this post was submitted on 19 Jan 2025
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Meta Shatters Lobbying Record as House Passes TikTok Ban: Instagram owner Meta spent more than ever on lobbing Congress and the White House as legislation to potentially ban its competitor TikTok (readsludge.com)
submitted 1 day ago by fossilesque@mander.xyz to c/technology@lemmy.world
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[–] mac@lemm.ee -5 points 1 day ago (2 children)

What platforms has meta bought and shut down?

I can think of zero examples myself.

[–] suigenerix@lemmy.world 27 points 1 day ago

CrowdTangle, MetaSpark, Moves, Onavo, Bump, Parse, etc

[–] LifeInMultipleChoice@lemmy.world 10 points 1 day ago (2 children)

Not sure, most of the companies they buy they claim are to acquire their workers. They've bought over 90 companies from what I saw in a quick search.

[–] Snapz@lemmy.world 3 points 9 hours ago

They buy to acquire IP and shutter competition gaining market share. Any employees are typically systematically let go or driven to quit intentionally within 6 months to a year.