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-   -   Elon Musk $44 Billion Twitter deal (https://www.cableforum.uk/board/showthread.php?t=33710979)

Damien 02-05-2022 19:49

Re: Elon Musk buys Twitter for $44 Billion
 
He is a bit weird. It's lucky he is taking Twitter private because he is a nightmare to shareholders.

RichardCoulter 04-05-2022 17:23

Re: Elon Musk buys Twitter for $44 Billion
 
After concerns about plans to weaken moderation, Elon Musk has been invited to appear before a Commons Select Committee regarding his intention to purchaseTwitter..

Julian Kinight, who chairs the DCMS panel, will be asking him to explain how he will be balancing his commitment to free speech with the forthcoming obligations on websites to protect users from harm under the Online Safety Bill.

Pierre 04-05-2022 17:38

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by RichardCoulter (Post 36121101)
After concerns about plans to weaken moderation, Elon Musk has been invited to appear before a Commons Select Committee regarding his intention to purchaseTwitter..

Julian Kinight, who chairs the DCMS panel, will be asking him to explain how he will be balancing his commitment to free speech with the forthcoming obligations on websites to protect users from harm under the Online Safety Bill.

The online end of free speech bill is a joke

RichardCoulter 04-05-2022 18:13

Re: Elon Musk buys Twitter for $44 Billion
 
Having the right to free speech is not incompatible with not harming others in any way to any extent.

We don't have the right to say what we want, to who we want and when we want right now and for very good reason.

Pierre 04-05-2022 18:28

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by RichardCoulter (Post 36121117)
Having the right to free speech is not incompatible with not harming others in any way to any extent.

We don't have the right to say what we want, to who we want and when we want right now and for very good reason.

The genie is already out of the bottle, but when you go down the road of trying to legislate around a totally subjective issue, it’s the road to hell.

I have to go, the thought police are at the door.

Mick 10-05-2022 21:15

Re: Elon Musk buys Twitter for $44 Billion
 
NEW: Elon Musk has vowed to reverse the Twitter ban of former U.S President Donald Trump, declaring it morally wrong and flat out stupid.

Trump had vowed weeks ago that he wouldn’t return to Twitter, even if Elon removed the ban.

https://news.sky.com/story/elon-musk...trump-12610153

Pierre 10-05-2022 21:26

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by Mick (Post 36121923)
NEW: Elon Musk has vowed to reverse the Twitter ban of former U.S President Donald Trump, declaring it morally wrong and flat out stupid.

Trump had vowed weeks ago that he wouldn’t return to Twitter, even if Elon removed the ban.

https://news.sky.com/story/elon-musk...trump-12610153

It’s the correct thing to do.

General Maximus 10-05-2022 21:31

Re: Elon Musk buys Twitter for $44 Billion
 
https://www.cableforum.uk/images/local/2022/05/10.gif

Hom3r 11-05-2022 10:23

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by Mick (Post 36121923)
NEW: Elon Musk has vowed to reverse the Twitter ban of former U.S President Donald Trump, declaring it morally wrong and flat out stupid.

Trump had vowed weeks ago that he wouldn’t return to Twitter, even if Elon removed the ban.

https://news.sky.com/story/elon-musk...trump-12610153


Then I will consider leaving

ianch99 11-05-2022 10:33

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by Hom3r (Post 36121967)
Then I will consider leaving

:tu: Agreed

papa smurf 11-05-2022 10:36

Re: Elon Musk buys Twitter for $44 Billion
 
Elon will be devastated.

General Maximus 11-05-2022 10:48

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by Hom3r (Post 36121967)
Then I will consider leaving

That is only how he is going to realise his mistake. It is going to backfire on him big time.

1andrew1 13-05-2022 11:56

Re: Elon Musk buys Twitter for $44 Billion
 
Deal on hold
Quote:

Elon Musk puts Twitter deal on hold over fake account details

Elon Musk has said his $44bn (£35bn) deal to buy Twitter is temporarily on hold after he queried the number of fake or spam accounts on the social media platform.

He said he was waiting for information "supporting [the] calculation that spam/fake accounts do indeed represent less than 5% of users".

Following the announcement, Twitter shares fell 25% in pre-market trading.
https://www.bbc.co.uk/news/business-61433724

Pierre 13-05-2022 12:47

Re: Elon Musk buys Twitter for $44 Billion
 
Quote:

Originally Posted by 1andrew1 (Post 36122229)

It's an important detail, and part of the valuation of the company. To accurately know many actual users there are so any advertisers know the size of audience they're reaching.

Damien 13-05-2022 13:56

Re: Elon Musk buys Twitter for $44 Billion
 
Or he is trying to get the price down by tanking the shares. Down 25% already.

Remember Telsa shares have also dropped quite a bit since he announced he was buying Twitter and it was against that equity he was borrowing against. So not only is $44 billion a lot of money it became a bigger fraction of his worth since the day of the announcement of the takeover.

---------- Post added at 13:56 ---------- Previous post was at 13:51 ----------

Quote:

Originally Posted by Pierre (Post 36122238)
It's an important detail, and part of the valuation of the company. To accurately know many actual users there are so any advertisers know the size of audience they're reaching.

It is but this is what is done as part of due diligence before you commit to buying. It's weird he is at this stage and now he suddenly wants to do it.


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