Everything You Need to Know about Elon Musk's $44bn Twitter acquisition

Status
Not open for further replies.

upnorth

Moderator
Thread author
Verified
Staff Member
Malware Hunter
Well-known
Jul 27, 2015
5,459
Twitter CEO Elon Musk has told employees of the risk of short-term bankruptcy as corporations — hence potential advertisers — get trashed by spoof accounts set up under the new blue checkmark scheme he introduced. According to numerous reports, including Bloomberg, the rocket and electric car tycoon took to a Twitter all-company meeting to tell them there was a risk of going bust if the company did not start to generate more cash.
 

Stopspying

Level 19
Verified
Top Poster
Well-known
Jan 21, 2018
814
He's turned it into a ****show!
Yes, after reading that article about the imposters whenever I see posts from twitter I'm going to be wondering is this fake, fake, fake news, or only fake fake news, all the time, rather than for only the 75% of the time that I was doing that pre-Musk.

I thought the $8 pm verified account payments were aimed at helping to plug the financial hole(s) Musk sees in Twitter. As that is now suspended do you, or anyone else, think this will come back in a more thought out way? If not, I can't see how he's going to monetise the platform other than through massive advertising deals. As he's lost some very large advertising deals from companies who have reservations about him and or his methods/views it looks like Twitter may sink unless those companies are persuaded to return IMO.
 

oldschool

Level 82
Verified
Top Poster
Well-known
Mar 29, 2018
7,132
I thought the $8 pm verified account payments were aimed at helping to plug the financial hole(s) Musk sees in Twitter. As that is now suspended do you, or anyone else, think this will come back in a more thought out way? If not, I can't see how he's going to monetise the platform other than through massive advertising deals. As he's lost some very large advertising deals from companies who have reservations about him and or his methods/views it looks like Twitter may sink unless those companies are persuaded to return IMO.
The real problem is Musk's insistence on micromanaging, just like The Great "Orange-utan". ;)
 
Last edited:
  • Applause
Reactions: Stopspying

Gandalf_The_Grey

Level 76
Verified
Honorary Member
Top Poster
Content Creator
Well-known
Apr 24, 2016
6,615

plat

Level 29
Top Poster
Sep 13, 2018
1,793
Oooo, Elon's net worth dropped by 9 billion USD. He is currently worth ONLY 203 billion USD. The "poor" thing! 😭

I bet you Elon is surreptitiously beating the bushes for some stupe to off-load this on. He made the mistake of 10 lifetimes with Twitter. No turning back.
 

monkeylove

Level 11
Verified
Top Poster
Well-known
Mar 9, 2014
546
Around 90 percent of most U.S.-based media are controlled by six corporations:


and the same applies to the U.S. economy itself, where over 70 percent is controlled by a rich minority:


It even takes place on a global scale, where the world economy is essentially controlled by several hundred financial corporations.

One of their own is now creating mayhem, and they need to get back that control.
 

plat

Level 29
Top Poster
Sep 13, 2018
1,793

oldschool

Level 82
Verified
Top Poster
Well-known
Mar 29, 2018
7,132
Wha'?

Here is the ugly truth about Musk's ruthlessness:
For Twitter staff attempting to keep up with the logic driving how Musk calls the shots, one of the few very clear points Musk has made is that he believes Twitter can only function with people willing to work the way he wants to work... ... Musk told employees on the call that his experience has led him to believe that paranoia is necessary to survive a recession, and Musk’s paranoia about Twitter extends to his employees.
Just like most of the big name 'work sharing' platforms who have turned the clock back on their employees, their pay based on piecework like the days of old. Yes, let's go back to the Dark Ages, where peasantry were kept in their place, throwing them a bone once a year, the Christmas pig for the whole village.
 

monkeylove

Level 11
Verified
Top Poster
Well-known
Mar 9, 2014
546
About that Bulwark article, crypto essentially involves using virtual wealth bought and sold by other virtual wealth, i.e., much of money supply which has been consisting essentially of numbers with no backing for decades. Actually, money in general is essentially debt.

The catch is much of the wealth of the rich consists essentially of that, and in order to maintain control over much of the population, they have to make sure that whatever currency is used has to be regulated. Eventually, the same applies to everything else. Hence, the vision of not owning anything, being monitored continuously via electronic systems, and being happy for living in such a "glorious" world:



About accuracy, as pointed out earlier, much of media is controlled by the richest people in the world. They can only maintain such a position as long as everyone is controlled and regulated, and that involves not only blocking fake news (which is something not factual or something they don't want to others to hear) but also issuing only half-truths. That's why Facebook, Twitter, and others were generally blocking anything shared that questioned what powerful groups like the U.S. government and various multinational businesses are doing. And mainstream media has been doing similar since the first Gulf War.

Finally, very few acknowledge or are aware of the claim that both Republicans and Democrats are essentially the same: they promote neoconservatism and neoliberalism stemming from Reagan, in the service of the rich. That's why the U.S. has been engaged in decades of mayhem, using onerous foreign policies and the military to coerce, destabilize, and even invade countries like Iraq and Afghanistan; the dollar (also the petrodollar) needs to be kept propped up, and that involves making sure that most countries remain weak and the U.S. remains the strongest. Large numbers, with a majority unarmed civilians, have died, and this has been going on since the 1950s, but you will barely hear anyone virtue-signalling and standing up for them. Just Ukraine. Why? Because anything that Russia, China, and others do are bad, but when the U.S. does the same, it's right, because the U.S. stands for "freedom and democracy." It's part of American exceptionalism.

The last part of the article sounds absurd, with references to some "Old Democratic Party" and even comparing Biden to El Cid. The latter was part of the Reconquista, which sought to wrest Spain away from Muslim invaders. In contrast, Biden is more of a realpolitik politician, able to side with either party to get what his cronies want.

What about the first point? That probably refers to JFK. Take note what happened to him. In contrast, everyone from Carter all the way to Obama joined the neocon crowd.

So what does all of that have to do with Twitter? The rich with its corporations and the governments that work for it need to be in control, and that means not just economic but also media. That, in turn, involves not only getting back control of Twitter, but even making sure that more participate in Twitter and even Facebook, read only what the rich want them to read, and pave the way for a "Brave New World" where one will own nothing, have no privacy, and be happy because of that.
 

Stopspying

Level 19
Verified
Top Poster
Well-known
Jan 21, 2018
814
Status
Not open for further replies.

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top