It has an owner who can do with it whatever he wants. When you participate in that, you give value to another's property. Matodon, lemmy and the rest of the fediverse are collective, they do not have a single owner, giving value to the platform only gives value to its users.
I don't know about the rest, but for me that is an insurmountable problem.
Anyone still looking for news on Twitter at this point is actively seeking to be misinformed.
Not specifically for this news, it's been obvious for a while now.