this post was submitted on 27 Jun 2023
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[–] TWeaK@lemm.ee 7 points 1 year ago

The Arab Spring is exactly one if the reasons Musk took over the site. That, and Peter Thiel's (Musk's old partner from PayPal) failed attempts at setting up a rival service.

They couldn't rope Twitter into line, they couldn't make a competing service, so instead they saddled Twitter with $13bn of debt so that it would die (or step into line if they felt like paying off the debt).

It's the same way Toys R Us went under.

Musk's antics over the last few months have been nothing but a distraction. The very purchase itself was a death sentence.