As Twitter, renamed X, faces increased scrutiny in the EU and usage falls, Elon Musk has floated drastic action.

  • indigomirage@lemmy.ca
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    1 year ago

    It is increasingly likely that the point of purchasing Twitter was to destroy it.

    Edit - FWIW, I waffle back and forth on this one. I mean, the guy’s not a complete idiot. Though I don’t certainly think he’s the genius people often think he is. He’s needed had a fair amount of luck and self-serving coercion to get where he is. The Twitter stuff is just so blind to market reality that I wonder if there’s some self-sabotage in there?

    (Either way, I am genuinely enjoying the the follow-on comments here!)

    • Pons_Aelius@kbin.social
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      1 year ago

      Nah, he never wanted to buy it.

      It was a pump and dump and then the SEC forced him to actually buy it.

      He tried to back out but was forced to complete the sale.

      Now he has no idea what to do with it and is just digging himself deeper and deeper and deeper.

      • microphone900@lemmy.ml
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        1 year ago

        What was Elon Musk’s strategy for Twitter?

        Well, he is kinda following a random message he got from an unknown person:

        The three texts were sent on April 4, 2022. In the nearly 18 months since then, many of the decisions Musk made after he bought Twitter appear to have closely followed that road map, up to and including his ongoing attacks against the Anti-Defamation League, a nonprofit organization founded by Jewish Americans to counter discrimination.

        The text messages described a series of actions Musk should take after he gained full control of the social media platform: “Step 1: Blame the platform for its users; Step 2: Coordinated pressure campaign; Step 3: Exodus of the Bluechecks; Step 4: Deplatforming.”

        Seems he’s killing it to get cheers and adulation from the far right.

      • hoshikarakitaridia@sh.itjust.works
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        1 year ago

        porque no los dos?

        I think he found himself between a rock and a hard place having to buy Twitter, but now he is realizing he can’t make his money back and his attempts to alter the platform to his liking are failing miserably as well, he is probably dead set on killing it for good.

        • Pons_Aelius@kbin.social
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          1 year ago

          I’m not so sure.

          He owns it outright now.

          There are no other shareholders to answer to.

          If he wanted to close it down tomorrow, he could just turn off the servers and sack everyone.

          • orcrist@lemm.ee
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            1 year ago

            It is likely that some of his employees have contracts, and he might have to pay out the remainder of those contracts, depending on the details and national labor law.

            • hoshikarakitaridia@sh.itjust.works
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              1 year ago

              I also think as he doesn’t align politically with a lot of ppl on Twitter, he might wanna phase it out slowly, so there’s no sudden jump in other platforms trying to take over the role of Twitter.

              Ofc I have no evidence for that, but I could see him doing that.

  • Foni@lemm.ee
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    1 year ago

    A few years ago Facebook made the same threats and they are still there, screwing up. They are still empty threats and we all know that they will not do it

  • masquenox@lemmy.ml
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    1 year ago

    I don’t care what Phony Stark is “considering” - I only care whether he fucks off or not.

  • PowerCrazy@lemmy.ml
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    1 year ago

    So while we all rightfully hate Musk, what does “removing twitter from the EU” even look like? Does he just stop doing business with all European ad-agencies, get rid of the safety blanket that twitter installed to molify the German government, and basically through inaction allow European users who want to user twitter use it without materially supporting Musk through ads at all? That sounds like a win for european users who still want to use twitter.

    Does the EU step in and trip over their collective dicks trying to censor twitter from EU users? That doesn’t like something that anyone should desire, or support, it would also be ineffective. Does Twitter try to trip over their dicks trying to censor twitter from EU users? Given how well twitter is run, I look forward to most EU users who want to use twitter being able to do so almost trivially after just a few months. So basically Musk can’t make money from twitter in the EU, but who cares? It’s already losing astounding amounts of money. It’s not a sustainable business, and it never was going to be.

    So it sounds like even if this was going to happen (it won’t, he’ll just shut down all of twitter when he realizes he can’t pay for it anymore,) that it will improve the experience for everyone who still uses it, including those in the EU, and twitter will have even less oversight then it does today.

    • XTornado@lemmy.ml
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      1 year ago

      I expect a “This page is not available to European Users” page setup by X when entering and that’s it similar to some pages that didn’t want to to deal with GDPR did. Maybe since this is Elon Musk some rant or some crazy shit on it but that’s basically it.

      The thing with European ads agencies side not sure, the issue of X with Europe doesn’t have much to do with them or in any case European Users wouldn’t be effected by their ads anyway if the page is blocked and they might have ads for the USA I guess? So not sure if that would stop.

      Of course regarding access VPNs and similar would still work… But really at least in my case I don’t see myself using a VPN just to check Twitter… I will simply stop using it I barely use it already just as an RSS alternative to get some notifications.

      • PowerCrazy@lemmy.ml
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        1 year ago

        The issue is that in order to block a website on the internet from a subset of users, there is a huge amount of work that has to be done to make it effective. I can’t imagine twitter would bother with any of that, and why would they? It doesn’t cost them anything to just shut down their EU offices/operations, stop complying with all EU laws they have to comply with in order to do business there, and make twitter (even more) American-centric. EU users can still use it if they want, since at the end of the day it’s just a website on the internet.