Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Odoreida

(1,549 posts)
Sat Feb 29, 2020, 09:56 PM Feb 2020

Republican hostile takeover of Twitter may be in the works.

Republican mega-donor buys stake in Twitter and seeks to oust Jack Dorsey – report
https://www.theguardian.com/technology/2020/feb/29/paul-singer-elliott-management-twitter-jack-dorsey

A major Republican donor has purchased a stake in Twitter and is reportedly seeking to oust its chief executive, Jack Dorsey.

Bloomberg News first reported that Elliott Management has taken a “sizable stake” and “and plans to push for changes at the social media company, including replacing Dorsey”.

Paul Singer, the billionaire founder of Elliott Management, is a Republican mega-donor who opposed Donald Trump during the real-estate magnate’s run for the presidential nomination but has since come onside.

After a White House visit in February 2017, Trump said Singer “was very much involved with the anti-Trump or, as they say, ‘Never Trump’, and Paul just left, and he’s given us his total support and it’s all about unification”.

Trump famously communicates with the public largely through Twitter, at the expense of traditional media strategy.

...
12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Republican hostile takeover of Twitter may be in the works. (Original Post) Odoreida Feb 2020 OP
Some vulture capitalist should mount a hostile takeover of Facebook and sell off it's parts pecosbob Feb 2020 #1
From your keyboard to God's ears, pecosbob! BComplex Feb 2020 #2
No shit -- klook Feb 2020 #7
He is the establishment Repub who paid Fusion GPS for oppo research leading to Steele Dossier wishstar Feb 2020 #3
That would be the end of Twitter C_U_L8R Feb 2020 #4
My take is that this is because Twitter stopped accepting paid political ads pecosbob Feb 2020 #5
Probably right...nt Wounded Bear Feb 2020 #6
+1 crickets Feb 2020 #10
This is where Bloomberg and/or Steyer could help Roland99 Feb 2020 #8
If this happens. I hope Twitter collapses. dewsgirl Feb 2020 #9
K&R UTUSN Mar 2020 #11
That'll kill it in a hurry. nolabear Mar 2020 #12

C_U_L8R

(45,559 posts)
4. That would be the end of Twitter
Sat Feb 29, 2020, 10:10 PM
Feb 2020

Might not be a bad thing. Start over with a platform that verifies its users and enforces its own polices.

pecosbob

(7,901 posts)
5. My take is that this is because Twitter stopped accepting paid political ads
Sat Feb 29, 2020, 10:17 PM
Feb 2020

Last edited Sat Feb 29, 2020, 10:54 PM - Edit history (2)

The one percent would make social media into their malignant misinformation machine.

Edit...I also recall a recent court decision that barred Trump from blocking people hammering him on Twitter. He would love to be able to use Twitter as a megaphone without the entire world calling him a moron in response.

Your choice...Machiavellian or Trumpian. Doesn't really matter anyway as they both dovetail into Twitter being used as a powerful political weapon.

Latest Discussions»General Discussion»Republican hostile takeov...