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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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  • 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 Offline
        CopperC Offline
        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 Online
                  jon-nycJ Online
                  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 Offline
                      MikM Offline
                      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
                          • Doctor PhibesD Doctor Phibes

                            What does BTW mean?

                            I'm lost.

                            taiwan_girlT Offline
                            taiwan_girlT Offline
                            taiwan_girl
                            wrote on last edited by
                            #328

                            @Doctor-Phibes

                            @Horace speaks street. Listen to him. LOL

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #329

                              Solid.

                              Actually, I think that might be 1950's hipster talk.

                              I was only joking

                              1 Reply Last reply
                              • jon-nycJ jon-nyc

                                Pass the popcorn, George.

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #330

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

                                Pass the popcorn, George.

                                "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
                                • jon-nycJ jon-nyc

                                  Pass the popcorn, George.

                                  George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by George K
                                  #331

                                  @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.

                                  "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
                                  • CopperC Offline
                                    CopperC Offline
                                    Copper
                                    wrote on last edited by
                                    #332

                                    So now he has $44 billion burning a hole in his pocket.

                                    What will he buy next?

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #333

                                      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.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      HoraceH 1 Reply Last reply
                                      • jon-nycJ jon-nyc

                                        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.

                                        HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote on last edited by
                                        #334

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

                                        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.

                                        Yep. Overpaying, using a significantly reduced personal fortune.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #335

                                          Twitter: "You MUST buy."

                                          "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
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