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Elon vs Twitter update: Elon in Israel !

Discussion in 'BBS Hangout: Debate & Discussion' started by tinman, Mar 26, 2022.

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Who is for democracy?

  1. Elon

    33 vote(s)
    58.9%
  2. Twitter

    9 vote(s)
    16.1%
  3. Chinese democracy by Guns N Roses

    14 vote(s)
    25.0%
  1. CCorn

    CCorn Member

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    Nah. He makes good money and has actually created something.
     
  2. JayGoogle

    JayGoogle Member

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    "Conservatives buy shoes too." or in this case "Liberals buy cars too."

    It is one thing for the NBA to say "BLM" and stand behind a cause but it is another if Silver came out every week bashing conservatives.

    I'm sure it's not going to have a huge impact on sales but not the best business strategy I think.
     
  3. MojoMan

    MojoMan Member

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  4. MojoMan

    MojoMan Member

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    Here is an imminently reasonable proposal, for anyone who has any interest in reason and rationality. Obviously, many of you do not. In any case, Musk's original proposal was based on the representations of the number of actual real users, which appear now to have been "misinformation" provided by the management of Twitter.

    Musk suggests new Twitter price be based on number of real accounts

    Billionaire Elon Musk blasted Twitter for not being forthcoming about the number of real users, calling the lack of explanation “very suspicious.”

    Musk threw another caveat into his bid to purchase Twitter on Saturday, suggesting that the price be adjusted based on the percentage of fake accounts on the social media platform.

    Conservative commentator Ian Miles Cheong posed the idea of cutting the Twitter purchase price: “If 25% of the users are bots then the Twitter acquisition deal should cost 25% less."

    “Absolutely,” Musk responded.​
     
  5. durvasa

    durvasa Contributing Member

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    I'm curious what percentage of accounts on Twitter that are retweeting all of Musk's Twitter complaints about bots are also bots, lol. Apparently upwards of 70% of his followers are "fake".

    Musk should have been more reasonable and rational when he made his offer, which he described as final and non-negotiable. He said from the start that Twitter had a bot problem and was vocal about that needing to be fixed. What new information has come to light for him to think that the bot problem is worse than he initially had thought? Perhaps he could be more forthcoming about that.
     
  6. Os Trigonum

    Os Trigonum Contributing Member
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    It’s Joe Biden vs. Elon Musk in war of words over state of US economy

    https://nypost.com/2022/06/03/joe-biden-and-elon-musk-in-war-of-words-over-state-of-us-economy/

    excerpt:

    Screen Shot 2022-06-04 at 6.12.20 AM.png

    . . . The war of words erupted against the backdrop of Musk’s new status as the No. 1 enemy of progressives, who are infuriated that he plans to buy Twitter and turn it into a platform for unregulated free speech, which proponents say would give conservative viewpoints a footing on the liberal-dominated social media site.
    more at the link


     
  7. Sweet Lou 4 2

    Sweet Lou 4 2 Contributing Member
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    Aren't all the top trending news topics right-wing though? How is it liberal-dominated?
     
    Ubiquitin likes this.
  8. MojoMan

    MojoMan Member

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    Musk does not intend to turn Twitter "into a platform for unregulated free speech". That is just not so.
     
    AroundTheWorld likes this.
  9. J.R.

    J.R. Member

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    https://www.dailymail.co.uk/news/ar...threatens-ABANDON-44billion-Twitter-deal.html

    Elon Musk has threatened to pull out of his deal to purchase Twitter as he accuses the social media giant of 'resisting and thwarting' his right to information about spam and fake accounts on the platform.

    He alleged Twitter was in a 'clear material breach' of its obligations and he 'reserves all rights' to terminate the merger agreement.

    Musk, 50, has speculated that spam bots could make up at least half of Twitter's users, more than 10 times the company's official estimate.

    In a letter to Vijaya Gadde, Twitter's Chief Legal Officer, dated Monday, Musk's attorney argued the terms of the billionaire's purchase agreement requires the platform to provide the requested data, which he has allegedly repeatedly asked for since May 9.

    He also disputed the company's alleged claim that it is only required to provide information for the 'limited purpose' of closing the deal.

    'Musk is entitled to seek, and Twitter is obligated to provide, information and data for, inter alia, 'any reasonable business purpose related to the consummation of the transaction,'' the letter stated.

    'Musk believes Twitter is transparently refusing to comply with its obligations under the merger agreement, which is causing further suspicion that the company is withholding the requested data due to concern for what Musk's own analysis of that data will uncover.'

    Twitter has disclosed its bot estimates to the U.S. Securities and Exchange Commission for years, while also cautioning that its estimate might be too low.

    In Monday's letter, Musk stated if Twitter is 'confident' in its published spam estimates, he 'does not understand' the company's reluctancy to allow him to 'independently evaluate those estimates.'

    'As Twitter's prospective owner, Musk is clearly entitled to the requested data to enable him to prepare for transitioning Twitter's business to his ownership and to facilitate his transaction financing. To do both, he must have a complete and accurate understanding of the very core of Twitter's business model—its active user base,' the letter stated.

    'In any event, Musk is not required to explain his rationale for requesting the data, nor submit to the new conditions the company has attempted to impose on his contractual right to the requested data.'

    [​IMG]
    [​IMG]
    [​IMG]
     
  10. ROCKSS

    ROCKSS Contributing Member

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    I have EM burnout..........but it, dont buy it, who cares.
     
    Andre0087 and durvasa like this.
  11. MojoMan

    MojoMan Member

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    It's on. This will kick this whole book-cooking controversy up to the next level.

    Texas AG launches investigation against Twitter for allegedly misreporting fake bot accounts

    Texas Attorney General Ken Paxton has launched an investigation against Twitter, saying the social media platform may have falsely reported its fake bot accounts, which is a violation of the Texas Deceptive Trade Practices Act.

    According to a press release, Paxton issued a Civil Investigative Demand (CID) to investigate whether Twitter's reporting on real versus fake users is "false, misleading, or deceptive" under the Texas Deceptive Trade Practices Act.

    "Texans rely on Twitter's public statements that nearly all its users are real people. It matters not only for regular Twitter users, but also Texas businesses and advertisers who use Twitter for their livelihoods," Paxton said in a release. "If Twitter is misrepresenting how many accounts are fake to drive up their revenue, I have a duty to protect Texans."

    The CID requires Twitter to turn over documents related to how it calculates and manages its user data and how these numbers relate to Twitter's advertising businesses.

    Twitter reportedly has until June 27 to respond to Paxton's request.
     
    tinman and AroundTheWorld like this.
  12. Commodore

    Commodore Contributing Member

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  13. dmoneybangbang

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    Bunch of cry baby conservatives who don't want accountability.
     
  14. dmoneybangbang

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    LOL. I guess I know who to ask what Elon's d*ck taste like it.

    It's amusing conservative have latched onto to the guy who needed government subsidies and policies to create Tesla and SpaceX. But hey, Elon makes of the libtards!
     
    ROCKSS and Andre0087 like this.
  15. durvasa

    durvasa Contributing Member

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    Twitter Said to Agree to Give Elon Musk Access to Stream of Tweets - The New York Times (nytimes.com)


    Twitter Said to Agree to Give Elon Musk Access to Stream of Tweets

    The move may make it tougher for Mr. Musk, who has said he is not getting enough information from the company, to end the $44 billion acquisition.

    Elon Musk has threatened to pull out of a $44 billion deal for Twitter, saying the company has refused to give him information about its fake accounts.

    So Twitter now plans to give Mr. Musk access to a large swath of its data, potentially down to its very last tweet.

    The social media company has agreed to allow Mr. Musk direct access to its “firehose,” the stream of millions of tweets that flow through the company’s network on a daily basis, according to a person with knowledge of the decision. Whether Mr. Musk will get full or partial access to that “firehose” is unclear.

    The information would give Mr. Musk the tools to discern how many accounts on Twitter’s platform may be fake. But it isn’t likely to help him reach Twitter’s conclusion that 5 percent of its active accounts are fake, since the company uses a different methodology involving proprietary data and human analysis to get to that figure. Mr. Musk has said he doesn’t believe that just 5 percent of Twitter’s active accounts are fake.

    Twitter’s move may make it more difficult for Mr. Musk to terminate the deal. On Monday, his lawyers sent a letter to the company, accusing it of stonewalling his efforts to obtain information that was essential to closing the acquisition. For weeks, Mr. Musk has also tweeted increasingly barbed comments about Twitter’s fake accounts, appearing to lay the groundwork to renegotiate or get out of the agreement.

    ...

    What's the next move?
     
    Andre0087 likes this.
  16. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    I think Musk's concern sounds justified. They are not being transparent. Giving access to some raw data stream doesn't answer his question at all.
     
    tinman likes this.
  17. durvasa

    durvasa Contributing Member

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    He has the primary data, and they’ve explained the approach they used to estimate the percentage of the bots according to that data and have offered to provide more details on it. It’s partly manual, so they can’t just give him a formula or piece of software for doing it. This is from his lawyer’s letter:

    https://www.sec.gov/Archives/edgar/data/1418091/000110465922068347/tm2217761d1_ex99-o.htm
    Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies, whether through written materials or verbal explanations, is tantamount to refusing Mr. Musk’s data requests. Twitter’s effort to characterize it otherwise is merely an attempt to obfuscate and confuse the issue. Mr. Musk has made it clear that he does not believe the company’s lax testing methodologies are adequate so he must conduct his own analysis. The data he has requested is necessary to do so.​

    He is now free to verify using whatever method he chooses and believes to be superior. But that was never the point of all this. He’s hunting for an excuse to back out or renegotiate the deal he rushed into and insisted Twitter accept.
     
  18. SamFisher

    SamFisher Contributing Member

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    Don't have a stake in this but when @tinman @AroundTheWorld and the rest of the muskyboyz have to eat a $5 footlong **** sandwich over this in the hallowed halls of the BBS it's gonna be lit as hell.

    Get a new hobby/hero
     
  19. tinman

    tinman Contributing Member
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    Lots of bots like fake Rockets fans who are non contributing members
     
    AroundTheWorld likes this.
  20. Amiga

    Amiga 10 years ago...
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    Musk should have done his due diligence before entering a deal. He could have asked for all of this and whatever confidential data needed to evaluate the value of Twitter - he did not by choice. Maybe this is just how he does thing - erratic and not precise. Kind of crazy for a 40b deal. He does show a public side that is erratic but then he also has shown high precision in engineering and the way he describes how his products work.

    I’m more in the thinking that he’s just trying to find a way to exit the deal without paying the 1B penalty and saving his face. If so, his next moves are to reject the data as worthless or that the way Twitter uses it as worthless and thus moving the goal post from Twitter misrepresenting the data to Twitter did it all wrong. He will continue to fish until he got something to reject the deal.
     
    dmoneybangbang likes this.

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