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© 2022 AFPTwitter's future uncertain as it faces messy breakup with Musk
By Julie JAMMOT SAN FRANCISCO©2023 GPlusMedia Inc.
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© 2022 AFP
37 Comments
GBR48
In Twitter's position, I would consciously uncouple from Musk in a no fault divorce, and simply go back to developing the platform.
The share price reduction isn't an issue. Shares go up and down. It happens. Having a stock value perceived to be overpriced is no benefit. Having a more realistic stock price, and Musk not owning the platform, isn't a bad outcome for Twitter.
Lawyers being lawyers, they will want to go for the billion, but that would come at the cost of a lot of negative publicity, a legal soap opera and vast legal fees.
Let it go, draw a line under it, and get on with developing Twitter. In the future, more small print to avoid this happening again.
Nemo
Gee,
It's almost as if being a born-on-3rd-base trust fund boy with the inability to suffer the consequences of his actions and 10 kids with at least 4 different women is not the kind of thing one would look for in the owner of a growing company in need of a steady hand.
What are the odds?
Take his billion dollar walk away fee and get away from him like the toxic ex.
The Avenger
This guy is all smoke and mirrors.
dagon
Musk, who also heads SpaceX, has accused the social media giant of "false and misleading representations" about the number of fake accounts on its platform.
Musk has used multiple launch failures at SpaceX to gather data and refine the process. Seems he could have done similarly with Twitter(though he may end up buying it anyway).
As Iain Banks showed in his Culture novels, technical innovation is an iterative process and can create wonders if there are superlative Minds in charge.
Ken Holcomb
Great! Shut it down and take (un)Truth Social with it.
DR TAKAFUMI
Mr. Elon no serious twitter buy. No long relation, one night stand. Get excite and leave in dark like photo.
lincolnman
Welcome to MAGA-world Elon....
Where you're feted as hero, a savior, a patriot one day....
https://www.foxnews.com/opinion/tucker-carlson-elon-musk-free-speech-twitter
Then tossed under the MAGA bus and labeled scum, a traitor, a "BS artist" the next....
https://finance.yahoo.com/news/trump-lashes-elon-musk-rotten-063941495.html
But hey, you're in good company....joining such former MAGA-elites as Mike Pence, Bill Barr, Mick Mulvaney, and Ivanka....
ROFL....
itsonlyrocknroll
I would consult the terms and condition including the legal covenants.
https://www.sec.gov/Archives/edgar/data/1418091/000119312522120474/d310843ddefa14a.htm
Whoever, or to put it bluntly, the brigades/legion of lawyers advising Musk have an agenda in play, may I suggest Forcing down Twitter share price.
Will not go unnoticed by Twitter Institutional shareholders.
Gordon Gekko “Don't run when you lose, don't whine when it hurts"
I doubt this will ever see court room, both will settle.
*Bob Fosse
Oh my. Maybe he’s going to buy truth social instead. Maybe Frank, is that still a thing?
FizzBit
Hilarious the pro-censorship Twitter fans on here are relived their platform can continue to brainwash the weak through censorship.
Also hilarious one of the biggest global leaders for progressive causes is so hated because he doesn’t follow the narrative.
Bob Fosse
He’s a pentagon shill. That’s not a narrative.
FizzBit
So is anyone supporting NATO expansion and feeding weapons to Ukraine.
Totally missed the point it seems.
lincolnman
And Trump is livid because he was "played" by Musk - who not only failed to buy Twitter, but is now a Ron DeSantis fan.... Wonder what Tucker will say tonight after saying for past several weeks saying Musk was "God's gift" to conservatives....LOL....
Progressives didn't call him a "BS artist" - your hero did....ROFL....
https://thehill.com/homenews/state-watch/3551329-trump-elon-musk-another-bulls-artist/
MAGA-comedy gold....
Blacklabel
Of course Musk is a BS artist. Always has been, always will be.
Also super smart and super rich and bringing new tech to the world and new money to my pocket.
So based on that, who cares?
Why are you acting like its some new revelation?
starpunk
Musk needs to stick to his SpaceX and quit trying to grab everything he sees. Nobody wants or needs another greedball like Donald Trump. And since Musk voiced the possibility of restoring Trump's Twitter acct., we certainly don't need that loudmouth terrorist stirring up hatred and crappy violence again.
Bob Fosse
But….freeedom?
Now he’s just a businessman playa?!
Oh my, what a shocker.
Blacklabel
So any comments on Musk or Twitter to get back in track?
what do you think about things that used to be deleted not being deleted right now?
No one getting banned for anything related to Biden corruption. nothing without obvious pornographic content getting deleted.
Is it temporary or is it a sign of the beginning of the end of the Twitter protection of the Bidens and liberals who commit crimes?
Bob Fosse
I’ve told you several times.
It’s all in your mind. Twitter is as useless as ever. Nothing changed.
Some people got fooled into believing a rich businessman was looking out for them. Same old same old.
Bob Fosse
Come on. You just 10 minutes ago posted:
“he is from Canada and it is an ignorant and offensive tweet, so who cares?”
You’re all over the place.
Bob Fosse
I rest my case your honour.
Blacklabel
I dont think you realize the supposed winning play for Twitter (the company) is to.... force Elon to buy them at $54? you are going to force Elon Musk to buy Twitter, huh?
this isnt a "win" at all. as liberals lose the power of Twitter as a disinformation and censorship tool.
As soon as he is forced to buy it, the price of Twitter goes up to.....$54, then higher.
If he negotiates a lower price, even better.
I have the last 2 weeks of Tesla profits just waiting to buy 10,000 shares at $34.
thanks BS artist!
Bob Fosse
Ok then, get your twitter legal documents in order, shuffle your digital papers and let us know when the hearings start.
Unless they all get deleted later and then you’ll have to start shuffling your ‘cover up’ papers.
Anyway you slice it, you have a lot to do. Get cracking!
lincolnman
So he's a BS artist - someone who cons people out of their money, who you can't believe, who lies constantly...
You talking about Trump or Musk?
This guy cares....glad to see you disagree with him....
Musk's purchase of Twitter is the single biggest political development since Donald Trump's election in 2016.
https://www.foxnews.com/opinion/tucker-carlson-elon-musk-tyrants-grieving
Looks like Tucker got played too....ROFL...
Blacklabel
but you misunderstand, Twitter is forcing him to buy it.
which means he will own it. so who got played when he owns Twitter, as promised?
No, he hasnt conned anyone out of any money. thats not what BS artist even means.
People have made fortunes from his companies, 4 generations of my family will still be spending Tesla profits alone.
Bob Fosse
No, you misunderstand and ignored the part where I said ‘Twitter is as useless as ever’
It’s a tool to keep simple minds busy. Enjoy.
Bob Fosse
Lol sure.
lincolnman
So he tried to buy it, then changed his mind and now doesn't want to buy it, but if Twitter forces him to buy it even though he doesn't want to, he's brilliant and not a BS artist?
MAGA-logic...
HAHAHAHAHAHA...sounds like someone doesn't want to own what he said...
And?
Bottomline - MAGA-world was over the top with their praise of Musk - he was "saving free speech", "giving voice to conservatives", he was "owning the Libs".....
Looks like the only ones owned were Trump and Tucker who were conned by a "BS artist"....
You'd think those two of anyone would recognize one of those....ROFL...
Blacklabel
Yes, sure.
not even counting all the ups and downs where money was made too.
It was $640 just 2 weeks ago. how much is $110 profit x 5000 shares again? hmmm....mathematics.
Blacklabel
nope, still a BS artist.
But a brilliant businessman and tech entrepreneur- who then also owns Twitter.
Yes, that is happening right now, still ongoing without the purchase being finalized. will continue, even more so if he is "forced" to buy it.
Bob Fosse
Dunno. Depends how many great grandchildren you’ll have and the dollar value 100 years from now, according to you I mean;
“4 generations of my family will still be spending Tesla profits alone.”
lincolnman
OK, he's full of BS....sounds like a perfect fit for MAGA-world....LOL...
But doesn't want it....
But MAGA-world isn't saying that now.....
Former President Trump during an event in Alaska late Saturday called Tesla CEO Elon Musk a “bs artist” for supporting the former president’s opponents in 2016 and 2020. “He said the other day, ‘Oh, I’ve never voted for a Republican,’” Trump said at a rally. “I said, ‘I didn’t know that,’” Trump continued. “He told me he voted for me, so he’s another bs artist.”
https://thehill.com/homenews/state-watch/3551329-trump-elon-musk-another-bulls-artist/
Someone is angry he got played...ROFL...
Bob Fosse
I’ll deposit that one in the ‘let’s remind black about that later’ bank.