Elon Musk is closing in on seizing Twitter as talks between the Tesla magnate and the tech giant entered their final stages, reports say. The billionaire could take over the company as soon as this morning as the board reportedly looked set to accept his offer of $54.20 per share. The tycoon's representatives were said to be hammering out terms including a timeline and fees if an agreement was signed and then fell apart. The two sides were reportedly working into the early morning to finalize the 'fluid and fast-moving' negotiations. Twitter shares soared by four per cent as the markets opened to $50.84 a share amid reports it would be seized by Musk. It comes a fortnight after the entrepreneur first sought to woo shareholders with his $54.20-per-share bid.
It's no secret that I loathe smart technology. I cannot for the life of me fathom why anyone would voluntarily purchase something that monitors everything they do and reports it back to some central location. As the saying goes, "There is no Cloud. There's just someone else's computer." It's one of the many reasons my husband and I never owned smartphones and never will.
So when I saw this headline, I must admit I gave a little fist-pump and a cry of "Yes!!" According to ZeroHedge, "Dumb phone sales are soaring as people revolt against 'overwhelming' smartphones." Isn't that the best news you've heard all day?
The article focuses on the inexpensive nature of dumb phones as well as the nostalgia factor, but who cares? In my opinion, the more people who dump the invasive "eye of Sauron in your pocket," the better.