As soon as he directly assigns value to them, he turns the reclamation of accounts from an admin technicality to theft.
Can’t steal something you don’t own. And people should never forget you don’t own anything on these platforms.
I disagree that you don’t own it. Just because a business writes something into its terms and conditions, that doesn’t mean it is legitimate. The user behind the account has a stronger claim to the value of the account than the website - the user was the one who created the value, not the website. The website created the platform and then the marketplace, but the users are the ones who impart the value.
If the username is just a username and not being sold, then there isn’t really anything actionable, but because X are looking to sell it for significant value then it is actionable, and the user has the stronger claim.
This would be like a bank claiming all the money in your savings account because you haven’t made any deposits or withdrawals recently.
The user behind the account has a stronger claim to the value of the account than the website
Legally, they absolutely do not. Regardless of how shitty it is, a user has no rights whatsoever to anything on these platforms. Doesn’t matter if you’ve had an account on Twitter since day one, have a million followers, and because of that facilitated tons of ad revenue for the platform. Literally none of it belongs to you in any tangible or legal way.
These are chickens that people never believed would come home to roost. These social media companies have been around for so long and feel like such major players that people don’t think about things changing, and what that change means when they’ve built entire communities or businesses on these platforms. This is what happens when you build a life or career on a foundation you don’t control. The rug can be pulled out from under you at any time, and you have no recourse whatsoever.
You’re not even a tenant to these companies. You are not the customer. You’re the product they serve up.
This would be like a bank claiming all the money in your savings account because you haven’t made any deposits or withdrawals recently.
Many banks have features and services that require a minimum average daily balance and/or a certain number of transactions each month. Plenty of them have inactivity fees. And they’ll tell you that you signed papers agreeing to these things. Are those agreements valid? Doesn’t matter. Can you afford to sue a billion dollar banking and investment company to find out?
N.B.: I’m not endorsing these practices. Just describing the reality of them. Social media is a cancer. Capitalism is killing the planet. And all these problems lay therein.
This would be like a bank claiming all the money in your savings account because you haven’t made any deposits or withdrawals recently.
someone’s never seen an “inactive account” fee
Ownership of identifiers, that includes usernames, is regulated by Trademark laws.
If you keep using a moniker, like a username, to conduct trade under it, and/or have it registered as a trademark (which requires you to use it in trade or lose it), then you can legally claim it.
Otherwise, Twitter or any other platform, can do whatever they want with it.
50k for a username on a dieing platform.
Something something, fools and their money…
So he is going to pay the @X guy $50,000 now?
That guy already had more than enough compensation with that hoodie and the office tour they gave him.
So anyone who hasn’t logged in for 30 days is considered inactive and their account may be subject to being seized and sold? Fuck that shit.
Also why is this a shitty MSN version of an actual article?
Original article: https://www.forbes.com/sites/alexkonrad/2023/11/03/elon-musk-x-has-started-selling-off-old-twitter-handles/
Archive version: https://web.archive.org/web/20231104024223/https://www.forbes.com/sites/alexkonrad/2023/11/03/elon-musk-x-has-started-selling-off-old-twitter-handles/
Explanation from my point of view:
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at work I use Edge and it has the page with the clickbait at start. If I click, then the news is in the msn page with no direct link to the source (or hidden in a way that’s not immediate)
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Most times, at least in my country, the source is paywalled while the MSN version isn’t
I mean, I’ve certainly found myself reading an MSN article after the title caught my eye in a search, but if you’re sharing something you should take the time to review it and share a better link. In this case, the Forbes link does not appear to be paywalled, and archive.org should bypass that.
I’m happy people are sharing stuff to Lemmy, it’s been a little quiet.
I definitely value the Forbes article over the MSN but we might not be talking about it if we hadn’t seen this post. let’s not be too critical when people are participating positively.