Buffett Says "Musk Is Winning...It's America" As TWTR Board Ponders Poison Pill
www.zerohedge.com
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

That is $54.20 a share.

  • Bilb!@lemmy.ml
    11·
    3 years ago

    It will be interesting to watch this play out. I’ve heard people say that the board could be sued if they refuse the offer because they would be turning down a payout for investors. On the other hand, if we take Musk at face value and believe that his goal is to reduce censorship, I think the board could argue that less censorship = less advertising = less revenue long term.

    As for me, whatever happens I hope it sucks enough to shake Twitter as an institution of elite discourse. I don’t expect that to happen, though.

    • isleofmist@lemmy.mlOP
      1·
      3 years ago

      I think it’s practically impossible to avoid censorship in a centralized platform. Once you have keys to the system, the temptation to do as you will is too great.

  • Mwalimu@baraza.africa
    8·
    3 years ago

    This is such uncharted territory for US media houses. They see the vulnerability of billionaires taking over a key communication platform yet these media folk cannot find the courage to name it: capitalism, centralization, and censorship. Why, that is who they are.

    You challenge centralization, they think you are challenging America.

  • electrodynamica@mander.xyz
    7·
    3 years ago

    If musk was truly the hero all his followers thinks he is, he would buy it then shut it down forever. Or replace it with a shitty 286 running Mastodon.

    • Bilb!@lemmy.ml
      3·
      3 years ago

      That’s down to a lack of class consciousness, right? When you are blinded to class then all you have are these social grievances against a hegemonic liberal, and in the case of Twitter specifically, (D)emocratic, dogma. To these people, just annoying liberals is subversion. Just annoying liberals is enough to elect Donald Trump, and I’m pretty sure it will be enough to do far worse.

  • iortega
    51·
    3 years ago

    Actually. I have never cared less for a tech news. That might be because I completely abolished Twitter from my life 3-4 years ago and I have never used it too much.

    Now I’m an ardent Mastodon user, and I’m happy, so I don’t care.

  • Zerush@lemmy.ml
    31·
    3 years ago

    I don’t use Twitter, FB or other supervised media inventions, I’m only interested in the technical aspects of some of Musk’s products. Therefore this news or the news about the theft of a sack of rice in China is for me approximately equivalent.