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    [OC] Behind Meta’s latest Billions
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    [OC] Behind Meta’s latest Billions

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    18 Comments

    2. Nightshade238 on

      Every time I see one of these, I can’t help but see how SMALL the Tax is for each and every single one of these Big Tech companies.

    3. Ehtor on

      That shows exactly how trickle down doesn’t work. Corporations that size making profits bigger than their R&D budget but firing good chunks of their workforce to maximize shareholder value.

    4. maxmbed on

      I quit FB and WhatsApp a while ago since I did not liked their apps and user policies at time.

      Especially WhatsApp, the user id is your damn phone number, one of the most personal thing to not share with scums bags people really.

      Seeing this data today, I feel glad to be out of this erroneous business.

    5. Previous-Plankton-66 on

      Something seems odd, net profit is taxed, where is that part of it, also which country is it declared

    6. water-754 on

      What do these companies do with all that profit over the years? Does the money just sit in a bank account somewhere?

    7. psycuhlogist on

      We need to tax these companies more. They are acting as huge aggregators of money while they arguably destabilize our society even more.

    8. foomachoo on

      Wow. Big profits. Must be time to fire 4,000 employees who created this wealth for the billionaire boss and shareholders.

    9. honkeem on

      What really irks me is that there isn’t any way to use social media *solely* to be social, and because the modern world kind of “forces” you to use social media to keep up with people in a conventional way. Considering the sheer amount of money Meta makes through advertising, it’s obviously not like they’d willingly give their users an option to opt out of the explore page, for example, but man completely opting out of social media leaves you, especially as a younger person, out of the loop.

      But hey, money is cool!

    16. 1888okface on

      The real question (for me) is “why can’t a firm replicate this product at a lower price point and be successful?”