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Re: by threeseed on Sunday February 09, 2025 @03:07PM (#42993385)
> service is still ran like usual

a) Trust and Safety teams were disbanded which led to the EU now investigating the company for breaching DSA Risk Management provisions. If X is banned from EU this decision will be a major part.

b) Content Moderators were fired which has led to an increase in the amount of bots, spam etc which has directly attributed to a major loss in revenue as advertisers require a trusted platform.

c) Fidelity, an X investor, has valued the company at 20% of when it purchased. That is indicative of widespread wealth destruction.

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