Twitter board adopts poison pill after Musk’s $43B bid to buy company

Post by itsoktocry » Sat, Apr 16, 2022, 10:25 AM UTC

paisawalla wrote: post #733

ehsankia wrote: post #716

Earlier quoted context omitted.

To think that a company that has failed to create self-driving for nearly a decade could solve "content moderation", one of the hardest problem on the internet that every single of the big companies (who btw hire the best talent) have been struggling with, is truly a shocking statement to me. If all Google and Facebook couldn't solve it, why could a Tesla engineer of all people...

We're not talking about the hardest content problems on the internet. Look at any of Elon Musk's (or anyone in crypto's) popular tweets and you'll see a flood of incredibly obvious bots that poorly mimic his account, spamming some shit coin or advertising a BTC address. Also, you're really understating how good Tesla self-drive is. It's not full self-drive but it's a real achievement.

Post by itsoktocry » Sat, Apr 16, 2022, 10:32 AM UTC

pennaMan wrote: post #757

ehsankia wrote: post #717

Earlier quoted context omitted.

You mean self driving, which they promised would be ready over 5 years ago and still barely at L3 level? Meanwhile Google engineers have actual L4 level self-driving in both Phoenix and San Francisco (by your logic, they are better than Tesla engineers), yet have not managed to solve Youtube's spam problem.

>Meanwhile Google engineers have actual L4 level self-driving They don't have L4 self-driving they just made a contrived railway system for their cars. The second the car is out of the hardcoded route it's not a self driving car anymore.

Post by Siira » Sat, Apr 16, 2022, 10:34 AM UTC

s17n wrote: post #12

maxclark wrote: post #9

Predictably stupid. They're going to come back and say the company is worth >$70B.

That's how the game is played. If you want to take over a company without the consent of its executives, it's going to be a fight and you're probably going to lose.

Post by jeofken » Sat, Apr 16, 2022, 10:44 AM UTC

itsoktocry wrote: post #851

paisawalla wrote: post #733

Earlier quoted context omitted.

We're not talking about the hardest content problems on the internet. Look at any of Elon Musk's (or anyone in crypto's) popular tweets and you'll see a flood of incredibly obvious bots that poorly mimic his account, spamming some shit coin or advertising a BTC address. Also, you're really understating how good Tesla self-drive is. It's not full self-drive but it's a real achievement.

> Also, you're really understating how good Tesla self-drive is How good is it?

Post by WanderPanda » Sat, Apr 16, 2022, 10:49 AM UTC

sakopov wrote: post #689

axg11 wrote: post #129

Earlier quoted context omitted.

The pushback is simple: Twitter stock price was higher than Musk’s offer for most of 2021. We are in a downturn affecting the entire tech industry, and it’s likely that prices will return to previous levels at some point. Elon’s offer is a lowball and Twitter can bring more value to shareholders with or without Elon.

It seems a little funny to me that people flock to the idea that Twitter's market cap in a fed-fueled stock market when literally everything was moving up is some kind of true valuation for Tiwtter. If anything Twitter is likely trading at or very close to its fair value now then it was last year when retail was throwing money into anything.