sicandtiredTXN said:

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Spoken like a true Marxist

I am frightened by the impact on society and politics if Elon Musk acquires Twitter. He seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, not less.

— Max Boot 🇺🇦 (@MaxBoot) April 14, 2022

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Wildmen06 said:

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hmm... if it happens maybe ill have to sign up again.

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YouBet said:

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BAP Enthusiast said:

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will25u said:

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$TWTR set to open at a discount of more than 10% to @elonmusk's offer.

This suggests that the Twitter board is expected to shoot down the purchase.

Doing so would be a egregious violation of fiduciary duty, in my opinion, and would open the company up to serious lawsuits.

— Andy Swan, M.C. (@AndySwan) April 14, 2022

Even if Musk is unsuccessful in the takeover, he will have brilliantly and clearly exposed the Left's unquenchable thirst for control above all else.

— Andy Swan, M.C. (@AndySwan) April 14, 2022

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As expected, ESG trumps fiduciary duty now. This whole situation will prove it to everyone and force it out into the open. This has major potential of completely undermining the stock market as an investment tool. If this is now the norm, then your investment is now hostage to leftists that want control.

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Yep, most just don't realize that yet. There was a group of CEOs that banded together pre-Covid that made an announcement that they would no longer be held accountable to traditional financial expectations for a company's success. It was largely ignored and forgotten about but it's real.

And ESG is the manifestation of that announcement. Now, Elon is at least putting that movement in the crosshairs with this bid so we shall see which way it goes. I'm skeptical any real, positive change will happen.

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Quote:

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Fiduciary duties exist to ensure that those who manage other people's money act in their beneficiaries' interests, rather than serving their own interests. The manner in which fiduciary duty is defined has profound implications.

Some institutional investors believed that environmental, social and governance (ESG) issues were not relevant to portfolio value, and were therefore not consistent with their fiduciary duties. This assumption is no longer supported.

Decisions made by fiduciaries cascade down the investment chain affecting decision-making processes, ownership practices, and ultimately, the way in which companies are managed.

This project contributes an extensive evidence base to end the debate on whether fiduciary duty is a legitimate barrier to the integration of environmental, social and governance issues in investment practice and decision-making. Additionally, the roadmaps set out recommendations to fully embed the consideration of ESG factors in the fiduciary duties of investors across ten capital markets.

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texaglurkerguy said:

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Are we sure this isn't an elaborate pump and dump scheme, and that all the grandstanding about the fate of free speech isn't just a sideshow to feed the hype? With Elon I could honestly see it either way.

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GeorgiAg said:

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actually, it will just be Trump tweeting mean things into everyone's brains.

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outofstateaggie said:

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sicandtiredTXN said:

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Spoken like a true Marxist

I am frightened by the impact on society and politics if Elon Musk acquires Twitter. He seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, not less.

— Max Boot 🇺🇦 (@MaxBoot) April 14, 2022

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Quote:

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I am frightened by the impact on society and politics if Elon Musk acquires Twitter. He seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, banning and censoring users and posts we don't agree with, including the truth, and manipulating content to promote our own ideology and sociopolitical influence, not less.

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will25u said:

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texaglurkerguy said:

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Are we sure this isn't an elaborate pump and dump scheme, and that all the grandstanding about the fate of free speech isn't just a sideshow to feed the hype? With Elon I could honestly see it either way.

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If it is a pump and dump, it is not working. TWTR is almost back to pre hostile takeover levels. Only up 1.5% on the day.

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will25u said:

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texaglurkerguy said:

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Are we sure this isn't an elaborate pump and dump scheme, and that all the grandstanding about the fate of free speech isn't just a sideshow to feed the hype? With Elon I could honestly see it either way.

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If it is a pump and dump, it is not working. TWTR is almost back to pre hostile takeover levels. Only up 1.5% on the day.

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GeorgiAg said:

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actually, it will just be Trump tweeting mean things into everyone's brains.

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rwpag71 said:

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will25u said:

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JUST IN - Twitter will reportedly hold an all-hands meeting with employees at 2pm over Elon Musk's offer to take over the platform.

— Disclose.tv (@disclosetv) April 14, 2022

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How long before they announce that grief counselors will be made available to employees?

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agcrock2005 said:

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GeorgiAg said:

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actually, it will just be Trump tweeting mean things into everyone's brains.

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And then you won't vote for him again...

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SouthTex99 said:

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The only thing I don't like is handing all these lib clowns $50B. Everything else is beautiful.

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rwpag71 said:

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will25u said:

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JUST IN - Twitter will reportedly hold an all-hands meeting with employees at 2pm over Elon Musk's offer to take over the platform.

— Disclose.tv (@disclosetv) April 14, 2022

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How long before they announce that grief counselors will be made available to employees?

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Wabs said:

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It comes down the algorithms Twitter uses. They don't want Elon to have access to them or change them expose the fact that they aren't algorithms at all and when Twitter says algorithms it means an army of woke moderators deliberately shutting down contrarian accounts.

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Womackster said:

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Wabs said:

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It comes down the algorithms Twitter uses. They don't want Elon to have access to them or change them expose the fact that they aren't algorithms at all and when Twitter says algorithms it means an army of woke moderators deliberately shutting down contrarian accounts.

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FIFY

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captkirk said:

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GeorgiAg said:

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More content moderation??????

Silencing voices by the elite does not lead to the survival of democracy. https://t.co/p1kprpCdUH

— Erick Erickson (@EWErickson) April 14, 2022

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Trump broke Max Boot

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Meanwhile on Russian state TV: head of RT Margarita Simonyan remembers her days as a proud pioneer drummer, demands less freedom, more censorship—just like China or the USSR. "We're all waiting for this," she claims. pic.twitter.com/gnaGrl7tBF

— Julia Davis (@JuliaDavisNews) April 13, 2022

SouthTex99 said:

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The only thing I don't like is handing all these lib clowns $50B. Everything else is beautiful.

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smstork1007 said:

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SouthTex99 said:

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The only thing I don't like is handing all these lib clowns $50B. Everything else is beautiful.

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Well he wouldn't be handing the lib clowns anything really. He is attempting to buy a public company, which means it's owned by shareholders. So its the current shareholders who he's giving his money too. But in reality, he is only giving them about 17% more than the current market price of $46.27, which they could sell at this very moment if they wanted to. Now a lot of the shareholders are libs, and by definition a clown, but all it would be doing is forcing them to sell what they already own.

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YouBet said:

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Also, if he wins the leftists in Silicon Valley will simply launch Twitter Blue Team for the rest of the world to migrate to. And most of corporate America and all of media will jump ship to the new platform. Along with most of the rest of the planet of whom most are marxist morons. Companies are not going to spend resources supporting much more than 2-3 major platforms. It's similar to the mobile OS app wars in that regard.

Elon will be left with Parlor 2.0. It will fail over time.

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aggie93 said:

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YouBet said:

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Also, if he wins the leftists in Silicon Valley will simply launch Twitter Blue Team for the rest of the world to migrate to. And most of corporate America and all of media will jump ship to the new platform. Along with most of the rest of the planet of whom most are marxist morons. Companies are not going to spend resources supporting much more than 2-3 major platforms. It's similar to the mobile OS app wars in that regard.

Elon will be left with Parlor 2.0. It will fail over time.

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Will never work. They could never build the brand Twitter has and gain credibility. It's like CNN+, just not that many hard core libs when the rubber meets the road. Musk would also give Twitter an edge and make it cool and fun again. I've jumped back on after more than a year of being off personally.

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Albatross Necklace said:

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aggie93 said:

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Albatross Necklace said:

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Why would someone buy Twitter?

It's free on the App Store

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Lots of ways to make money that don't involve selling the app, the key is having the users and activity then it is just a matter of finding creative ways to make money from having a massive audience.

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loveaTm said:

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Albatross Necklace said:

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aggie93 said:

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Albatross Necklace said:

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Why would someone buy Twitter?

It's free on the App Store

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Lots of ways to make money that don't involve selling the app, the key is having the users and activity then it is just a matter of finding creative ways to make money from having a massive audience.

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I'm gonna go out on a limb and guess respondent is an engineer.

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