reply
                    • AxtremusA Axtremus

                      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.

                      taiwan_girlT Offline
                      taiwan_girlT Offline
                      taiwan_girl
                      wrote on 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
                      • AxtremusA Axtremus

                        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.

                        CopperC Online
                        CopperC Online
                        Copper
                        wrote on 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
                        • KlausK Offline
                          KlausK Offline
                          Klaus
                          wrote on last edited by
                          #319

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

                          1 Reply Last reply
                          • AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on 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
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on 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
                              • HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #322

                                Roughly the same demographic that voted for him

                                Education is extremely important.

                                1 Reply Last reply
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote on last edited by
                                  #323

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • IvorythumperI Offline
                                    IvorythumperI Offline
                                    Ivorythumper
                                    wrote on last edited by Ivorythumper
                                    #324

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

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

                                    1 Reply Last reply
                                    • MikM Away
                                      MikM Away
                                      Mik
                                      wrote on 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
                                      • Doctor PhibesD Offline
                                        Doctor PhibesD Offline
                                        Doctor Phibes
                                        wrote on last edited by
                                        #326

                                        What does BTW mean?

                                        I'm lost.

                                        I was only joking

                                        HoraceH taiwan_girlT 2 Replies Last reply
                                        • Doctor PhibesD Doctor Phibes

                                          What does BTW mean?

                                          I'm lost.

                                          HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #327

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

                                          What does BTW mean?

                                          I'm lost.

                                          You've lost your way, gone right by you.

                                          Education is extremely important.

                                          1 Reply Last reply
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