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Threads is making moves for Mastodon integration
(www.threads.net)
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This is just a guess, but I think that the likelihood of Twitter federating is almost to zero, unless forced by legislations to do so. It simply doesn't benefit from that, since every group and individual leaving Twitter might as well defederate it, and odds are that the upper echelon there knows it.
Instead I think that Twitter will try to associate the Fediverse with terrorists and what have you, to indirectly smear shit into its competitor Faecesbook/Threats.
That, and Musk's ego won't allow it.
Tides change. I think federating tomorrow is definitely off the table. Heck, even next year. But if the Fediverse balloons more and more, they may have reason to.