Good god I figured it must have been wrong as it’s such a large amount of money. I wonder how much of that they borrowed and how much they paid in cash. They might be paying astronomical interest payments on all of that.

Just goes to show how we have all the wrong people in charge in the west, at every level from government to business from the ceo on down to middle managers. Zuck is case and point. Well, as someone else posted, this article about their failure has legs. Unlike his stupid metaverse, that no one seemed even slightly interested in from the start.

Facebook itself sucks now. It is not a feed of your contacts’ posts, it’s all groups, I have no control over that feed, unless I look up each friend individually I only get to see what they choose to show me, which is maybe one every 10 listings on the feed. It’s super glitchy, especially from my phone, posts just disappear with no trace, I am unable to use it in a dozen ways that they never bothered to fix. It’s getting worse as well. Total garbage.

And they are losing critical mass, as they suck more people leave, it’s mostly the older people that are still using it all the time that I’ve seen. We need a fediverse alternative, hopefully where it can interact with other forums on the fediverse like lemmy and mastadon.

The only reason I log in now is marketplace. Which I need.

That is one of the ways they avoid taxes. They take out loans to pay old loans and to spend on the value of their investments at good rates, and since they never realize income they never pay taxes. I think interest is even tax deductible to a degree.

Bezos in 2020, a year his wealth multiplied obscenely, paid 600 dollars. Less than we did.

As per a couple of propublica articles they published around 2021.

100 billion must be in lost market capitalization, not real money, just like tesla is theoretically worth a trillion dollars, no one could recognize that money.

This is why many of them hate trans and or gays, they are attracted then realize it. Maybe still are attracted after knowing.

Clearly their influencers are using them as a scapegoat of sorts. Otherizing them in bad faith anyway idk what you could call that not scagegoating perhaps.

Idk, but now that you mention iy, I got a 2nd violation, for threatening violence that did not do so or even come close, to the point I think it was ad hoc in bad faith, to say for other reasons. I did mention lemmy not long before.

But two corporate entities competing are better than one secure in it’s market share. Anyone with any sense would reject both for a fediverse option if it could be made to work well enough obviously but still.

Fuck all of these silicon valley parasites.

Even before they maximize revenue and as a result enshitify the site, the government and monied interests will have or be able to get their hooks in them, to influence moderation, visibility, allowing influence ops now going nuclear with government connected ones utilizing the cutting edge chat bots, along with agents and bots. Some half of all interactions are fake as such now they think.

We need to make federated social media a thing. Like this, but better instances making it more usable to get tje critical mass of users.

It would not be fair to prevent ai from violating every single copyright on the earth? That is a novel take.

Especially as most do not use ai but companies are trying to force them to, to ultimately replace half the workforce and send the economy into a doom spiral.

Others said not all work well though.

Wrapping in aluminum foil works. Thicker is better, more wraps is better. But one wrap stopped my test call.