Elon Musk and Twitter Reach Deal for Sale (4 Viewers)

[SaintForLife]

Elon Musk struck a deal on Monday to buy Twitter for roughly $44 billion, in a victory by the world’s richest man to take over the influential social network frequented by world leaders, celebrities and cultural trendsetters.

Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Mr. Musk said in a statement announcing the deal. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.”

The deal, which has been unanimously approved by Twitter’s board, is expected to close this year, subject to a vote of Twitter shareholders and certain regulatory approvals.

The blockbuster agreement caps what had seemed an improbable attempt by the famously mercurial Mr. Musk, 50, to buy the social media company — and immediately raises questions about what he will do with the platform and how his actions will affect online speech globally.

Elon Musk and Twitter Reach Deal for Sale

Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the share price before it was revealed that Mr. Musk had been buying up the company’s stock.

www-nytimes-com.cdn.ampproject.org

If Musk does what he claims he wants to do it will be a big improvement and good for free speech.

 

[superchuck500]

 

[superchuck500]

Is there speech that is not protected?

Yes, a variety of speech is not protected. Broadly, speech that is likely to produce “imminent lawless action” is not protected. “Obscene” speech is not protected, though what constitutes obscene can be contextual. It’s also important to note that the First Amendment most prominently applies when the speech is in a “public forum” - when you get away from public forum, speech is easier to regulate or censor.

Lastly, slanderous speech is not protected.

 

[superchuck500]

Seth Abramson (@seth.abramson) on Threads

(1 of 3) BREAKING NEWS: One Day After Comparing Black Men to Demons Who R*pe White Women, Elon Musk Amplifies a Far-Right Islamophobe, Anti-Vaxxer and Bigot Known As the “Aryan Princess” and “Shield-Maiden of the Far Right” As She Lies About a German R*pe Case to Spread Hatred of Nonwhites The...

www.threads.net

Seth Abramson (@seth.abramson) on Threads

(2 of 3)...that (a) this was a clear-cut case with no acquittals; (b) *all* of the defendants were nonwhite, non-European migrants; and (c) German courts want “European girls” (which appears to be a code for white women) to be r*ped. But in fact, 7 of the 11 defendants *are European themselves*...

www.threads.net

Seth Abramson (@seth.abramson) on Threads

(3 of 3) ...involved *only* European defendants. Moreover, while it excuses nothing, it must be said that some of the defendants were teenagers at the time of the attack. And it should also be noted that following the two acquittals, *all* the remaining defendants were sentenced to prison—some...

www.threads.net

 

[superchuck500]

Why do some threads post with full embed and others do this weird look?

 

[Bigdaddysaints]

Is there speech that is not protected?

just ask Alex Jones, he'll give you the answer to that question.

 

[Bigdaddysaints]

and also, i think majority of Americans don't actually know what the first amendment is. they think it gives them the right to say whatever they want with no repercussions..

 

[superchuck500]

 

[fooferdoggie]

As Advertisers Flee, Elon Musk Doubles Down On ... Pizzagate​

As Advertisers Flee, Elon Musk Doubles Down On ... Pizzagate

The post is the second Pizzagate-related missive in a little over a week from the X chairman.

www.huffpost.com

 

[Bigdaddysaints]

"The advertisers are leaving because a watch group is making up lies"

Also Elon : Pizza gate was real...

 

[superchuck500]

 

[Saint by the Bay]

Can't his investors step in? He is very clearly off the rails and people are about to lose a lot of money on X and Tesla because of it.

 

[superchuck500]

Can't his investors step in? He is very clearly off the rails and people are about to lose a lot of money on X and Tesla because of it.

They can’t rally do anything on X.

He only owns 12% of TSLA so the board could theoretically do something but none of this really involves Tesla.

 

[Saint by the Bay]

They can’t rally do anything on X.

He only owns 12% of TSLA so the board could theoretically do something but none of this really involves Tesla.

It's going to hurt Tesla sales. He's becoming a pariah.

 

[superchuck500]

It's going to hurt Tesla sales. He's becoming a pariah.

I think it’s already hurting Tesla sales - there’s just so many other quality options now that people that want EV can choose not to feel like they’re associating with him. But I doubt the board has any will to try to distance the company from him.

 

[superchuck500]

The shirtty thing about the X investors is that they’re all writing it down as loss - offsetting profits. So the taxpayer is effectively funding 21% of their loss in X, at least the US ones.

 

[superchuck500]

His whole relationship to this thing is forked. This is classic malignant narcissism - he pays zero recognition to the fact that the environment at Twitter has raised substantial brand risk, largely by his own, very personal doing. But yet this is a conspiracy against him and the advertisers are going to be the ones that killed the company. That’s big time NPD.

 

[coldseat]

His whole relationship to this thing is forked. This is classic malignant narcissism - he pays zero recognition to the fact that the environment at Twitter has raised substantial brand risk, largely by his own, very personal doing. But yet this is a conspiracy against him and the advertisers are going to be the ones that killed the company. That’s big time NPD.

Too much money will do that to a person. What serious consequences could he seriously ever face? He'll never end up broke and hungry regardless of what happens to him.

 

[superchuck500]

lol