DeepEnigma
Gold Member
Of course they do, but those are a far cry to the up to the minute spotlight on me trending format that makes Twitter so desirable for them.
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Elon Musk buys Twitter
- Thread starter Star-Lord
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DragoonKain
Neighbours from Hell
In reality not much is going to change if he does buy it. The hope is the paranoid freaks would see that nothing has changed and there isn't some cult of "Nazis" ready to flood the platform once Elon buys it to cause a bunch of shit.
But alas, I think it's obvious what will happen. Those who decide to stay, which will be most people because they're addicted to it, are going to blame every single shitpost on Elon, even if the platform is the exact same as it was before he bought it.
One blue hair gets ripped for some dumb take: "This place is so hateful now. It was never this way before that bigot Elon bought it"
But alas, I think it's obvious what will happen. Those who decide to stay, which will be most people because they're addicted to it, are going to blame every single shitpost on Elon, even if the platform is the exact same as it was before he bought it.
One blue hair gets ripped for some dumb take: "This place is so hateful now. It was never this way before that bigot Elon bought it"
Fake
Member
Was people (over Twitter) saying 'put an edit button over Twitter would probably be very big'?
Elon really want to move foward the ideia of the edit button.
///PATRIOT
Banned
BaneIsPain
Member
DeepEnigma
Gold Member
Explains a lot of... cultural & political influencing here.
He's literally having them expose themselves to the world.
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DeepEnigma
Gold Member
What if I told you, it's not about the money in this case.Twitter was at what, like $29, before Musk bought 9% and they don't think $54 is enough?
///PATRIOT
Banned
So that would be it, it's over?
Dural
Member
I know, it's just a bit ridiculous for someone to say it's not enough when it's nearly double what the stock was at before he got involved.
Punished Miku
Human Rights Subscription Service
He's a good guy. He's just accidentally the richest person on the planet also. Geez.
Darth_Ghandi
Banned
I mean, I 100% think big tech should be broken up. Shame mother party in the US has the balls to encourage growth and stop consolidation.
77% of Twitter stock is owned by institutional investors and mutual funds. Presumably they should have a fiduciary duty (depending how some of them are registered) to maximize shareholder value. I haven't really looked at the Financials of Twitter but it's a 38% bump over the price on April 1st.
If they don't take the offer he dumps the stock and it tanks the price. There are likely short sellers waiting to see if they take his deal, and if they don't they'll short the stock and tank it some more. I think shareholders could sue as well if they think the company isn't putting their interests first, and that leads to a massive sell off tanking value.
Not a good spot for Twitter to be in, but it's entertaining.
If they don't take the offer he dumps the stock and it tanks the price. There are likely short sellers waiting to see if they take his deal, and if they don't they'll short the stock and tank it some more. I think shareholders could sue as well if they think the company isn't putting their interests first, and that leads to a massive sell off tanking value.
Not a good spot for Twitter to be in, but it's entertaining.
Frank Horrigan
Banned
Musk doesn't just get access to the platform of Twitter, gets access to the keys to the backdoors of everyones' private exchanges - where there must be lots and lots of skeletons.
Men_in_Boxes
Snake Oil Salesman
NickFire
Member
They actually equate promoting free speech with behaving like a movie supervillain?
DeepEnigma
Gold Member
They actually equate promoting free speech with behaving like a movie supervillain?
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
Really wish he would rush this pump n dump along. It's clogging up my news feed everytime he talks about it.
DeepEnigma
Gold Member
It's like a script.
Kraz
Member
Elon's suggested approach to the checkmark is interesting. It's generally perceived as a type of accreditation from being connected to professional accounts that it's used by readers to quick squelch rando-noise. Real accreditation being useful for noise reduction is something a competitor could offer for a migration if twitter doesn't adapt something with Elon's proposed changes.
Aesius
Member
I can verify that at least some Twitter employees have been brainwashed into believing that free speech is dangerous/undesirable. I have an extended family member who works at Twitter and when Mark Zuckerberg of all people was publicly pushing for free speech in late 2019, this person was apoplectic and said it has no place in modern society. I could tell that their rant was essentially just a regurgitation of what they'd been fed at work. So yeah, the idea that Elon may buy the company and stop the censorship is probably terrifying to just about every Twitter employee.
DeepEnigma
Gold Member
There "new" CEO has said this in interviews in the past. So it all starts at the top.
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
To be honest at this point I wouldn't be surprised if musk really was reading off of one given how textbook everything he's done so far is when it comes to raising the stock price that he just heavily invested in.
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Frank Horrigan
Banned
Can Twitter say no to him? He's almost certainly issued a threat and the threat is 'Accept my offer or watch your stock price drop like a stone to the point where your company becomes worthless, meanwhile I'll go start a competitor.'
Billy 'buy-em out boys' Gates used this tactic to great success. Can Musk?
Billy 'buy-em out boys' Gates used this tactic to great success. Can Musk?
DeepEnigma
Gold Member
They can, but there is a high potential the stock will tank, possibly lower per share than it was pre-share purchase.
So they are in quite the dilemma.
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Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
Musk is not trying to tank Twitter he's trying to jack the stock price up as high as he can while boosting his public image by pretending to care about the little people and then he's going to dump his portion for massive profits with a "hey guys I tried! *shrug*" and then he's going to lay down on the enormous pile of cash that he just made from this little stunt.
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EverythingsOverrated
Member
Doubt it happens, but I want to see this to happen to experience the freakouts. It would be non stop hilarity for at least a few weeks.
DeepEnigma
Gold Member
Stop thinking of one of the smartest business men in the world, would think so simplistic like you and whatever it is you read parroting this. Probably on Twitter.
The man also has Asperger's, so I genuinely believe he is one of his convictions when he sets his mind to something. His TED talk today cemented that with me.
TTOOLL
Member
Yeah, because he REALLY needs money. Guy is a visionary, you may like him or not, but to deny facts? C'mon...
Btw, he just said at TED he has a plan B, of course he didn't disclose it.
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Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
So you genuinely believe that in his heart of hearts the richest man in the world gives two craps about what a bunch of idiots are saying on social media? And that he is willing to spend billions of dollars in his own money out of the goodness of his heart to protect the free speech of the masses (despite this not being a free speech issue)?
Come on Deep. You're smarter than that. This is about money. Not "freedom". Even if his offer is genuine and he actually did gobble up Twitter all he would do is perform surface level reforms that look good but don't actually change anything in order to drive that price even higher and then within a year or two pass it along for massive profit.
Because as you said he is a smart guy which means he's smart enough to know that unfettered free speech like the kind he is preaching about would tank the company.
Vicetrailia
Member
Elon has no idea what freedom of speech even means.
This is a dog and pony show.
This is a dog and pony show.
DeepEnigma
Gold Member
While I have reservations and do subscribe to "controlled opposition" theory on a lot of key players, I am willing to take his convictions seriously until he proves himself wrong.
The man started a company to better the environment, is working feverishly to reduce the stress on the environment with raw materials, and has always spoken out about the betterment of mankind. Regressive authoritarian tactics the ultra rich social media paradigms are more of a threat, and we've all seen these television shows and movie scripts before.
"Unfettered free speech" do tell what he means by that. His words and explaining, not what someone who interpreted and twisted his words in an article wrote.
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///PATRIOT
Banned
You sound pretty salty, though. Are you by any chance one of those "Twitter should not allow misinformation" "twitter is a private company, they can do what they want" "they violated Twitter's TOS so that's why they were banned" crowd?
Let's say Musk manages to buy Twitter outright and pushes it in a direction more favourable to the right. At that point, will all the left-wingers who argued that conservatives being censored is fine, because Twitter is a private company and therefore free speech rules don't apply, stick to their guns and accept the same treatment they were happy was allegedly happening to conservatives? Somehow, I have doubts.
That's why you have values you believe in because you have thought them through, rather than just following a team. The bad things you celebrate happening to others will one day come back to bite you, and then your shallowness and hypocrisy leave you without a leg to stand on.
That's why you have values you believe in because you have thought them through, rather than just following a team. The bad things you celebrate happening to others will one day come back to bite you, and then your shallowness and hypocrisy leave you without a leg to stand on.
DeaDPo0L84
Member
Your news feed clogged up with the people you follow screeching about how they'll never use the platform again?
///PATRIOT
Banned
Explain... I bet you think the fundamentalists and ministers of truth do, right?
NickFire
Member
Convictions matter to some people. I know that can be hard to understand for some people, but it is true.
Come to think about it, the people most against this already know how important convictions can be to people. Just look at how f'd up our country has become to stop mean tweets.
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Yep he said today on the TED talk that economics don't come into play at all for him with Twitter. He's not out for a profit. He genuinely wants an open and free platform for duscussion.
Frank Horrigan
Banned
Could Musk be looking for a well known social media platform to go along with his Starlink company? He did say years ago that he wanted to bring free, open internet to everyone on the planet.
Is the Plan B to buy Reddit or 4chan?
Is the Plan B to buy Reddit or 4chan?
DeepEnigma
Gold Member
This is where we are doomed if we don't wise up.
Free speech is now a platform "of the right," when it used to be a platform for all 10+ years ago outside the extreme fringes nobody paid attention to other than to point and laugh at.
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Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
You're right he doesn't need the money.
Rockefeller, Carnegie, Vanderbilt, and Morgan didn't need the money either. Didn't stop them from piling those stacks of cash to see how high they would go. Musk and his contemporaries are the modern day versions of such people. They didn't get to where they are by doing things out of the goodness of their heart. It's not about having enough. It's about how much you can get and how smart/savvy you can look while you do it.
DeepEnigma
Gold Member
Nobody_Important
“Aww, it’s so...average,” she said to him in a cold brick of passion
Yes I am a part of reality.
OmegaSupreme
advanced basic bitch
Your salt about this is entirely to predictable and boring. If this were more someone who follows your ideology you'd be singing their praises and supporting this.
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