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Nick @ The Linux Experiment

@pH3ra Meta is losing tons of profit since privacy laws were voted, and since Apple basically blocked tracking in iOS apps. They’re still making money, but their business has taken a big dive!

I think they have a critical size that allows them to make it work, but for how long?

3 comments
drzoidberg

@thelinuxEXP@mastodon.social @pH3ra@mastodon.uno Just wanted to point out that Apple also has a huge ads business their trying to push. Apple is often shown by many "a-list" journalists as a hero, but Apple also wants to make money

Nicolò Ferrari :cc:

@thelinuxEXP Seems legit. So do you think Meta opening yet another social network (Threads) is more like a gamble for more profit rather than a well thought financial move?

Nick @ The Linux Experiment

@pH3ra I don’t think they have a plan apart from « once people use it we’ll sell ads in there », since they collect enormous amounts of data from Threads!

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