Elon Musk now owns 9.2% of twitter...update.. will soon be the sole owner as Board of Directors accepts his purchase offer

Page 279 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

trenchfoot

Lifer
Aug 5, 2000
14,985
7,502
136
Still a bad decision, since those latter groups likely have VERY small advertising budgets.


From the perspective that Big Corporate America simply loves to promote whatever it is that keeps the working class and the poor fighting among themselves for the scraps being tossed to them by these ultra-wealthy aristocrats while making a killing off of them, Elon is right up there with them thinking the same way and acting accordingly.
 

trenchfoot

Lifer
Aug 5, 2000
14,985
7,502
136
I hope it's a vulture that's snacking on a hyena carcass 'cuz it pretty much describes what Elon had done/is now doing to twitter.
 

JEDI

Lifer
Sep 25, 2001
29,391
2,736
126
I hope it's a vulture that's snacking on a hyena carcass 'cuz it pretty much describes what Elon had done/is now doing to twitter.

It's his $45B toy.
He can light it on fire if he wishes.
Just like those youtubers that buy the newest $1000 iPhone on release day, open the package outside the store, and proceed to smash it to pieces with a hammer.
 
  • Like
Reactions: trenchfoot

Fenixgoon

Lifer
Jun 30, 2003
32,156
11,025
136

It's his $45B toy.
He can light it on fire if he wishes.
Just like those youtubers that buy the newest $1000 iPhone on release day, open the package outside the store, and proceed to smash it to pieces with a hammer.
One is an individual product. The other is an enormous sum of money at such scale that could have been used for the benefit of society.

If he bought $44B worth of houses and leveled them all, rendering people homeless, we'd say that's a monstrous thing to do. How is this any different when he's taken something that was generally seen as a useful public service, and trashed it?

This scenario is analogous how we punish physical crime (whether property or people) much more harshly than white collar crime.
 

Zorba

Lifer
Oct 22, 1999
15,282
10,879
136
One is an individual product. The other is an enormous sum of money at such scale that could have been used for the benefit of society.

If he bought $44B worth of houses and leveled them all, rendering people homeless, we'd say that's a monstrous thing to do. How is this any different when he's taken something that was generally seen as a useful public service, and trashed it?

This scenario is analogous how we punish physical crime (whether property or people) much more harshly than white collar crime.
I think it can easily be argued that he is doing the world a service destroying Twitter, here's hoping Facebook is his next target.
 

ivwshane

Lifer
May 15, 2000
32,565
15,449
136
I think it can easily be argued that he is doing the world a service destroying Twitter, here's hoping Facebook is his next target.

Seems like all he’s doing is making meta even stronger. I don’t use either but I’d take Twitter over meta in terms of what they’ve done do humanity.
 
  • Like
Reactions: Zorba
Jan 25, 2011
16,705
8,935
146
uhhhh... so all that for a little Unicode X? Masterful designer strikes again...

 

JEDI

Lifer
Sep 25, 2001
29,391
2,736
126
one thing for sure is that all this hoopla has gotten me to log into twitter more often.
wont help Musk's ads since i have ad blocker
 

JEDI

Lifer
Sep 25, 2001
29,391
2,736
126

wait.. it's not just the logo?
he's changing the twitter name to X?!

hail mary to save his $45B toy? next stop, bankruptcy?
(and hopefully the former owners buy it back at a fraction of the cost and return sanity)

'On July 5 2017, Musk repurchased the domain name X.com from PayPal.'
How much did he buy x.com for?
 
Last edited:
Dec 10, 2005
25,094
8,380
136
Spend $45 billion for an established company, except you alienate the customers and advertisers, fire most of the staff, and then take the established branding and throw it in the trash. Fucking brilliant!

Why anyone thinks Musk is so great is beyond me. He's just a moron with too much money.
 

Heartbreaker

Diamond Member
Apr 3, 2006
4,340
5,464
136
Spend $45 billion for an established company, except you alienate the customers and advertisers, fire most of the staff, and then take the established branding and throw it in the trash. Fucking brilliant!

Why anyone thinks Musk is so great is beyond me. He's just a moron with too much money.

It's a tiny bit more nuanced.

He does seem able to run companies that makes physical technology products. Though he does that by creating carrots and sticks to overwork his employees to get ahead in a new market niche.

OTOH, he seems utterly inept at running social media/advertising company, where simply abusing/overworking employees isn't enough have success.
 

JEDI

Lifer
Sep 25, 2001
29,391
2,736
126
Spend $45 billion for an established company, except you alienate the customers and advertisers, fire most of the staff, and then take the established branding and throw it in the trash. Fucking brilliant!

Why anyone thinks Musk is so great is beyond me. He's just a moron with too much money.
you dont understand his genius. :p

also, next year, people will have fond memories of Twitter like they do MySpace
 
  • Like
Reactions: Brainonska511

cytg111

Lifer
Mar 17, 2008
24,027
13,536
136
It's a tiny bit more nuanced.

He does seem able to run companies that makes physical technology products. Though he does that by creating carrots and sticks to overwork his employees to get ahead in a new market niche.

OTOH, he seems utterly inept at running social media/advertising company, where simply abusing/overworking employees isn't enough have success.
It has been an absolute phenomenal exercise in hubris.