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Facebook and Meta: how it started; how it's going. (Original Post)
mahatmakanejeeves
Feb 2023
OP
cos dem
(903 posts)1. With only $40B laying around, how do you expect to pay salaries?
Auggie
(31,173 posts)2. Users are moving from FB and Instagram to other platforms because of the ads
There are too many of them. Saw this the other day
brush
(53,787 posts)3. Fires 13% of workers but spends 40 billion on self.
Hmmmm? But Meta (what a meaningless name) sees nothing wrong with that juxtaposition.
2naSalit
(86,646 posts)4. Any questions?
The uber wealthy are removing their money from the world economy and stashing it away.
Once it gets sucked up enough, it would be a good time to adopt alternative currencies and make their money toxic and worthless.