245
you are viewing a single comment's thread
view the rest of the comments
[-] axont@hexbear.net 42 points 1 year ago* (last edited 1 year ago)

my guess is that gulf state monarchy investors (Saudi, Qatar, UAE etc) haven't been satisfied with the profit margins and are demanding more control over the companies, whereas American/European investors are possibly more focused on market share

could be rising competition from Chinese tech companies as well

It could also be a collapsing bubble where everyone's realizing personal data sold to advertising companies isn't as valuable as everyone assumed it was 15 years ago. They ran out of people to scoop data from. Everyone's already got every possible type of targeted ad pointed directly at their eyeballs 24/7. The market is cornered and there's nothing left to speculate on

this post was submitted on 16 Oct 2023
245 points (100.0% liked)

chapotraphouse

13551 readers
704 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Gossip posts go in c/gossip. Don't post low-hanging fruit here after it gets removed from c/gossip

founded 3 years ago
MODERATORS