Technology

59534 readers

3143 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

founded 1 year ago

MODERATORS

349

submitted 2 months ago by neme@lemm.ee to c/technology@lemmy.world

74 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] fpslem@lemmy.world 23 points 2 months ago (4 children)

Like, two owners ago. Wordpress took Tumblr off Verizon's hands for $3 million USD, ~six years after Yahoo! bought it for $1.1 billion.

[–] gmtom@lemmy.world 15 points 2 months ago (3 children)

Where the fuck does yahoo even get money from to do this kind of shit at this point?

[–] downdaemon@lemmy.ml 3 points 2 months ago (1 children)

Rich people can always get money

[–] Wirlocke@lemmy.blahaj.zone 4 points 2 months ago

The people can, but companies still need some kind of income to exist. The owners/ceos will just golden parachute away from the corpse

In order to tangibly pay employees/rent/servers a company needs either profits, subsidies, or ~~a ponzi scheme~~ inflated stocks.

load more comments (1 replies)