Technology

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Rumors, happenings, and innovations in the technology sphere. If it's technological news, it probably belongs here.

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Seriously, what's up with big sites literally dying as we speak? (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?

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[–] [email protected] 32 points 1 year ago (2 children)

I HATE PUBLICLY OWNED COMPANIES I HATE PUBLICLY OWNED COMPANIES I HATE PUBLICLY OWNED COMPANIES

Hell, any such company is going to pursue infinite growth and always aim to squeeze as much money as possible from it's costumer base in the short term.

My guess is that because there is currently a big possibility of economic turmoil and these companies are appealing to investors, advertisers,etc. and trying to gain as much capital in order to look stable.

[–] [email protected] 15 points 1 year ago (1 children)

As soon as you go public, your stock is your main product. Sucks every time it happens.

[–] [email protected] 2 points 1 year ago

Couldn't have said it better myself

[–] [email protected] 2 points 1 year ago

Making it so that companies prioritize their own shareholders in the short term above all else, even the companies long term health, has become an absolute disaster for humans