• GreyBeard
      link
      English
      61 year ago

      Facebook did harm to themselves with the whole metaverse thing. They’ve already pivoted away from it though.

      • @zeppo@lemmy.world
        link
        fedilink
        English
        31 year ago

        I wonder how they can change their name back from Meta without admitting that it was an incredibly dumb decision in the first place.

        • @StenSaksTapir@feddit.dk
          link
          fedilink
          English
          21 year ago

          Do people still not understand the name change?

          They’re called Meta instead of Facebook, because Meta is not only Facebook, but also Instagram, Whatsapp, Threads and so forth.

          • @AssPennies@lemmy.world
            link
            fedilink
            English
            21 year ago

            And by all accounts it still has the same c-suite/management structure as before.

            This “restructuring” was done in part to protect the whole when all the antitrust shit finally starts to roost. I’ll give their lawyers credit here, they foresaw the inevitability getting slammed with antitrust lawsuits, and now they can less painfully peel off the “offending” subsidiaries and blame them for any wrong doing instead of parent meta.

            Plot twist: It’s totally still meta that’s dictating the evil, they aren’t fooling anyone, fuck their plausible deniability.

            • @Gestrid@lemmy.ca
              link
              fedilink
              English
              21 year ago

              Google did the same thing when they formed their parent company, Alphabet (an equally stupid name compared to Meta).