Twitter accepts buyout, giving Elon Musk total control of the company - Page 1
Forum section: electronics / general

author: Black Phoenix
author_rank: Super Contributor
timestamp: April 26, 2022, 12:39:37 am
content: https://www.theverge.com/2022/4/25/23028323/elon-musk-twitter-offer-buyout-hostile-takeover-ownershipOne of the richest man in the world controlling one of the biggest social media platforms... The amount of user data now Musk owns is scary. Need to see how it will be used.This will go so well... /s

author: MrMobodies
author_rank: Super Contributor
timestamp: April 26, 2022, 01:04:34 am
content: Joke: I can see one day whether you want it or not:Twitter feeds in your Tesla's car screen.I would like to see what Thunderf00t would say about that.I remembering him being obsessive and critical of Elon Musk in his videos.

author: ataradov
author_rank: Super Contributor
timestamp: April 26, 2022, 01:07:55 am
content: Given that he would take it private, there is a good chance he just runs it into the ground. He can say FU to FTC and they are powerless to do anything, but he will have a rude awakening when he meets authorities in other countries.

author: CatalinaWOW
author_rank: Super Contributor
timestamp: April 26, 2022, 01:24:21 am
content: It is amusing that there seems to be wide agreement that he will ruin or misuse it. There is almost no agreement on what he will do wrong, but just about everyone is sure their ox will be gored.I'm not a Twitter user so I have no idea what might be right or wrong now, or what might be fixed or broken. Perhaps Justin Bieber will lose thousands of followers. Or something else horrific. It is interesting that what appears to be a very modest communication application has achieved such importance.

author: Bud
author_rank: Super Contributor
timestamp: April 26, 2022, 01:27:14 am
content: Maybe he wants it as an investment and will resell after some years.

author: ataradov
author_rank: Super Contributor
timestamp: April 26, 2022, 01:40:39 am
content: It was arguably overpriced before he inflated the price even more with his trolling, and he is paying a lot more over current market value. He would have to increase its real value to make it a good investment.And pump and dumping shitcoins is not going to do this.

author: msuffidy
author_rank: Frequent Contributor
timestamp: April 26, 2022, 03:06:28 am
content: Well if you were a wealthy person would you want to spend 44 billion buying Twitter? Sorry we lost the moon. Well at least they won't have to worry about blowing up astronauts anymore in court.

author: raptor1956
author_rank: Frequent Contributor
timestamp: April 26, 2022, 03:22:30 am
content: Unlike almost every other CEO, Musk uses social media like Twitter to market his companies and himself and to make statements that benefit him and frequently attack various governmental agencies like the FAA. I think he see's Twitter as a means to an end. If he allows Trump and others that have been banned back onto Twitter he will ingratiate himself with Republicans and perhaps enlist them to help him deal with the FAA. And I can see it working. OTH, if something bad happens, like, say for example, a crash of Starship into or near South Padre Island, then he could find himself in much the same boat as Boeing did with the 737Max fiasco which implicated the FAA for, ... wait for it, not doing their job.It may also be the case that Muck think's he has some ideas to make Twitter bigger and better and that could sufficiently increase valuations to make it worth it to him. With as many Musk-ites as there are that champion him as a once-in-a-century genius the mere fact that he makes a change could raise stock prices substantially.I can't quite see how this would make any significant difference to Starlink, but we shall see...Brian

author: daqq
author_rank: Super Contributor
timestamp: April 26, 2022, 06:08:15 am
content: Given that the current form of Twitter is a horrible cesspit, I don't see how he could make it worse. Good luck to him.Anyway:

author: james_s
author_rank: Super Contributor
timestamp: April 26, 2022, 06:16:08 am
content: Quote from: ataradov on April 26, 2022, 01:07:55 amI'm not sure I would be too sad to see that happen. Personally I have never understood the appeal of Twitter. A friend convinced me to try it out around 10 years ago, I deleted my account after a day and never looked at it again. It strikes me as a highly toxic cesspool of echo chambers and mobs.

author: nctnico
author_rank: Super Contributor
timestamp: April 26, 2022, 07:00:10 am
content: Quote from: ataradov on April 26, 2022, 01:07:55 amVery likely so. If twitter turns into an even worse disinformation turd then it likely will be blocked in many countries -even in the the EU-.

author: Ed.Kloonk
author_rank: Super Contributor
timestamp: April 26, 2022, 07:36:10 am
content: Reported that the twitter employees are having a fit. Then Tim Pool pointed out that half of them drive Teslas.Boom.

author: ataradov
author_rank: Super Contributor
timestamp: April 26, 2022, 07:50:13 am
content: Quote from: Ed.Kloonk on April 26, 2022, 07:36:10 amI don't see how those things are related. If I drive a Tesla, I should be ok with whatever Musk does?They are about to work for a self involved asshole, of course they are not happy.

author: james_s
author_rank: Super Contributor
timestamp: April 26, 2022, 08:14:07 am
content: Quote from: ataradov on April 26, 2022, 07:50:13 amSooo, like everybody that works for any big corporation anywhere?I don't think Musk is any worse than the rest. Actually as far as wealthy CEOs go I quite like him, he's a colorful character.

author: Ed.Kloonk
author_rank: Super Contributor
timestamp: April 26, 2022, 08:30:32 am
content: As far as rich overlord manics go, I think they got lucky. Could've been worse.

author: Black Phoenix
author_rank: Super Contributor
timestamp: April 26, 2022, 08:56:18 am
content: Quote from: Ed.Kloonk on April 26, 2022, 07:36:10 amThat's the same as Dave selling the forum to the Group Fortive and then you say that most of the users own or owned a product from one of the companies that compose the Group Fortive so it's OK and the fit is unnecessary.One thing doesn't take to the other...

author: magic
author_rank: Super Contributor
timestamp: April 26, 2022, 08:57:15 am
content: Quote from: james_s on April 26, 2022, 06:16:08 amI know a few of the sort of people who use Twitter.In short, it's exactly how you described it, and it's a feature rather than a bug. Twitter attracts nutters who see themselves as changing the world with political agitation and lets them meet similar nutters of the same or opposite polarity and agitate each other ad nausea. You go there for the thrill of experiencing first hand just how many scary communists/nazis (whichever applies) really exist out there, exchanging a bunch of memes and insults, blocking and reporting those you don't like and leaving the interaction absolutely convinced that your side have won and you left the world a better place.Quote from: Ed.Kloonk on April 26, 2022, 07:36:10 am

author: Zero999
author_rank: Super Contributor
timestamp: April 26, 2022, 09:06:17 am
content: It's obvious it's not about money, but purely political. Twitter is currently aligned to one political party. I hope Musk will make it more neutral, but he'll probably just push it to the opposite political leaning.

author: wraper
author_rank: Unknown
timestamp: April 26, 2022, 09:32:34 am
content: Quote from: Black Phoenix on April 26, 2022, 12:39:37 amAs if it will be used any worse than now. As if currently Twitter and other social media are owned by some innocent saints and not billionaires including Saudis.

author: langwadt
author_rank: Super Contributor
timestamp: April 26, 2022, 09:33:16 am
content: Quote from: CatalinaWOW on April 26, 2022, 01:24:21 ammore like fear that "bad opinions" and things that haven't been signed off by the ministry of thruth, won't be suppresed ....

author: Wallace Gasiewicz
author_rank: Super Contributor
timestamp: April 26, 2022, 11:13:50 am
content: I think this is obvious. Teslas are self driving at this point.So Musk needs to give the owner (former driver) something to do while the car is driving.Twitter will work just fine on heads up display. But this is not even necessary since you no longer need to keep your eyes on the road.

author: PartialDischarge
author_rank: Super Contributor
timestamp: April 26, 2022, 11:47:32 am
content: Quote from: nctnico on April 26, 2022, 07:00:10 amLol, disinformation defined as what you don't want me to say, because you are the rightful and undeniable holder of all truth, and even the EU is taking this horrendous path of absolutism

author: Psi
author_rank: Super Contributor
timestamp: April 26, 2022, 12:01:37 pm
content: Quote from: nctnico on April 26, 2022, 07:00:10 amIf he does exactly what he's saying he will, and twitter turns into a 100% free speech platform. It will likely be blocked in a totally different set of countries.When working at these sort of scales there's no 'perfect solutions' you are always going to annoy a very large number of people regardless, and a subset of them will attack you very vocally.All you can really control is your intentions.

author: PartialDischarge
author_rank: Super Contributor
timestamp: April 26, 2022, 12:02:14 pm
content: Quote from: ataradov on April 26, 2022, 01:07:55 amI hope that whatever you do in electronics has more logic and reasoning than this statement lol

author: PartialDischarge
author_rank: Super Contributor
timestamp: April 26, 2022, 12:06:02 pm
content: Quote from: Psi on April 26, 2022, 12:01:37 pmYou are admitting that it would be the countries policies that would become tyrannical and not twitters. There is nothing wrong with free speech unless it hurts someones agenda.As a note, today the inventor of mRna vaccines, Robert Malone is back again on twitter, where he can now say that ivermectin greatly helps in curing covid as an early treatment.

author: Psi
author_rank: Super Contributor
timestamp: April 26, 2022, 12:09:57 pm
content: Quote from: PartialDischarge on April 26, 2022, 12:06:02 pmNot sure how I can be 'admitting' anything, I've not stated if i'm for or against the sale.Quote from: PartialDischarge on April 26, 2022, 12:06:02 pmI would argue there's nothing wrong with free speech even when it does hurt someone's agenda.

author: magic
author_rank: Super Contributor
timestamp: April 26, 2022, 12:16:36 pm
content: Quote from: PartialDischarge on April 26, 2022, 11:47:32 amThe EU has been a hyena in wolf's clothing since inception, i.e. a bunch of commies pretending to be capitalists, because that's the message the sheep wanted to hearThey have long been at the forefront of efforts to secure freedom of speech by censorship, at least as far as the "developed" world goes.Unbanning this one account would suffice for Twitter go get nuked here:https://twitter.com/rt_com

author: gnif
author_rank: Unknown
timestamp: April 26, 2022, 01:08:27 pm
content: Locking as per the request of the OP for reasons I also agree with.This thread has gone off topic and is devolving into politics and conspiracy.