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Wednesday, April 27, 2022
27 April 2022. Elon Musk, The Man Who Wants To Implant a Microchip Into Everyone’s Brain Just Bought Twitter, Should You Be Worried?
27 April 2022. Elon Musk, The Man Who Wants To Implant a Microchip Into Everyone’s Brain Just Bought Twitter, Should You Be Worried?
https://www.nowtheendbegins.com/elon-musk-buys-twitter-but-first-neuralink-microchip-brain-implants-for-everyone/
Done deal: Elon Musk buys Twitter
https://youtu.be/cz03E7npLYY
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Stockholders will get $54.20 a share in the deal reportedly valued at $44 billion.
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Source: https://www.nowtheendbegins.com
via Newsletter Prepareforchange
ELON MUSK
Elon Musk, The Man Who Wants To Implant a Microchip Into Everyone’s Brain Just Bought Twitter, Should You Be Worried? Nah, It’ll Be Great !
By Geoffrey Grider,
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included in the press release announcing the $44 billion deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday.
Elon Musk is becoming something of a modern-day folk hero, what between flying rockets into space better than NASA, and launching cyber satellites more effectively than the Pentagon, to now buying Twitter because he wants “free speech ” for the world, you might be tempted to think he’s the best thing since sliced bread. As the old infomercials from the 1970’s used to say, “but wait…there’s more !”
“And the devil, taking him up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time. And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.” Luke 4:5-7 (KJB)
How much more? Just remember that Elon Musk is also the same guy who wants to put a microchip into everyone’s brain with his company Neuralink. Everything that Elon Musk is touching right now is turning to rock, solid gold, but ask yourself this question. Since Musk is, by his own admission, not a born again Christian, who might it be that is blessing him with this astonishing level of wealth, power and influence ?
My guess would be it’s the one to whom the kingdoms of this world have been given. Now get ready for your Neuralink microchip brain implant, don’t worry, you’ll love it.
No, not me, you. I choose Jesus.
The World’s Top Billionaires Are Racing To Be First To Market With Brain Computer Interface Microchips Bringing Us Closer To Mark Of The Beast
Twitter accepts Elon Musk’s buyout deal
FROM CNBC: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a statement included in the press release announcing the $44 billion deal. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
THE CASH DEAL AT $54.20 PER SHARE IS VALUED AT AROUND $44 BILLION, ACCORDING TO THE PRESS RELEASE. TWITTER WILL BECOME A PRIVATE COMPANY ONCE THE DEAL IS COMPLETE.
The announcement ends a weeks-long saga Musk kicked off when he disclosed a large stake in the company. Soon after, the company said he would join the board, only for Musk to reverse course on that plan several days later. Then, he offered to buy the company at $54.20 per share, his “best and final.” That offer valued Twitter at about $43 billion.
Assuming the deal closes and Musk takes ownership of Twitter, the company will be controlled by the world’s richest person and someone who’s been a heavy critic of the platform while using it in legally contentious ways, mostly through sensitive posts about his car manufacturer, Tesla.
Though Musk has indicated that his primary interest in Twitter has to do with what he views as the company’s censorship of free speech, Musk critics are concerned that the billionaire’s control over the platform will result in the silencing of their voices and others with whom he may disagree, given that he’s often blocked critics from his personal account.
Twitter’s board sought to fend off a hostile takeover by adopting a so-called poison pill, or shareholder rights agreement, that would allow other shareholders to buy the stock at a discount should Musk or another person or group acquire more than 15% of outstanding common stock. The plan would dilute that person’s holdings in a strategy commonly employed to prevent unwanted acquisitions.
The board seemed to have two reasons to consider rejecting the deal. The first was that the offer, while priced well above Twitter’s current share price, was arguably too low given it had recently surged above that price tag.
The second was that it was initially unclear how Musk would fund the deal. Despite his being the world’s richest person, much of his wealth is tied up in Tesla stock, meaning he would likely have to borrow against his holdings to fund the deal.
But the offer became more concrete once Musk announced in a Securities and Exchange Commission filing that he received commitments for $46.5 billion to help finance the potential deal. That included about $25.5 billion in debt financing from Morgan Stanley Senior Funding and other firms. He said he committed about $21 billion in equity financing.
Musk said in the same filing he was exploring a tender offer to purchase shares of Twitter directly from shareholders.
Musk’s interest in Twitter comes from his own frequent use of the platform. The Tesla and SpaceX CEO often uses his large platform to share jokes, engage with his 83.6 million followers and make business announcements.
The latter has gotten him in some trouble. He came under SEC investigation after tweeting in 2018 that he had secured funding at $420 per share to take Tesla private. The agency charged Musk with securities fraud as a result of those tweets. Musk and Tesla reached a revised settlement agreement over those charges in 2019, which Musk is now attempting to terminate.
Musk said at the TED2022 conference in Vancouver earlier this month that he did in fact have funding secured at the time of that tweet, adding that he was “forced to concede to the SEC unlawfully” in the settlement. The SEC declined to comment on Musk’s remarks at the time.
Shortly after the conference, a court filing from a class-action lawsuit by shareholders against Musk revealed that the judge presiding over that case concluded Musk knowingly made false statements about the funding at the time of the tweet.
Also at the TED2022 conference, Musk shared how he would like to see the platform change under his ownership.
“I think it’s very important for there to be an inclusive arena for free speech,” he said at the time, acknowledging that some content moderation would be needed to deal with explicit calls to violence and ensure the service complied with the laws in the country in which it operates.
He also said he generally would prefer “time-outs” to permanent bans, which could suggest a path for former President Donald Trump to rejoin the platform under Musk’s control. Twitter banned Trump from the platform following his tweets around the Jan. 6 insurrection at the U.S. Capitol, citing “the risk of further incitement of violence.”
Some Republican lawmakers have expressed excitement at the prospect of Musk owning the company after complaining for years of what they say is censorship of conservative voices by mainstream tech companies. Twitter and others have said they do not censor speech based on ideology, but instead enforce their stated community guidelines.
On Friday, House Judiciary Committee Republicans asked Twitter board members to preserve records related to Musk’s bid, setting the stage for a potential congressional probe and subpoenas should the party win back control of the chamber after this year’s midterm elections.
https://www.nowtheendbegins.com/elon-musk-buys-twitter-but-first-neuralink-microchip-brain-implants-for-everyone/
Source: https://www.nowtheendbegins.com
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