I think a company like Twitter probably have some sacred cows stopping them from profit. Any new owner might fix that. I deleted my Twitter account years ago because most of the content is spam. Instagram is about the same and I will remove that too soon if it does not improve.
Elon Musk owns Twitter: The story so far
121–130 of 1001 posts
Re: Elon Musk owns Twitter: The story so far
#122It can be great for freedom of speech. Hopefully, it won't distract Elon too much from SpaceX, Tesla, and other important work. I still don't get how he managed to be CEO of multiple high-complexity companies. It's already not easy to be CEO of just one.
I kind of wonder if the performance at Tesla will improve as his attention is drawn away.
Re: Elon Musk owns Twitter: The story so far
#123I would really like to hear how he's financing this deal. His net worth has dropped since he's made this play. Most of his money is tied up in equity. So who's funding this deal? The fact that this isn't well talked about and that the company is going private is raising a lot of red flags to my eyes
Matt Levine at Bloomberg has been talking about it frequently as the deal evolved. You can read back through the articles that reference Musk or Twitter in the headline and get a good idea.
"The Wall Street banks involved, led by Morgan Stanley, are also ironing out the steps needed to finalize funding about $13 billion of debt commitments."
"Banks that committed to help finance Elon Musk’s takeover of Twitter Inc. plan to hold all $13 billion of debt backing the deal rather than syndicate it out, according to people familiar with the matter, in another blow to a market that serves as a crucial source of corporate funding."
Re: Elon Musk owns Twitter: The story so far
#124Re: Elon Musk owns Twitter: The story so far
#125He literally said it will not be a free for all. He may be chaotic, but he's not stupid. There is a huge difference between no moderation (anarchy), and not targeting conservative voices solely based on ideology.
I'd love to see some clear examples of conservative voices being targeted solely based on ideology, cause I don't think they exist.
The replies so far seem to just confirm my point. Doesn't seem like any of them were banned "solely based on ideology" at all.
Come on y'all, show me one example where someone was banned for asking for lower taxes!
Re: Elon Musk owns Twitter: The story so far
#126[deleted]
Re: Elon Musk owns Twitter: The story so far
#127Earlier quoted context omitted.
Ironic considering Babylon Bee was just unbanned even though they violated TOS. Also ironic that his goal was to promote free speech and painted moderation as evil. —- It is beyond me that I am downvoted for pointing the irony of the situation. So many proponents of free speech have so few regards to give for TOS and have the audacity to demand service without abiding to it. It seems that HN is no longer a bastion of…
“Major”
Major, in this context, is a weasel word. It lets them off the hook for nearly any unbanning.
Re: Elon Musk owns Twitter: The story so far
#128Prediction: Brain drain at Twitter begins as Elon starts enacting unpopular policies. Valuation tanks. Morale becomes non-existent and Twitter slowly starts to fade from existence while competitors begin to fill the void. I give it 3-5 years before it's gone full husk.
One can only dream. For all of Musk's proponents' claims that this is a boon for "free speech", such free speech is anathema to corporate interests, particularly advertisers and corporate partners (we only need to look at the recent Ye + Adidas bustup). Thus, it will likely devolve into "Free Speech (TM)", the my-way-or-the-highway speech policing that we see in places like /r/conservative where any criticism of Musk…
I think the best one can hope for is.
An actual stated policy that is followed by the company instead of some arbitrary internal morality police like the last lot.
Re: Elon Musk owns Twitter: The story so far
#129OK, so far, not much.
Musk is getting stretched rather thin. Space-X seems to be doing OK with Gwynne Shotwell running things. Tesla, which Musk apparently does really run personally, is doing OK, but their side ventures are not. Self-driving is a mess. Solar panels (yes, Tesla has a solar panel business) are not doing well. The Cybertruck is years late. (Maybe next year.[1]) So is the Tesla Model 2, the low-end vehicle.
There's still no low-cost Tesla. The market for high-end cars is somewhat saturated. Tesla's order backlog is now 78 days, much less than usual for Tesla and about typical for the auto industry. Remember, Tesla has to become bigger than Toyota to justify the stock price. It is not possible to do that at Tesla's current price points. There are not enough buyers with that much money.
So Tesla has to compete on price with the Chevy Bolt, the Nissan Leaf, etc. Electric compact sedans are a crowded sector. Solving that problem is Musk's job.
Twitter is a distraction.
[1] https://www.edmunds.com/car-news/tesla-cybertruck-might-fina...
Re: Elon Musk owns Twitter: The story so far
#130We can argue about free speech & all that jazz to no end. But at the end of the day it's as simple as not banning elected officials. I don't care how divisive they are, we need to know what they say and do. These are people chosen by the people whether you love or hate them.
Secondly, I just visited Twitter today and at the top it has statements about false accusations and fact checking prominently displayed. I follow a bunch of stats and machine learning people on Twitter, very little to no politics. Why are you forcing your political agenda on me?