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Elon Musk $44 Billion Twitter deal
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Old 02-05-2022, 20:49   #31
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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.
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Old 04-05-2022, 18:23   #32
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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.
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Old 04-05-2022, 18:38   #33
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Re: Elon Musk buys Twitter for $44 Billion

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Originally Posted by RichardCoulter View Post
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
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Old 04-05-2022, 19:13   #34
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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.
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Old 04-05-2022, 19:28   #35
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Re: Elon Musk buys Twitter for $44 Billion

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Originally Posted by RichardCoulter View Post
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.
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Old 10-05-2022, 22:15   #36
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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
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Old 10-05-2022, 22:26   #37
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Re: Elon Musk buys Twitter for $44 Billion

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Originally Posted by Mick View Post
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.
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Old 10-05-2022, 22:31   #38
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Re: Elon Musk buys Twitter for $44 Billion

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Old 11-05-2022, 11:23   #39
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Re: Elon Musk buys Twitter for $44 Billion

Quote:
Originally Posted by Mick View Post
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
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Old 11-05-2022, 11:33   #40
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Re: Elon Musk buys Twitter for $44 Billion

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Then I will consider leaving
Agreed
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Old 11-05-2022, 11:36   #41
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Re: Elon Musk buys Twitter for $44 Billion

Elon will be devastated.
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Old 11-05-2022, 11:48   #42
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Re: Elon Musk buys Twitter for $44 Billion

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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.
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Old 13-05-2022, 12:56   #43
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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
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Old 13-05-2022, 13:47   #44
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Re: Elon Musk buys Twitter for $44 Billion

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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.
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Old 13-05-2022, 14:56   #45
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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:
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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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