[BUSINESS] Elon Musk has offered to buy 100% of Twitter

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TheButcher
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#31

Post by TheButcher » May 13th, 2022, 7:44 am

NSWDave wrote:
May 13th, 2022, 7:20 am
Musk put the deal on temporary hold for now.


"(Reuters) -Elon Musk put his $44-billion deal for Twitter Inc "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.

Twitter shares fell 17.7% to $37.10 in premarket trading, their lowest level since Musk disclosed his stake in the company in early April and subsequently made a "best and final" offer to take it private for $54.20 per share.

Meanwhile, Tesla shares, against which Musk has secured $6.25 billion in funding for the acquisition, were up about 5%."

Here is the full article https://www.yahoo.com/finance/news/musk ... 43759.html



I understand why Twitter shares went down in price, but how does this help Tesla.......

XpressPete
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#32

Post by XpressPete » May 17th, 2022, 12:51 pm

Is it still going to happen?




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#33

Post by TheButcher » May 19th, 2022, 8:12 am

XpressPete wrote:
May 17th, 2022, 12:51 pm
Is it still going to happen?
I guess not heard anything to the contrary

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#34

Post by gotonudecom » May 19th, 2022, 8:19 am

I heard last night the deal is off, put I have also heard people are dead that were not.




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#35

Post by bestfreeporn » June 8th, 2022, 11:38 am

Elon Musk might back out of the purchase over fake and spam bots, let's wait and see.

https://www.msnbc.com/opinion/msnbc-opi ... d-n1296025



"Tesla CEO Elon Musk made his biggest direct threat yet to pull out of a deal to buy Twitter on Monday. In a new securities filing, an attorney for Musk argued that he has a right to scrap the deal since he’s not satisfied with Twitter’s responses to his requests for information about how many spam and fake accounts are on the platform."




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#36

Post by urbanlegend » June 9th, 2022, 9:43 am

It is all about the price, if he can renegotiate the price to a point he thinks it is a good deal he will buy it. My 1 cent.




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#37

Post by vblogger » June 10th, 2022, 1:18 pm

urbanlegend wrote:
June 9th, 2022, 9:43 am
It is all about the price, if he can renegotiate the price to a point he thinks it is a good deal he will buy it. My 1 cent.
Any business you are buying has to be a good price or why buy it




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#38

Post by snooper » June 14th, 2022, 6:52 am

I think he will buy it but at a cheaper price.




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#39

Post by AlexO » June 17th, 2022, 11:32 am

what is taking so long to close this deal?
Give me celebrity porn :twisted:

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#40

Post by BrasSmonkey » June 17th, 2022, 7:06 pm

AlexO wrote:
June 17th, 2022, 11:32 am
what is taking so long to close this deal?
he didn't want to buy it! he's being sued for trying to lower the value




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#41

Post by calista » July 8th, 2022, 7:37 am

Will he or will he not end up buying Twitter?


"The planned takeover of Twitter by Elon Musk is in “serious jeopardy”, according to a report, sending shares in the company 4% lower in after-hours trading on Wall Street."

From this story https://www.theguardian.com/technology/ ... s-jeopardy




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#42

Post by TheButcher » July 8th, 2022, 6:52 pm

According to this CNN story Elon Musk wants out of the deal but the Twitter board want to make him close it. Let the lawyers party!

https://www.cnn.com/2022/07/08/tech/elo ... index.html

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#43

Post by tacnet » July 8th, 2022, 7:47 pm

It wouldn't surprise me if Elon Musk has a point about all the fake twitter accounts.

For years there was a whole industry of scammers selling fake twitter followers to unwary webmasters.

For a few hundred bucks they would guarantee to get you 10,000 followers or whatever. All of them were fake bot accounts of course but a lot of people fell for it

There must be millions of fake accounts on there

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#44

Post by BrasSmonkey » July 9th, 2022, 1:12 am

tacnet wrote:
July 8th, 2022, 7:47 pm
It wouldn't surprise me if Elon Musk has a point about all the fake twitter accounts.

For years there was a whole industry of scammers selling fake twitter followers to unwary webmasters.

For a few hundred bucks they would guarantee to get you 10,000 followers or whatever. All of them were fake bot accounts of course but a lot of people fell for it

There must be millions of fake accounts on there
they tell you they are fake. i can't tell why they have value :)




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#45

Post by tacnet » July 9th, 2022, 8:12 am

BrasSmonkey wrote:
July 9th, 2022, 1:12 am
tacnet wrote:
July 8th, 2022, 7:47 pm
It wouldn't surprise me if Elon Musk has a point about all the fake twitter accounts.

For years there was a whole industry of scammers selling fake twitter followers to unwary webmasters.

For a few hundred bucks they would guarantee to get you 10,000 followers or whatever. All of them were fake bot accounts of course but a lot of people fell for it

There must be millions of fake accounts on there
they tell you they are fake. i can't tell why they have value :)
No they dont tell you they were fake accounts. The scammers would claim that these were real people and a lot of webmasters believed them

A lot of people made a lot of money out of fake twitter accounts over the years

[BUSINESS] Elon Musk has offered to buy 100% of Twitter

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