2 ms·
>They think they know Facebook has the financial resources to buy out anyone with even a slight chance of becoming a competitor, and are leveraging that in an a
by mrkramer 4y ago
>They think they know Facebook has the financial resources to buy out anyone with even a slight chance of becoming a competitor, and are leveraging that in an anti-competitive fashion.
Ofc they know it; Facebook/Meta is a public company with a huge cash pile and the pressure from investors to spend that cash is only increasing. They already spend billions for R&D just like their tech peers and the best way to spend the rest of the cash is apparently acquisitions.