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Elon Musk Completes $44 Billion Twitter Takeover, Fires Top Executives, and Makes Himself CEO

0092762 said:
Twitter is not an ISP like AT&T. The AT&T userbase is reliably paying a monthly fee to have service. The Twitter userbase is not and they won’t. Also that 3x userbase of Twitter is international, whereas AT&T is North America which is a much more valuable customer base.
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Starlink is an ISP. That's why I said Twitter plus Starlink. Yes, Twitter has an international userbase. You make that point for me. And yes, AT&T, Verizon etc... are soaking customers for phone service when all anyone wants is text.

Huh, if only there was a way to create global coverage for simple communications at a much cheaper price? But Elon is probably just stupid.
 
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teh_hunterer said:
I'm sorry, but the reins of total power over thought and speech just aren't going to be handed over to a bunch of power hungry compassion fascists to protect the sensitive feelings of a few. The trade-off of destroying free speech is ultimately destroying society, and it's not gonna happen.
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Yeah I’m sure it’s better that actual fascists like Elon and his cronies have the reins now.
 
pacalis said:
Starlink is an ISP. That's why I said Twitter plus Starlink. Yes, Twitter has an international userbase. You make that point for me. And yes, AT&T, Verizon etc... are soaking customers for phone service when all anyone wants is text.

Huh, if only there was a way to create global coverage for simple communications at a much cheaper price? But Elon is probably just stupid.
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Starlink is not cheaper than traditional networks, nor does twitter have anything to do with starlink.
Telecoms also have global coverage thanks to interoperatibility with other networks. Elon Musk himself said starlink is not a huge threat to telcos.
 
MacRumors said:


Elon Musk has completed his $44 billion takeover of Twitter and instated himself as CEO, just hours before a court-ordered deadline to buy the business expired, according to multiple reports.

twitter-elon-musk.png

In a reference to Twitter's logo, billionaire Musk tweeted "the bird is freed," after reportedly firing several top executives, including the chief executive, Parag Agrawal. Musk earlier changed his Twitter bio to "Chief Twit."

Other senior figures ousted by Musk reportedly included Ned Segal, chief financial officer, and Vijaya Gadde, head of legal policy, trust, and safety.

The finalized deal caps a chaotic acquisition saga that began with Musk originally offering to buy Twitter for $44 billion in April – a deal that Twitter accepted – before Musk in May put the takeover "temporarily on hold" because of a dispute over the number of fake or spam accounts that Twitter claimed to have.

In July, Musk decided he no longer wanted to buy Twitter and attempted to call off the purchase. Twitter in turn filed a lawsuit to force Musk to go on with the sale. By October, Musk once again reversed course by proposing a purchase at the original price.


Musk's executive firings followed news last week that the billionaire planned to slash Twitter staff numbers by 75% in an effort to pay down the company's debt burden. Musk later dismissed those reports, saying he would not cut that amount of employees.

Attention now turns to Twitter's future direction, and how Musk's plans will affect the social media platform with more than 230 million users. "The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence," he said in a statement posted to his Twitter account on Thursday. Musk continued:
Musk ended by stating his belief that advertising, when done right, can "delight, entertain, and inform," and that Twitter aspires to be "the most respected advertising platform in the world."

Article Link: Elon Musk Completes $44 Billion Twitter Takeover, Fires Top Executives, and Makes Himself CEO
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Oh great, a multibillionaire who has the powers of dictator telling us we are free.
 
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pray2crom said:
This is good. Next on the list is facebook, reddit, and then google. It's really sad that people from western nations literally lose their minds when someone like "orange man" was tweeting mean things or when some loser tweets some racsit stuff on social media. They act as if their humanity and very existence is about to come to an end. Meanwhile these very same social media companies have collerbated with nations like China and Iran to censor and block information in exchange for guaranteed market share. Yeah these social media companies are heroes for Demoooocracy....totaly worth sceaming in agony and pounding the concert floor in pain when someone like Elon Musk takes over. You all belong in adult day care centers.
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When has Twitter “collerbated” with China and Iran to censor and block information in exchange for guaranteed market share?
 
0092762 said:
Starlink is not cheaper than traditional networks, nor does twitter have anything to do with starlink.
Telecoms also have global coverage thanks to interoperatibility with other networks. Elon Musk himself said starlink is not a huge threat to telcos.
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You're looking in the rearview mirror of existing products. I agree, my comments make no sense there.
 
Ha, GM. Biden's darling and the leader of the electric vehicle revolution. lol

Let's guess who is next. Verizon, Disney, First Solar, GE and Nvidia.
 
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0092762 said:
So since Elon took over, n-word usage is up 500% and GM has suspended advertising on Twitter:

https://twitter.com/x/status/1586007698910646272
www.cnbc.com

GM temporarily suspends advertising on Twitter following Elon Musk takeover

General Motors is suspending advertising on Twitter following Elon Musk's takeover of the social media platform.
www.cnbc.com www.cnbc.com
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They key words from your post are "bad actors". There will always be bad people. How do we even know the posts are from real people? Twitter does have a bot problem, could be those pesky Russians again.

I am very sure that the posts in question will be dealt with appropriately.
 
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icanhazmac said:
They key words from your post are "bad actors". There will always be bad people. How do we even know the posts are from real people? Twitter does have a bot problem, could be those pesky Russians again.

I am very sure that the posts in question will be dealt with appropriately.
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Yep. Just because we can agree some people are bad actors, doesn't mean it's worth handing over ultimate power to people who are desperate to control speech. Those who want to control speech are the ones who need to be stopped from doing that at all costs.
 
This is pretty simple. The idea of the Constitutional protection of free speech was never about protecting speech you agree with. It's always been about protecting speech you DON’T agree with. Regardless of how evil you think the speech is.

You don’t like it? Don’t listen. Or don’t follow. Disagree. If you get enough people to agree with you, you win.

You freakin’ fascists…
 
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teh_hunterer said:
Is the n-word illegal? What's it like to watch your control over what people can think and say evaporate?
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I can control where I go, spend my money, which social networks I use etc. So do companies when deciding on where to advertise. I am not controlling what they’re saying, only my participation in such environments and interaction with such pieces of garbage.
 
0092762 said:
That’s my point, people will log off, and more importantly advertisers will too.

They will go to spaces where such speech and harassment is not allowed, and Twitter will be the same as 4chan/parler/truthsocial etc.

The only way social media is financially sustainable is if it’s heavily moderated.

Existence of people like you is why I usually don’t frequent here for example. I am far more active in other communities that are heavily moderated.
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None of my previous posts were in any way tied to the financial viability of Twitter. I care not for the financial viability of Twitter, as I have no stake in the company or how the site is monetized.

But sure, you're more than welcome to engage only in spaces that heavily moderate what can and cannot be said. Some people cannot handle dissenting opinions of any kind, and that's fine. There will always be such spaces, both online and offline.

But the possibility that Twitter becomes less moderated has so many terrified because they treat it as their safe-space hugbox, and I just find it rather funny that so many treat a website in this manner.
 
Sammy in SoCal said:
Good. This is a step in the direction of restoring freedom of speech and recognizing social media as the new public square.

Next, Macrumors
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That all y'all going on about twitter and freedom of speech is hilarious. Twitter has **** all to do do with free speech as it is not a part of any us government, which is the only place that freedom of speech counts. For twitter and places ike MacRumors it is only about the terms of service you agreed to when you signed up. They are not preventing your freedom of speech, as they can't. They are holding you to the terms that you agreed to when you signed up.

Maybe once you all figure out the difference people might take you more seriously.
 
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