Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

OT: https://www.cnn.com/2022/04/11/tech/elon-musk-twitter-board/index.html

So now Elon Musk isn't going to be on Twitter's board? Is this guy ever serious about anything, or just a tiring blowhard? Roll Eyes

So much for enacting any change at Twitter. If he's not at least a board member, he'll have exactly zero influence over their business model.

Unless he does a hostile takeover.

https://www.dailymail.co.uk/home/index.html

Quote

Had he taken a board seat, the SpaceX CEO would have been limited in how much of the company's shares he could own, with a 14.9 percent cap.

Musk could now remain a passive investor or plan a hostile takeover of the company.

Hope so.... Twitter as it is , is a dirty echo chamber narrative control censorship crazy virtue signalling shit hole, absolute dirt.

Maybe Musk didn't like the conditions of taking a seat on the board. The Chief Executive said he would have "to act in the best interests of the company and all our shareholders". Best interests is an umbrella term that could mean anything the company wants it to.

https://www.dailymail.co.uk/news/article-10706401/Elon-Musk-NOT-join-board-Twitter-CEO-says-believe-best.html

Quote

We also believed that having Elon as a fiduciary of the company where he, like all board members, has to act in the best interests of the company and all our shareholders, was the best path forward.