Lemmy, KBin and Mastodon fullfil all the needs for online news outside of dedicated news sites for me by now, Twitter is something I haven't used directly for months now.
I have been using Twitter in the past especially for breaking news, and I have not found a good replacement yet. Perhaps I have not been following the right sources yet
My theory is that he’s not. Imo what happened was:
Buy a shitton of twitter shares secretly
announce that you are buying all available twitter shares for a total $44B, significantly pricier than what you bought
share price shoots up to whatever you’re offering as a price, because in theory by buying a twitter share you are now guaranteed that price at some point in the future.
go “lol actually I’m not doing that” and sell all your shares for profit (keep in mind this would be blatant market manipulation but he already had Elon money to defend himself in court that “well you see there was many bots”)
at this point Elon and Twitter go their separate ways, Elon having defrauded many investors.
but Elon is a jackass and didn’t read the contract he signed properly and actually has to go through with it
spend $44B of mostly loaned money for a website worth significantly less
your best bet is now to run twitter into the ground, sell it to whoever wants at a massive loss, and write off the purchase as “failed investment”, which is that much taxes your company has to pay next fiscal year. Since his company would have have at least that much tax to pay, this effectively means the purchase was free and you can reimburse loaners with the money you saved doing that.
Ultimately, you still lose money, but in the meantime you: removed the jet-tracking account, destroyed twitter (priceless), got to have an extreme amount of publicity now and forever (articles will still say “Elon’s previous Endeavour” or whatever once he sells it).
Obviously the part where you make a large amount of money would have been more ideal but this is damage control for his stock fraud scheme that failed.
How Elon didn’t get jailed for market manipulation when he first did it with crypto is beyond me.
At least this time it didn’t work out… Probably because when you proclaim intent publicly like that you actually have to follow through, it’s a verbal contract effectively. And I suspect that they told him he’s either buying it or they’re nailing him for manipulation.
He had to buy it because to be able to make these claims the company has to be ok with it, and you sign a contract. These contracts often have provisions that say that if the company is lying about its users, it’s revenue etc then the deal doesn’t go through. Musk tried to say that twitter lied about how many bots there were, and not go through with it, but the contract he signed said basically “I have decides to buy it regardless, so I waive my right to due diligence” and bob’s your uncle.
There wasn’t a verbal contract, very much a written one (but you’re right that even if not he’d probably have been nailed for fraud anyway)
Sure, make fun of it, but sails are not the same as kites.
With modern tech they might be able to make kites that are truly enormous, way bigger than the sails that are limited by the size of the mast. In addition, the kites can be raised into different winds than the ones at the surface.
Yes! I did that as well, I went with an opposite sex. Now I have a whole family pack. Hahaha!
I am a very busy person and even though 2 hours a day (for playing; minus the feeding and cleaning) is alot for me, for them, it is just not enough. There is something that a “dog-pack companionship” can do that I just can’t fill.
Now I don’t feel guilty at all even in cases where if I can’t play with them at all. They can keep each other entertained now.
I only have a few hours as well. I had way more time when I got my beagle, but got fired from tht job. I got a much better one, but the commute is a lot longer. :/
lemmy.world
Oldest