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What if Musk pulls Twitter out of the EU? What fraction of their revenue is that, I wonder?
Normally this would be too crazy to even consider, but... this is Musk we're talking about. I'm sure he hates the EU government's guts already. And that totally sounds like an impulse decision he would make.
Win win?
Hmm..EU citizens would be winning, but who else?
Musk could keep doing whatever it is he's doing right now.
He could not though - losing the EU would be a win for him how?
Musk could keep doing whatever it is he's doing right now.
I think his main motivation for continuing to run the company is to spread his agenda. If it only costs him a small percent of revenue to keep pushing Nazi taking points, thenbi think he'll just pay the fines.
hehe, double the fines every day of noncompliance. I heard you like fines, so I added some fines on your fines and some fines on top of those to go with your fines. Don't fuck with EU regulators.
Even without doubling, fines on a regular basis can hurt. Norway imposed $100k fine on FB on a daily basis, and FB is scrambling to do something about it, especially before other countries in the EU follow suit
100k isn't that much. However, if the EU decides to go for the total 6% of global revenue it will cost Musk a shitload of money.
100k is a lot when you consider how small Norway's population is. If you extend that same ratio per capita to the rest of the EU, FB would go broke.
OK, you got a point there.
@cows_are_underrated @world Does X have a high turnover of anything (except staff)?
You raise an interesting point, but Norway isn't in the EU, is it?
For many intents and purposes, Norway uses the same laws and regulations the EU does. In this particular case, it's just about setting an example
As someone who works in the field, DSA-like regulation is coming to many countries over the next couple years. We also have regulations on political ads that are similar to DSA already in many countries already. Mega platforms like X have little choice but to get compliant
We can only hope he does. More people move over to mastodon with large companies running their own instances in the ecosystem.
This would allow for a federated broadcast system similar to how Twitter is now used, but if mastodon gets critical mass and governments start using it like they do Vichy Twitter it would be great news.
If that leads to some extra government grants for the further development of mastodon and the fediverse... Possibly even under the guise of standing up to big american tech.. we all win.
But if he does, he signed the Death warrant of his own platform. A lot of governments and mega corps are there because of users. Governments will all need to replace it immediately if they find out their main broadcasting platform could be turned off tomorrow.
You'd be hard-pressed to find a government institution in the EU above the municipal level which doesn't have a mastodon server or account on some government server.
I also read the term and though.. this fits.
Twitter served a purpose as it allowed yelling into a crowd and people interested could tune into your yelling. Especially for official announcements it was great. I see that there is a need for a broadcast method for companies and even more for governments. Mastodon seems to fit better. It allows them to run their own server and keep it closed so no need to moderate users but still able to have reach.
A lot of companies that loudly "pulled out of Russia" are still working in Russia.
Twitter's business is advertising. If they shun the EU, EU companies just aren't allowed to buy ads without getting in hot water themselves.
He always complies with everything e.g. Turkey and many authoritarian governments want without a peep. The EU (and an even more shocking example: Brazil) are the only chumps who let him troll with impunity. Time to change that.