What was this magical era of free speech that people keep referring to?
Public and media speech was always moderated. In the past it was simply harder to notice since there were fewer un-moderated channels.
Beyond the hardened strawmen of actual written law, we have a shifting sense of what is publicly acceptable. Given that most people do what everyone else around them is doing, or at least what they believe others are doing, there exists a powerful tool in that to control the public discourse. We've gone from "I disagree with what you say, but I will die to protect your ability to say it," to "I think someone will find this offensive, so I will also find this offensive, despite my not knowing anyone who'd actually be offended by it."
The laws are a harder target, so those who would wish to stifle inconvenient discourse likely would find it easier to convince a mostly pliable, trusting public to not say the things they don't want said. That there still are a small number of companies controlling what a majority of people consume might be convenient to this.
All conjecture, of course. More of the Paul Harvey "If I Were The Devil" kind of thing.
Can you help make sense of your comment, because it seems to be closer to a cult chant than a connected chain of thoughts.
However, if you admit this, then you must also admit that Twitch is fully within their rights.
Personally, I believe that the positive right to free speech (subject to exceptions, of course) is much more important, and not up to FAANG to decide.
At this point, there's a credible argument to be made that the Facebook empire is a sort of natural monopoly, like our public utilities. They need to be heavily regulated, split up into regional operators, and/or legislated out of existence.
You want the ability to communicate with everyone (tweeting is a message to the world) or if you aren't allowed to do that, for nobody to have that ability.
I'm talking about how you cannot effectively stay in touch with your neighbors and local community without using Facebook's platforms. People who you see every day, but who may not share all of your views; keeping up with those people is important if we want to heal our society's deep divides.
I've tried, but very few shared interest/volunteer/neighborhood groups will go out of their way to contact the one or two people who don't join their Facebook groups about scheduling or events.
It has nothing to do with racist or misogynist strawmen, but since you mention them, Facebook has done a lot to inflate those groups' ranks.