Facebook and Meta: how it started; how it's going.

[mahatmakanejeeves]

David Weigel Retweeted

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Link to tweet

[cos dem]

1. With only $40B laying around, how do you expect to pay salaries?

[Auggie]

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]

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]

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.