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Meta shuts down Metaverse after $80 billion loss, ends Horizon Worlds era (techstartups.com)

submitted 7 months ago by davel@lemmy.ml to c/technology@lemmy.ml

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[–] wewbull@feddit.uk 16 points 7 months ago (3 children)

That's a very good question. How do you spend $80billion?

Zuckerberg makes Brewster look like an amateur.

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[–] madcaesar@lemmy.world 2 points 7 months ago

Tax write offs. There's no way they spent 80 billion, but they'll claim 80 billion in tax deductions for the "loss"

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[–] AckPhttt@beehaw.org 1 point 7 months ago (1 child)

Those are still rookie numbers. Pete Hegseth just spent more than that on ribeye steaks and lobster tails.

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[–] wewbull@feddit.uk 1 point 7 months ago

Well... Except he didn't did he. Defence department spending has a bunch of black holes to funnel money into.

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