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Elon Musk now owns Twitter, apparently trying to run it into the ground

Jman

By Jman
in Current Events

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It kills me that some of the people who defend confederate monuments citing the importance of history are the same ones attacking the teaching of our historical inequality and injustices as being 'Wok

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Ginguy Freakin Mutant

Ginguy

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So, when Twitter is revealed to have lied about the number of bots, Elon will get to either; buy at a much lower price reflective of the true number of bots, or walk away entirely scot-free and leave Twitter to the tender mercy of advertisers who were grossly overcharged and are likely to be very litigious.

 

 

 

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stilgar Monster Mutant

stilgar

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10 minutes ago, Ginguy said:

So, when Twitter is revealed to have lied about the number of bots, Elon will get to either; buy at a much lower price reflective of the true number of bots, or walk away entirely scot-free and leave Twitter to the tender mercy of advertisers who were grossly overcharged and are likely to be very litigious.

This shit is hilarious.

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scoobdog Monster Mutant

scoobdog

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1 hour ago, Ginguy said:

So, when Twitter is revealed to have lied about the number of bots, Elon will get to either; buy at a much lower price reflective of the true number of bots, or walk away entirely scot-free and leave Twitter to the tender mercy of advertisers who were grossly overcharged and are likely to be very litigious.

 

 

 

He was telling his mom this just the other day while she was reheating his bowl of Spaghetti-Os after his afternoon nap.

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matrixman124 Icon

matrixman124

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13 hours ago, Ginguy said:

So, when Twitter is revealed to have lied about the number of bots, Elon will get to either; buy at a much lower price reflective of the true number of bots, or walk away entirely scot-free and leave Twitter to the tender mercy of advertisers who were grossly overcharged and are likely to be very litigious.

 

 

 

Where was the bot clause in the contract again? The one where he waived due diligence?

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Sawdy Luminary

Sawdy

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12 hours ago, scoobdog said:

He was telling his mom this just the other day while she was reheating his bowl of Spaghetti-Os after his afternoon nap.

While saying, “One minute to Wapner”

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Ginguy Freakin Mutant

Ginguy

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6 hours ago, matrixman124 said:

Where was the bot clause in the contract again? The one where he waived due diligence?

Actually that would be the part of contract law where fraud on the part of one (or both) parties voids the contract, regardless of waiving due diligence.

matrixman124 Icon

matrixman124

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2 minutes ago, Ginguy said:

Actually that would be the part of contract law where fraud on the part of one (or both) parties voids the contract, regardless of waiving due diligence.

But he brought up the bots after they signed the contract. So there was no fraud when the contract was signed.

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scoobdog Monster Mutant

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I wonder what his game is now.  I suspect he's had enough self-owning and he needs a lot of the bad publicity to go away.  Also, could mean Tesla stock is about to crater.  Always a new adventure with him.

Master-Debater131 Hero

Master-Debater131

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6 hours ago, scoobdog said:

I wonder what his game is now.  I suspect he's had enough self-owning and he needs a lot of the bad publicity to go away.  Also, could mean Tesla stock is about to crater.  Always a new adventure with him.

The game is that he had a scheduled deposition this week. 


So he had the choice of either going through with his first offer or having to stand trial and be deposed in the lawsuit.

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Seight Monster Mutant

Seight

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8 hours ago, Jman said:


Looks like he’s going to buy it out.  Twitter stock is surging as a result.

So he was finally given enough proof of how much of the userbase is real and not bots.

Or, he realized the SEC was going to get on his entire ass because they felt he was manipulating the price of a publicly-traded company's stock with all this stupid bullshit.

...It's definitely at least one of those.

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naraku360 Monster Mutant

naraku360

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8 hours ago, Jman said:


Looks like he’s going to buy it out.  Twitter stock is surging as a result.

He's going to get what happens when you turn social media into a safe space for conservative snowflakes:

Lots and lots of cp.

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scoobdog Monster Mutant

scoobdog

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3 hours ago, Master-Debater131 said:

The game is that he had a scheduled deposition this week. 


So he had the choice of either going through with his first offer or having to stand trial and be deposed in the lawsuit.


Lol.  He’s so fucked I don’t think the deposition is going to make a difference.  He could go through most of the trial without making much of a difference.  No, Something else is creating a sense of urgency and I think it’s Tesla related.

  • 3 weeks later...
Jman Super Hero

Jman

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20 minutes ago, Master-Debater131 said:

 

He walked into Twitter HQ literally carrying a sink today.   Deal should close soon from the sounds of things.

Not like he had much of a choice.

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Master-Debater131 Hero

Master-Debater131

Posted
Posted (edited)
23 minutes ago, Jman said:

Not like he had much of a choice.

Once he signed the initial offer this was always the end outcome. I figured his whole lawsuit was just a bid to lower the price, and it didnt work. Now we are right back to where we started, Elon having to buy Twitter at the original price.

 

On a side note, when the price crashed and then the lawsuit was announced I jumped all over Twitter stock. So I am pretty pleased with how this has gone down on a personal level :D. I wont make a ton, but it should be just about enough to cover my car payment next month. So Thanks Elon!

Edited by Master-Debater131
Jman Super Hero

Jman

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47 minutes ago, matrixman124 said:

I would probably pull your money out now. Elon is going to completely kill Twitter.

Pulling the cash out at the sale price is usually the wisest choice, especially here where it’s clear most of the management is happy to dump this on Musk.

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matrixman124 Icon

matrixman124

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Posted
12 minutes ago, Master-Debater131 said:

Shares are frozen.  Once the sale is finalized the shares will automatically be removed from my account at the purchase price. I don't have to do anything to sell my shares. Its all automated at this point.

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Jman Super Hero

Jman

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Congratulations to everyone on this board who has Twitter stock.  Go get yourselves a nice steak for lunch.

Condolences for everyone working for Twitter.  Things sound like they’re about to go sideways.

1pooh4u Monster Mutant

1pooh4u

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I hope Twitter becomes a cesspool under Musk’s control (a worse cesspool than it is now) and users abandon ship in such huge numbers he will have no choice but to remove bullshit misinformation and lies. 

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matrixman124 Icon

matrixman124

Posted
Posted
Just now, 1pooh4u said:

I hope Twitter becomes a cesspool under Musk’s control (a worse cesspool than it is now) and users abandon ship in such huge numbers he will have no choice but to remove bullshit misinformation and lies. 

It's going to be abandoned from the additional concessions to advertisers alone. Its transformation into 4chan will just be the final race to the bottom.

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1pooh4u Monster Mutant

1pooh4u

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At some point the EU will make internet content regulations and Musk will have to comply or risk having no market in the EU they forced Apple to switching from their dumb lightning cables to usb so anything is possible 

naraku360 Monster Mutant

naraku360

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5 hours ago, matrixman124 said:

Besides him firing a bunch of workforce soon, we also have this to look forward to.

20221027_113433.jpg

Take that, Big Tech!

amirite or amirite, @Ginguy?

Really showed them by downsizing into more datamining.

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Poofy Aristocrat

Poofy

Posted
Posted
5 hours ago, matrixman124 said:

Besides him firing a bunch of workforce soon, we also have this to look forward to.

20221027_113433.jpg

 I can't wait for his fans to explain to me how ads are content now

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Raptorpat Monster Mutant

Raptorpat

Posted
Posted
59 minutes ago, katt_goddess said:

Yep, because more ads never ruined a website's functionality ever.

remember that time we tried to trial run embedding ads here?

yeah, let's never talk about that ever again

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matrixman124 Icon

matrixman124

Posted
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56 minutes ago, Raptorpat said:

remember that time we tried to trial run embedding ads here?

yeah, let's never talk about that ever again

Nah see you have to do it the Musk way. Which is that the changes have to be implemented by Musk. No other difference.

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