Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Twitter has officially changed its logo to ‘X’

techcrunch.com

Post reply on HN
Print view View original

751–760 of 1001 posts

Re: Twitter has officially changed its logo to ‘X’

#751

Post by upon_drumhead »

henry2023 wrote: post #688
upon_drumhead wrote: post #589

Earlier quoted context omitted.

I see zero indication he ever intends to sell X/Twitter. He wants to pivot it into the worlds most successful and useful app. He won’t sell that.

No one will buy twitter / X?! again because it's going to be bankrupted in a couple of years.

I said he doesn't intend to sell it. Being forced to due to bankruptcy is an entirely different thing that I didn't comment on.

People in this thread are all saying this is part of his master plan to get Twitter/X to be worth hundreds of billions and then to sell it and walk away. I don't see any reason why he would sell and walk away if he manages to pull it off.

Re: Twitter has officially changed its logo to ‘X’

#752

Post by quandrum »

praptak wrote: post #653
AirMax98 wrote: post #598

Earlier quoted context omitted.

> For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. A reminder that Elon had to be sued into buying this company.

So he wanted it to take it off the stock market, fix it, yada yada but then realized this is a bad idea?

Evidence points to him wanting to use the potential of buying Twitter as a cover for selling a few billion in Tesla stock without impacting it's value.

Re: Twitter has officially changed its logo to ‘X’

#754

Post by pram »

themagician wrote: post #555
martin-adams wrote: post #493

For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings…

His vision is to turn it into a bank. He talked about this with Baron's last year. The part of the "everything app" he actually cares about is banking. His goal is to make it into the world's largest bank. He actually said so. Honestly, not a bad idea. If you are the world's richest person you might as well have a company that can actually make money.

For 44 billion he could just develop a banking and social app and then deposit $100 in every new account as a bribe.

Re: Twitter has officially changed its logo to ‘X’

#756

Post by russdill »

heyjamesknight wrote: post #441

I've been mostly ambivalent about the Musk-era at Twitter—mostly because I just don't care enough to have an opinion. This, though. This one makes me angry and disappointed. Twitter has had such a solid brand for so long. It's accomplished things most marketers only dream of: getting a verb like "Tweet" into the standard lexicon is like the pinnacle of branding. Even with all of the issues, "Twitter" and its "Tweets"…

And a reminder that the new CEO is only the CEO in name only. Musk is quite clearly the one running the company.

Re: Twitter has officially changed its logo to ‘X’

#757

Post by LelouBil »

marcusverus wrote: post #542
LelouBil wrote: post #109

I hope that this will push government officials and structures to set up mastodon instances. Like one for the government where each agency has an account. Europe did this [0] and I find that it's a very good idea to have control over communication (plus since it's open anyone can do what they want with the data) [0] https://social.network.europa.eu/

Why would a government spend the time and effort to create accounts on a social media network which only reaches .1% of their population?

I don't think it would only reach .1% of their population.

It's talking about replacing all of the Twitter accounts of government agencies with accounts on a central mastodon instance for the government, that would serve the same "information broadcasting" purpose. I'm not talking about people having to create mastodon account or choose an instance or even use mastodon.

I think far more than .1% of people can read a public mastodon feed for information from their government

Re: Twitter has officially changed its logo to ‘X’

#759

Post by zpeti »

tootie wrote: post #591
martin-adams wrote: post #493

For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings…

If you ever ask the question "Is this a dumb move or 4D chess?" the answer is literally always "dumb move".

Said everyone about spacex and Tesla too.

That doesn’t mean this twitter thing is going to succeed, but your always “dumb move” comment is not very well founded based on musks history.

The entire tone of voice of this thread is exactly what people said about Tesla 5 years ago and why so many were shorting it. Turns out - that was a bad move.

Re: Twitter has officially changed its logo to ‘X’

#760

Post by mrguyorama »

mgiannopoulos wrote: post #641
AirMax98 wrote: post #598

Earlier quoted context omitted.

> For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back. A reminder that Elon had to be sued into buying this company.

He tried to back away when the stock markets fell making financing more difficult/expensive. He wanted a better price. He still wanted to buy it.

If he wanted a better price he shouldn't have started purchasing talks by posting a ludicrous price on twitter before talking to anyone.

In the normal world, this is called being really stupid and bad at business

Post reply on HN