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8 minutes ago, DaEagles4Life said:

The uncertainty left Twitter workers feeling "super stressed” about the future, with employees reportedly "working together to help each other get through the week.”

https://nypost.com/2022/04/12/twitter-a-sh-tshow-for-employees-since-elon-musk-took-stake/?utm_medium=SocialFlow&utm_source=NYPTwitter&utm_campaign=SocialFlow

 

 Bunch of mentally weak snowflakes.

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4 hours ago, Procus said:

So what do you see going forward - will Musk be content with his current holdings, increase his stake in the company?  Do you see him attempting to wrestle control?

Trying to predict Musk is an utterly useless endeavor. The guy is a genius and also certifiable. He is also a professional troll - just remember "funding secured.”

If I had to bet, I’d wager he’s mainly just screwing around. Any lawyer worth a damn would be telling him not to launch a tender for the shares - he is already embroiled with the SEC, and it’s a bad look to have agreed to join the board and then back out and go hostile. But…it’s Musk. So I wouldn’t rule out anything. 

Honestly, Trump had a more mature approach to using Twitter than Musk does.  :lol: 

Just to add on, here’s a few pertinent questions:

1. When he first agreed to join the board, did Musk sign an NDA of any kind?

2. Even without an NDA, in his conversations with management, was he exposed to any material, non-public info? 
 

Number 2 will be the key. If he launched a tender, the SEC will go bananas wanting to know about every conversation and if he had any inside info. And Twitter management wouldn’t be in a mood to help him. You get that close to management and becoming an insider, you are begging for an inquiry if you buy or sell stock. 

Least shocking development ever:

 

9 minutes ago, vikas83 said:

Least shocking development ever:

 

His last run-in with them amounted to little more than a gentle slap on the wrist, so I'm not expecting much to come from this latest escapade.

Think I just heard on the radio another shareholder is suing him? 

43 minutes ago, we_gotta_believe said:

His last run-in with them amounted to little more than a gentle slap on the wrist, so I'm not expecting much to come from this latest escapade.

That's because he settled, and now he's suing to undo that settlement. 

Like I said, with Musk...anything is possible. Just sit back and enjoy the show.

1 minute ago, Boogyman said:

Think I just heard on the radio another shareholder is suing him? 

It's a nuisance suit by a nobody looking to start a class action. Only will matter if other, real investors follow suit, which I doubt happens.

Quote

 

Musk Sued Over Alleged Delay in Disclosing Twitter Stake (2)
 

By Bob Van Voris

(Bloomberg) -- 

Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. CEO’s delay in disclosing his ownership of more than 5% of the social media company artificially kept its share price down.

Marc Bain Rasella sued Musk for securities fraud in Manhattan federal court Tuesday, claiming Musk was required to disclose his holdings to the SEC by March 24. Musk’s delay in filing the disclosure allowed him to buy more shares at a lower price and cheated the sellers of Twitter sales of increased profits, Rasella claims.

Musk didn’t immediately respond to a request for comment. Twitter declined to comment on the suit.

The investor said that, when Musk filed the form revealing his Twitter stake, company shares rose 27%, from $39.31 on April 1 to $49.97 on April 4.

Rasella is seeking to represent a class of investors who sold Twitter shares from March 24 to April 1.

The case is Rasella v. Musk, 22-cv-03026, U.S. District Court, Southern District of New York (Manhattan).

 

 

2 minutes ago, vikas83 said:

It's a nuisance suit by a nobody looking to start a class action. Only will matter if other, real investors follow suit, which I doubt happens.

 

Yeah that was it. Caught the tail end

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Less than a 20% premium? Forever the optimist, Elon.

 

Nice! Let's effing go, Musk!

A carrot and a stick with that offer.  Those shares will nosedive if the offer isn't accepted.

I've just seen that offer from Musk.  In certain quarters, Twitter is exploding with outrage and I do get a certain level of entertainment from it.

The times, they are a changing, it seems.

If only Trump weren't so poor, he could afford to buy out Twitter himself and reinstate his own account. Instead the pretend-billionaire has been panhandling to get his 40 year old plane fixed. Ya hate to see it.

2 minutes ago, we_gotta_believe said:

If only Trump weren't so poor, he could afford to buy out Twitter himself and reinstate his own account. Instead the pretend-billionaire has been panhandling to get his 40 year old plane fixed. Ya hate to see it.

any rich guy worth a damn doesn't own a plane over 5yrs old. 

Without social media censorship, democracy is going to die! :roll: :roll: :roll: 

28 minutes ago, UK Eagle said:

I've just seen that offer from Musk.  In certain quarters, Twitter is exploding with outrage and I do get a certain level of entertainment from it.

The times, they are a changing, it seems.

What is the reason for the outrage?

6 minutes ago, Kz! said:
Without social media censorship, democracy is going to die! :roll: :roll: :roll: 

 

The fears are not misguided; social media has played a huge role in our political and social decline. I just posted an article about this yesterday.

12 minutes ago, EaglesRocker97 said:

 

The fears are not misguided; social media has played a huge role in our political and social decline. I just posted an article about this yesterday.

The conclusion of that article was that less censorship was the answer not more of it.  However, of course there are risks with misuse with these types of platforms as well as we found out with Trump and as the article also pointed out.  The tricky part is finding the right workable balance.

There were some suggestions as to how to start to find a way forward that provides a positive impact on society overall and helps address the negatives.  Decent ideas though I wasn't convinced they'd make a significant impact.

1 minute ago, DrPhilly said:

The conclusion of that article was that less censorship was the answer not more of it.  However, of course there are risks with misuse with these types of platforms as well as we found out with Trump and as the article also pointed out.  The tricky part is finding the right workable balance.

There were some suggestions as to how to start to find a way forward that provides a positive impact on society overall and helps address the negatives.  Decent ideas though I wasn't convinced they'd make a significant impact.

 

Kz used the word "censorship." The article called for better moderation/safeguards, which is the term used in the Tweet that he posted. Either way, he was dismissive of the negative impact. Solutions aside, it presents some very real threats to our stability and national security.

1 minute ago, EaglesRocker97 said:

 

Kz used the word "censorship." The article called for better moderation/safeguards, which is the term used in the Tweet that he posted.

Ok

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A big thing Musk is pushing for is verification and the elimination of bots 

 

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