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Showing posts from April, 2022

Elon Musk emerges victorious in the fight for Twitter

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The full version of this article, along with thousands like it, can be found here: Elon Musk emerges victorious in the fight for Twitter News broke late yesterday that the Twitter Board had accepted the offer from Elon Musk of $54.20 per share, a number that values the business at some $44 billion. After the acquisition closes, Twitter will revert back to being a privately held business. The current Board will therefore be disbanded and the Tesla and SpaceX CEO will be able to make any/all changes that he desires. More interesting that the end result will be to see how governments around the world respond to the acquisition. For the past years, the direction of travel (globally) has been towards silencing opposition voices; narrowing the Overton window of what is deemed acceptable discourse; with an orthodox worldview being pushed by corporate media... and (importantly) national and federated international governments like the European Union. Anyway, in terms of Twitter , it was

Twitter: let the battle for ownership commence

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The full version of this article, along with thousands like it, can be found here: Twitter: let the battle for ownership commence Elon Musk has seemingly been an advocate for what we call 'logical libertarianism' for quite some years now. A belief system that leans heavily towards personal freedom and less red tape, but unlike pure libertarians does see the need for some regulation as and where society needs it. His latest tweets about free speech and democracy were followed by a bid for Twitter . This has of course been heavily reported across the web and covered ad nausea by tech and political commentators. Twitter's Board of Directors, a group of esteemed professionals with quite diverse backgrounds, but little in the way of share ownership in the company adopted what is known as a “poison pill” last week in response to his very public $43 billion bid to acquire. Assuming Mr Musk hits the 15 per cent ownership threshold that the tactic is designed to be introduced

Can Elon Musk bring tangible change to Twitter?

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The full version of this article, along with thousands like it, can be found here: Can Elon Musk bring tangible change to Twitter? When news broke that the worlds richest man Elon Musk was buying a >9% stake in Twitter, the feedback was overwhelmingly positive. Whilst it is true some of the more radical activists at the company threw their toys out of the pram, management both current and previous greeted the news with glee and excitement. Co-founder and former CEO, Jack Dorsey gave the news a big thumbs up, tweeting "I’m really happy Elon is joining the twitter board! He cares deeply about our world and Twitter’s role in it"; as did the new Chief Executive Parag Agrawal who hinted that he had been working with Musk on product ideas for a few weeks. The importance of the relationship between the Board and the Chief Executive cannot be underestimated. A good Board member can be a huge asset to the CEO; and if the Board as a whole trust the Chief Executive to action th