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Twitter- The 44 Billion Dollar Questions

(Topic created on: 26-04-2022 05:48 PM)
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JAMES4578
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As most will likely know Ellon Musk's take over Bid has been accepted subject to shareholder approval. Expected to go through towards the end of the year when shares will be delisted and it will go private.

Seems an extraordinary price to pay for a social Media company which has generally struggled for profitability and concerns over giving so much power to one individual. Musk is a strong advocate of "Free Speech" but how far should the boundaries go , concerns it will mean limited regulation. current leader Parag Agarwal has stated that the future direction is uncertain. 

See here for the Tech take on it:

I do not work for Samsung or make Samsung Products but provide independent advice and valuable contributions.


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JAMES4578
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The drama goes on, Musk has offered to close the deal on the April terms, however the trial has not been postponed yet. https://www.theguardian.com/technology/2022/oct/06/twitter-elon-musk-takeover-deal-delaware-trial-wh... 

I do not work for Samsung or make Samsung Products but provide independent advice and valuable contributions.


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JAMES4578
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Musk has now closed the Twitter deal after all,though obviously concerns remain,    likely keen to avoid court proceedings. https://www.theguardian.com/technology/2022/oct/28/elon-musk-twitter-hate-speech-concerns-stock-exch... 

certainly challenges for the  Business magnate though,according to this article a number of downsides . https://www.theverge.com/2022/10/27/23424880/twitter-elon-musk-tesla-risks-spacex-empire-hellsite 

I do not work for Samsung or make Samsung Products but provide independent advice and valuable contributions.


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