Bullshit:
Meta reported for its most recent quarter (Q1 2026, ended March 31, 2026):
- Revenue: $56.3 billion
- Net income (profit): $26.8 billion
That was up from:
- $42.3 billion revenue a year earlier
- $16.6 billion net income a year earlier
This is a most excellent place for technology news and articles.
Bullshit:
Meta reported for its most recent quarter (Q1 2026, ended March 31, 2026):
That was up from:
When an aging business starts to take on water, the quickest, easiest — and most destructive — solution is to make moves that will generate more money now but may cost the company later. And that’s exactly what Meta has started to do. In the first three months of this year, the company started cramming more ads onto its platforms while charging advertisers more. Those choices may have allowed the company to increase its revenue per user by a significant 27 percent in the first quarter of 2026, but they are also likely to further alienate users (and annoy advertisers).
oh no they only have 3.5 billion users how will meta ever survive, their ability to take on debt must mean they are seen as unable to pay debts
I believe the company is at the start of a long, slow decline ... if you look carefully, you can see chinks in the armor
Almost lyrical, free of palpable fact. Well, at least it's labeled "Opinion"
The latest earnings, released on April 29, revealed a dip in user numbers for the first time since it started reporting these figures.
This seems to be what got the author spinning their vision. I'll take it. Here's to hoping 🥂
You can down vote such bullshit headlines too. It is clear that it is nonsense.
I've been spending a whole lot less time on Facebook recently, I've deleted the app off my phone, and just check in once a day or so on my computer.
They just don't seem to grasp that I want to see what my friends and family are doing, not meme pages.
it's not that they "don't grasp" what you want, it's that they couldn't care less what you want
the way i was able to eventually delete my account was to sit down and delete everything i'd ever posted, every photo, every comment, etc. makes it easier to just say YES i want to remove this bullshit from my life altogether
great. and I hope you did the same for whatsapp et instragram
fb was the only thing i was using. election '24 gave me the extra motivation to just delete the entire account that was sitting empty anyway. now it's pretty much just piefed/lemmy, and will eventually delete these too
Cambridge Analytica gave me that motivation.
It was time then, and it past time now.
While this is true, to be fair to them your family and friends probably stopped posting years ago.
I wrote about the same frustration a while ago: https://jeena.net/my-facebook-feed
In that article I also mention https://www.facebook.com/?filter=friends&sk=h_chr which only shows posts of your friends which I used for some time as my bookmark for Facebook, but so few people post there that it's just not enough for me to come back regularly.
I haven’t been opening it for years, I have half a thousand friends there. Most of which I know personally, so no some internet randos. Maybe it was difficult at first, I don’t really remember. Some people messaged me there, and I haven’t been reading their messages for a very long time, so they assumed I don’t use the platform. I tried this many times in my past, but at some point I succeeded and today opening Facebook once a day sounds like a lot to me.
Because of this, it feels like nobody’s at Facebook. That’s an interesting bubble to be in. I have no idea how many people I personally know are there, but I afraid it still a lot.
Company: grows 5% in a year instead of predicted 5.5%
Corporate media: It's dead.
How
the FUCK
can a single datacentre cost
TWENTY SEVEN BILLION
dollars?
Well, you have the actual, physical cost of the datacenter -- the land, the design, the engineers, the permits, the environmental studies, the lawyers, the construction, etc -- and then you have the cost of removing roadblocks along the way. Especially in Louisiana, if you're not familiar with Huey Long: he's been gone for many decades, but his way of doing business down there hasn't changed a bit.
It's exactly like the East Wing ballroom: there's a private fund that Trump opened specifically for businessmen to contribute that will fund the ballroom construction, which has been open and taking donations since he tore the East Wing down, and there's also the bill before Congress, right now, that will have the ballroom paid for by tax dollars, all of it.
"But," you may ask, and rightly so, "why are private contributions needed to fund a ballroom that will be funded entirely by taxes?" and the answer to that is, "Yes."
One of the sure signs you're in a banana republic is that every palm must be greased on the way to getting legal consent for anything, no matter how small. The US is now no different.
RGB :3
First they'll collapse slowly, then all at once. The debt is catching up to them, they'll start laying off even more people, and they'll try to increase revenue by running more ads, and charging more for the ads, etc.
If you think they, or any of them, including our own government, are "too big to fail", well, it's happened before.
I don't understand why businesses don't predict this downward spiral. I recall a city with crap bus infrastructure saying ridership was down so they had to increase fares. So then a while later, oh ridership is lower again, let's increase fares. Duh, its down because the routes suck and you've increased the barrier to choosing to use it. SMH
I believe what you've described is intentional with any service that someone is looking to cut. Step one: this service sucks and doesn't deserve as much funding as it has. Step two: cut funding. Step three: see step one.
Smaller businesses or privately owned businesses with a smart owner do.
Large publicly traded companies are sustained by a perception that an investment in or loan to that company will pay off in a higher dollar amount in the future, so if the perception becomes the company is shrinking then the investments and loans slow down which makes the perception worse, you get that feedback loop which turns into the death spiral.
So the bigwigs at the top of these companies have to be professional liars and gamblers to change the perception and make it look like everything isn't just fine, they're doing great! The line must go up.
When you speak of billions and trillions it's all meaningless bullshit and everything has gotten too far out of hand.
Yeah, it's wild. I think these numbers are really literally making people into obsessive power hoarders like smaug. All this time and humanity has not yet learned it's not a great idea for any one person to have amassed such wealth and power.
3.58 to 3.56 billion isn't really significant because in the long term these sort of mega corporations can easily recover that many users.
But I like they're getting covered in debt, though idk how far it is from collapse as these numbers don't make much sense to me.
What a stupid cope.
Meta is simply too big to fail, they can do whatever they like. Name a single big tech company that died in the last 20 years. Hell, even Oracle who make basically nothing of real value is doing incredibly well.
Yahoo and MySpace come to mind. Probably could count Nokia and Blackberry, although they were more phone/hardware.
Possibly AOL, but their "death" may have been more than 20 years ago.
And while technically some of those companies "exist" in some capacity today, I don't think we'd consider any of them except Yahoo as anything but a name/brand at this point.
Nokia is doing just fine. They're mostly focused on networking stuff nowadays. They left the phone business when MS bought it.
Name a single big tech company that died in the last 20 years.
None of them entirely die ... they just become hollow shells of their former selves, sold off to another company to use the IP rights. See: Yahoo.
Not dying fast enough. A list of good reasons to quit social media: https://www.arscyni.cc/file/quit_facebook.html.
There's only about eight billion humans in existence. 3.56B daily active users is as close to saturated as you can get.
I left Facebook after 18 years. It's nothing like what I originally signed up for.
Facebook is nothing but boomers, bots and AI generated click bait. A cesspool of our own creation.
Burn. It. All.
Like the billionaires currently ruining the world: please die faster.
Is "dying" the right word? They're struggling, but I won't be surprised if this administration or the next bails Meta out, since fb and insta are essentially public services for a lot of people, as much as I hate that. The smart thing for the fed government to do is to nationalize Meta's platforms.
They're not public services. They're hostile psy-ops around the world, helping destabilise other governments.
It's high time other countries just outright blocked that cesspool, and Twitter while they're at it.
Right, so "public services", as the filthy rich would sarcastically put it. Facebook is one of the major set of chains that bind, and direct us, none of them want to lose that.
That’s about 3 billion people too many.
Left Meta (incl whatsapp) more then a year ago. Haven't missed it for a bit. Quite liberating actually, especially leaving whatsapp was great
I would love it if this were true, but as a member of the mag seven, they get a huge majority of the investible income of the world by default. Passive investing is 55% of the overall investing that happens now, and that means sending money to zuck more or less regardless of what he does or doesn't do. It's very hard to fuck that up. Not impossible, but they will be handed a lot of money for a long time. They will have to really fuck up badly to really die.
Yet none of this will reduce Fuckerberg's cash pile. We need to take that back.
Problem is, it's been overrun by rage bait for clicks and vocal extremists.
It's weird watching people think their opinion is popular because a handful of people are shouting it everywhere on Facebook.
It's no longer fun, and there is no way to force only posts by people you know. So all the racist garbage gets lots of engagement and is also added to your feed
This is a nytimes article about meta reaching lemmy all frontpage. It's up to you whatever meta dies or not, stop upvoting their shit.
At this point I wish for every mega Corp to die before they turn even more into tge cyberpunk dystopia visions of 80s movies.
I'll open a bottle of something nice when this happens, along with doing a happy dance, but I think that cork is staying put for now.
My only exposure to Meta has been Facebook. I stopped using it regularly in 2019 when I became sick of all the political warfare and tired of losing respect for those I love. I completely deleted my account in 2025 after Zuckercuck started cozying up to Trump. I can only hope folks get sick of it. My friends all mainline FB on the daily and it sucks. So many community groups are run exclusively from FB. Events where FB is the only advertisement. They have a crazy hold on the town square and that's dangerous.
they botched their own product. lets stop using it.
Declined from 3.58 billion to 3.56 billion, that's practically noting
Dont do that, dont give me hope