A large corporate shopping mall settles in a nice neighborhood with small local run shops and community centers. The new shopping mall says ‘if we settle here, more people will come, and you all will benefit’. A few years later all small shops are bankrupt and the community is destroyed. What remains is a barren corporate landscape.
I guess so that they can get their dirty hands on teh fediverse data “legally” and, I assume, have their own shiny app that pumps ads down your throat. There’s a post somewhere regarding the permissions that threads asks for - pretty much everything you do on your phone will get sucked up by meta.
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From what I’ve read, their apps are not coming to the EU (yet?), which to me sounds like they don’t want to comply with the privacy laws. It could be totally different, but this is my gut reaction given Meta’s reputation.
I’ve heard it’s because of monopoly worries but it could be either really