Elon Musk buys a big chunk of Twitter
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@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.
wrote on 13 May 2022, 14:38 last edited by@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?
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@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?
wrote on 13 May 2022, 14:57 last edited by@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.
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wrote on 15 May 2022, 20:52 last edited by
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.
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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.
wrote on 16 May 2022, 16:37 last edited by@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
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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.
wrote on 16 May 2022, 16:53 last edited by@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.
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wrote on 16 May 2022, 16:58 last edited by
Well, if I were Elon, I'd keep more of my thoughts to myself.
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wrote on 17 May 2022, 19:40 last edited by
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.
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wrote on 18 May 2022, 12:57 last edited by
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.
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wrote on 18 May 2022, 13:06 last edited by
Roughly the same demographic that voted for him
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wrote on 18 May 2022, 17:40 last edited by
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wrote on 21 May 2022, 13:54 last edited by Ivorythumper
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wrote on 21 May 2022, 18:43 last edited by
The picture gets murkier as time goes on. The purchase may not happen at all.
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wrote on 21 May 2022, 19:12 last edited by
What does BTW mean?
I'm lost.
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What does BTW mean?
I'm lost.
wrote on 21 May 2022, 21:43 last edited by@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.
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What does BTW mean?
I'm lost.
wrote on 22 May 2022, 02:14 last edited by@Horace speaks street. Listen to him. LOL
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wrote on 22 May 2022, 02:17 last edited by
Solid.
Actually, I think that might be 1950's hipster talk.
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wrote on 28 May 2022, 11:33 last edited by
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wrote on 8 Jul 2022, 21:32 last edited by George K 7 Aug 2022, 21:32
@jon-nyc said in Elon Musk buys a big chunk of Twitter:
Pass the popcorn, George.
I ate the popcorn a while ago.
Now, it's gone.
Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc (TWTR.N), citing material breach of multiple provisions of the agreement.
Shares of Twitter fell 6% in extended trading.
The announcement brings to an end a will-he-won’t-he saga after the world’s richest person clinched a deal for Twitter in April but then put the buyout on hold until the social media company proved that spam bots accounted for less than 5% of its total users.
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wrote on 8 Jul 2022, 21:51 last edited by
So now he has $44 billion burning a hole in his pocket.
What will he buy next?
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wrote on 8 Jul 2022, 22:10 last edited by
To be sure he snuck out of the deal because the market tanked in the months following his bid and he was overpaying. He could still come back in a few weeks or months with a lower bid.
