Meta, formerly Facebook, has a bee in its bonnet about AI and is spending as much money as it can. But it had another bee in its bonnet before this — the Metaverse! Virtual reality! Mark Zuckerberg…
  • NateNate60@lemmy.worldEnglish
    13·
    1 month ago

    In a rational world, that fiasco would have resulted in shareholders angrily blowing the e-mail inboxes and telephones of every member of the board of directors and Zuckerberg would have resigned in shame years ago.

    • YourNetworkIsHaunted@awful.systemsEnglish
      2·
      1 month ago

      Seriously. Instead he announced he was going to be throwing somewhat less money into that specific dumpster fire and the investors decided that was worth 4%.

    • veni_vedi_veni@lemmy.worldEnglish
      2·
      1 month ago

      Yea, don’t really have much sympathy for Meta investors, they continue to give money to a company where the founder has a 51% voting share.