X is likely losing money in the EU at this point, and complying with the rules would also cost them money and/or reputation. Maybe they should consider pulling out.
I leapfrogged this by pulling myself out from Twitter instead a while ago, and I can only recommend. And I don't mean this in the "in favor of Bluesky/Mastadon" sense.
There are some types of content that I did lose access to this way, but in retrospect it was worth it. I found that the cost-benefit for it is just not there, not for me at least.
I’m assuming they’re only losing money in the hard sense, not in the “soft” sense considering the unimaginable wealth that comes from manipulating millions of people.
> and complying with the rules would also cost them money and/or reputation. Maybe they should consider pulling out.
Like when they "pulled out" of Brazil? When Musk said they were fighting for freedom, democracy, and the rule of law? Then X got blocked in Brazil, and they silently complied with everything that was against "freedom, democracy, and the rule of law" and stopped talking about it.
A "cooperative" president who could be manipulated by everyone, which is why he promoted Tesla cars in front of the White House but also reduced support for them, reduced fleet MPG requirements, thinks clinate change and renewables are scams, etc.
And then Musk had his falling out when he left DOGE.
Why would they pull out? They can simply not pay the fine. Then the EU could either back down or be the bad guy that blocks X.com and seizes their operations in Europe.
Trillionaires don't buy mass media companies to make money, they do it to push propaganda.
This one in particular is both personally desperate for approval of his petty, narcissistic bullshit, and for trying to consolidate political power by amplifying and supporting authoritarian candidates (that are expected to quid-pro-quo him back).