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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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  • 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 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
    • 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
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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 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.

          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 Offline
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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 Offline
                          A Offline
                          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 Offline
                              H Offline
                              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 Online
                                J Online
                                jon-nyc
                                wrote on 18 May 2022, 17:40 last edited by
                                #323

                                You were warned.

                                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
                                    M Away
                                    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
                                      • D Doctor Phibes
                                        21 May 2022, 19:12

                                        What does BTW mean?

                                        I'm lost.

                                        H Offline
                                        H Offline
                                        Horace
                                        wrote on 21 May 2022, 21:43 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
                                        • D Doctor Phibes
                                          21 May 2022, 19:12

                                          What does BTW mean?

                                          I'm lost.

                                          T Offline
                                          T Offline
                                          taiwan_girl
                                          wrote on 22 May 2022, 02:14 last edited by
                                          #328

                                          @Doctor-Phibes

                                          @Horace speaks street. Listen to him. LOL

                                          1 Reply Last reply
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