Elon Musk bought Twitter.

Where goats go to escape
Post Reply
User avatar
Marylandolorian
Posts: 1245
Joined: Thu Jul 02, 2020 2:47 pm
Location: Amerikanuak

World’s richest man in charge of the world’s most influential platforms, what can go wrong?

https://www.bbc.com/news/business-61222470
User avatar
Ymx
Posts: 8557
Joined: Mon Jun 29, 2020 7:03 pm

Do the regulators (SEC) still need to approve it?
User avatar
Kawazaki
Posts: 4775
Joined: Tue Jun 30, 2020 8:25 am

Twitter is a cesspit but I suspect it just got even worse.
User avatar
TB63
Posts: 3998
Joined: Mon Jun 29, 2020 9:11 pm
Location: Tinopolis

Let's see if Dump gets reinstated, seeing as Truth Social is such a runaway success.. :lol:
User avatar
TB63
Posts: 3998
Joined: Mon Jun 29, 2020 9:11 pm
Location: Tinopolis

User avatar
Marylandolorian
Posts: 1245
Joined: Thu Jul 02, 2020 2:47 pm
Location: Amerikanuak

EnergiseR2 wrote: Mon Apr 25, 2022 7:48 pm I'm not on twanker. Join me
#metoo , never been and now for sure never will .
User avatar
Fonz
Posts: 282
Joined: Tue Jun 30, 2020 2:46 am
Location: Florida

Marylandolorian wrote: Mon Apr 25, 2022 8:47 pm
EnergiseR2 wrote: Mon Apr 25, 2022 7:48 pm I'm not on twanker. Join me
#metoo , never been and now for sure never will .
It's probably the least offensive social media site.

Admittedly, a very, very low bar.
User avatar
eldanielfire
Posts: 852
Joined: Tue Jun 30, 2020 2:01 pm

Ymx wrote: Mon Apr 25, 2022 7:55 pm Do the regulators (SEC) still need to approve it?
Yeah, but as Elon has no other social media sites it appears it's unlikely to have reason to be blocked.
User avatar
Tichtheid
Posts: 9350
Joined: Wed Aug 26, 2020 11:18 am

I do these silly comparisons from time to time

Lieutenant James Cook sighted New Zealand on 6 October 1769

253 years ago.

I'm going to make it easy and use 365 days in a year, 253 x 365 = 92 345 days since 1769

If Cook had spent two million dollars every single days since, he'd have spent something in the region of ninety two thousand times two million, which is around 184 billion, lets round it up to account for leap years and trips to Starbucks and call it a round 200 billion dollars.

Musk would still have some $64.5Bn left.

That's Twitter and change

He could have done some good with the money
Dinsdale Piranha
Posts: 1005
Joined: Mon Jun 29, 2020 10:08 pm

Tichtheid wrote: Mon Apr 25, 2022 9:22 pm I do these silly comparisons from time to time

Lieutenant James Cook sighted New Zealand on 6 October 1769

253 years ago.

I'm going to make it easy and use 365 days in a year, 253 x 365 = 92 345 days since 1769

If Cook had spent two million dollars every single days since, he'd have spent something in the region of ninety two thousand times two million, which is around 184 billion, lets round it up to account for leap years and trips to Starbucks and call it a round 200 billion dollars.

Musk would still have some $64.5Bn left.

That's Twitter and change

He could have done some good with the money
Of course if Captain Cook had taken what he spent on the Endeavour and invested it rather than toddlling round the Pacific, he's be able to buy twitter and have $200 billion or so left over.
User avatar
Kawazaki
Posts: 4775
Joined: Tue Jun 30, 2020 8:25 am

If Musk spent $1 dollar every second for 24 hours every day it would take him just over 11½ weeks to spend $1m dollars.

If he carried on spending, it would take more than 31 years to reach $1bn dollars and just under 1400 years to reach $44bn dollars spending $1 one second at a time.
User avatar
Tichtheid
Posts: 9350
Joined: Wed Aug 26, 2020 11:18 am

Dinsdale Piranha wrote: Mon Apr 25, 2022 9:50 pm
Tichtheid wrote: Mon Apr 25, 2022 9:22 pm I do these silly comparisons from time to time

Lieutenant James Cook sighted New Zealand on 6 October 1769

253 years ago.

I'm going to make it easy and use 365 days in a year, 253 x 365 = 92 345 days since 1769

If Cook had spent two million dollars every single days since, he'd have spent something in the region of ninety two thousand times two million, which is around 184 billion, lets round it up to account for leap years and trips to Starbucks and call it a round 200 billion dollars.

Musk would still have some $64.5Bn left.

That's Twitter and change

He could have done some good with the money
Of course if Captain Cook had taken what he spent on the Endeavour and invested it rather than toddlling round the Pacific, he's be able to buy twitter and have $200 billion or so left over.

I was more going for the absurdity angle on $264Bn personal wealth, even if it is tied up in convoluted ways, he could still cash in a lot of it and choose to do some good instead of spending on vanity projects.

If Trumps gets reinstated then it's not even a harmless vanity project
petej
Posts: 2456
Joined: Thu Nov 04, 2021 10:41 am
Location: Gwent

Can he be more of a turd than Zuckerberg? Probably.
User avatar
Fonz
Posts: 282
Joined: Tue Jun 30, 2020 2:46 am
Location: Florida

Tichtheid wrote: Mon Apr 25, 2022 10:10 pm
Dinsdale Piranha wrote: Mon Apr 25, 2022 9:50 pm
Tichtheid wrote: Mon Apr 25, 2022 9:22 pm I do these silly comparisons from time to time

Lieutenant James Cook sighted New Zealand on 6 October 1769

253 years ago.

I'm going to make it easy and use 365 days in a year, 253 x 365 = 92 345 days since 1769

If Cook had spent two million dollars every single days since, he'd have spent something in the region of ninety two thousand times two million, which is around 184 billion, lets round it up to account for leap years and trips to Starbucks and call it a round 200 billion dollars.

Musk would still have some $64.5Bn left.

That's Twitter and change

He could have done some good with the money
Of course if Captain Cook had taken what he spent on the Endeavour and invested it rather than toddlling round the Pacific, he's be able to buy twitter and have $200 billion or so left over.

I was more going for the absurdity angle on $264Bn personal wealth, even if it is tied up in convoluted ways, he could still cash in a lot of it and choose to do some good instead of spending on vanity projects.

If Trumps gets reinstated then it's not even a harmless vanity project
While it certainly remains to be seen how this will all pan out, this move definitely at least has the possibility of doing a whole lot of good.

This is actually one reason I shifted my position on him (he used to annoy me, now I kinda like him): if nothing else he does actually have some audacious change-the-world ambition, beyond counting his money. Even if it's zany shit like building a rocket tube across California or whatever that was all about.

Plus he made driving electric cars cool, and he deserves some love for that. God only knows how many thousands of acres of rainforest we could have saved had driving a Prius not made you look like a raging bender.
User avatar
Guy Smiley
Posts: 5996
Joined: Mon Jun 29, 2020 7:52 pm

petej wrote: Mon Apr 25, 2022 10:27 pm Can he be more of a turd than Zuckerberg? Probably.
Zuckerberg is a reptile. Musk is a bull elephant.
User avatar
Enzedder
Posts: 3534
Joined: Mon Jun 29, 2020 6:55 pm
Location: Hamilton NZ

Marylandolorian wrote: Mon Apr 25, 2022 8:47 pm
EnergiseR2 wrote: Mon Apr 25, 2022 7:48 pm I'm not on twanker. Join me
#metoo , never been and now for sure never will .
And me.
I drink and I forget things.
Gumboot
Posts: 7987
Joined: Tue Jun 30, 2020 9:17 am

Enzedder wrote: Mon Apr 25, 2022 11:58 pm
Marylandolorian wrote: Mon Apr 25, 2022 8:47 pm
EnergiseR2 wrote: Mon Apr 25, 2022 7:48 pm I'm not on twanker. Join me
#metoo , never been and now for sure never will .
And me.
Likewise. I had a facebook account for a couple of weeks over a decade ago, but that's been the sum of my social media involvement.
User avatar
Niegs
Posts: 3378
Joined: Thu Aug 13, 2020 3:20 pm

Musk Bros (or bots?) out in force defending the lad...

Image
User avatar
Guy Smiley
Posts: 5996
Joined: Mon Jun 29, 2020 7:52 pm

https://newsthump.com/2022/04/25/madman ... Ys8FCcwaUQ
Madman to buy toilet wall for $44bn
User avatar
Kiwias
Posts: 6801
Joined: Sat Jul 04, 2020 1:44 am

Enzedder wrote: Mon Apr 25, 2022 11:58 pm
Marylandolorian wrote: Mon Apr 25, 2022 8:47 pm
EnergiseR2 wrote: Mon Apr 25, 2022 7:48 pm I'm not on twanker. Join me
#metoo , never been and now for sure never will .
And me.
Me too. Facebook helps keep in touch with far-spread family and friends and that is sufficient for me.
User avatar
Ymx
Posts: 8557
Joined: Mon Jun 29, 2020 7:03 pm

eldanielfire wrote: Mon Apr 25, 2022 9:15 pm
Ymx wrote: Mon Apr 25, 2022 7:55 pm Do the regulators (SEC) still need to approve it?
Yeah, but as Elon has no other social media sites it appears it's unlikely to have reason to be blocked.
True. Assume the deal was done in a legit way. Although he did fuck up the sec filing notice when he did his first investment. Though I guess that’s more likely to be a fine then anything else.
User avatar
Ymx
Posts: 8557
Joined: Mon Jun 29, 2020 7:03 pm

So he paid a premium of 40% over the market price to secure it.
User avatar
eldanielfire
Posts: 852
Joined: Tue Jun 30, 2020 2:01 pm

Kiwias wrote: Tue Apr 26, 2022 2:20 am
Enzedder wrote: Mon Apr 25, 2022 11:58 pm
Marylandolorian wrote: Mon Apr 25, 2022 8:47 pm
#metoo , never been and now for sure never will .
And me.
Me too. Facebook helps keep in touch with far-spread family and friends and that is sufficient for me.
Twitter is useful in man ways. I said for years for things like information on women's rugby it was a goldmine that opened up inform that couldn't have been got easily anywhere else. But over the years it got made into the political activist platform and dominated by idiots.

This wouldn't be a problem but while Twitter is less popular now than even Snapchat, and 80% never/barely ever actually comments, it's the platform that most greatly influence media, politics and business culture due to it's ease of connectivity and the fact it's very much dominated by social elites. Hence why so many political and media figures get what the wider public wants so inaccurately or wrongly.
User avatar
laurent
Posts: 2122
Joined: Tue Jun 30, 2020 6:36 am

Not keen on the bloke will most likely upstic from twitter

Not sure I'll go somewhere else
User avatar
Kiwias
Posts: 6801
Joined: Sat Jul 04, 2020 1:44 am

eldanielfire wrote: Tue Apr 26, 2022 5:43 am
Kiwias wrote: Tue Apr 26, 2022 2:20 am
Enzedder wrote: Mon Apr 25, 2022 11:58 pm

And me.
Me too. Facebook helps keep in touch with far-spread family and friends and that is sufficient for me.
Twitter is useful in man ways. I said for years for things like information on women's rugby it was a goldmine that opened up inform that couldn't have been got easily anywhere else. But over the years it got made into the political activist platform and dominated by idiots.

This wouldn't be a problem but while Twitter is less popular now than even Snapchat, and 80% never/barely ever actually comments, it's the platform that most greatly influence media, politics and business culture due to it's ease of connectivity and the fact it's very much dominated by social elites. Hence why so many political and media figures get what the wider public wants so inaccurately or wrongly.
All excellent points but I guess that I just am not that interested in that the wider public wants. Call me a grumpy old sod who pines for the fjords.
User avatar
Paddington Bear
Posts: 5904
Joined: Tue Jun 30, 2020 3:29 pm
Location: Hertfordshire

It is amusing watching the people who screamed 'it's a private company, they can do what they want' switch places with the free speech crowd
Old men forget: yet all shall be forgot, But he'll remember with advantages, What feats he did that day
User avatar
Uncle fester
Posts: 4147
Joined: Mon Jun 29, 2020 9:42 pm

How does he propose to get rid of bots?
User avatar
Ymx
Posts: 8557
Joined: Mon Jun 29, 2020 7:03 pm

Uncle fester wrote: Tue Apr 26, 2022 6:36 am How does he propose to get rid of bots?
He was talking about some kind of ID verification
User avatar
Uncle fester
Posts: 4147
Joined: Mon Jun 29, 2020 9:42 pm

Oh lovely
User avatar
eldanielfire
Posts: 852
Joined: Tue Jun 30, 2020 2:01 pm

Paddington Bear wrote: Tue Apr 26, 2022 6:32 am It is amusing watching the people who screamed 'it's a private company, they can do what they want' switch places with the free speech crowd
I agree :lol:

The whole "If Musk buys Twitter I'm leaving" is also a flip on those who mocked conservatives and anti-woke liberals who said they were going to Parler or whatever it was and are now doing the same.
User avatar
laurent
Posts: 2122
Joined: Tue Jun 30, 2020 6:36 am

Paddington Bear wrote: Tue Apr 26, 2022 6:32 am It is amusing watching the people who screamed 'it's a private company, they can do what they want' switch places with the free speech crowd
They can do what they want indeed. And a lot of users seem to be leaving (I left myspace before it became empty wasteland never joined creepy faecesbouc or any of it's subs)
(just the same I have not used amazon for a long time).
A company owned by a "libertarian" is not appealing to a lot of people with good reasons.
User avatar
Paddington Bear
Posts: 5904
Joined: Tue Jun 30, 2020 3:29 pm
Location: Hertfordshire

laurent wrote: Tue Apr 26, 2022 7:03 am
Paddington Bear wrote: Tue Apr 26, 2022 6:32 am It is amusing watching the people who screamed 'it's a private company, they can do what they want' switch places with the free speech crowd
They can do what they want indeed. And a lot of users seem to be leaving (I left myspace before it became empty wasteland never joined creepy faecesbouc or any of it's subs)
(just the same I have not used amazon for a long time).
A company owned by a "libertarian" is not appealing to a lot of people with good reasons.
Hmm most of the people who say that they're leaving are completely addicted to the app, it's the 'if x wins the election I'm leaving the country' of the internet.
Old men forget: yet all shall be forgot, But he'll remember with advantages, What feats he did that day
User avatar
laurent
Posts: 2122
Joined: Tue Jun 30, 2020 6:36 am

Paddington Bear wrote: Tue Apr 26, 2022 7:20 am
laurent wrote: Tue Apr 26, 2022 7:03 am
Paddington Bear wrote: Tue Apr 26, 2022 6:32 am It is amusing watching the people who screamed 'it's a private company, they can do what they want' switch places with the free speech crowd
They can do what they want indeed. And a lot of users seem to be leaving (I left myspace before it became empty wasteland never joined creepy faecesbouc or any of it's subs)
(just the same I have not used amazon for a long time).
A company owned by a "libertarian" is not appealing to a lot of people with good reasons.
Hmm most of the people who say that they're leaving are completely addicted to the app, it's the 'if x wins the election I'm leaving the country' of the internet.
Apparently Mastodon registrations went through the roof yesterday.
User avatar
Paddington Bear
Posts: 5904
Joined: Tue Jun 30, 2020 3:29 pm
Location: Hertfordshire

laurent wrote: Tue Apr 26, 2022 7:22 am
Paddington Bear wrote: Tue Apr 26, 2022 7:20 am
laurent wrote: Tue Apr 26, 2022 7:03 am

They can do what they want indeed. And a lot of users seem to be leaving (I left myspace before it became empty wasteland never joined creepy faecesbouc or any of it's subs)
(just the same I have not used amazon for a long time).
A company owned by a "libertarian" is not appealing to a lot of people with good reasons.
Hmm most of the people who say that they're leaving are completely addicted to the app, it's the 'if x wins the election I'm leaving the country' of the internet.
Apparently Mastodon registrations went through the roof yesterday.
Never heard of it but I assume it's the same principle as those various apps Trump has tried with no success. Twitter remains the dominant app of the West's cultural elite and a vast number of influential people are utterly addicted to the point that they've trashed their reputations through using it, and yet still post. The chances are very little changes.
Old men forget: yet all shall be forgot, But he'll remember with advantages, What feats he did that day
User avatar
laurent
Posts: 2122
Joined: Tue Jun 30, 2020 6:36 am

Paddington Bear wrote: Tue Apr 26, 2022 7:24 am
laurent wrote: Tue Apr 26, 2022 7:22 am
Paddington Bear wrote: Tue Apr 26, 2022 7:20 am

Hmm most of the people who say that they're leaving are completely addicted to the app, it's the 'if x wins the election I'm leaving the country' of the internet.
Apparently Mastodon registrations went through the roof yesterday.
Never heard of it but I assume it's the same principle as those various apps Trump has tried with no success. Twitter remains the dominant app of the West's cultural elite and a vast number of influential people are utterly addicted to the point that they've trashed their reputations through using it, and yet still post. The chances are very little changes.
Actually Mastodon is the App the trump team tried to rebrand/use as "Truth". If they finally did they may have issues with copyright (free software licences usually mean you cannot modify without publishing the changes).
I have not followed that story much but originally there was lawsuits (surprisingly :lol: ).
robmatic
Posts: 2073
Joined: Tue Jun 30, 2020 7:46 am

I kind of hate Twitter as a tool for interaction but it's essential for me to keep informed with what's happening in Turkey. Anglophone media coverage of the country is pretty poor and the Turkish media is completely under the authoritarian thumb (apart from the local Fox franchise, weirdly) but the Twittersphere is relatively informative despite Twitter itself going along with a fairly active censorship regime.
User avatar
eldanielfire
Posts: 852
Joined: Tue Jun 30, 2020 2:01 pm

Kiwias wrote: Tue Apr 26, 2022 6:04 am
eldanielfire wrote: Tue Apr 26, 2022 5:43 am
Kiwias wrote: Tue Apr 26, 2022 2:20 am

Me too. Facebook helps keep in touch with far-spread family and friends and that is sufficient for me.
Twitter is useful in man ways. I said for years for things like information on women's rugby it was a goldmine that opened up inform that couldn't have been got easily anywhere else. But over the years it got made into the political activist platform and dominated by idiots.

This wouldn't be a problem but while Twitter is less popular now than even Snapchat, and 80% never/barely ever actually comments, it's the platform that most greatly influence media, politics and business culture due to it's ease of connectivity and the fact it's very much dominated by social elites. Hence why so many political and media figures get what the wider public wants so inaccurately or wrongly.
All excellent points but I guess that I just am not that interested in that the wider public wants. Call me a grumpy old sod who pines for the fjords.
We all do. But you aren't alone, 80% of twitter accounts where just following, never really using the platform. and even then 80% of comments were amde by the most extrem 10-20% of those posting. There's a superb few studies doen on this, often quoted by Psychologist Jonathan Haidt.

Interesting Jack Dorsey seems to fully endorse the Musk takeover and is saying Twitter was previouslyc ontrolled by Wallstreet and ad companies to much

Image
User avatar
Torquemada 1420
Posts: 10978
Joined: Thu Jul 02, 2020 8:22 am
Location: Hut 8

Who cares?
User avatar
Kawazaki
Posts: 4775
Joined: Tue Jun 30, 2020 8:25 am

eldanielfire wrote: Tue Apr 26, 2022 8:03 am
Kiwias wrote: Tue Apr 26, 2022 6:04 am
eldanielfire wrote: Tue Apr 26, 2022 5:43 am

Twitter is useful in man ways. I said for years for things like information on women's rugby it was a goldmine that opened up inform that couldn't have been got easily anywhere else. But over the years it got made into the political activist platform and dominated by idiots.

This wouldn't be a problem but while Twitter is less popular now than even Snapchat, and 80% never/barely ever actually comments, it's the platform that most greatly influence media, politics and business culture due to it's ease of connectivity and the fact it's very much dominated by social elites. Hence why so many political and media figures get what the wider public wants so inaccurately or wrongly.
All excellent points but I guess that I just am not that interested in that the wider public wants. Call me a grumpy old sod who pines for the fjords.
We all do. But you aren't alone, 80% of twitter accounts where just following, never really using the platform. and even then 80% of comments were amde by the most extrem 10-20% of those posting. There's a superb few studies doen on this, often quoted by Psychologist Jonathan Haidt.

Interesting Jack Dorsey seems to fully endorse the Musk takeover and is saying Twitter was previouslyc ontrolled by Wallstreet and ad companies to much

Image

What a crock of shit! Who sold it to Wall Street FFS?!
Post Reply