According to multiple media sources Twitter has reached a deal with the representatives of Elon Musk for the tech billionaire to purchase the social media company. According to the Wall Street Journal, over the weekend the outlines of the deal were agreed and last night the final assembly of the purchase came together.
Keep in mind that Twitter is slated to report first-quarter earnings this Thursday, and originally the board was going to wait until after that earnings announcement to respond to the bid.
Something changed.
My suspicion is the financials of the Q1 earnings report will not support the $54.20 high end evaluation offer originally proposed by Musk.
If the low Q1 earnings rumors are accurate; and if Twitter had declined or fought the offer; the board would have been in the position of declining a deal that was substantially higher than the company market value, a tenuous position legally. Thus, a deal was made.
(Wall Street Journal, update) – “Twitter is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday, people familiar with the matter said, days after the billionaire unveiled his $43 billion bid for the company.
The two sides worked through the night to hash out a deal that would be valued at $54.20 a share, or $44 billion, the people said. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner.
It’s not clear why the total value of the deal has increased slightly from prior expectations, but it could be related to an updated share count.” (link)
Elon Musk responded to the rumors of the finalized deal with a tweet earlier this afternoon: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”
Meanwhile, the professional political leftists who use the platform are having a complete mental breakdown. Thousands of them are promising to leave Twitter and find a safe place if the deal goes through.
As CTH has continued to evaluate this entire scenario, the internal tech architecture is the aspect that is the most interesting. As this develops there is a great deal of interest into not just the controlled speech system that Twitter background operators have assembled, but also what underlying tech systems on the platform are connected to the public-private partnership.
We know there is a connection between the U.S. government and Twitter…. the question is, how is all of that being operated?
And here we go ……..
” Biden Admin. says it will take steps to combat ‘ misinformation ‘ on social media ”
@JackPosobiec . 23M
Trump just said he’s not going back to Twitter.
Breaking: President Trump WILL NOT Come Back to Twitter Despite Elon Musk Takeover
https://www.thegatewaypundit.com/2022/04/breaking-president-trump-will-not-come-back-twitter-despite-elon-musk-takeover/
FOX News reported today that President Trump will not return to the platform and promised to join his own TRUTH Social app in the coming days.
……… ..
The former president told Fox News Monday that he will formally join his own TRUTH Social over the next seven days, as planned.
“I am not going on Twitter, I am going to stay on TRUTH,” Trump told Fox News. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on TRUTH.”
Trump told Fox News he will begin “TRUTHing” over the next week.
SD, based on your prior writings I thought you said “they” would never let this happen. With moles running virtually every government agency, including the SEC, why would “they” worry about a few peon stock holders?
I too wonder about Gubmint allowing this to happen?
Hmmmm….
“Authenticating all humans”
Would this be used for ID’ing and tracking purposes, i wonder?
I guess we’ll know how things are going the next time there is an embarrassing scandal
involving high muckymucks that lean libtard.
is this another one of them splitter strategies
@disclosetv
14m
JUST IN – Twitter’s source code is locked down to make it harder for employees to make unauthorized changes to the platform, Bloomberg reports.
That may well be, but all computer source code (and related assets) are always maintained in archive and in change-control systems which provide full accountability and differencing for all versions, both present and past. This is a fundamental software industry practice.
These are the “crown jewels” of every software shop, and they are very well protected and accounted for. Always.
Unless the head of said shop has a grudge. Change control and archiving are only as good as their users and their level of access.
There are always enough crazies in libtard world.
“Meanwhile, the professional political leftists who use the platform are having a complete mental breakdown.”
So, in other words, same as usual.
IMHO, this is the DoD winning a battle over the DoE and CIA.
Elan should never be trusted when he is about ready to implant chips in human brains.
As long as it’s voluntary and no essential services can be blocked for refusing it; others are welcome to shove silicon into their skulls.
https://th.bing.com/th/id/R.73520ecb59095fdc77962195752e02fe?rik=C3IFAwB35dTERA&pid=ImgRaw&r=0
OOps
Already doing that 😂😯
Already doing that😂😯
https://th.bing.com/th/id/R.73520ecb59095fdc77962195752e02fe?rik=C3IFAwB35dTERA&pid=ImgRaw&r=0
Sorry about double post 😓
There are people, as I write this, who are already walking around all chipped up. Crazy.
“Young skulls full of chips . . . “
That’s how it starts. They leave the door to the cage open for a little while.
But that’s never how it ends.
Isn’t the micro chips crapola Bill Gates’ idea?
The Patriot Voice:
So far today…
Twitter has been fully sold to Elon Musk.
Leftists are absolutely losing their minds over it.
Twitter had to put a stop on their source code, so that rogue employees don’t try to change/alter it.
Trump calls Elon “a good man”
A Trump appointed Federal judge has put a temporary stop on the removal of Title 42.
WHAT. A. DAY.
https://t.me/PatriotVoiceOfficial/23201
And Disney just got beechslapped, CNN plus has tanked, NetFlix got dumped on, and Twitter will no longer be the Leftist circlejerk.
And it’s only Monday …
#Winning
This has given Trump a bump in the rear to get on his own platform. He mentioned it for the first time at his Ohio Rally Saturday Night. I only joined Truth Social to read his views and truths – he said he would start using the platform this week.
Are there other people posting there yet?
Several… Dinesh DSouza, Jack Posobiec, Kash Patel, Catturd (he’s in the hospital) B/Bee and others…
I like the site and have mentioned before – easy to navigate (some aren’t).
Can you leave a link to one of their posts for people to check it out?
Let’s see if this works:
https://truthsocial.com/@DanScavino
Ha! Guess not. Sorry about that. 🤷♀️
Thx for trying, Land.
yeah, I got a “404”
The App is for iPhone only, thus they confirm via text.
I don’t have an iPhone or a Cellphone nor do I want one.
Sad.
They’ll be expanding to any device/pc “shortly”…
“Nunes: Truth Social migration to Rumble cloud has gone flawlessly”
https://rumble.com/v11zwr0-nunes-truth-social-migration-to-rumble-cloud-has-gone-flawlessly.html
I’m denied access, either because I don’t have an account or because I’m in Vietnam.
I wonder if the impending explosion of users on TS might have given impetus to the Twitter board to accept the offer, perhaps they could see the writing on the wall.
That and perhaps the 4th Branch see an opportunity to screw Elon by pulling the backbone/subsidy after the sale, leaving a money-pit with no hope of profitablity.
I apologize if this was covered in the comments. It’s 6am here, getting kids of to school and haven’t had a chance to read them.
Cheers!
I don’t have an account, and won’t be getting one.
So hopefully, they’ll allow people w/o accounts to share/ read posts and comments to posts, etc.
If not, the word will not be getting out much.
I do not download social apps. If I cannot access by dot com, I don’t access. I wish they would make it like CTH. Then I can read, and participate if I chose.
Twitter is like that right now!
No account, but can read and share pots and comments.
TS would be a step backwards if it doesn’t do likewise.
agree.
Trumppatriot Devin Nunes said the web version is coming soon(and Android also.) I created my account on an older Ipad, but prefer using my laptop.
Agree; for example I can read twitter (as long as am logged out of you tube) without an account, can even share links of tweets, but on facebook cannot read any posts unless signed up for that.
Am wondering if Truth Social will allow folks to read, and share links to other sites, such as adding to a comment here on the Treehouse, without being signed up to it. I think that availability of people to read twitter without having to sign up for it is one positive that twitter has.
It’s gotten much faster in the last couple of weeks.
Not on it yet, still waiting for desktop, tablet access.
Is it more like twitter or facebook, a combination of both or something completely different? Very curious.
Yes. Quite a few Red Check Mark people.
Mainly things from Fox!
I may be a little slower at age78 but after trying to scheduling up to truth social ready to give up.we have desktop,tablets,smart phones but cannot even find a place to sign up.
Sign up not scheduling.
Any word when TS will be available for Android users?
See comment up above Re. (Nunes video link)
I expect it would have taken off better if he had more than Apple as a gateway. That is a severe limit to traffic.
Many users use varieties of the Android OS both with and without the google monitoring.
And some, like myself use a variety of laptops and PC OS from windows, apple, Linux, etc.
I don’t use apple (or my cell for social media and rarely in emergency for net connectivity) so no Truth Social for me, even to “just check it out”.
IPhones are only 5% of the cell phone market. 95% are Androids which are basically run by Goolag.
My Twitter account was recently frozen for 12 hours cus I made a comment about xx and xy chromosomes in replying to some twitter post. They wanted my phone number so they could send me a code to unlock my account.I haven’t bothered cus I’m not giving out personal info. I will see if the new owner invites Trump back and unlocks my account, or he discovers that Twitter is a government deep state op run on government servers and he bought today’s Myspace and his investment cost him like CNN+ cost its owners. I am locked out of most social media sites and publishing sites cus I post facts and question the heartfelt assumptions of the ”message”.
“They don’t censor you for lying. They censor you for telling the truth.”
I got locked out right after the 2020 election because I wouldn’t provide my phone number. I still haven’t provided it. But they count me as a “subscriber.”
#MeToo !
I was forced to make mine “private” in 2017– (after 2016 election). They’ve been silencing truth tellers through various means a lot longer than most realize.
President Trump has said he will not be going back to Twitter.
IMO Twitter is nothing without President Trump and all the bots responding.
google voice? I know it’s google. But if you want to avoid giving out a personal number its a very good solution for things just like this.
for instance, some retailed demand I provide a phone number for warranty registration. Over the years, I always saw that as a negative, given if you read the EULA, the share your info with 3rd party spammers. And that gets frustrating.
Noting: you can create a google voice number on a browser page. Don’t use an app to do it. (otherwise you get equally annoying notifications.
just an idea I think might help
sidenote: even though elon looks to be doing something special with twitter I have no interest in the platform. It’s a time suck. I have more important things to do than listen to gossip, heresay, babble and other crapola.
I prefer THIS SETTING. Where there is a decent group of people who actually have a common interest and goal in mind.
It’s all about content.
Yep. This is how they do it. It’s just that easy.
Yup.
When did the Two Minute Hate become Hate Who We Tell You To Today?
Never have or will play that game and have zero respect for those that do.
What kind of mental disorder can’t handle the existence of dissenting opinions? I suppose the same one that is terrified that if I don’t wear a mask then theirs won’t work. And if I don’t vaccinate myself, then their vaccination doesn’t work. What the heck? How do these people make it through the average day?
.
What kind of mental disorder can’t handle the existence of dissenting opinions?
People who have cogitive dissonance. Who are trying to believe what they already know are lies.
.
Hearing a dissenting opinion makes them question their premises. Can’t have that in the brainwashed. They can’t defend their arguments because they didn’t come to them themselves
It’s the common good thing. Doesn’t matter if it makes sense just as long as it feels morally superior
Duh New Tribalism.
Try CTH comments regarding the War in Ukraine some time.
“God watches over fools and drunks”
Overpaid and Underworked
OMG. I wonder who this – now infamous- person is?
Hope she knows how much we appreciate her contribution to humor over the past 6 years.
Leftists Worried Elon Musk Will Turn Twitter Into A Place Where Terrible People
Post Bad Opinions And Fight With Each Other All The Time | The Babylon Bee
btw, these guys are on fire lately.
We will see if Musk gets rid of the UnAmerican 1A hater CEO. First order of business.
The number of Libs that will leave Twitter is equal to the amount of Libs who moved to Canada.
Zero
Yeah, but Soros and the funders of Collectivism may have to dig deeper to cover mental stress in his posters receiving facts and responses that are no longer the controlled echo chamber.
Can you imaging the amount of work the leftist counselors are going to have to do to keep them working for the cause? How long before their counselors start to break down in the face of all those triggered passing on fact that bleed through?
“It does not take a majority to prevail… but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men.” – Samuel Adams
“Our union is now complete; our constitution composed, established, and approved. You are now the guardians of your own liberties.” – Samuel Adams
I guess that the Board decided it would rather sell to Elon than be sued by its shareholders.
They must have received a letter from Morgan and Morgan that got them to change their minds.
So much for their poison pill.
They were about to get a discovery letter from Ron DeSantis, too.
Ha, have you seen his billboards in Philly that say call Jawn Morgan? Hilarious and pandering to those trying to “catch a case”. Hahaa
The Weird Part:
All this furor is merely about returning to the kind of Free Speech we all grew up with.
Yep.
I remember when some people threw a fit over the Nazis marching (in Skokie, ILL?), saying it shouldn’t be allowed.
The near unanymous response?: 1st Amendment. Free Speech. SORRY.
This was back when Americans threw shade at Germany and other European countries for NOT having Free Speech.
The idea of ANTI Free Speech must have been trained into kids at schools and colleges over the past few decades.
Yes–commie professors teach it. Disagreeing is not just wrong, but criminal. It’s trying to win an argument by bringing handcuffs. “My violence is Speech. Your speech is Violence!”
Ogabe tried that Two-Tiered Two-Step the other day: “I’m a Free Speech absolutist. I just want Social Media to keep censoring extremists–you know, people who disagree with me.”
Even an academic Leftist like Noam Chomsky is old-school liberal enough to say “Goebbels was in favor of free speech for views he liked. So was Stalin. If you’re really in favor of free speech, then you’re in favor of freedom of speech for precisely the views you despise. Otherwise, you’re not in favor of free speech.”
The Sarah Palin (attempted) speech in Madison, WI. was when I knew beyond a shadow of a doubt that the Left/Dems were ANTI Free Speech.
All those union creeps and college students purposely yelling, screaming, blowing horns and whistles so that nobody could hear what she was saying.
They were so disgusting.
And then that became common place for these Fascist Goons- just shout the Free Speech rights of others down.
thumbs up times a thousand!
Bad investment. Twitter is a worthless platform for people who think they are relevant, tweeting to think they will become more relevant, but at the end of the day. they become less relevant. Walk softly……………
In its current form. Musk doesn’t think in short-term. In the long-term how much is the infrastructure and user base worth to a new product that can capitalize on it?
Maybe using Starlink.
Is the need for a “safe space” an admission to being a racist?
Just a crybully.
People whose job it is to censor speech on Twit fear they’ll lose their jobs.
Can’t make this stuff up.
Remember that meme way back in 2016 of Trump drinking up salty salty lib tears?
Same vibe.
Good times!
Excellent news.
I look forward to reading all the lib meltdown posts everywhere. My salty tear supply is running low.
😁
😂 They lost their power.
Does he make the check out to the CIA or the NSA? I get confused.
Depends. Are these checks for spying on Americans or for spying on everyone else?
Seen elsewhere:
“Personally, I hope that Musk is down with the Great Libertarian Conspiracy to take over the world and leave everyone the hell alone.”
It’s splody head season again, and I’ve got a fu***ng silo of popcorn.
Bring it on snowflake’s.
Hint: You CAN handle the truth, it just takes a little more effort by you to consider differing points of view. Try it, you may just like it. Some day, you’ll look back and say, Elon was right.
Chrissie is a comedian. Just a Heads Up.
Free speech creates ideas.
Free speech promotes technological advances.
Censorship does neither.
Free speech could be a money maker for someone like Musk. 🤔
Left unsubscribe, Patriots sign up… What a wonderful way for the deep state to get an ear on those pesky J6 people…
Trust nothing… 😉
Take it private. Make some changes. Ged rid of some people at top. Get LOTS of data. Take it public in 2 years. EM loves himself,attention, $ , power and making babies.
“because that is what free speech means”? Time will tell right!
“””If”””, Twitty goes free speech, it will have to be purged first. No stockholder, except the one that are with Musk and no disclosure statements. Full control = Purge.
Obviously, Twitty will change, interesting to watch this one, but I still will never subscribe!
A tidal wave of liberal tears soon to be followed by a tidal wave of pink slips for leftists …
just being suspicious but it seems Elon make a great portion of his wealth from the goverment. So if twit is running on the government backbone and it appearsTwit rolled over on the deal so why so easy?
Yes, he does. He’s a globalist like the rest.
Elon already mentioned doing business with Dogecoin through Twitter.
Thinking synergism . . . . and profits.
Musk’s deal is “calling the hand” in the US Intel poker game. It forces them to now make a move. If the U.S. government tries to somehow make a move, through the SEC or otherwise, to block and/or interfere with the deal then it’s clear who is funding and controlling the platform. This is super interesting.
Everyone seems suspicious because the board of socialist ar Twitter folded like a cheap suit.
With Elon musk’s deep pockets and government connections, I bet he had a pile of dirt on every board member. He basically told them except my offer or what I got goes public and you will get destroyed by the time I am done.
It was not a hard decision for the board.
I bet Sundance is right about Twitter’s earnings. Usually boards at least try to get a higher price than the initial offer.
Trying to make this make sense.
Coming back to the baseline that SD pointed out so well: Twitter on a large scale is a money losing proposition. It cannot make money with the current cost of computer bandwidth (I’m getting the term wrong here but the concept is the same).
So even if Musk had the Twitter Board by the corporate law short hairs (and he did), what is the game plan going forward when the DS don’t play, and pulls its infrastructure support?
Musk isn’t an idiot.
Options:
1) This is a head fake and he is playing for the DS team, double agent.
2) White hats exist and will deliver the infrastructure on an ongoing basis
3) Alternative infrastructure exists. Starlink?
4) Combination of 2 and 3. The Whole of Government Quantum computing efforts succeeded in making almost infinite computing power accessible for almost no cost, Starlink (which is US Govt financed) has that tech built in, and Twitter can make $$ because the operating costs are now just labor in staffing personnel?
There was a lot of smoke and signaling around that Dragon rocket launch a while back. The Rock was doing tweets on it. Significance was unclear.
Maybe related?
A lot more here than meets the eye.
There was also a link posted on The Saker comment board alleging that the Russians found it impossible to jam Ukraine internet communications provided by Starlink. Unkniwn new technology meant the old internet severing methods were futile. That comment was roundly rejected by others on the board as American propaganda, but maybe it had some substance. There was a suggestion that it was just a matter of time before Russia got hold of a Starlink module and reverse engineered it.
Space wars.
I believe his gigafactories all have data centers and server farms. 🤔
link from 2015.
https://www.datacenterdynamics.com/en/news/teslas-5-billion-gigafactory-will-include-a-data-center/
I hate to be a Debbie downer, but, what are all the signs internationally showing us? Like Italy announcing a Social Credit Score? Musk being for Free Speech won’t mean anything when Censorship becomes Law…. Within 12 or 24 months, we’ll be saying – all this accomplished was making Elites who owned Twitter stock even more filthy rich…
Look, Twitter is a sewer. Have you noticed how quickly Conservative Inc. Media has gone into overdrive reporting that “the Left is melting down” over this?
If you don’t notice after the 15th time the media r*pes you, and you’re yet again happy about the outcome because the other side is sad, I think I’ve figured out what the problem in America is.
Twitter is BAD FOR YOU. It is BAD FOR THE COUNTRY. It is BAD FOR THE HUMAN RACE. The entirety of Twitter, all its servers and half its workforce should be thrown into an active volcano and every year anybody who says “You know, we could use Twitter right about now,” gets thrown in too. In fact, that’s how we’ll get society back on an even keel because anybody who thinks Twitter will ever be any good for anyone is the problem.
Twitter isn’t a town square. It’s the monkey house.
But I am enjoying how quickly people all start saying the same thing at the same time as I read through the comments tonight.
Hokkoda: Agree!
So if lame Twitter is worth approximately $45 billion…what is Truth Social worth?
Our Lion needs to thank Musk for setting the market price…
Hmmm…inquiring minds want to know…
I would say a lot more. Sundance has said Twitter relies upon government servers and computer power.
Truth Social is building to go around that.
It is going to be worth let’s say astronomical amount.
The socialist media in this country will be foaming at the mouth, because truth about them and the traitors in our government can be exposed for the world to see.
TS may cost more to build out, but it’s worth will be found in the extent of it’s appeal, will it play beyond our borders and tribe?
Not that I don’t wish them great success, but I have my doubts.
Ha,
Interesting……so there is no proof of this. I think it is wishful thinking.
From Bloomberg
Twitter Under Elon Musk Threatens to End Trump’s Truth Social Media VentureFormer president’s potential return to Twitter is worrying investors in the shell company tied to Trump Media’s Truth Social.
https://archive.ph/kfqGT#selection-3267.0-3273.126
Now if he was just buy Dominion and secure us free elections!
Take it private and nuke it. Then award Musk the Nobel Peace Prize.
Well worth $42 billion dollars to rid this planet of Twitter.
California just threw away $31 billion dollars on fraudulent “covid relief” claims it will never get back. $42 billion dollars to nuke Twitter once and for all is cheap.
Elon is not doing this alone, his partners will be interesting
The possible return on $44 billion is sketchy…..this an honourable speculation by E.
See, he was serious.
Watch out. This is LOUD.
My favorite is the bottom row 2nd from left when announced our lion was confirmed as President….losers all of them
And they vote.
the stock is overpriced due to speculative action (elon effect).
I am shorting this stock on margin.
not a bunch, but enough to pay a few months bills.
later I may take a long buy position.
noting: this is a very risky gamble.
but I have a hunch that the value for the shortterm has already been priced in by speculative action.
What I expect to happen is that prices will drop leading into thursday and then continue for some time …
the buyout is just the first step…elon has big plans. most people do not realize this fully, but this massive social media company has been underwater for a very long time. It’s because they haven’t seemed to figure out how to monetize the platform.
among many things, open source algo, open speech with less radical rules, and monetizing the platform through ads, elon stand to make this platform enormously profitable…and more popular than ever.
Elon is not a stupid person. He is very much like President Trump in one respect. He is a disruptor and has a fine sharp eye for business deal. With Elon, he has a very good feel for what people want out of a product. He usually exceeds expectations.
I even think the SEC and the radical left is going to think twice about hunting him down.
Nearly overnight, the radical base has changed their tune…not out loud…but you can sense it.
the radical left is first and foremost interested in making easy money.
elon is about to make that happen.
noting: he is probably going to mix in ethereum and bitcoin in some way. I can’t imagine how, but watch and see it unfold.
It will be spectacular.
https://www.nasdaq.com/market-activity/stocks/twtr
for reference
or this.
notice volatility
Probably a smart move…Besides EM there is no one else lining up…EM has cajones…and those with cajones usually make the rules.
Remember, he is a big dogecoin cheerleader
…is it becoming a (partly taxpayer funded) vehicle that can be shaped for user$ to be propagandized via:
All of which could grow in capital value…
( what return do taxpaying contributors, get ?
If the gov’t. is involved (it is), that could be naive’ to even ask….but, it is not beyond a politician to try to infer – without proven basis of fact. (look at the huge national debt))
imho
Yep.
😄😄😄