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Showing Original Post only (View all)Trump will be back on Twitter shortly, thanks to Elon Musk [View all]
TECH
Elon Musk thumbs his nose at the SEC again with Twitter stake
PUBLISHED MON, APR 4 20222:32 PM EDTUPDATED MON, APR 4 20226:20 PM EDT
Alex Sherman
@SHERMAN4949
Lora Kolodny
@LORAKOLODN
The Securities Exchange Commission has another reason to come after Elon Musk. The worlds richest man disclosed Monday that hes acquired a 9.2% stake in Twitter, sending the social media company shares up more than 28% in afternoon trading.
The SEC mandates that anyone who acquires more than 5% of a companys common shares disclose their holdings within 10 calendar days. Musk signed his filing 21 days after March 14.
On March 25, the day after the 10-day period lapsed, Musk posted a poll on Twitter, with the following preamble: Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?
Link to tweet
?s=20&t=Gl1Z_137iwUeTiwm4Epl7g
Musks intentions with his large stake are unclear. In late January, conservative pundit Dinesh DSouza, who was convicted of campaign finance fraud in 2014, tagged Musk in a tweet telling him that he can dramatically change the political and cultural landscape by buying and taking over a major social media platform.
https://www.cnbc.com/2022/04/04/elon-musk-thumbs-his-nose-at-the-sec-again-with-twitter-stake.html
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Trump was inciting violence . He violated their rules and therefore got banned. They owe him nothing
JoanofArgh
Apr 2022
#3
So I read your piece about 3 minutes ago and I'm still laughing. Come on, really?
Biophilic
Apr 2022
#24
Hi Leftstreet. This is an honest question because I'm seriously trying to understand
Biophilic
Apr 2022
#33
He had received previous suspensions. He incited an insurrection. He incited violence.
hlthe2b
Apr 2022
#5
I have no evidence except his tweets that Twitter needs to adhere to free speech principles
JoanofArgh
Apr 2022
#18
I'd say that Facebook and Google are at least concerned. I've answered three indepth surveys
hlthe2b
Apr 2022
#17
No need -- Dump's own new piece-of-shit platform is plenty good enough for him
Blue Owl
Apr 2022
#23