nuff said

  • RidcullyTheBrown@lemmy.world
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    1 year ago

    We were talking about growing the userbase. Growth of the business is something different. Of course any company is interested in growth. However, I don’t think usercount growth is the metric Facebook is looking at currently.

    Look at Amazon. The cloud division is now more profitable than the Amazon website. Facebook is looking to use those large profits to branch out in different directions. Some like the metaverse won’t work. Just like Amazon’s echo didn’t become profitable. But others eventually will.

    • gapbetweenus@feddit.de
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      1 year ago

      If your business relies on the size of your userbase than those things are quite related. Again, not a coincidence that while facebook is stagnating meta is desperately trying to force vr.