Elon Musk seeks to take Twitter Private

https://www.dailymail.co.uk/news/ar...ers-travel-expenses-leave-state-abortion.html

Tesla seems to be an independent thinker. People getting their knickers in a twist when he posts a particular tweet that includes something that they may not agree with is more indicative of the reader and the current culture than it is of his views.

The whole movement in left/right discussion is anecdotal. Since Elon is in the US, the sources I tend to see pick data that confirms the outcome the most likely would like to project. Focus on Woke and AOC, the Democrats have gone to the left. Focus on Voldemort, Boebert, and MTG the Republicans have moved to the right. Schumer, Pelosi, Mitch, Cruz, and the guy from Texas who I can't remember are all the same party line, do whatever you have to in order to stay in power politicians.

He is human and his bone to pick is with the woke movement. It skews his outlook. The "silly chart" was meant to be that and anecdotal.

Those gnashing their teeth because they think Elon Musk is going to back the conservatives or those cheering him for the same reason, I think are going to be disappointed.

Taking a step back and taking the emotion out of it, his plans seem to be business and technical in nature. He it going to focus on revenue from those that use Twitter to generate revenue. He is looking to secure communications, eliminate spam and bots. The guess is around his free speech stance. If he does the rest and opens the gates on what verified people (they are who they say they are) say, then he delivers on what he has said.

The best way to combat lies and hate is with debate. I'll admit to being fearful that there is risk to this in people ignoring facts that don't support their argument. We all see it happen. Do we see it when we look in the mirror? Risk and all, I would agree with him that sunshine is the best antiseptic.

Agree with me or tell me to bugger off, it is going to be entertaining.
 

Supafly

Retired Mod
Bronze Member
I think he wants to re-negotiate, probably cut his offer in half.

Even Elon likes to save a couple billion dollars
 

John_8581

FreeOnes Lifetime Member
Elon Musk is a LOSER just like ex-President Donald Trump. He has narcissistic tendencies and apparently has the same immature attitude just like the ex-President. What is with these billionaires? He is also prone to temper tantrums just like Donald Trump when he doesn't get his way. In summary, he's a big cry-baby.

Pay $8.00/mo to join ? I'm not throwing my money away. He can shove my Twitter membership up his arse.

The big news is that Musk brought back Donald Trump and Kanye West. He welcomed them back with open arms. Who knows if Donald Trump will go back. He's doing well with Truth Social.

Yeah let's allow the main guy -- Trump -- who started an Insurrection and a March on the Capitol because he didn't like the results of clean and fair Presidential election. He lost in the courts when he tried to bring lawsuits. His record was 2-43 in the Court system. This January 6, 2021 Riot also caused one Capitol Police officer, Brian Sicknick, to be killed.

Kanye West was banned because he said Anti-Semitic words. More hating on the Jews.

So this weekend, we had more departures from the employment ranks of Twitter. When you have so many layoffs, and job terminations and now resignations - you can't run an effective company like that.

Elon Musk is a total asshole.

I hope his rate of return on this investment gets back pennies on the dollar.
 
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Supafly

Retired Mod
Bronze Member
Here is a good op-ed about the situation

Elon Musk went on a firing frenzy at Twitter. Now he’s paying for it​

Robert Reich
...
when Musk fired half of Twitter’s workers, then threatened to fire any remaining dissenters and demanded that the rest pledge to accept “long hours at high intensity” — leading to the resignations last week of an estimated 1,200 additional Twitter employees — he began to destroy what he bought.

Now he’s panicking. Last week he tried to hire back some of the people he fired. On Friday he sent emails to Twitter employees asking that “anyone who actually writes software” report in, and that he wanted to learn about Twitter’s “tech stack” (its software and related systems).

But even if Musk gets this information, he probably won’t be able to save Twitter.

With most of Twitter’s employees gone, most of its know-how to prevent outages and failures during high-traffic events is also gone, as is most of its know-what is necessary to maintain and enhance computing architecture, most of its know-where to guard against cyberattacks, and most of its know-why hate speech (and other awful stuff advertisers want to avoid) is getting through its filters and what to do about it.

...

https://www.theguardian.com/comment...iring-frenzy-at-twitter-now-hes-paying-for-it
 
Given how reliant on twitter everyone from porn stars, government officials and even first responders are, I wonder if it can really "fail"?
Like, if the company was literally to the point of collapsing and operations were going to cease, I wonder if governments would bail them out?

...and if that did happen, did musk just pull off the con of the century?
 

John_8581

FreeOnes Lifetime Member
Given how reliant on twitter everyone from porn stars, government officials and even first responders are, I wonder if it can really "fail"?
Like, if the company was literally to the point of collapsing and operations were going to cease, I wonder if governments would bail them out?

...and if that did happen, did musk just pull off the con of the century?
The United States Government didn't bail out Lehman Brothers or any of the big airlines, TWA, Eastern, Pan Am and Continental Airlines. The Pension Benefit Guaranty Corporation couldn't even bring back pensions for retired Pan Am workers. Not even the United State Postal Service for that matter is safe. The United Postal Service was told to put their assets and liabilities onto the books by the General Accounting Office.

No Musk will end up regretting his purchase of Twitter.

Though, he'll definitely have enough losses to carryforward each year. And with what the IRS has as a $3,000.00 limit to carry forward every year as long-term capital losses. If the losses are treated as a passive activity then those losses are limited to up to and not exceeding $25,000.00 each year. Think around fifty years to carryforward these losses. It will go into 2072 long after Elon Musk's passing. Maybe his Estate and heirs might be able to continue to carry these losses going forward.

If he disposes of Twitter within a year or too, then he'll be able to write off the remaining losses in full and get a tax break. Sound familiar? That's what Donald Trump did with all his hotels and resorts when he disposed of them in Atlantic City, NJ; Las Vegas, NV and in Kuala Lumpur in Malaysia. With the help of the Bankruptcy Court, that's when he became the "real estate magnate" that he is. In reality, not really. But with Donald Trump and his own way of thinking: He is a very successful businessman. What a joke that is!

"I Pity the Fool" - Mr. T. as Clubber Lang from Rocky III (1982). My take on it, to both Donald Trump and now Elon Musk.
 
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^^Interesting.


I did not know twitter was that small in actual active users, and even total users. Surprising that even facebook is way more active, and that reddit and pinterest are even bigger.

Maybe it's not "too big to fail"?
 
"The distance between insanity and genius is measured only by success"

I'll throw this here as well, since it perfectly describes musk.
 
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