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Atticus_Finch
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Musk offers to buy twit - $43 billion
Apr 14 2022 06:12AM more by Atticus_Finch
Tags: Current Events

Well we now know why Elon turned down a spot on the board.

He's now offering to buy buy to buy the platform outright. If this goes through it'll have every employee there, including the ceo, freaking out as they know they'll be unemployed as soon after he takes over.

Atticus Finch
Attached Links
Elon Musk Offers to Buy Twitter for $43B in Cash
      
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InsearchofStarfish
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Apr 14 2022 07:16AM     link to this

what's the first thing that comes to mind?



InsearchofStarfish
Santa Ana, OC, CA
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Apr 14 2022 07:29AM     link to this

this seems a little counterintuitive to what he is offering

"Twitter has extraordinary potential," Musk says in an SEC filing. "I will unlock it."
bwana
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Apr 14 2022 07:51AM     link to this

Musk's stock purchase may be illegal.
Attached Links
https://www.theguardian.com/technology/2022/apr/12/elon-musk-twitter-lawsuit-shares
InsearchofStarfish
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Apr 14 2022 08:04AM     link to this

pay a penalty...that's it



pieranna
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Apr 14 2022 10:04AM     link to this

MAINSTREAM MEDIA.. newscasters.. newspapers, Hollywood ect ect... are all in panic mode...LOL Especially CNN and MSNBC...
flash911
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Apr 14 2022 10:20AM     link to this

This is gonna be great.

Bye bye snowflakes, and the terms 'disinformation / misinformation' from our lexicon.

Let the meltdown commence.
InsearchofStarfish
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Apr 14 2022 10:29AM     link to this

probably won't go thru and he will dump the shit out of it


MAYBE a liberal consortium takes it private at lower price



flash911
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Apr 14 2022 10:42AM     link to this

And so it begins ...

Attached Links
Find it here
Attached Pictures
flash911
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Apr 14 2022 10:46AM     link to this

Translation: "My ideas and arguments are so weak they can't survive without Twitter censoring my opponents for me."

"Goebbels was in favor of free speech for views he liked. So was Stalin. If you're really in favor of free speech, then you're in favor of freedom of speech for precisely the views you despise. Otherwise, you're not in favor of free speech."
- Noam Chomsky
Night-Rider
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Apr 14 2022 10:56AM     link to this

I hope Elon Musk buys Twitter. I actually think Twitter and company have gone way too far with censoring people.

I understand the concern with violence concerning Donald Trump around January 6. I think those concerns were real, but there are less drastic measures than kicking off Donald Trump permanently. They could have had a month long time-out, or something like that.

This action has led to way too much censorship by Twitter, Facebook, Youtube, and the like. Someone tweeting about cloth masks not being effective will get kicked off, while a few months later public health officials will be saying the same thing.

(By the way, for the record, efficacy of cloth masks is still inconclusive IMO).

I wonder, though, how many people would leave Twitter if Musk buys it outright.
PSQ1
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Apr 14 2022 11:43AM     link to this

Billionaires buy media companies to exerted influence on the news and thus influence those that are a threat to their fortunes (i.e. politicians and to a lesser extent the people). 15 billionaires own the majority of USA news media and arguably Twitter - and Facebook - has become part of the news media ecosystem. So, Elon wants to join the below club.

Michael Bloomberg - Bloomberg LP and Bloomberg Media

Rupert Murdoch - News Corp

Donald and Samuel "Si" Newhouse - Advance Publications

Cox Family - Atlanta Journal-Constitution

Jeff Bezos - The Washington Post

John Henry - The Boston Globe

Sheldon Adelson - The Las Vegas Review-Journal

Joe Mansueto - Inc. and Fast Company magazines

Mortimer Zuckerman - US News & World Report, New York Daily News

Barbey family - Village Voice

Stanley Hubbard – Hubbard Broadcasting

Patrick Soon-Shiong - Tribune Publishing Co.

Carlos Slim Helu - The New York Times

Warren Buffett - regional daily papers

Viktor Vekselberg - Gawker
remo_williams
Irvine, OC, CA
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Apr 14 2022 11:45AM     link to this

makes no sense.

Sure twitter might sell advertising.

It's only had 2 years of net positive income..

43 Billion? Sure Musk is a smart guy, but shit, the annual TOTAL advertising in the US is bit over 200 billion. That's TV, Radio, Print, everything else.

So, sure, twittter can make money from advertising outside of the US..... I just have a hard time seeing how it's valued at 43 billion.that's more than Dell computer is worth.

More power to him though, his money, he sees something I don't.

PSQ1
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Apr 14 2022 12:25PM     link to this

Newspapers, - where Twitter kind of sits as an aggregator of news stories as links and opinions whether blue check people or randos - are not owned by people because they are profitable.

It's not about making money. It's about controlling the narrative and thus the people and the levers of power.
InsearchofStarfish
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Apr 14 2022 12:56PM     link to this

Mark Cuban says Elon Musk has opened the door for big tech competitors to snap up influence at — or even buy — Twitter.

“Elon will smile all the way to the bank"
Attached Links
https://twitter.com/business/status/1514630080823271430?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
lapierre
Seal/Sunset Beach, OC, CA
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Apr 14 2022 01:04PM     link to this

i would welcome if Musk end up taking over Twitter, there is way too much one sided censoring going on..
twitter is however an extremely dangerous platform though - great for distributing a single only version of any story. listed to me type communications.

imagine the power, someone with 5 mil followers calls you out and call you a thief - or rapist..
someone with 10 followers - not the same right?


Atticus_Finch
Chino/Chino Hills, Inland Empire, CA
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Apr 14 2022 04:41PM     link to this

'probably won't go thru and he will dump the shit out of it'

There's really no reason why it shouldn't go through. Elon's offering to buy it at double the current stock price.
The soon to be unemployed and worthless ceo - Parag Agrawal, can't use the excuse - it's bad for the share holders cause they'll double their investment.
If he and the board turn him down they better have a REALLY good reason other then - He's going to fire me and everyone else here that wants to keep censorship alive.

'Musk's stock purchase may be illegal.'

Yeah but look who's filed the law suit and is reporting on it being illegal - the one's who want to stop any opinions that differ from their own i.e. far left idiots and those that think the alphabet people are or should be a protected class or are special.

The problem is that people i.e. the far left idiots, have forgotten what the WWII generation and baby boomers have always known - America's a tough nation to live in: You HAVE to listen to someone voicing an opinion that you would spend your life fighting against.
THAT'S Free Speech.

Atticus Finch
bwana
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Apr 14 2022 04:45PM     link to this

"Yeah but look who's filed the law suit and is reporting on it being illegal - the one's who want to stop any opinions that differ from their own i.e. far left idiots and those that think the alphabet people are or should be a protected class or are special."


What? It sounds like you think Musk is a protected class and shouldn't have to play by the rules.
Atticus_Finch
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Apr 14 2022 05:01PM     link to this

Seriously? It's a minor infraction and like Mr. Starfish said he'll pay a fine and it'll be done with.
Meanwhile all the blue check marks and twitidiots will be losing their shit as will the main stream media and ... you apparently.

THAT'S entertainment!

Atticus Finch
bwana
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Apr 14 2022 05:30PM     link to this

You really should change your name from Atticus Finch to Bob Ewell. You are nothing like Atticus.
wunanddun
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Apr 14 2022 06:54PM     link to this

Musk could literally make whole any investors losses and pay the fines with his walking around money. It's not a frivolous suit but it damn sure isn't consequential to his actions or motives.

Media is iterally throwing shit at the wall and hoping it sticks ....ad usual.
Atticus_Finch
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Apr 14 2022 07:31PM     link to this

'You really should change your name from Atticus Finch to Bob Ewell. You are nothing like Atticus.'

I guess you're afraid of losing that blue check mark too.

You can probably relax.
I think Elon's just having some fun, at your expense, and has no intention of buying twit.
But he's sure got all you twitidiots in a panic.

If I'm right then it might be worth it to actually join twit for a minute just to thank him for the laughs ... then quit it of course.

Atticus Finch

bwana
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Apr 14 2022 07:53PM     link to this

Bob-Ewell, I know when you are joking, because you put in the haha emojis. That's the only way.
GoBallsDeep
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Apr 14 2022 09:36PM     link to this

^ this guy
You need a brain transplant if you pay any attention to Twitter
Or TrueSocial or any of that garbage
It's for the weak minded emotional decision maker who doesn't understand evidence based rationality.......simple as that
InsearchofStarfish
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Apr 15 2022 03:15AM     link to this

not sure 50billion is best use of his money...maybe 10billion for a controlling stake and he can put people in charge




bezos got his piece of influence for only 250million bucks


Powell Jobs acquired her majority interest in The Atlantic in 2017, at a price reportedly north of $100 million. (She owns the stake through Emerson Collective, her hybrid investment, social impact and philanthropic firm.) At the time, the magazine said it expected her to assume full control by 2022.






OrangeBuddy
Studio City, SFV, LA, CA
Buena Park, OC, CA Today!
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Apr 15 2022 05:03AM     link to this

Twitter board will reject the offer as too low on the weekend.
InsearchofStarfish
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Apr 15 2022 09:27AM     link to this

what's plan B?


BTW, i could see some bigger offers coming down the pike...maybe with chinese money behind it...dems won't let this company getaway without a fight...already looking for congress to help...congress might be OK with chinese involved though







yellowB2
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Apr 15 2022 10:53AM     link to this

Do you want to know why Musk wants to buy Twitter? Read these two headlines. That's why:


8/5/2013 Business Insider (@BusinessInsider) tweeted:

"Billionaire Jeff Bezos' Washington Post buy marks a fascinating
cultural transition in America."


4/14/2022 Business Insider (@BusinessInsider) tweeted:

"Elon Musk's attempt to buy Twitter represents a chilling new threat:
Billionaire trolls taking over social media."


That's why. If you disagree with the political establishment, the tech establishment, etc. then you are a troll. As soon as the People get done taking another two years of the Biden regime up the ass dry, they'll be sick of the propaganda and the bullshit. And this leftist nonsense will be thrown on the scrapheap of history for 5-10 years, before the morons start it up anew, all over again.
InsearchofStarfish
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Apr 15 2022 11:32AM     link to this

it's QUITE fun reading this kinda shit... they've been scrabbling for 5 years and so out in the open with this shit




InsearchofStarfish
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Apr 15 2022 11:38AM     link to this

Tom Brady asks Elon Musk to delete unflattering combine picture if he buys Twitter
jackrabbit33
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Apr 15 2022 02:34PM     link to this

Twitter going the poison pill route to avoid the Musk take over.
Attached Links
https://www.nytimes.com/2022/04/15/business/twitter-poison-pill-elon-musk.html
Atticus_Finch
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Apr 15 2022 02:59PM     link to this

I'd laugh like hell if Elon now retaliates and dumps his stock crashing the company.
That'd be hilarious - 'Okay keep the company. I'm out.'

Atticus Finch
InsearchofStarfish
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Apr 16 2022 01:55AM     link to this

well, it turns out he NEEDS to get this fucking company now...the light shed on this has woken the fuckers up and they are engaged to close the hole NOW...even the chinese and russians will be trying to dick around in some fashion with it

they don't mind it crashing as someone...libs/chinese/russia/MBS will come and buy it, pills and all(controlling info is more important than short-term money)...can't really be anyone in big tech now buying it. tiktok could make a play...biden is tight with those guys.

maybe he TRADES oil access for letting MBS buy twitter...would not put that type of thinking past this dude


MUSK has loyal following(though, will be interesting to SEE how his green loving car buyers are going to react to this twitter thing/upsetting the apple cart)

his NEW internet will be playing a key role at some point...watched a few youtube clips (of people setting up the new dish)...looks easy peasy

with twitter, you will not have apple or google shutting down the app access for phones...with something NEW? we have seen it happen

Atticus_Finch
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Apr 16 2022 08:03AM     link to this

In a recent interview with Elon, he was asked if there was a plan B if he wasn't able to buy the platform. After he replied yes, then he was asked to expound on this plan B and said he'd leave that for a later date.

I'd be really interested to know what his plan B actually is cause I don't think the ceo & board is going to allow him to buy twitter. They know Elon thinks they're all worthless and will be out of jobs the minute he takes control. All they're thinking about now is self preservation.

Atticus Finch
InsearchofStarfish
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Apr 16 2022 08:29AM     link to this

good interview with miller on twitter

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https://www.youtube.com/watch?v=nKyedmia7ic
jackrabbit33
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Oct 27 2022 08:32PM     link to this

Elon Musk fires Twitter’s top brass after closing $44 billion deal.


Plans on cutting work force from 7500 to 2000.


"Tesla CEO Elon Musk has fired several top Twitter executives after officially taking control of the company Thursday evening.

A source with knowledge of the matter told FOX Business that Twitter CEO Parag Agrawal, CFO Ned Segal, and Vijaya Gadde, head of legal policy, trust, and safety were fired. Musk had accused the three of misleading him and investors over the number of fake accounts on the platform. "
Attached Links
https://www.foxbusiness.com/technology/elon-musk-fires-twitters-top-brass-closing-44-billion-deal-reports
jackrabbit33
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Oct 27 2022 08:44PM     link to this

More quotes from Musk...

"Earlier Thursday, Musk said he was buying the platform to help humanity and that he didn't want it to become a "free-for-all hellscape."

"The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence," Musk wrote. "
GoBallsDeep
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Oct 27 2022 09:23PM     link to this

Kill Whitey!
InsearchofStarfish
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Oct 27 2022 09:27PM     link to this

well could be a problem when he thinks taiwan should just acquiesce to china demands

why would he say that again?


it's the same shit over and over




GoBallsDeep
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Oct 27 2022 09:32PM     link to this

Why consider violence a last resort when you can easily just start there?
Then escalate.
wunanddun
City of San Diego, San Diego, CA
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Oct 27 2022 10:46PM     link to this

I just love it that vajajay and parag are gone. Parag escorted out... lol I worked at a place where the Chairman and CEO were fired and voted off the board and that didn't happen to them. Couldn't happen to more a more deserving smug group of jackasses.
Hey1
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Oct 28 2022 01:01AM     link to this

@goebbels
I do not think anyone needs to hear the story of how your father proposed to your mother.
wunanddun
City of San Diego, San Diego, CA
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Oct 28 2022 02:40AM     link to this

Who shit in here???

Ohh sorry it's just Hey1sthedumbestpersonever attempting to post again.
InsearchofStarfish
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Oct 28 2022 03:45PM     link to this

so it's done

pretty sure he won't fuck with the porn promotion on the site




Tabie
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Nov 3 2022 11:47PM     link to this

He will do great things with it. He is an intelligent man.



XoTabie
InsearchofStarfish
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Nov 4 2022 02:11PM     link to this

now WE get these lil interactions


Alexandria Ocasio-Cortez wrote, "Lmao at a billionaire earnestly trying to sell people on the idea that 'free speech' is actually an USD 8/mo subscription plan."


Replying to Alexandria, Elon reiterated his stance on the blue tick fee and quipped, "Your feedback is appreciated, now pay USD 8."




Elon Musk’s $44 billion acquisition of Twitter last week spurred a palpable division of trust in its new billionaire CEO. His rumored plan to charge verified users $20 per month to keep their blue check marks was suddenly confirmed Tuesday — after horror author Stephen King complained.


“Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit,” Musk tweeted Tuesday. “Power to the people! Blue for $8/month.”


“$20 a month to keep my blue check?” King tweeted Monday to his 6.9 million followers. “F**k that, they should pay me. If that gets instituted, I’m gone like Enron.”


“We need to pay the bills somehow!” Musk responded Tuesday to King’s tweet. “Twitter cannot rely entirely on advertisers. How about $8?

“It ain’t the money,” King replied to a Twitter user who told him he could afford the price, “it’s the principle of the thing.”


we had fake news of people carrying out boxes like they were fired...news reporting on it


this is funny shit





There are 45 comments on this blog.