davel [he/him]@lemmy.ml to Technology@lemmy.mlEnglish · 2 days agoMeta shuts down Metaverse after $80 billion loss, ends Horizon Worlds eratechstartups.comexternal-linkmessage-square57fedilinkarrow-up1300arrow-down16
arrow-up1294arrow-down1external-linkMeta shuts down Metaverse after $80 billion loss, ends Horizon Worlds eratechstartups.comdavel [he/him]@lemmy.ml to Technology@lemmy.mlEnglish · 2 days agomessage-square57fedilink
minus-squareMongostein@lemmy.calinkfedilinkarrow-up62·2 days agoThey lose $80B and are still in business? That’s insane.
minus-squareTwilitSky@lemmy.worldlinkfedilinkarrow-up1·4 minutes agoAlso, there are still people dying of hunger.
minus-squareBotzo@lemmy.worldlinkfedilinkarrow-up29·2 days agoGotta pad that balance sheet with losses. Can’t be paying taxes if you can write off speculative ventures that just might pay off fund other misadventures.
minus-squareI_am_10_squirrels@beehaw.orglinkfedilinkarrow-up1·1 day agoIirc zuck bankrolled most of it himself
They lose $80B and are still in business? That’s insane.
Also, there are still people dying of hunger.
Gotta pad that balance sheet with losses. Can’t be paying taxes if you can write off speculative ventures that just might
pay offfund other misadventures.Iirc zuck bankrolled most of it himself