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chiliedogg@lemmy.world ⁨6⁩ ⁨months⁩ ago

When it was hemorrhaging money?

We’re in a weird time where all the tech companies are being told at once that they need to start being profitable, and at the same time the EU is cracking down on lots of the shady shit they’ve been using to control the bleeding to this point.

The internet has spent the last 20 years developing an economic model that’s quickly becoming unsustainable, and none of the big web companies seem to have been prepared.

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