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Elon Musk AKA "king midas" WILL TANK AFTER BUYING TWITTER
MACS Offline
#51 Posted:
Joined: 02-26-2004
Posts: 76,930
Yeah... the lefties said they were leaving if Trump won and none of them left.

Echo chamber is okay as long as it's your echo?

He ain't driving anyone out. They SAY they're leaving, but they won't.
delta1 Offline
#52 Posted:
Joined: 11-23-2011
Posts: 27,642
they didn't leave cuz Trump got dumped...

maybe when he's re-admitted...
MACS Offline
#53 Posted:
Joined: 02-26-2004
Posts: 76,930
^C'mon, man... you know they cried like little beyotches and claimed the sky was falling. NONE of what they predicted happened until this Biden moron took officce. Now it's a sheit show.
delta1 Offline
#54 Posted:
Joined: 11-23-2011
Posts: 27,642
wouldn't really know...never been a Twit
CelticBomber Offline
#55 Posted:
Joined: 05-03-2012
Posts: 6,786
MACS wrote:
Yeah... the lefties said they were leaving if Trump won and none of them left.

Echo chamber is okay as long as it's your echo?

He ain't driving anyone out. They SAY they're leaving, but they won't.


Twitter has lost a ton of advertisers. Companies like United Airlines, General Motors, REI, General Mills and Audi to name a few. Musk himself has said the company has taken a huge financial hit. In the meantime he's been selling Tesla stock like crazy to help fund the purchase and keep twitter going. Something he said he wouldn't do. Tesla stock has dropped 46% in the last year mainly due to inflation and Elon selling his stock. The first time he sold twitter stock he caused Tesla's valuation to drop by more than 60%. Musk will be fine. His shareholders on the other hand are not happy. No one wanted Musk to buy Twitter. Even Musk tried to get out of the deal. He had to hire back a bunch of people he laid off because it turns out Twitter needs employees that actually know how to keep Twitter running. Personally, Twitter could go away tomorrow and I wouldn't care. It's full of morons of every ilk screaming at each other. But, that's just me. I think social media has done far more harm than good.
MACS Offline
#56 Posted:
Joined: 02-26-2004
Posts: 76,930
CelticBomber wrote:
...Personally, Twitter could go away tomorrow and I wouldn't care. It's full of morons of every ilk screaming at each other. But, that's just me. I think social media has done far more harm than good.


I've got to agree with that sentiment. I never had twitter, still don't have a desire to get it.
clintCigar Offline
#57 Posted:
Joined: 05-14-2019
Posts: 4,437
Pfizer left too. Good fuckkkin riddance.
Mr. Jones Offline
#58 Posted:
Joined: 06-12-2005
Posts: 17,728
THE TWITTER AQUISITION W.I.L.L. BE ELON'S D.O.W.N.F.A.L.L....


GAURENTEEEEDDDD
DrafterX Offline
#59 Posted:
Joined: 10-18-2005
Posts: 96,836
Biden says Musk's foreign dealings should be looked into... Think
Stogie1020 Offline
#60 Posted:
Joined: 12-19-2019
Posts: 3,926
DrafterX wrote:
Biden says Musk's foreign dealings should be looked into... Think

Such irony.
DrafterX Offline
#61 Posted:
Joined: 10-18-2005
Posts: 96,836
Yep... there should be outrage.. Mellow
ZRX1200 Online
#62 Posted:
Joined: 07-08-2007
Posts: 58,389
There should be, but look at all the special needs voters who rode the short bus to the polls.

We may need FEMA to start handing out Denmar helmets to these troglodytes.
Mr. Jones Offline
#63 Posted:
Joined: 06-12-2005
Posts: 17,728
Denmark helmets??

Your insensitive....

What did the Danes ever do to you?
rfenst Offline
#64 Posted:
Joined: 06-23-2007
Posts: 37,331
So, anyone think Twitter is in a better position now than the mess it already was?
DrMaddVibe Offline
#65 Posted:
Joined: 10-21-2000
Posts: 53,422
rfenst wrote:
So, anyone think Twitter is in a better position now than the mess it already was?



Robert...it was a $hitshow echo chamber before he bought it...so....I really wish he'd release the algorithm and show how they colluded and burn it all down.
Mr. Jones Offline
#66 Posted:
Joined: 06-12-2005
Posts: 17,728
Just go bankrupt and take a massive tax write off for the next seven years in a row...I'm pretty sure that is allowable??

You don't have to claim it all in one yr??

Screw TWITTER .... AND THAT GOOFY F*K WHO USED TO OWN IT "JACK somebody" with a beard and no mustache AND ALWAYS BARE FOOT like a fake Amish ELDER deeek...HE WAS AND STILL IS A DEEEK BUT A RICH DEEEEK NOW WITH NO JOB.....

ITS FOR LOSER MILLENNIALS WHO ARE ALL WHINING
BEOTCH SNOWFLAKE T.U.R.D.S. ANWAY...
Mr. Jones Offline
#67 Posted:
Joined: 06-12-2005
Posts: 17,728
Jack Dorsey the fake tie-dyed Amish f*k
And Evan Williams ( the guy stole the name of GREAT BOURBON FOR SOME REASON) BUT HE'S A DEEEK TOO.
MACS Offline
#68 Posted:
Joined: 02-26-2004
Posts: 76,930
Mr. Jones wrote:
Jack Dorsey the fake tie-dyed Amish f*k
And Evan Williams ( the guy stole the name of GREAT BOURBON FOR SOME REASON) BUT HE'S A DEEEK TOO.


Tried Evan Williams BIB today. It blows. I'll keep it around for folks that like to mix bourbon and coke.
rfenst Offline
#69 Posted:
Joined: 06-23-2007
Posts: 37,331
Mr. Jones wrote:
Just go bankrupt and take a massive tax write off for the next seven years in a row...I'm pretty sure that is allowable??

You don't have to claim it all in one yr??

Screw TWITTER .... AND THAT GOOFY F*K WHO USED TO OWN IT "JACK somebody" with a beard and no mustache AND ALWAYS BARE FOOT like a fake Amish ELDER deeek...HE WAS AND STILL IS A DEEEK BUT A RICH DEEEEK NOW WITH NO JOB.....

ITS FOR LOSER MILLENNIALS WHO ARE ALL WHINING
BEOTCH SNOWFLAKE T.U.R.D.S. ANWAY...

"How many years can you claim a business loss on your taxes?
The IRS will only allow you to claim losses on your business for three out of five tax years. If you don't show that your business is starting to make a profit, then the IRS can prohibit you from claiming your business losses on your taxes."

There have to be past or future profits to get the corporate tax benefits...
Mr. Jones Offline
#70 Posted:
Joined: 06-12-2005
Posts: 17,728
From reading about the last 7 days news about this new AQUISITION....

I'd venture it was a really really stupid investment...

If you woulda backed me for what uncle Sam stole from me ...about two years ago...I COULDA' returned that investment maybe 5 times over....

Yet, you waste 100's of millions for nothing at a.l.l....

Oh well
Stupid is
As stupiT does...
Mr. Jones Offline
#71 Posted:
Joined: 06-12-2005
Posts: 17,728
This TWITTER cluster F*ck show over the last two weeks is unbelievable....

He's ( musk) is acting like a petulant man child who fires anyone for any reason...he is loosing touch with reality...

Too much caffeine and PHARMACEUTICAL BLOW is pretty much my expert diagnosis as a poor grub who searches thru trash to survive.....
tonygraz Offline
#72 Posted:
Joined: 08-11-2008
Posts: 19,056
MACS wrote:
Tried Evan Williams BIB today. It blows. I'll keep it around for folks that like to mix bourbon and coke.


It's good mixed with Coke, Pepsi or ginger ale. Not good alone.
HockeyDad Offline
#73 Posted:
Joined: 09-20-2000
Posts: 44,606
Mr. Jones wrote:
This TWITTER cluster F*ck show over the last two weeks is unbelievable....

He's ( musk) is acting like a petulant man child who fires anyone for any reason...he is loosing touch with reality...

Too much caffeine and PHARMACEUTICAL BLOW is pretty much my expert diagnosis as a poor grub who searches thru trash to survive.....


All those Twitter s&$ts are gonna sit unemployed throughout their severance. Silicon Valley is a layoff bloodbath right now and those Twitter folks are useless.
Sunoverbeach Offline
#74 Posted:
Joined: 08-11-2017
Posts: 13,837
More importantly, where does one find pharmaceutical blow? Asking for a friend
clintCigar Offline
#75 Posted:
Joined: 05-14-2019
Posts: 4,437
LOL
Mr. Jones Offline
#76 Posted:
Joined: 06-12-2005
Posts: 17,728
#74...

I used to have a good connection back in the eightes...
"Pharmco" was the brand...it was diamond dust...and cheap..
It was awesome...clean as the white driven snow...pure ...
No nasal congestion for two days from baby laxative or crushed up vitamin E...
Mr. Jones Offline
#77 Posted:
Joined: 06-12-2005
Posts: 17,728
Merck was also another one in dark brown glass bottles....not sure if the pharmco was legit...but the MERCK was 100%legit!!!
JGKAMIN Offline
#78 Posted:
Joined: 05-08-2011
Posts: 1,015
https://nypost.com/2022/11/23/elon-musk-pokes-fun-at-stay-woke-shirts-found-at-twitter-hq/
RayR Offline
#79 Posted:
Joined: 07-20-2020
Posts: 6,756
JGKAMIN wrote:
https://nypost.com/2022/11/23/elon-musk-pokes-fun-at-stay-woke-shirts-found-at-twitter-hq/


He can always auction them off on eBay.
That's what I'd do.
Mr. Jones Offline
#80 Posted:
Joined: 06-12-2005
Posts: 17,728
Elon is "STIFFING EVERYONE"

EX-CEO'S
EX-CEO'S
EX- UPPER MANAGEMENT

NOBODY IS GETTING SEVERANCE PAYMENTS IN THE WAY HIGHER UPS WHO GOT FIRED ..

HE IS STIFFING TRAVDL AGENCIES for the last 5-6 months of travel by corporate bigwigs during the negotiation period claiming they were not needed trips or weren't ok'd by management...travel agencies are pissed...

Everyone is suing Twitter
No SEVERANCE pay for the TWO CEOS CFOS "PARAWABA's" in INDIA WHO WERE W.O.K.E. AND WORTHLESS IDJITS...
THEY ARD CRYING ABOUT GOLDEN PARACHUTES
$55 MILLION
AND
$75 MILLION...GO UNPAID BY ELON...
Sunoverbeach Offline
#81 Posted:
Joined: 08-11-2017
Posts: 13,837
Execs not getting millions for their walking papers doesn't upset me. They'll have to scrape by on the millions in salary and bonuses they've gotten over the years
Mr. Jones Offline
#82 Posted:
Joined: 06-12-2005
Posts: 17,728
#81 SOB

++1
I AGREE TOTALLY!!!

YOU KNOW WHAT I DO TO MAKE A LIVING....

NOBODY THREW ME A GOLDEN PARACHUTE after the
FBI-SSG stole $1++ million in cash from my H.U.T...
I GOT MORE LIKE A ...F*CK YOU GOLDEN SHOWER...
HockeyDad Offline
#83 Posted:
Joined: 09-20-2000
Posts: 44,606
https://m.youtube.com/watch?v=g-voQsFY6SE

Fired Twitter employee applies for a real job.
rfenst Offline
#84 Posted:
Joined: 06-23-2007
Posts: 37,331
It's a legal negotiating tactic. Deny, delay, deny, delay; then pay. Unless Elon can prove gross negligence, immoral behavior that damaged the company or inappropriate self-dealing/stock fraud. I said it before with his earlier lawsuit. The writing was on the wall and Eli paid-up. Courts uphold contracts. Bankruptcies break them.
BuckyB93 Offline
#85 Posted:
Joined: 07-16-2004
Posts: 12,971
Pretty sure Musk won't tank as a result of the Twitter takeover. He has a ton of $ to burn. It's just another of his projects that he has going on.

From my limited understanding, he tried to buy up shares to do a hostile takeover to buy it at a set price, then after peaking under the covers (seeing all the fake accounts and bots that have been infiltrated in Twitter) he decided... we'll it's kinda F-ed up so I want out (a poker bluff).

Then the board of directors at Twitter saw the writing on the wall and instituted a poison pill but in the end Musk ended up buying it for like $45 billion. He de-listed it off of the stock exchange and made it a private company. Then kicked most of the upper management and a bunch of deadwood in the company in a first move to try to turn it around and mold it to how he want's it to run. It's now a private company so he has the authority to do with it as he sees fit. If you don't like it, then cancel your Twitter account (I don't have one nor have an urge to establish one).

It may fail or it may succeed. Either way it doesn't impact me. I do find it interesting that all the hub bub of Musk taking it over and seeing a bunch of cancel culture rats jumping ship because their their social platform and soap box has changed hands.
rfenst Offline
#86 Posted:
Joined: 06-23-2007
Posts: 37,331
BuckyB93 wrote:
Pretty sure Musk won't tank as a result of the Twitter takeover. He has a ton of $ to burn. It's just another of his projects that he has going on.

From my limited understanding, he tried to buy up shares to do a hostile takeover to buy it at a set price, then after peaking under the covers (seeing all the fake accounts and bots that have been infiltrated in Twitter) he decided... we'll it's kinda F-ed up so I want out (a poker bluff).

Then the board of directors at Twitter saw the writing on the wall and instituted a poison pill but in the end Musk ended up buying it for like $45 billion. He de-listed it off of the stock exchange and made it a private company. Then kicked most of the upper management and a bunch of deadwood in the company in a first move to try to turn it around and mold it to how he want's it to run. It's now a private company so he has the authority to do with it as he sees fit. If you don't like it, then cancel your Twitter account (I don't have one nor have an urge to establish one).

It may fail or it may succeed. Either way it doesn't impact me. I do find it interesting that all the hub bub of Musk taking it over and seeing a bunch of cancel culture rats jumping ship because their their social platform and soap box has changed hands.


The poison pill defense is why Musk paid $50+ per share instead of much less- after he stupidly entered into a contract without due dilligence. That is 100% on him. As a result, he had to pay more to get the board of directors' aproval, whuch maximized shareholder return.

See generally: https://www.reuters.com/technology/golden-parachutes-3-fired-twitter-executives-worth-122-mln-equilar-2022-10-28/
Mr. Jones Offline
#87 Posted:
Joined: 06-12-2005
Posts: 17,728
How many smart people cashed out their shares at $50 per share after he purchased Twitter?

What is it now ? $$ per share
Mr. Jones Offline
#88 Posted:
Joined: 06-12-2005
Posts: 17,728
Its $53 now

Went up $3.00
JGKAMIN Offline
#89 Posted:
Joined: 05-08-2011
Posts: 1,015
Kudos to Elon Musk for buying the platform and exposing the criminal behavior going on behind the scenes. We knew it wasn’t being operated on the up and up, now he’s released the evidence to prove it. Some people should be prosecuted for their roles.
ZRX1200 Online
#90 Posted:
Joined: 07-08-2007
Posts: 58,389
I perused articles on Google to get a laugh, Newsweek and the NY comPost we’re by far the funniest.
clintCigar Offline
#91 Posted:
Joined: 05-14-2019
Posts: 4,437
JGKAMIN wrote:
Kudos to Elon Musk for buying the platform and exposing the criminal behavior going on behind the scenes. We knew it wasn’t being operated on the up and up, now he’s released the evidence to prove it. Some people should be prosecuted for their roles.

ThumpUp
rfenst Offline
#92 Posted:
Joined: 06-23-2007
Posts: 37,331
What is Twitter?
MACS Offline
#93 Posted:
Joined: 02-26-2004
Posts: 76,930
rfenst wrote:
What is Twitter?


Apparently it was a mouthpiece for the democrat party. Elon has released evidence of such.
DrMaddVibe Offline
#94 Posted:
Joined: 10-21-2000
Posts: 53,422
MACS wrote:
Apparently it was a mouthpiece for the democrat party. Elon has released evidence of such.


So an echo chamber of people with multiple accounts listening and directing what's important to the Main Street press that's too lazy to do their own job...Got it!
rfenst Offline
#95 Posted:
Joined: 06-23-2007
Posts: 37,331
Three problems Elon Musk can’t ignore

By Jennifer Rubin
WAPO


Elon Musk is the source of endless fascination in a society that reveres wealth above all things. As former president Donald Trump becomes less powerful and his unhinged rants less interesting, it should surprise no one that the mainstream media are quickly becoming obsessed with yet another egomaniacal billionaire.

Sign up for a weekly roundup of thought-provoking ideas and debates
But let’s not lose sight of three real headaches that Musk is facing. At the very least, they should blunt whatever perception remains of his singular genius.

1 Tesla is facing serious headwinds

Tesla’s stock recently has dropped so precipitously that Musk briefly lost the title of richest person on the planet. Kiplinger reports that the root of the problem is decreasing demand, including more competition from other electric vehicle manufacturers, a slowing global economy and, as one analyst puts it, “Tesla’s narrow (and expensive) product family, which is reaching saturation.”

It also probably doesn’t help that Tesla’s product is designed to appeal to rich progressive, climate-sensitive consumers — not exactly the type to enjoy Musk’s right-wing extremist and pro-Russia trolling.

Tesla’s shareholders understandably want him to pay less attention to Twitter and more to their failing investment. The Street reports: “The social network has captured the attention of their great champion since he launched a $44 billion acquisition offer for the platform on April 25. Not only did the billionaire have to sell Tesla shares and take margin loans to finance the transaction, but he completely focused on the social network, abandoning Tesla somewhat, during a challenging macroeconomic environment.”

Investors are lashing out at the Tesla board and criticizing Musk openly. Yahoo Finance reports:

“Tesla board is missing in action,” Leo KoGuan, one of Tesla’s largest individual shareholders, tweeted Wednesday as he suggested a stock buyback. He and another outspoken Tesla investor, Ross Gerber, are calling for the board to add a director who would represent retail shareholders.
Musk himself has said he has “too much work” on his plate, and is handling it by sometimes sleeping in the office. Whereas in the past he slumbered at Tesla facilities, lately he’s hibernated at Twitter’s San Francisco headquarters.

2 Resistance at Twitter is becoming difficult to manage

CNN reports: “A group of former Twitter employees who are suing the company spoke out Thursday, alleging that new owner Elon Musk’s mass layoffs at the company have triggered multiple labor rights violations.” This includes claims that “Twitter reneged on promises to allow remote work and consistent severance benefits after the Musk acquisition, as well as complaints related to alleged disability and gender-based discrimination, and another suit on behalf of Twitter contractors who were laid off.”

Ironically for the self-described free-speech purist, Musk is now threatening those who are criticizing him. He says he will sue them under the nondisclosure provisions they signed as employees.

And there is more: Critics are raising questions as to whether he has violated the consent decree that Twitter entered into with the Federal Trade Commission over the platform’s security practices. If he is found to have violated the decree’s strictures on data privacy, he could face mammoth fines.

And let’s not forget about regulators in Europe. Thierry Breton, the European Union’s commissioner for the internal market, reportedly threatened to ban Twitter in a recent call with Musk if the company doesn’t comply with a host of E.U. regulations. As Business Insider reports, this includes “doing away with an ‘arbitrary’ approach to reinstating banned accounts. ... Twitter must also agree to an 'extensive independent audit’ by 2023.”

3 Twitter is struggling to handle antisemitism


Experienced groups fighting antisemitism and hate speech, such as the Anti-Defamation League, have a definitive mantra: You cannot ignore antisemitism and hate speech or it will get worse.

Indeed, the United States is swimming in a tide of increased, blatant antisemitism and hate speech from the far right. As the ADL reported: “Antisemitic incidents targeting Jewish institutions jumped 61 percent from 2020 to 2021, according to ADL’s 2021 Audit of Antisemitic Incidents. Based on preliminary data, the 2022 numbers will tell a similar story.”

Musk actually met with members from the ADL last month, after which Musk seemed to commit to moderating hate speech on Twitter. Then, of course, he laid off half the company and reinstated the accounts of multiple antisemites and neo-Nazis.

On Dec. 2, the ADL reported: “In the past few weeks, the ADL noted both an increase in antisemitic content on the platform and a decrease in the moderation of antisemitic posts, a troubling situation that will likely get worse, given the reported cuts to Twitter’s content moderation staff.” It continued, “These changes are already affecting the proliferation of hate on Twitter, and the return of extremists of all kinds to the platform has the potential to supercharge the spread of extremist content and disinformation.”

Musk has quibbled with the methodology of that report, but he holds all the cards. If he wants to give critics the full picture, he should provide access to data and processes. In fact, California in September enacted a law that would, among other things, “require social media companies to publicly post their policies regarding hate speech, disinformation, harassment and extremism on their platforms, and report data on their enforcement of the policies.”

So long as Musk lacks a moderation system that consistently takes down virulent antisemitism and hate speech and continues to allow those who tweet such material on the platform, he’ll face the ire of the nation’s most respected and influential anti-hate groups. And if they consistently report on his site’s propagation of antisemitism and hate speech, how long will it be before celebrities with millions of followers and major advertisers permanently leave?
8trackdisco Offline
#96 Posted:
Joined: 11-06-2004
Posts: 57,855
DrMaddVibe wrote:
So an echo chamber of people with multiple accounts listening and directing what's important to the Main Street press that's too lazy to do their own job...Got it!


Absolutely nailed it.
ZRX1200 Online
#97 Posted:
Joined: 07-08-2007
Posts: 58,389
Nice 💩 piece Robert!
MACS Offline
#98 Posted:
Joined: 02-26-2004
Posts: 76,930
WAPO... anything they write is sheit. Another mouthpiece for the dems.
DrMaddVibe Offline
#99 Posted:
Joined: 10-21-2000
Posts: 53,422
MACS wrote:
WAPO... anything they write is sheit. Another mouthpiece for the dems.


The NY Times goes for Putlizers.

CNN and the President go after little girls.


https://www.zerohedge.com/political/former-cnn-producer-pleads-guilty-pedo-scandal
8trackdisco Offline
#100 Posted:
Joined: 11-06-2004
Posts: 57,855
MACS wrote:
WAPO... anything they write is sheit. Another mouthpiece for the dems.


WAPO?
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