Mastodon Usage Soaring as Twitter Rebranding Leads to User Exodus: CEO Eugen Rochko
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https://asumetech.com/mastodon-usage-soaring-as-twitter-rebranding-leads-to-user-exodus-ceo-eugen-rochko/
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This is a most excellent place for technology news and articles.
Pretty sure both of those were for financial reasons (easier reporting requirements etc). As in, both Google and Facebook the companies still exist, it's just that they are now owned (along with other companies such as Waymo and Instagram etc) by Alphabet and Meta respectively.