Musk offers to buy Twitter

[ergophobe]

https://www.theverge.com/2022/4/14/23024905/elon-musk-offers-to-buy-twitter

What could wrong?

[rcjordan]

"Piper Sandler analysts called the offer "reasonable" while Bloomberg observed that a competing bid would be unlikely to exceed $50 billion. At $54.20 per share, Musk is seeking to take the company private for a total of roughly $43 billion.

The most confounding take came from Goldman Sachs, whose strategists were hired to advise Twitter's board in regard to Musk's offer. They said $54.20 was too low to be taken seriously, yet Goldman currently has a SELL rating on TWTR with a price target of just $30 per share."

Goldman Advisors Say "No Deal" to Musk's Twitter Bid
https://www.unseenopp.com/goldman-advisors-say-no-deal-to-musks-twitter-bid/

Debbie is definitely uneasy about an un-stifled Musk twitter platform.

[rcjordan]

Mark Cuban says Musk is just pumping the stock price on the 10% of twitter he owns and he'll sell out for a good profit.  Musk did similar with Tesla, announcing he was going to take it private. Stock shot up.

[ergophobe]

Now that makes sense.

Same with dogecoin.

[rcjordan]

Twitter to accept Elon Musk's $45 billion bid to buy company (independent.co.uk)

[rcjordan]

Musk Seals $44 Billion Deal For Twitter, Pledges To Defeat Spam Bots
https://www.ibtimes.com/musk-seals-44-billion-deal-twitter-pledges-defeat-spam-bots-3484478

[Brad]

>defeat

That would be a major thing.

[littleman]

Yeah, this will be interesting to watch. 

[Brad]

Looking at my timeline at Mastodon.social.  People are reporting a flood of new signups that is taxing the timeline with some saying TL is an hour behind.

Admins from other Mastodon communities are also reporting a big influx.

Looks like a bunch of Twitter users are stomping out.

[rcjordan]

Alright Elon, don't fuck it up | TechCrunch
https://techcrunch.com/2022/04/25/alright-elon-dont-fuck-it-up/

[rcjordan]

^{Theory Y, meet Theory X...}

Twitter Employees Are Freaking About Elon Musk, Their Soon-to-Be New Boss
https://www.thedailybeast.com/twitter-employees-are-freaking-about-elon-musk-their-soon-to-be-new-boss?source=us-news&via=rss

[rcjordan]

^{Yes, please, and add Twitter to the list.}

https://old.reddit.com/r/WhitePeopleTwitter/comments/uca222/1er_pranks/

[rcjordan]

EU warns Elon Musk over Twitter moderation plans | Ars Technica
https://arstechnica.com/tech-policy/2022/04/eu-warns-elon-musk-over-twitter-moderation-plans/

[rcjordan]

Musk told banks he will rein in Twitter pay, make money from tweets -sources | Reuters
https://www.reuters.com/business/musk-told-banks-he-will-rein-twitter-pay-make-money-tweets-sources-2022-04-29/

[rcjordan]

Twitter warns of possible employee exodus before Musk completes purchase | Ars Technica
https://arstechnica.com/tech-policy/2022/05/twitter-warns-of-possible-employee-exodus-before-musk-completes-purchase/