I don't think #twitter really cares if they lose advertisers or if they have to pull out of EU. They don't care about being a global platform, and money is just a possible side benefit.

What they do want is to control the political discourse in their home country.

The same is likely happening with #Reddit ; expect similar changes to other platforms. Same about stopping non-US platforms ( #tiktok ).

The long-term goal is to deplatform anyone not on the political far right. And it's working.

@jannem I am on your watch
@dana @jannem To the extent that they are successful, a platform that aims to become a right wing echo chamber will likely ultimately succumb to grift, incompetence and legal jeopardy, like truth social. FOX is better funded but even that is in trouble. I don’t see having a expendable sandbox where the loonies can scream into the wind and feel important as necessarily a bad thing. It’s permanent employment for the FBI, at least.
@iollmann @jannem There is something pathological about building an audience predicated upon a hostile minority dedicated to toppling democracy… the disconnect between tv producers and the preservation of our nation abandoned for ratings bump is simply unacceptable
@dana @jannem
Whatchagonnado? 🤷‍♂️
@jannem @jgsjames It’s catch and kill. Just like the oil, gas, and auto industries did to keep public transportation from being built into California infrastructure
@jannem They'll have to pry Mastodon from my cold, dead fingers.

He now has an endless supply of Saudi oil money. He couldn’t care less.

Saudi Arabia’s Kingdom Holding Company (KHC), along with the private office of Prince Alwaleed bin Talal, will continue their ownership of Twitter shares valued at $1.89bn after Elon Musk’s takeover of the social media company, making them jointly the second largest investors, according to a statement released by the Saudi prince.

https://www.aljazeera.com/news/2022/10/28/saudis-kingdom-holding-company-to-maintain-twitter-stake

Saudis ‘second largest investors’ in Twitter after Musk takeover

KHC and the private office of Prince Alwaleed bin Talal are jointly the second largest investors after Elon Musk.

Al Jazeera
@jannem and still we are here in mastodonia to defend!
@jannem This opinion, which I share based on actual actions, cannot be repeated enough.
@jannem Mega-wealthy media owners have gone beyond the capitalistic competition for increased revenue and are now concerned with increasing their power and control over governments. This is a transition from capitalism to oligarchy.

@jannem

Twitter is no longer "they/them". It is strictly "he/him".

@jannem my working theory is #PonyBoy took untraceable cash/assets to simply end Twitter‘s global public square from the Saudis, North Koreans, China, & Russia. Seems evident #CorporateWelfareQueen #PhonyStark is a beyond toxic racist employer turned large scale wage thief & tax cheat. The #AstroTERF has zero social skills & mistakes money for charisma.

@jannem @KenWalkerQB

This is why Karl Popper and the Pardox of Tolerance.

https://en.wikipedia.org/wiki/Paradox_of_tolerance

Paradox of tolerance - Wikipedia