fossilesque@mander.xyz to Technology@lemmy.worldEnglish · 4 days agoMeta 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 TikTokreadsludge.comexternal-linkmessage-square85fedilinkarrow-up1734arrow-down117
arrow-up1717arrow-down1external-linkMeta 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 TikTokreadsludge.comfossilesque@mander.xyz to Technology@lemmy.worldEnglish · 4 days agomessage-square85fedilink
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkEnglisharrow-up10·3 days agoNot 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.
minus-squareIceFoxX@lemm.eelinkfedilinkEnglisharrow-up10·3 days agohttps://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Meta_Platforms
minus-squareSnapz@lemmy.worldlinkfedilinkEnglisharrow-up3·3 days agoThey 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.
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.
https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Meta_Platforms
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.