FP has a longer piece on new competitors chasing to fill the space when they assume Twitter fails. It is behind a paywall but here follows some snippets, followed by a co-incidental piece at WSJ concerning #elonmusk preparations for his jury trial for Securities and Exchange Commission charges relating to Twitter stock manipulation, on Twitter.; thats a double whammy of stock manipulation.
https://foreignpolicy.com/2023/01/05/twitter-collapse-social-media-musk-koo-mastodon/
Indian Startup Koo sounds like a duplicated effort to replace Twitter with much of the built in in efficiencies which will hinder scale much as experienced by Twitter and Facebook: FP reports Twitter is filled with links to Mastodon and Post profiles, while Koo already has the backing of Indian government.
Koo … 200 employees… 50 employees focused on content moderation .. including Koo’s machine-learning tools to combat disinformation.
Reliance on Twitter by Freedom seekers: “Turkey .. Twitter remains as the most important platform for political debate,”
EU Engagement: Gerard de Graaf, Europe’s new senior digital envoy to Silicon Valley, singled out #Mastodon #socialmedia
Securities Fraud
And finally Musk is preparing for a Securities Fraud trial and is trying to have moved location to mitigate what he perceives as anti Musk jurors in San Francisco.
Elon Musk is seeking to have a coming securities-fraud trial involving his conduct running Tesla Inc. TSLA 2.47%increase; green up pointing triangle moved out of San Francisco, arguing that negative publicity surrounding his use and recent management of Twitter has biased local jurors against him.
…
The securities-fraud trial is scheduled to begin Jan. 17. The presiding judge agreed Saturday to hold a hearing on the motion to transfer the trial’s venue on Jan. 13.
And finally Musk is preparing for a Securities Fraud trial and is trying to have moved location to mitigate what he perceives as anti Musk jurors in San Francisco.
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
As Twitter Falls Apart, Rival Social Networks Wait in the Wings
Foreign Policy
https://SSelf.co/@chender/109650595437851133/embedhttps://SSelf.co/embed.js
Bankwatch 