| ▲ | kmeisthax 7 hours ago | |
> What I really want to see is Meta getting irrelevant ON MERIT. That happened a decade ago. Users dropped from Facebook like flies and moved to Instagram. Mark Zuckerberg's response was to buy Instagram. The Obama DOJ waved through what was obviously a blatantly illegal merger. Likewise, Google's only ever made two successful products: Search and e-mail. Everything else was an acquisition. In fact, Google controlled so much of the M&A market that YCombinator (the company that runs this forum) complained in an amicus brief that they were basically being turned into Google's farm league. So long as companies can be bought and sold to larger competitors, no tech company will ever become irrelevant. They'll just acquire and rebrand. The only way to stop this is with the appropriate application of legal force. | ||
| ▲ | ljlolel 4 hours ago | parent | next [-] | |
?? He bought instagram in 2012 when it was tiny. They all moved in 2016. His response was 4 years back in time because he can see the future? They moved from meta to meta. | ||
| ▲ | eptcyka 5 hours ago | parent | prev | next [-] | |
What about hp, dell, ibm, compaq, sun? Companies are temporary. | ||
| ▲ | graemep 4 hours ago | parent | prev | next [-] | |
> sers dropped from Facebook like flies and moved to Instagram. Even worse, bought Whattsapp. | ||
| ▲ | pessimizer 5 hours ago | parent | prev [-] | |
> The Obama DOJ waved through what was obviously a blatantly illegal merger. Speaking of buying Instagram[1], it's plain to see that the horrible judges that Obama appointed simply don't believe that antitrust should exist. Exactly what you would expect from the guy who let Citigroup appoint his cabinet[2]. The powers that be at the Democratic party thought that Hillary Clinton was too independent for corporate elites, and she makes a fairly good case that they fixed the primary because they thought he was their best chance to "save capitalism" after the crash. They were right. She even sabotaged her next campaign with her desperate need to show bankers that she was a safe choice (e.g. the secret speech.) > Google's only ever made two successful products: Search and e-mail. Everything else was an acquisition. And search was only successful for 5 minutes, until SEO broke PageRank. Since that one fragile (but smart) algorithm, and the innovation of buying Doubleclick, everything else has been taking advantage of the fact that we don't have a government that functions when it comes to preserving competition in the market. The West loves corporate concentration; it's better when your bribes come from fewer sources, and those sources aren't opposed to each other. [1] James Boasberg; "Meta prevails in historic FTC antitrust case, won’t have to break off WhatsApp, Instagram" https://apnews.com/article/meta-antitrust-ftc-instagram-what... | ||