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OK, Facebook is now a non profit which only income comes from selling ad space to "Definitely Not Facebook Inc" at such a price which avoids racking up profits.
by chx 5y ago
OK, Facebook is now a non profit which only income comes from selling ad space to "Definitely Not Facebook Inc" at such a price which avoids racking up profits. (Like ad house of old.)
- toomuchtodo 5y agoNon profit can't have shareholders, and there are regulations around how non profits operate financially.