davel@lemmy.ml to Technology@lemmy.mlEnglish · 17 hours agoMeta shuts down Metaverse after $80 billion loss, ends Horizon Worlds eratechstartups.comexternal-linkmessage-square35fedilinkarrow-up1201cross-posted to: technology@piefed.social
arrow-up1201external-linkMeta shuts down Metaverse after $80 billion loss, ends Horizon Worlds eratechstartups.comdavel@lemmy.ml to Technology@lemmy.mlEnglish · 17 hours agomessage-square35fedilinkcross-posted to: technology@piefed.social
minus-squareMongostein@lemmy.calinkfedilinkarrow-up43·16 hours agoThey lose $80B and are still in business? That’s insane.
minus-squareI_am_10_squirrels@beehaw.orglinkfedilinkarrow-up1·2 hours agoIirc zuck bankrolled most of it himself
minus-squareBotzo@lemmy.worldlinkfedilinkarrow-up25·15 hours 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.
They lose $80B and are still in business? That’s insane.
Iirc zuck bankrolled most of it himself
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.