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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
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The problem is their ability to gobble up new companies that could threaten them and use any innovative patients they may hold to either enrich themselves or stifle competition or both.
That is the premise used to argue that one day a zombie company will emerge which will live forever. In millennia, it has never happened. I'm fairly confident it's unlikely. These companies eventually allow their culture and focus to settle into complacency. Buying other companies can't solve that. In fact, it hastens their demise, as they spend large sums of money on companies they're incapable of properly utilising.