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Twitter set to accept Musk's $43B offer – sources

reuters.com

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Re: Twitter set to accept Musk's $43B offer – sources

#24

Post by incomingpain »

mullingitover wrote: post #2

I feel like we’re going to look back in a couple years and mark this as the beginning of the collapse of Tesla. Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

Elon is already rather uninvolved with tesla because of the fight with the SEC.

https://en.wikipedia.org/wiki/Robyn_Denholm

They also have over 100,000 employees. How much can Musk really be involved in?

Tesla is pretty much on full self driving now, it's basically blue chip and not going anywhere. Yes the trillion $ market cap is due in large part to him.

>Musk is already spread thin, now he’s so unfocused and undisciplined that he’s unable to stop himself from buying an irrelevant social media company as an expensive hobby. It’s the height of hubris.

I couldn't disagree more. He's the richest person in the world, he's so tremendously successful whatever attributes that you want to apply to him is literally only something to learn from. Hubris? Overconfidence? He's basically the world's first trillionaire. He has had how many doubters along the way and he's right every time?

I get why he's buying twitter and it's not about it being a hobby. Sure babylon bee was a catalyst but basically he sees the societal value of twitter. He sees the damage that twitter is doing through their political censorship. By fixing these problems it will provide tremendous value to twitter. He's going to benefit greatly with the purchase.

Re: Twitter set to accept Musk's $43B offer – sources

#25

Post by shafyy »

afavour wrote: post #14

I feel for the employees of Twitter. Years with a part time CEO whose time was dedicated elsewhere… now they’ll have a new part time owner whose time will be dedicated elsewhere and has a propensity to do weird things for the online lulz.

Musk for sure will hire a CEO, I can't imagine that he will spend more than a few hours a week a month on Twitter (once the deal has closed and he hired a new management).

Re: Twitter set to accept Musk's $43B offer – sources

#26

Post by Fargoan »

UmYeahNo wrote: post #4

For all the Free Speech posturing Musk has put out around twitter, it will be very interesting to see if @ElonsJet account gets banned.

The owner of the account is a stalker attempting to extort his victim. Why hasn't he been banned? If I were to make an account tracking a random person's movement I'd likely be banned. Why should it be treated differently when the stalking victim is a celebrity?

Re: Twitter set to accept Musk's $43B offer – sources

#27

Post by rvz »

mmastrac wrote: post #6

Part of me hopes this is the end of the social media age. I've been on twitter since the very beginning and lately it feels like it's a toxic cesspool on all sides. I say this as a twitter addict and prolific poster over more than a decade.

Hardly. What happened to #deletefacebook in 2018, #deleteinstagram? Nothing happened. Billions are still using it regardless of that.

We also still have billions addicted to the new digital crack / cocaine called TikTok. So this is far from 'the end' of social media.

In fact, it is the start of the increasing echo chambers and the ills of social media being used for disinformation campaigns.

Re: Twitter set to accept Musk's $43B offer – sources

#29

Post by mrtksn »

UmYeahNo wrote: post #4

For all the Free Speech posturing Musk has put out around twitter, it will be very interesting to see if @ElonsJet account gets banned.

That particular incident is under intense spotlight, so it will probably not happen and if it happens it will change the course of free speech discussions.

I'm psyched either way. Instead of a faceless organisation with a CEO who can justify anything as his duty to the shareholders, now we will have a directly responsible figure. If Musk fails to deliver on free speech, his persona will be on stake.

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