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No he used that line to bolster investment interest but he really wanted a platform which he controlled.
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To be fair he does keep walking into it. Promise stuff, deliver it either 5 years after he said he would or not at all.

The beating should continue until the situation improves.

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Zero. There are compliance and regulatory requirements that they have to meet for the license. An evil megacorp from hell I worked for had no problems in any of the left states other than their own lawyers being shit.
The left don't like the rich, the right don't like remittances, it's going to be hard everywhere. I heard some from a team who gave up on getting licensed.
The left don't like the rich, but the "left" who govern in the US are the rich, and are just as entrenched in the oligarchy as anyone else.
At this point, the political and non-political bits of musk are too swirled together to effectively determine what actions are due to political football or are due to his business practices, which I hope we can all agree on, are less then pristine.
Last year there were reports that they wanted to make a fully fledged dating app as well [0], but there's nothing to show for it so far.

They did launch a TV app, although I haven't found much discussion about what kind of content you can even access on it. The biggest creator on the platform of which I'm aware is Tucker Carlson, but I'm not sure if they have any other big names regularly posting content. Maybe their long-term plans will include funding the creation of new media.

Overall, Elon has made a lot of claims around increasing transparency but I haven't seen that play out on his platform. He did an initial recommendation algorithm release and never updated it again. It's still possible for your account to get suppressed, shadow banned, or for it to receive limited reach without having this communicated to the account owner or other users. He made a few big platform decisions like reinstating Trump's account using public votes, but then dropped that decision-making approach entirely. Maybe he just wanted to avoid accountability for being the one to reinstate Trump at the time? They're also not allowing third-party independent studies to be run on the platform to analyze what kind of content is being posted and amplified. They've also continued the legacy of censoring certain kinds of content: one example I saw a few months back was that you wouldn't find any results when you searched the name of a shooter. I'm not even opposed to having this kind of filtering take place, as long as it's communicated in some kind of transparency report. But right now despite it being a so-called free speech platform, it continues to operate very opaquely and without any kind of good faith accountability.

[0] https://archive.is/DukKY

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"Even a dead cat will bounce, if dropped from a great enough height." Twitter was VERY popular when it was purchased, so of course it wasn't going to suddenly collapse. Reasonable people claimed that it would bleed users and be unable to get them back, or find new ones to replace them and would therefore eventually collapse. Twitter is still very much on track to prove such people right, and I don't think they care much about how hard a straw man is beaten up instead of them.
Some of the initial predictions were indeed way exaggerated. But a fact is that their ad revenue has dropped a lot and they are trying very hard to get customers. I hear that a lot of ads come from obscure brands rather the big companies you see every day (I don't use it so I can't verify that first hand). Yes it is still running to this day, which is different from many people's expectations, but it is definitely not the company or the platform it was a few years ago, and it is unclear how long this could go.
> ...according to some very deranged doomsayers including; The Verge...lousy predictions that were made by them.

Can you share the link to the article(s) where The Verge made that lousy prediction(s)?

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Between how fast X has been losing money, and its reluctance to pay amounts owed to its [attorneys|employees|landlords|etc.] - I'd be concerned about X actually allowing customers to withdraw the funds they'd deposited.
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