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Elon Musk owns Twitter: The story so far

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Re: Elon Musk owns Twitter: The story so far

#261
post #109

He 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.

No one has been targeted on Twitter solely for being conservative.

This certainly must not be true.

Re: Elon Musk owns Twitter: The story so far

#264
post #198

Does Elon Musk own Twitter, or does a group of bankers orchestrated by him jointly own it with him?

Musk owns 80-90% of Twitter. A few high-profile investors own the other 10-20%. The group of bankers have a huge lien on the company ($13 billion) but assuming that they are paid on time have no equity.

The distinction between "having a lien" and "owning the company" is a false dichotomy. "Owning the company" and "controlling the company" are different, though.

Re: Elon Musk owns Twitter: The story so far

#265
post #210

Earlier quoted context omitted.

I expect Tesla will still be his "crown jewel". He's already announced he's searching for a Twitter CEO. I doubt it would take him much time out of his day to set a general vision for Twitter. Jeff Bezos for example owns the Washington Post, but doesn't run it (which will likely be the case with Musk and Twitter in a few months), and it doesn't seem to have detracted from anything while he was still CEO of Amazon. Fi…

Is Tesla really his crown jewel though? I always thought that was SpaceX.

Twitter I think will be his crown jewel!

A kitchen sink app in which..

- Use Twitter to pay for parking (tired of downloading tons of apps in different cities to do this)

- Musk should find other verticals where ppl have to download multiple apps to do the same thing.. just do it in Twitter

- Make Twitter a public Internet identity system. You want to troll online use your fake account... you want to be serious, comment online using your verified Internet ID that Twitter has verified you in many ways

- Free speech .. cesspool continues and worse via anonymous/fake Twitter accounts. Slightly less when one uses their verified account

I think he could triple his investment with a kitchen sink app!

Re: Elon Musk owns Twitter: The story so far

#266

If I was working at Twitter right now I would be looking for a different job, regardless of what I think of Elon's politics/motives. The talk of layoffs and major policy changes creates massive uncertainty and I don't think I'd risk sticking out the transition. I bet many inside the company feel the same. This begs the question: If there is a major exodus, will it even matter? And, if it does, how will the problems m…

> Reduced reliability? Slower feature velocity? Less innovation?

Slower feature velocity usually means higher reliability as changes to systems are usually what causes big systems to fail or enter degraded performance modes.

If Musk ramps up development and forces out more features faster, that'd lead to lower reliability most commonly.

Re: Elon Musk owns Twitter: The story so far

#267
post #162

Earlier quoted context omitted.

> Space-X seems to be doing OK with Gwynne Shotwell running things. Find Gwynne Chatwell for Twitter, and Bob's our uncle!

Sheryl Sandberg?

He should not bring in anyone from existing social media if he wants to change the direction of twitter like he claimed when he bought it.

Bringing in a "Traditional" Social media Exec will just result in repeating the same policies all social media companies have, including the clear political bias all of these companies have

Re: Elon Musk owns Twitter: The story so far

#268
post #8

It 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.

You can already put whatever text you want on the internet pretty easily. Twitter is not necessary here.

Re: Elon Musk owns Twitter: The story so far

#269
post #11

I think the thing to watch will be ads and other revenue streams. Most companies aren't going to want their ads next to 'free for all' content, so we'll see what happens.

The 'brand safety' super omnia argument isn't nearly as straightforward as it's made out to be. Twitter already has an enormous amount of content that is perfectly within the terms of service, yet that you wouldn't think most companies would want their ads next to. Hardcore pornography, for example. It more or less works out, because Twitter ads aren't associated with particular tweets in the same way that YouTube ads are associated with particular videos.

The argument only goes through when you look at the platform reputation as a whole. That's why platforms like Parler have trouble attracting ads. There are a lot – a lot – of people trying to hit Twitter's platform reputation right now, but their problem is that the best place to degrade companies' (and people's) reputations is Twitter.

Re: Elon Musk owns Twitter: The story so far

#270
I continue to not understand why anyone would buy Twitter, or care about "free speech!" as a business directive.

There are plenty of "free speech!" Twitter like products. They attract a niche, and likely unprofitable demographic. That audience actively turns away more valuable, and broader demographics.

This whole thing baffles me.

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