Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by FormerBandmate on Thursday April 14, 2022 @08:25PM
(#31035248)
TikTok is the biggest app in the world, and in a lot of ways it was initially just the Chinese clone of Vine. Truly mind-blowing how they squandered that opportunity, they could be many multiples higher than 54.20
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by boppo1 on Thursday April 14, 2022 @01:48PM
(#31030501)
Wait, you're saying FB was allowed to buy Insta because regulators assumed they'd fumble the ball? That they wanted Insta to die off?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by mikepurvis on Thursday April 14, 2022 @03:03PM
(#31031727)
I think more just that there was precedent for that type/scale of acquisition.
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by majormajor on Thursday April 14, 2022 @03:52PM
(#31032413)
But Facebook bought Instagram before Vine was a thing, the causality is backward if you're interested in why FB/Insta was approved!
100% this. People are always confused why Facebook was allowed to buy Instagram, and this was, I think, a bit part of why.
Vine was completely destroyed by Twitter's incompetent management, and prevailing wisdom was that Facebook would do the same to Instagram. "Okay Facebook has filters now! Time to shut down Instagram!"