Especially for Investigative journalism and war coverage.
Did Twitter break the story on George Santos? Fuck no.
Some might say "legacy news writes about posts with lag time". Isn't it a shock that with the kind of reach and trust that a news outlet has that they'd want to attempt verification first rather than repeat potential BS by bots? News outlets aggregate sources and attempt to broadcast an article or story.
Elon Musk replied to a Tweet that asserted 'Hooters is shutting down and rebranding because of Millennials'. News outlets like Associated Press had to go verify it with the Hooters and post a fact check article to counter the fake Twitter post.
No, Twitter isn't a news outlet and it isn't a townsquare. It's only text based radio with a mediocre commenting station. It can give you a megaphone if the right people see and promote your tweet, which partly refutes the idea that it's a townsquare and is just internet radio.
Investigative journalism is one of the cornerstones of news outlets because it is time consuming and typically results in multiple stories over multiple days, weeks or years. Twitter is too short term for this and filled with morons and bots trying to muddy the waters on purpose.
War coverage is more than just a couple of tweets. Each tweet related to what's happening on the ground is part of the story, but doesn't form the whole story. Remember the fake tweets in regard to Ukraine's Ghost of Kyiv (Ace fighter) that claimed there was a lot of shoot downs of Russian aircraft by one guy. It certainly reminded me of Ace Combat's Ghosts of Razgriz (Ace fighter Squadron), Ace Combat's a great series. The Kyiv Ghost was believed by many on Twitter in regards to the war coverage. Guess who didn't post anything in regard to it? Associated Press and many others because it could not be verified with the militaries involved.
So give me a break on the idea that Social Media can be a replacement for News Outlets. It's a total shit show and it's entertainment sources. They can be used as sources for a News Outlet post as part of a story and clearly that will take time. Just like your neighborhood bar, you wouldn't claim a bar is a replacement for local news just because what you heard there appeared on the channel 5 news.
Legacy news? No, that's just your bias and outright ignorance showing. Fuck off.