this post was submitted on 18 Oct 2023
431 points (93.2% liked)

World News

32020 readers
567 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] takeda@lemmy.world 41 points 10 months ago (4 children)

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.

[–] SlopppyEngineer@discuss.tchncs.de 11 points 10 months ago

He didn't plan on spending 44B. The plan was to manipulatie stock price with pretending to buy, but Twitter management saw that one coming and let him sign a document for 44B that the rich idiot didn't read.

So when the "I changed my mind" phase of his master plan started, Twitter pulled out the document and forced him to cough up the 44B. So yeah, now he pretends it was the plan all along.

[–] johnthedoe@lemmy.ml 7 points 10 months ago (1 children)

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

[–] alquicksilver@lemmy.world 7 points 10 months ago* (last edited 10 months ago)

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.

[–] saigot@lemmy.ca 2 points 10 months ago

I mean if the goal was indeed so ridiculous as shutting Twitter down, it would be easy as shutting it down.

But that wouldn't work. If the community was snuffed out in a day then it would move to some clone pretty easily. It dying slowly means the community is divided and diluted many ways.

[–] what_is_a_name@lemmy.world 1 points 10 months ago

EU is waking up to the danger to democracy that is unregulated social networks ruled by trolls and dysonformation. They would be glad for them to leave.