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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

#951

Post by trixie_ »

jillesvangurp wrote: post #316

It's a good offer and the share holders seem to lean towards agreeing with that statement now. Of course the question is whether Elon Musk can turn this company around. He seems to feel that that is something that needs to happen. I tend to agree with on that. If nothing happens, Twitter will continue to slowly and steadily decline; like Facebook has experienced with their social network in recent years as well. But…

It’s almost too easy for Elon to improve Twitter. The list of problems and features is a mile long. Twitter has done nothing but stagnate the last 10 years.

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

#952

Post by trixie_ »

Sol- wrote: post #61

Kind of weird to sink such a significant chunk of his wealth into a toy for his libertarian whims (where it's hard to tell how serious he even is about them), but I such squandering of wealth is nothing new for billionaires. Guess this will put a dent into the whole "limit fake news on social media" push we've had recently, at least in the US (which some people will of course argue was ill-fated to begin with).

Sink? Twitter is ripe for growth. He’s going to 10x his investment and make the last 10 years of Twitter look like Apple’s slow decline in the 90s.

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

#956

Post by trixie_ »

nabla9 wrote: 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…

1. Make super obvious improvements

2. Increase valuation

3. Sell equity

4. Cover debts

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

#958

Post by raxxorraxor »

systemvoltage wrote: post #678

Quoted post unavailable.

It is ironic since "the left" is a straw man of the right and simultaneously a group of people self identifying as such but not necessarily sharing the values classically espoused by what many would have considered a left political position.

Those that want to crush hate speech and are in politics are mainly concerned about the reach of their networks. The incentives were hinted at for quite some time, just a few years ago their openly advocated to cull back the free exchange of information. Same reason why whistleblowers are still imprisoned.

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

#960

Post by Heyso »

boredumb wrote: post #105

People act like this is some spiteful thing he's doing in order to just post edgy memes or have a 'private' social media for himself. Twitter, despite being a toxic place the majority of people avoid, brought in over 5 billion dollars last year. If elon removes bots, welcomes non-extremists back on, gets comedians and entertaining accounts back on board and lets people say what they want instead a bot army of shills…

And what is an extremist ? People tend to call extremist anything that is far from their own opinion, or what the media tell them to think as extremist.

A good example is France right now. Many peoples voted against Lepen. But do they know what exactly they voted against, can they elaborate ? No.

One example, the media say she is racist, but she got 60-70 % score in DOM-TOM (Martinique, Guadeloupe, etc).

I would call Macron an extremist. Of the rich, of the globalist and europeanist.

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