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S o T o S p e a k | Ep. 937 | The Fall of FAANG
Manage episode 346444874 series 2508339
It turns out Elon Musk isn't the only tech sector boss doing mass layoffs...
Facing the prospect of a prolonged recession spurred by rampant inflation and rising energy costs, Amazon and Facebook are both poised to let thousands of employees go. With Meta stock down almost 80% and its cash flow down 98%, Mark Zuckerberg may be in serious trouble -- especially since the company is having difficulty attracting new users to its services.
Keeping young people engaged means being on the cutting edge of cool, and it's hard to be on the cutting edge of cool while you're censoring people for hurting your feelings.
And since it's election day, I'd be remiss to neglect mentioning new reports of RUSSIAN BOTS on social media.
...what if there's some merit to the hysteria, selective though it may be?
This is EPISODE 937 of So to Speak w/ Jared Howe!
259 episoder
Manage episode 346444874 series 2508339
It turns out Elon Musk isn't the only tech sector boss doing mass layoffs...
Facing the prospect of a prolonged recession spurred by rampant inflation and rising energy costs, Amazon and Facebook are both poised to let thousands of employees go. With Meta stock down almost 80% and its cash flow down 98%, Mark Zuckerberg may be in serious trouble -- especially since the company is having difficulty attracting new users to its services.
Keeping young people engaged means being on the cutting edge of cool, and it's hard to be on the cutting edge of cool while you're censoring people for hurting your feelings.
And since it's election day, I'd be remiss to neglect mentioning new reports of RUSSIAN BOTS on social media.
...what if there's some merit to the hysteria, selective though it may be?
This is EPISODE 937 of So to Speak w/ Jared Howe!
259 episoder
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