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

reuters.com

111–120 of 1001 posts

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

#112

Wild guess is that under Musk's ownership, Twitter will be a more open platform but a far less anonymous one. You'll be able to post more than you're allowed to now but it will be attached to your real identity. Should be interesting to see how that pans out. Investing in better filtering tools so users can decide for themselves what they want in their feeds will change the nature of the platform too.

How would that improve anything? Some of the most toxic users are people like himself and formerly Trump where everyone already knows who they are.

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

#113
“Everything that isn’t illegal is allowed” sounds great until you see what that actually means on the internet.

Anyone who has ever worked in content moderation / trust & safety knows what kind of unrelenting deluge of obnoxious / disturbing / spam-filled / miserable race to the bottom of the lizard brain stuff that is constantly being pushed back on any moderately popular social media site.

It seems so easy from a distance. Just let people say what they want to say, right? Unfortunately the result of that is a place that very few want to spend time in.

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

#114

I welcome this. Twitter is overrun with bots and anonymous shitposting. He's either going to make it better or invigorate the competition.

Elon already is a big shit poster himself. You think he's gonna make this better? I think a lot of people will follow the owner's example and make things worse.

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

#115
post #104

His offer is funded as follows (from Matt Levine): https://www.bloomberg.com/opinion/articles/2022-04-21/elon-g... 1. A letter from his banks offering to lend $13 billion to Twitter, if he buys it, with $7 billion of that coming in the form of senior secured bank loans and $6 billion coming in the form of junk bonds. 2. A letter from his banks offering to lend him $12.5 billion personally, secured by $62.5 billion wo…

He is. Tesla, SpaceX, etc all play to win, but they did it by almost going bankrupt and out over and over and over.

Im not sure I can sit here and say that it wasnt needed, but people need to remember that 4 years ago, Tesla was at deaths door trying to scale up, shorters were doing everything in their power to maniuplate the stock, and no one thought they could pull it off the way they have.

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

#116

I welcome this. Twitter is overrun with bots and anonymous shitposting. He's either going to make it better or invigorate the competition.

Given that bots and anonymous shitposting would both fit the ideals of free speech, why would a champion of said free speech do anything to make it better?

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

#117
post #89

Looking at the problems Twitter has, why does anyone think Musk can even solve one? If one believes Twitter has a free speech problem: Musk shouts about free speech but shut down Teslas PR department, lashes out against any criticism against him, canceled a preorder because he didn't like a journalists' article etc. Musk is great at self-promotion and this often helps his companies in some sense, but what else does h…

Twitter is just another social media fad that will go away and be replaced by the next one, Musk or not. I don't think anyone can "solve" that.

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

#118
post #89

Looking at the problems Twitter has, why does anyone think Musk can even solve one? If one believes Twitter has a free speech problem: Musk shouts about free speech but shut down Teslas PR department, lashes out against any criticism against him, canceled a preorder because he didn't like a journalists' article etc. Musk is great at self-promotion and this often helps his companies in some sense, but what else does h…

> Looking at the problems Twitter has, why does anyone think Musk can even solve one?

And twitter knows they're getting a great deal!

I like twitter -- I can get in and out fast. In 15 minutes I can see a lot of new, interesting things, or just see what everyhing thinks is cool today.

And many of the things people complain about I don't see. I follow people around my specific interests: tech, electronics, jazz, and classical music -- and rarely see anything else. Judicious use of "block" and filters makes it rare that I see anything I don't want to see.

But I recently tried another social media plaltform: TikTok. I was surprised as a 59-year-old that I'd even understand it, but I followed people in the same categories I follow on Twitter, limit viewing to those I follow (I don't try the suggested feed) and it's nice and I'm having fun. Haven't posted yet, because I can't just type a few words or post a link and hit "send", but I'll figure that out, too.

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

#119
post #89

Looking at the problems Twitter has, why does anyone think Musk can even solve one? If one believes Twitter has a free speech problem: Musk shouts about free speech but shut down Teslas PR department, lashes out against any criticism against him, canceled a preorder because he didn't like a journalists' article etc. Musk is great at self-promotion and this often helps his companies in some sense, but what else does h…

> Looking at the problems Twitter has, why does anyone think Musk can even solve one?

Twitter's biggest problem is profitability and Musk doesn't seem to care about the economics of Twitter.

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

#120
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.

I never had anything toxic on my twitter feed and I spend a lot of time on it. The quality of your feed depend on who you follow.
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