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Mass resignations, advertisers bail out of Twitter

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Picairn
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Mass resignations, advertisers bail out of Twitter

Postby Picairn » Mon Apr 25, 2022 5:16 am

UPDATE: Musk has taken over Twitter. He has renamed his Twitter bio to be "Chief Twit" (lmao).

Musk has begun firing executives after his takeover.

UPDATE: He has offered to buy Twitter at original price again.

UPDATE: He cancelled the deal: https://www.nbcnews.com/business/busine ... -rcna32211

UPDATE: The deal to buy Twitter has been accepted:
https://www.nytimes.com/live/2022/04/25 ... d=url-copy

https://www.prnewswire.com/news-release ... 32245.html

The saga's full details:
NEW YORK, April 25 (Reuters) - Twitter Inc (TWTR.N) is nearing a deal to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his 'best and final', people familiar with the matter said.

Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the sources said. It is always possible that the deal collapses at the last minute, the sources added.

Twitter has not been able to secure so far a 'go-shop' provision under its agreement with Musk that would allow it to solicit other bids from potential acquirers once the deal is signed, the sources said. Still, Twitter would be allowed to accept an offer from another party by paying Musk a break-up fee, the sources added.

Twitter and Musk did not immediately respond to requests for comment.

Another source says the deal can be reached as soon as Monday a.k.a today.

Judging from his record on free speech, he seems like a hypocrite, calling himself a "free speech absolutist" (with some reasonable restrictions) while paying people to silence his critics. Hence I'm wary of this purchase.

Your thoughts NSG?
Last edited by Picairn on Mon Nov 28, 2022 5:49 pm, edited 9 times in total.
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Malphe II
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Civil Rights Lovefest

Postby Malphe II » Mon Apr 25, 2022 5:19 am

Way to portray yourself as the benevolent futurist by sinking your wealth into something this inane, tho I am morbidly curious to see how far he'll screw it.
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Ifreann
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Postby Ifreann » Mon Apr 25, 2022 5:24 am

Gonna be really funny to get banned for posting embarrassing pictures of Musk.
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Washington Resistance Army
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Postby Washington Resistance Army » Mon Apr 25, 2022 5:25 am

Letting rich people control the most prominent forms of expression and speech is still a bad idea.
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Ifreann
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Postby Ifreann » Mon Apr 25, 2022 5:30 am

What are the chances Elon is buying Twitter just so he can check if Grimes has been DMing Chelsea Manning?
no war but class war
He/Him


One day the long fought battle between humanity and the forces of greed and division will end,
and on that day, finally free, we will throw a motherfucking party
- ancient proverb, probably

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The Holy Therns
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Postby The Holy Therns » Mon Apr 25, 2022 5:30 am

Oh, well that blows.
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Forbidden Territories
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Postby Forbidden Territories » Mon Apr 25, 2022 5:31 am

Didn't one of the major shareholders - a Saudi Prince rejected Elon' offer from buying the company, did he change his mind?

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Heloin
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Postby Heloin » Mon Apr 25, 2022 5:33 am

Buying a website because people keep posting old pictures of him balding.

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Forsher
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Postby Forsher » Mon Apr 25, 2022 5:50 am

I have to say, my one regret with the Elonification of society is that Divair is no longer here with us. (Er, for the unaware, Divair is DOS'd here. I assume he's still alive.)

On the other hand, I much preferred it when I couldn't recognise Elon Musk and thought it was a random poster who decided to use a photo of himself as a flag. In fact, I cannot stress how much more I preferred things that way.

Iron Man 2 has Home Alone 2 vibes these days.
Last edited by Forsher on Mon Apr 25, 2022 5:51 am, edited 2 times in total.
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Duvniask
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Postby Duvniask » Mon Apr 25, 2022 5:55 am

Forsher wrote:I have to say, my one regret with the Elonification of society is that Divair is no longer here with us. (Er, for the unaware, Divair is DOS'd here. I assume he's still alive.).

He has zero wish to remember anything about this place, and is far better off for it.

He is doing well for himself, in any case.
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Infected Mushroom
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Corrupt Dictatorship

Postby Infected Mushroom » Mon Apr 25, 2022 5:58 am

Oh my God... Musk it come to this? Musk it?

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Kerwa
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Postby Kerwa » Mon Apr 25, 2022 5:59 am

This has the potential to be funny on so many levels.

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Galloism
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Postby Galloism » Mon Apr 25, 2022 6:00 am

So instead of a group of billionaires owning Twitter, it would be a single billionaire owning Twitter.

Why I do believe the sky is falling.
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Ethel mermania
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Corrupt Dictatorship

Postby Ethel mermania » Mon Apr 25, 2022 6:01 am

Sad it takes a foreigner to champion free speech for Americans.

Good for Musk
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Infected Mushroom
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Corrupt Dictatorship

Postby Infected Mushroom » Mon Apr 25, 2022 6:01 am

It surprises me that anyone would want to buy Twitter. It represents some of the worst aspects of the 21st century; its shallowness, wokeness, and disconnected mass idiocy.

I can't think of a single good reason to buy it besides shutting it down. What is Elon's game here and why does he want such a monstrosity attached to his name, reputation and legacy?

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Ostroeuropa
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Postby Ostroeuropa » Mon Apr 25, 2022 6:06 am

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Picairn
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Postby Picairn » Mon Apr 25, 2022 6:11 am

Picairn's Ministry of Foreign Relations
Minister: Edward H. Cornell
WA Ambassador: John M. Terry (Active)
Factbook | Constitution | Newspaper
Albrenia wrote:With great power comes great mockability.

Proctopeo wrote:I'm completely right and you know it.

Moralityland wrote:big corporations allied with the communist elite
Social democrat, passionate political observer, and naval warfare enthusiast.
Listen here Jack, we're going to destroy malarkey.
♔ The Empire of Picairn ♔
-✯ ✯ ✯ ✯ ✯-—————————-✯ ✯ ✯ ✯ ✯-
We'll speak softly and carry a large Javelin.

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Ifreann
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Founded: Aug 07, 2005
Scandinavian Liberal Paradise

Postby Ifreann » Mon Apr 25, 2022 6:12 am

Ethel mermania wrote:Sad it takes a foreigner to champion free speech for Americans.

Good for Musk

Musk tried to have a whistleblower killed by the police. So I guess he is the perfect champion of American free speech.
no war but class war
He/Him


One day the long fought battle between humanity and the forces of greed and division will end,
and on that day, finally free, we will throw a motherfucking party
- ancient proverb, probably

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Ethel mermania
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Founded: Aug 20, 2010
Corrupt Dictatorship

Postby Ethel mermania » Mon Apr 25, 2022 6:16 am

Ifreann wrote:
Ethel mermania wrote:Sad it takes a foreigner to champion free speech for Americans.

Good for Musk

Musk tried to have a whistleblower killed by the police. So I guess he is the perfect champion of American free speech.


Sometimes shitty people do good things.
The West won the world not by the superiority of its ideas or values or religion … but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.

http://www.salientpartners.com/epsilont ... ilizations

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Ethel mermania
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Founded: Aug 20, 2010
Corrupt Dictatorship

Postby Ethel mermania » Mon Apr 25, 2022 6:17 am



If you believe in free speech trump's account never should have been removed.
The West won the world not by the superiority of its ideas or values or religion … but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.

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Dogmeat
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Postby Dogmeat » Mon Apr 25, 2022 6:17 am

Ethel mermania wrote:
Ifreann wrote:Musk tried to have a whistleblower killed by the police. So I guess he is the perfect champion of American free speech.


Sometimes shitty people do good things.

Yeah but supporting shitty people in the blind hope that they'll not be shitty this time, is profoundly naïve.
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Heloin
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Postby Heloin » Mon Apr 25, 2022 6:19 am

Ethel mermania wrote:Sad it takes a foreigner to champion free speech for Americans.

Good for Musk

Free speech champion Elon Musk makes about as much sense as saying human rights advocate Idi Amin.

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Ethel mermania
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Founded: Aug 20, 2010
Corrupt Dictatorship

Postby Ethel mermania » Mon Apr 25, 2022 6:21 am

Dogmeat wrote:
Ethel mermania wrote:
Sometimes shitty people do good things.

Yeah but supporting shitty people in the blind hope that they'll not be shitty this time, is profoundly naïve.


I have no reason to believe he is going to promote free speech any less that twitter currently does.
The West won the world not by the superiority of its ideas or values or religion … but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.

http://www.salientpartners.com/epsilont ... ilizations

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The Holy Therns
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Postby The Holy Therns » Mon Apr 25, 2022 6:22 am

Ethel mermania wrote:Sad it takes a foreigner to champion free speech for Americans.

Good for Musk


This is the funniest thing you've ever said.
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Also, N A N A ! ! !
Gallade wrote:Love, cake, wine and banter. No greater meaning to life (〜^∇^)〜

Ethel mermania wrote:to therns is to transend the pettiness of the field of play into the field of dreams.

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The United Penguin Commonwealth
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Democratic Socialists

Postby The United Penguin Commonwealth » Mon Apr 25, 2022 6:23 am

I'm sure Elon is definitely all about protecting free speech. that's definitely all that this is about. he totally just spent billions of dollars to purchase all of Twitter to protect free speech.
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