Well there is that saying that goes like this: Rules for thee, not for me!It’s just not fun when someone else gets away with it. But it’s fine when you do.
Suckerberg.
Well there is that saying that goes like this: Rules for thee, not for me!It’s just not fun when someone else gets away with it. But it’s fine when you do.
Suckerberg.
Lol he said not until you provide your friends name.Where's the other 50% going? Asking for a friend. ?
Buying Instagram was genius and that's why they are still big.Is there anyone, anywhere that has any great love for Facebook anymore? Everyone I know is over it. If they have a FB account, it's sort of that thing they check once in a while but don't really think much about.
It’s like being here wasting time commenting on a corporation except in 3D with an anime avatar. Doesn’t seem that different a way to waste time.People use the "metaverse"? Who can possibly be that bored?
You are more likely to see the stock price take a huge hit as investors lose confidence. Then, at some point the board will either double down to stay the course right into the grave or Zuckerberg himself would offer to step down to recover some of the stock price. A decline in stock price is probably the only thing that will limit Facebook's ability to keep doing business as usual as it impacts their ability to retain employees and acquire companies and technology.It’s not that easy. There would need to be a majority vote from the panel board, which after all the faults Facebook has had over the years, seemingly has never even been close to putting him out of commission.
Buying Instagram was genius and that's why they are still big.
This is a very broad reading of market. Traditional monopoly is if Meta is so much more powerful than all other virtual platforms AND they engage in anti-competitive behavior against them and consumers.Is not the amount of cut alone which makes it an anti-trust issue: it's whether whoever demands the cut has enough market power in that particular segment to arise anti-trust concerns.
If Meta market power in the "metaverse" will be strong enough, they will likely get in trouble. If it's not they will not, but likely this also means that competition would force them to reduce the cut.
Said that, it makes little sense to discuss fictional anti-trust concerns in a market which does not exist yet which will deal with non-existing properties in non-existing realities.
The only real thing in the whole deal is the money users are expected to pay, which is a pretty tell-tale sign of the integrity of the whole concept.
Well 30% was simply "following the trend", I guess 47.5% is breaking it, just not how the regulators envisioned ????If 30% is monopolistic and harmful, as they said, what would you call the term for a 47.5% cut?
GreedIf 30% is monopolistic and harmful, as they said, what would you call the term for a 47.5% cut?
Well good luck to Meta, it seems they're actually aiming to sink the company and they're doing super well with that objective so far.
When I saw the headline for this article I thought “who in their right mind is going to buy something virtual to be used in a virtual world?!” then you reminded me of Second Life, and I suddenly remembered that there were people buying “land” on it and selling it to other users so that they could build “houses” or “businesses“, at one point there were “experts” selling ebooks to “new entrepreneurs“ (a.k.a. fools) with strategies on how to become rich on Second Life (spoiler alert: write an ebook and sell it for 25/50€ to enough fools).Who knew Zuck was such a large Second Life fan