Musk & Twitter
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If you’ve followed Elon Musk’s twitter the past several days, it looks like he is seriously contemplating development of his own rival twitter-style social media ticker. Could be hype, but he has the tech savvy and deep pockets to do it if he’s commited, and he is a publicity master.
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@kid-chocolate said in Tech, monopolies, censorship:
If you’ve followed Elon Musk’s twitter the past several days, it looks like he is seriously contemplating development of his own rival twitter-style social media ticker. Could be hype, but he has the tech savvy and deep pockets to do it if he’s commited, and he is a publicity master.
It would be better if he just took over Twitter and cleaned house.
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@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
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@kid-chocolate said in Tech, monopolies, censorship:
@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
Well he's no longer part of Twitter so not sure his opinion is that important anymore.
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@kirwan said in Tech, monopolies, censorship:
@kid-chocolate said in Tech, monopolies, censorship:
@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
Well he's no longer part of Twitter so not sure his opinion is that important anymore.
He is the 7th biggest shareholder still with 2.25%. The largest only has 8.79%, so his stake is meaningful.
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@tewaio said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@kid-chocolate said in Tech, monopolies, censorship:
@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
Well he's no longer part of Twitter so not sure his opinion is that important anymore.
He is the 7th biggest shareholder still with 2.25%. The largest only has 8.79%, so his stake is meaningful.
Fair point, seems like a decent guy too. Felt like he got pushed out, so was referring more to the fact he’s not steering the ship anymore.
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@kirwan said in Tech, monopolies, censorship:
@tewaio said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@kid-chocolate said in Tech, monopolies, censorship:
@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
Well he's no longer part of Twitter so not sure his opinion is that important anymore.
He is the 7th biggest shareholder still with 2.25%. The largest only has 8.79%, so his stake is meaningful.
Fair point, seems like a decent guy too. Felt like he got pushed out, so was referring more to the fact he’s not steering the ship anymore.
Yeah agree he seems a good guy and anti-censorship, but I get the impression that wasn't the overall cultural direction at Twitter any more so he exited the mgmt team.
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@tewaio said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@tewaio said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@kid-chocolate said in Tech, monopolies, censorship:
@kirwan Dorsey replied to one of Musk’s tweets about his concerns and seems like he wouldn’t be opposed to the idea.
Well he's no longer part of Twitter so not sure his opinion is that important anymore.
He is the 7th biggest shareholder still with 2.25%. The largest only has 8.79%, so his stake is meaningful.
Fair point, seems like a decent guy too. Felt like he got pushed out, so was referring more to the fact he’s not steering the ship anymore.
Yeah agree he seems a good guy and anti-censorship, but I get the impression that wasn't the overall cultural direction at Twitter any more so he exited the mgmt team.
Well that and he was CEO of two companies and he's clearly more interested in the one that is far less controversial
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The good ol’ days. Ahh, me olde Gandalf box, rec.sport.rugby-union, etc. Sure it was the wild west, and dial-up had me punching walls, but “amazing” is right.
Make the Internet Great Again.
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“Twitter remains, by Elon’s own admission, the de facto public town square. Despite its severe censorship, it is still the only major digital public space where anonymous accounts can interact with celebrities, journalists and business titans (including Elon), where world leaders engage in spirited public diplomacy, and where dominant cultural and political narratives incubate and spread. “
The Battle of the Century: Here's What Happens if Elon Musk Buys Twitter - Revolver News
If Elon Musk boldly bought Twitter and actually restored free speech, it would kick off the Mother of All Battles with the American Regime.
“If Elon Musk bought Twitter and did nothing more than return it to the speech norms it had ten years ago, that act alone would constitute a “national security threat.” The threat posed to America’s joke institutions and the clowns who run them would be, in fact, existential.”
[…]
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lol - Musk discloses a 9.2% stake in Twitter.
Twitter might hurriedly attempt to put into place all kinds of anti-takeover provisions.
Twitter surges 30% as Elon Musk takes big stake that some believe is 'just the start'
Tesla (TSLA) and SpaceX Chief Executive Elon Musk has disclosed that he owns 73.5 million shares of Twitter (TWTR), good for a 9.2% passive stake in the company
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@kid-chocolate coz let's put the crook in charge. Elon fanboi-ism is a symptom of the social media age not a panacea for its ills.
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@dogmeat said in Tech, monopolies, censorship:
@kid-chocolate coz let's put the crook in charge. Elon fanboi-ism is a symptom of the social media age not a panacea for its ills.
As are paragraphs like the above.
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@kirwan Fair point, but this isn't Twitter - thankfully and I'm not trying to portray myself as the saviour of mankind. I would however be locked up if I tried to get away with some of the stuff Musk has.
Anyway I will back off now having made my contempt for St Elon clear (again
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Honestly, I have no idea wtf that means.
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More Elon fanbois. I’m getting seriously, seriously concerned this could become a contagion.
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@kid-chocolate said in Tech, monopolies, censorship:
More Elon fanbois.
Is there a place to recognise his achievements while thinking he's a dick? I'm super impressed with what he's done with Tesla and SpaceX, but honestly, he's a bit of a dick.
CEO Adulation is a US thing too, they revere them the way they do with Coaches. I've never really understood why... it's a cultural thing.
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Could be a political meme, but the shoe fits here too.
Bullseye!
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@kid-chocolate said in Tech, monopolies, censorship:
Could be a political meme, but the shoe fits here too.
Bullseye!
I thought Twitter was a publicly listed company??
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@hooroo it is, but when they get into censorship drama they fall back on we are a private company and can moderate how we see fit.
Think hoisted by their own petard.
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@kirwan said in Tech, monopolies, censorship:
@hooroo it is, but when they get into censorship drama they fall back on we are a private company and can moderate how we see fit.
Think hoisted by their own petard.
I suppose they can based on what their owners want.
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@nzzp said in Tech, monopolies, censorship:
@kid-chocolate said in Tech, monopolies, censorship:
More Elon fanbois.
Is there a place to recognise his achievements while thinking he's a dick? I'm super impressed with what he's done with Tesla and SpaceX, but honestly, he's a bit of a dick.
CEO Adulation is a US thing too, they revere them the way they do with Coaches. I've never really understood why... it's a cultural thing.
To use the rugby analogy, someone can be a great player and be a dickhead. The worst part of Elon Musk is his stream of consiousness on Twitter. And his dancing.
Saw a great quote about all this; Elon is putting his money where his mouth is.
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@hooroo said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@hooroo it is, but when they get into censorship drama they fall back on we are a private company and can moderate how we see fit.
Think hoisted by their own petard.
I suppose they can based on what their owners want.
Yep. Where it gets creepy is when like minded companies band together to decide what can be online or not. So you get Twitter, Patreon, online payment companies and credit card companies de-platforming people and new compnaies to create a closed shop.
That shouldn't be allowed.
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Musk makes offer to buy Twitter (seems like a lowball offer to me)
Elon Musk offers to buy Twitter for $54.20 per share (NYSE:TWTR)
Tesla (TSLA) founder Elon Musk is offering to buy Twitter (TWTR) for $54.20 per share in cash, according to a regulatory filing Thursday.
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LOL!
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@dogmeat said in Tech, monopolies, censorship:
@kirwan Fair point, but this isn't Twitter - thankfully and I'm not trying to portray myself as the saviour of mankind. I would however be locked up if I tried to get away with some of the stuff Musk has.
Anyway I will back off now having made my contempt for St Elon clear (again
)I'm not across Musk's history (Just that he does batteries and space shit, and was married to a weird Canadian singer). Please elucidate.
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Nice comment I read - It was all good when Twitter was run by Jack/Parag and his Merry Woke Band of Cancellers. But the thought of Elon introducing free speech, giving everyone a voice, instituting rational oversight, and eliminating cancellation, is just terrifying for some people and for the progressive left narrative.
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@frank said in Tech, monopolies, censorship:
Musk makes offer to buy Twitter (seems like a lowball offer to me)
Elon Musk offers to buy Twitter for $54.20 per share (NYSE:TWTR)
Tesla (TSLA) founder Elon Musk is offering to buy Twitter (TWTR) for $54.20 per share in cash, according to a regulatory filing Thursday.
I think he's doing it so he can walk away with his pride when his offer gets rejected - or at least, now he gets a 'win' either way.
He has legal trouble as well and if I were an investor in the states I'd be expecting the authorities to do something about him ignoring their rules. If he can do whatever he wants, they'll be shown to be completely useless.
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@gt12
I disagree. I think he genuinely believes in free speech and wants to change the company either through activism or taking it over.As for the legal trouble, he'll probably just be fined.
I also think it possible a bidding war develops for Twitter.
I also read the Twitter BOD is preparing a "poison pill" should Musk raise his stake.
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@frank said in Tech, monopolies, censorship:
@gt12
I disagree. I think he genuinely believes in free speech and wants to change the company either through activism or taking it over.As for the legal trouble, he'll probably just be fined.
I also think it possible a bidding war develops for Twitter.
I also read the Twitter BOD is preparing a "poison pill" should Musk raise his stake.
He may or may not, but either way I don’t think he’s taking over Twitter.
I’m happy to take the bet - first beer when I’m in Taiwan next time?
I also don’t think Musk cares about anyone except Elon Musk.
I find him really distasteful - he’s brilliant, truly amazing as a product developer/entrepreneur - but he’s a fluffybunny.
Edit: btw I think you may be right about the fine, which will be nothing to him anyway.
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@gt12
I am not saying he will necessarily take it over (he might), just that accumulating that size a stake means he wants to effect *(at a minimum) some kind of meaningful changes in the company's practices.Agree with your take on him in part, but he has achieved great things and deserves a lot of respect (edited)
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I don't think he's a fluffybunny at all. I think he's reckless and careless and irresponsible when it comes to his public comments. But I don't think he does what he does for any personal profile purpose. He's rich enough to not care what people think anymore. And the stuff he has achieved has been simply astonishing. Sure he seems grandiose at times, but maybe that's what's needed to achieve big things like he's done.
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I think this tweet is based on the idea the Twitter is very much an ideological political company and will do everything in its power to keep Musk from making ideological changes. Cuban also reckons Musk is in it for a quick profit and isn't serious about free speech changes. I think he's wrong, but we will see.
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Amusingly, it turns out one of Twitters shareholders is the Saudi prince.
Makes those Twitter employees caught spying for Saudi Arabia look even more dodgy. And doesn’t do much for their reputation for free speech.
He turned down Elons offer FYI
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@kirwan said in Tech, monopolies, censorship:
@hooroo said in Tech, monopolies, censorship:
@kirwan said in Tech, monopolies, censorship:
@hooroo it is, but when they get into censorship drama they fall back on we are a private company and can moderate how we see fit.
Think hoisted by their own petard.
I suppose they can based on what their owners want.
Yep. Where it gets creepy is when like minded companies band together to decide what can be online or not. So you get Twitter, Patreon, online payment companies and credit card companies de-platforming people and new compnaies to create a closed shop.
That shouldn't be allowed.
It should soon be interesting as the UK is currently passing legislation on social media which which will enshrine free-speech and removes the companies power to do that. What is harmful contact or not will be decided by an independent body and not social media companies.
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I can feel their trauma.
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As expected.
Twitter board adopts poison pill as Musk takeover defense (NYSE:TWTR)
Twitter (TWTR) has adopted a shareholder rights plan - a "poison pill" designed to keep control in the company from being consolidated in the wake of Elon Musk's surprise takeover bid
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Elon Musk considering bringing in partners on Twitter bid, sources say
Elon Musk is speaking to investors who could partner with him on a bid for Twitter, sources close to the matter told The Post.
