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Elon Musk is considering taking Twitter out of Europe amid EU compliance investigation
(www.businessinsider.com)
this post was submitted on 18 Oct 2023
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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!)
Sorry but that's dumb. You don't spend $44B to ruin it, when you can use it for own benefit.
EU doesn't like the changes he did and started investigation. Melon hopes that by threatening to withdraw they might stop, or be easy on him.
I mean if the goal was indeed so ridiculous as shutting Twitter down, it would be easy as shutting it down. He would save his image by just doing that instead of what he is doing right now.
His goal is to turn Twitter around and use it for affecting next elections, he is running into pesky EU and their regulations.
It’s trying to give him a little credit to justify messing up a purchase that large.
If the intention wasn’t to shut it down or disrupt then everything that’s happened is literally just Elon being a complete dunce. Which is definitely more likely, but scary to think someone can be that reckless with 44 billion dollars
Which is yet another reason to add to the list of reasons no one needs that much money. That $44b could have positively changed thousands of lives (at least). Instead, it just continued flushing things down the Xitter.