CHATTER AWAY: Overnight Open Thread

Deadline reports:

The world’s richest man has the funds to buy Twitter. But if he can’t clinch a deal for some reason, he told a TED Talk Thursday, he’ll bring along as many shareholders as he can to reform the social media giant that’s become America’s “public square.”

“I could technically afford it. But this [deal] is not a way to make money. Having a public platform that is trusted and broadly inclusive is extremely important to the future of civilization. I don’t care about the economics at all.”

“I am not sure I will actually be able to acquire it,” he added during a Q&A, without elaborating. Twitter’s board is said to be mulling a poison pill, or shareholder rights plan, a defensive measure that makes hostile takeovers more difficult.

Read the full article.

Elon Musk Says He’s ‘Not Sure’ He’ll Be Able to Buy Twitter After Making $43 Billion Bid https://t.co/HFaykM7XOr

— NBC4 Washington (@nbcwashington) April 14, 2022