• Syboxez@lemmy.world
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    1 year ago

    The US Federal Reserve raised interest rates, which means VCs are investing less, meaning that operating at a loss is becoming less profitable, which is leading to Big Tech’s greed becoming much more obvious.

    • wallmenis@lemmy.one
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      1 year ago

      Who would have thought that dumping money on something just because it is cool, would not be a good idea!