10 () posted 2 years ago by pkvi 2 years ago by pkvi +12 / -2 8 comments share 8 comments share save hide report block hide replies
Meta spent $45 billion on stock buybacks last year at $330 a share. The stock is worth $100 today.
https://markets.businessinsider.com/news/stocks/meta-facebook-zuckerberg-stock-buybacks-share-repurchases-social-media-tech-2022-10
Nowhere.
Of course. The platform will continue to ban all truth until the day it is shut down entirely, at which point its hardware will be repurposed for a new site that also bans truth.
Exactly. They're going to keep doing what's causing it's demise. So long, as far as I'm concerned.
tik tok and the like. If FB pulls a phoenix, it won't be for 10+ years
They're unlikely to grow from Instagram though, I'd expect that to just help them stay afloat