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2
Posted on 7/8/22 at 5:07 pm to Oilfieldbiology
Delaware is the state of incorporation for many large companies.
Posted on 7/8/22 at 5:09 pm to SCLibertarian
Interesting. Seems like Twitter is trying to reduce their tax burdens.
This post was edited on 7/8/22 at 5:09 pm
Posted on 7/8/22 at 5:09 pm to geauxtigers87
quote:
twitter is full of bots, that's why it's falling apart
Seemingly liberal people often call me a bot when I disagree with them or make fun of something. I guess I'm to blame.
Posted on 7/8/22 at 5:10 pm to Oilfieldbiology
quote:
Interesting.
You'd be surprised how many corporations incorporate in Delaware but have nothing more than a PO Box in the state. In fact, it's most large corporations.
Posted on 7/8/22 at 5:11 pm to Oilfieldbiology
quote:
Why is this case being heard in Delaware?
Choice of venue in the merger agreement I believe.
Posted on 7/8/22 at 5:12 pm to Decatur
Just looked at their stock. After hours already down around 7%. This could could get bumpy.
Posted on 7/8/22 at 5:12 pm to Big EZ Tiger
On Monday waking up to the stock market on Twitter, God that’s going to be a great day. It’s going to be like waking up on Christmas morning as a kid.
Posted on 7/8/22 at 5:12 pm to deeprig9
quote:
You'd be surprised how many corporations incorporate in Delaware but have nothing more than a PO Box in the state. In fact, it's most large corporations.
At one time Union Pacific was incorporated in Delaware while not having rails west of Omaha.
Posted on 7/8/22 at 5:14 pm to deeprig9
I am aware that a lot of credit card companies are incorporated in Delaware
Posted on 7/8/22 at 5:16 pm to deeprig9
(no message)
This post was edited on 2/2/24 at 8:21 am
Posted on 7/8/22 at 5:17 pm to MattA
quote:
Just looked at their stock. After hours already down around 7%. This could could get bumpy.
Posted on 7/8/22 at 5:17 pm to deeprig9
As soon as there was a stall in the deal I thought it wasn't going to ever happen especially when he was requesting information to determine how many accounts were bots.
I would assume that's a number they would only be able to estimate.
Between all of the "political consultant" companies that have farms to create and grow accounts used to get topics trending and to spread whatever narrative they are pushing, the number of the general population who have more than one account and anyone else in any other industry who has many acccounts they used to help them get topics trending, it would be very difficult to determine, one by one, which accounts are legit and which ones are total bullshite.
Twitter has 397 million users. If I had to guess, I'd say about 175 million of those accounts are legit, accounts
I would assume that's a number they would only be able to estimate.
Between all of the "political consultant" companies that have farms to create and grow accounts used to get topics trending and to spread whatever narrative they are pushing, the number of the general population who have more than one account and anyone else in any other industry who has many acccounts they used to help them get topics trending, it would be very difficult to determine, one by one, which accounts are legit and which ones are total bullshite.
Twitter has 397 million users. If I had to guess, I'd say about 175 million of those accounts are legit, accounts
Posted on 7/8/22 at 5:19 pm to lsuconnman
Did you read the full filing? He goes into detail about Twitter lying and reducing his ability to query their databases. It’s pretty fascinating and he’s certainly in the right to force the issue here. Twitter suing (which he knew would happen) is going to drag this out and eventually lower the price either with a new deal or arbitration. No one… not a single analyst or major investment bank think $54 is a fair price after all that has happened.
Posted on 7/8/22 at 5:20 pm to lsuconnman
quote:
This isn’t a good look for Elon. Given the market in the past seven months he’d be fool to follow through with an offer based on a value derived seven months ago.
This wasn’t about the market, this was about freedom of speech, and either Elon was going to own Twitter and turn it into a complete free speech platform or he was going to burn it to the fricking ground on his way out. Either one is good and God bless Elon Musk for it.
quote:
Nonetheless, the bot argument is so bad it has to sour everyone’s opinion from either side. That inherently leads right to the argument about how much influence a single person’s opinion on social media can influence the financial success/failure of essentially anything.
Awww, sad that Twitter just struck the iceberg and it’s sinking?
Posted on 7/8/22 at 5:21 pm to James11111
quote:
To some hillbilly living in a trailer out in the sticks, its very possible that electric cars, space travel, and Paypal seem like snake oil.
Ok well that’s on them for being ignorant of reality.
Posted on 7/8/22 at 5:22 pm to Decatur
quote:
Choice of venue in the merger agreement I believe.
Yep. I believe the Chancery Court in Delaware is the largest docket in this country for business lawsuits. Makes sense too. You don't want a judge who's a former prosecutor in a random state or federal jurisdiction hearing this case with no business law experience whatsoever.
Posted on 7/8/22 at 5:23 pm to Got Blaze
quote:
Musk is playing 3-D chess with these idiots
Posted on 7/8/22 at 5:23 pm to deeprig9
Once Tesla stock tanked, he was never going to make the deal.
Posted on 7/8/22 at 5:25 pm to BayouBlitz
I was told very specifically that Elon buying Twitter is a direct threat to our democracy.
Those aren't my words. Those were the words spoken by politicians and members of the media.
But now they're celebrating Twitter suing Elon so that he buys them?
Those aren't my words. Those were the words spoken by politicians and members of the media.
But now they're celebrating Twitter suing Elon so that he buys them?
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