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Topic: Musk pays $1.5 million for not disclosing his stake in Twitter.
Anonymous A started this discussion 3 weeks ago#134,714
You have to disclose when you buy 5% or more of a company and he bought 9%. Then it didn’t come out for 10 days, costing shareholders any gains. SEC touts it as a record fine when an oligarch behaves in bad faith.
Anonymous B double-posted this 3 weeks ago, 2 minutes later, 1 hour after the original post[^][v]#1,433,534
I also don’t why this is news though. This is like if the police came to my house and told me I owe them one sniff of a penny and they get to take the molecules that came off the penny when they breathed in back with them.
Anonymous C joined in and replied with this 3 weeks ago, 3 minutes later, 1 hour after the original post[^][v]#1,433,535
When you make a thousand dollars a second, you only need to wait a thousand seconds to make a million dollars. But he’s probably still mad about this anyway because of his personality issues.
> If he’s a genius engineer you’d think he’d just write his own app instead of buying twitter for billions but what do I know. > > I mean even trump was smart enough to hire some people to make his own app.
Trump's app was copied off of Mastodon. They had to post the source code, a bit of drama to excite the Linux users.
> > If he’s a genius engineer you’d think he’d just write his own app instead of buying twitter for billions but what do I know. > > > > I mean even trump was smart enough to hire some people to make his own app. > > Trump's app was copied off of Mastodon. They had to post the source code, a bit of drama to excite the Linux users.