827
Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
827 points (98.1% liked)
Technology
59635 readers
2856 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem is their ability to gobble up new companies that could threaten them and use any innovative patients they may hold to either enrich themselves or stifle competition or both.
That is the premise used to argue that one day a zombie company will emerge which will live forever. In millennia, it has never happened. I'm fairly confident it's unlikely. These companies eventually allow their culture and focus to settle into complacency. Buying other companies can't solve that. In fact, it hastens their demise, as they spend large sums of money on companies they're incapable of properly utilising.