Merged Musk buys Twitter!/ Elon Musk puts Twitter deal on hold....

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Worst. Buy. Ever.

Shareholders must be delighted that someone's paid them ~30% over value.

I can't see a subscription model working, and they're going to haemorrhage advertisers with the worst of the worst returning to the platform, not to mention the flood of people who will leave because of Musk.

Coming as Farcebook has been savaged on the sharemarket, I'm delighted Musk has decided to saddle himself with $13B debt to buy a toy.
 
I'd love to find out who Musk got to pick up the tap - someone just lost billions, and I don't think it's him.
 
The Atheist said:
Worst. Buy. Ever.

Shareholders must be delighted that someone's paid them ~30% over value.

I can't see a subscription model working, and they're going to haemorrhage advertisers with the worst of the worst returning to the platform, not to mention the flood of people who will leave because of Musk.

Coming as Farcebook has been savaged on the sharemarket, I'm delighted Musk has decided to saddle himself with $13B debt to buy a toy.
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I was under the impression Twitter itself had now been encumbered with a massive debt burden (at least in the form of interest payments).
 
Orphia Nay said:
I suspect the framework of Twitter won't make Musk any more likely to stop fake accounts than the previous mob.
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Of course not, that was just empty posturing (like most of Musk's utterances).

But the number of CVs launched onto the tech job market is interesting.
:D
 
Puffy-face money clown now owns the loudest shouting platform, so he can be the loudest shouter. Why do people participate in this madness? Just because some people speak is no reason anybody has to listen. With the possible exceptions of people providing you with money and/or sex you don't owe anybody your attention.
 
arthwollipot said:
Musk is hardly an incel. Dude's got nine children!
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That was an astonishing bit of trivia. I checked to see if that's actually right; and not only is it fully true, but apparently the man's added one more to his score since whenever you looked that up. He's at a round ten now, apparently. (Link: https://pagesix.com/article/elon-musk-children/ .)

Cool. Clearly a dude that knows not just how to earn money, but also how to have fun spending it.

Unlike Bezos say, Musk's kept all of this pretty low-key, despite how widely he seems to have been playing around. Not that I'm particulary clued in on celebrity romances, but still, this is the first I'd heard of his astonishingly large brood, for instance. Ergo, he must never had had to give away half of his fortune ever, or any sum remotely close --- else that would have been reported, surely, again like Bezos for instance, and it hasn't, at least not widely. Smart man, in more ways than one. :thumbsup:
 
It will be nice to be able to say things that are true but that some smowflakes find offensive without being banned for it.

What remains to be seen is whether vicious nastiness erupts to the point where all signal is lost under that noise. I predict a lot of use of the block button in the near future.
 
The Atheist said:
Worst. Buy. Ever.

Shareholders must be delighted that someone's paid them ~30% over value.

I can't see a subscription model working, and they're going to haemorrhage advertisers with the worst of the worst returning to the platform, not to mention the flood of people who will leave because of Musk.

Coming as Farcebook has been savaged on the sharemarket, I'm delighted Musk has decided to saddle himself with $13B debt to buy a toy.
Click to expand...

Subscription model? That's a good one. Nobody is going to pay to use Twitter, or any other social medium. To be fair, that's part of the problem with web 2.0: people have an expectancy not to pay for stuff that's quite expensive.

My prediction is that quite a few people will leave Twitter as a result of this acquisition, but they will not be a significant proportion of the users. The majority will carry on as they did before, at least until whatever Musk changes comes into effect.
 
I wonder if he will expand the character limit?

I for one am looking forward to seeing The FPDJT's crazy tweets in real time again. I wonder what the first one will be?

"I'm back, baby. Hang on!"
 
Someone just said Musk will turn Twitter into a cesspool
IMHO it has been that for some time.
 
Apparently Binance is an equity investor and is going to work on crypto'ing up Twitter. So I would expect it to turn into more of a crypto bro environment than anything.
 
plague311 said:
Apparently Binance is an equity investor and is going to work on crypto'ing up Twitter. So I would expect it to turn into more of a crypto bro environment than anything.
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It already was, with Jack and his bitcoin/dogecoin advertising.
 
commandlinegamer said:
I was under the impression Twitter itself had now been encumbered with a massive debt burden (at least in the form of interest payments).
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It has, but it's tantamount to the same thing - their investment is dependent on him performing as owner, and if his funding fails, so does Twitter, and consequently Musk.

TragicMonkey said:
Puffy-face money clown now owns the loudest shouting platform, so he can be the loudest shouter. Why do people participate in this madness?
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I do so I can see what the people I follow are up to, which are, in total consists of:

Miss Piggy
Clelsea Manning
George Foreman*

*Not that what Big George is up to interests me much, but he re-Tweeted one of my very rare Tweets.

jeremyp said:
Subscription model? That's a good one. Nobody is going to pay to use Twitter, or any other social medium.
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That's what Musk says he's looking at, and people absolutely do pay for subscriptions to social media. Whether they're going to pay for Twatter is another story.
 
Real thing here is Twitter is not the dominant force it once wasl too many other similair services available.
IMHO as far as impact onthe world; what Musk does won't amke much difference. It'snot like Trump did not get his stupid crap out there after he was booted off Twitter.
And I repeat;I think Musk will soon get tired of his new toy.
 
The Atheist said:
It has, but it's tantamount to the same thing - their investment is dependent on him performing as owner, and if his funding fails, so does Twitter, and consequently Musk.



I do so I can see what the people I follow are up to, which are, in total consists of:

Miss Piggy
Clelsea Manning
George Foreman*

*Not that what Big George is up to interests me much, but he re-Tweeted one of my very rare Tweets.



That's what Musk says he's looking at, and people absolutely do pay for subscriptions to social media. Whether they're going to pay for Twatter is another story.
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I don't think twitter is the kind of social media program people will be willing to pay for, frankly.Too limited.
 
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