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Elon Musk to buy Twitter

https://techcrunch.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-43-billion/

Quote

The Twitter and Elon Musk saga is far from over as Elon Musk has made an offer to buy Twitter in an SEC filing. The billionaire has said he is willing to pay $54.20 per share to buy 100% of the company. It would be an all cash offer and would value the social network at $43.4 billion.

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Elon Musk wrote in an email to Bret Taylor, Twitter’s chairman of the board (and Salesforce co-chief executive). The email is reproduced in today’s SEC filing. “However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

“As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder,” he added.

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  • Once Musk has control, Twitter will eventually turn into the thing Trump was trying to create on his own, but of course was unable. I love Twitter...it's my favourite of all social media platforms, an

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1 hour ago, Rich said:

I like some of the suggestions he has made, including open sourcing the algorithms used to determine feeds for transparency give me a wait and see what he does.  

He thinks he can also get rid of the bots   That I’m not sure is so easy   

 

This would be huge if he can pull it off. A lot of people seem to forget that a bunch of the hate spewed on SM are bots/trolls.

2 hours ago, Rich said:

I like some of the suggestions he has made, including open sourcing the algorithms used to determine feeds for transparency give me a wait and see what he does.  

He thinks he can also get rid of the bots   That I’m not sure is so easy   

 

yeah so am I, I mean it would be amazing if he would do something about those bots, when I click on This trend is harmful or spammy, I want it gone for keeps,  you have any idea how annoying it is when I keep seeing so many Anti-trudeau tweets and I keep saying we have it pretty darn good under Trudeau considering the current events

If I had 44 Billion Dollars I would have recreated my favourite vacation spot: the old Holiday Inn in Grand Forks before the Expresses took over, and I would have enough left over to include the pool, the arcade and billiard tables, not to mention the golf area (I don't know why either) and that Hockey game that was supposed to recreate the Miracle on Ice, however I would have included the Breakfast nook from the expresses 

According to Nahanni Fontaine, he should have spent the money on combatting climate change

Maybe he should try to sell EVs...or something

Considering how many other things she could have said, it's hilarious that she chose that topic

 

https://www.businessinsider.com/elon-musk-twitter-moderation-eu-dsa-thierry-breton-2022-4

Quote

One of the European Union's top lawmakers has issued a warning to Elon Musk over his takeover of Twitter.

EU commissioner for the internal market Thierry Breton warned Musk against getting too lax on content moderation in comments to The Financial Times.

 

Breton told The FT he wanted to give Musk a "reality check" on his plans for more relaxed content moderation.

"We welcome everyone. We are open but on our conditions. At least we know what to tell him: 'Elon, there are rules. You are welcome but these are our rules. It's not your rules which will apply here,'" Breton told The FT.

Breton was one of the driving forces behind the Digital Services Act, a new package of EU legislation that passed Saturday, bringing in stricter laws on how tech giants moderate content on their platforms.

He said Twitter's board will have to meet Europe's laws on issues including moderation, transparency, and hate speech.

Breton said if Twitter fails to comply, the EU could fine the company 6% of its annual revenue or even ban it from operating in Europe entirely.

 

I heard recently 25 percent of North america uses Twitter.  I am not one of them. 

3 minutes ago, Piggy 1 said:

Elon for President........

It could happen you know

Elon vs The Rock 

But he's not even really American so unlikely 

Altho Obama was born in Kenya so.... 

(My understanding of Twitter is what used to be written on public washroom stalls. ) 

Edited by Goalie

4 minutes ago, Goalie said:

(My understanding of Twitter is what used to be written on public washroom stalls. ) 

Like any other social media - it feeds you according to what you retweet or like

5 minutes ago, Mark H. said:

Like any other social media - it feeds you according to what you retweet or like

Twitter? Nm.  The comments are a little much. Racism and other garbage spewed about like Facebook lol  Even on Jets and delish comments.  

Edited by Goalie

17 minutes ago, Goalie said:

Twitter? Nm.  The comments are a little much. Racism and other garbage spewed about like Facebook lol  Even on Jets and delish comments.  

If you believe the Jets suck, twitter will reinforce that for you

If you believe Covid will kill us all, twitter will reinforce that for you

15 minutes ago, Mark H. said:

If you believe the Jets suck, twitter will reinforce that for you

If you believe Covid will kill us all, twitter will reinforce that for you

So it's basically Facebook. K 

  • 2 weeks later...
  • 1 month later...

I said it before I will say it again Elon Musk is a putz a uber rich man but a putz non the less

  • 2 months later...
  • 7 months later...

https://www.bbc.com/news/world-us-canada-65536392

Quote

Ousted Fox News host Tucker Carlson has announced he is launching a new show on Twitter.

The announcement came in a video on the social media site two weeks after his sudden exit from Fox News.

Carlson said: "You can't have a free society if people aren't allowed to say what they think is true."

Elon Musk said Twitter had not signed a deal with the host, who would be subject to the same rules as other "content creators".

On Tuesday, Carlson said he would be bringing a "new version" of his show to Twitter soon in a message captioned "we're back".

2 hours ago, JCon said:

Apartheid Elon is bring Fascist Carlson to his app. Wow, so shocking. 

Birds of a feather flock together and apparently that applies to turkeys.

3 hours ago, JCon said:

Apartheid Elon is bringing Fascist Carlson to his app. Wow, so shocking. 

might be the last straw for many people. Carlson is key figure in the attempt to overthrow the government. as someone mentioned, he will be attacking our country. 

not that it matters, but Im done with twitter.

account  just deactivated. 30 days it will be deleted.

 

Edited by Mark F

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