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Cake day: June 14th, 2023

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  • ziggurism@lemmy.worldtoLemmy@lemmy.mlWill this also affect lemmy.ml?
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    7 months ago

    Do people not remember back in the 2010s when bit.ly was the main link shortener used everywhere on the internet, and then Ghadafi, the then dictator of Libya, declared the site to be incompatible with Muslin decency norms because it was used for porn? And then all bit.ly links were just dead links?

    How many times do we have to learn this lesson? Domain name hacks are fun but just not worth it. And in 2023, now we have all the new TLDs. This was a dumb decision




  • Zuckerberg owns %14 percent of the 2.5 billion shares of the trillion dollar company.

    Yes, he could retire and live off a slice of the profit for the rest of his life. But that’s nothing. Anyone with a few tens of thousands of shares of a healthy company can do that. That massively understates the scope of his holdings.

    Facebook could never turn a profit again. Revenue could fall off a cliff. And Zuck could borrow against the value of his assets to get paid handsomely for the rest of his life.

    Heck he could shut down Meta and liquidate the company for pennies on the dollar and still have more money than most people see in 100 lifetimes.