31–40 of 368 posts
Earlier quoted context omitted.
Sounds like a band-aid on a gaping wound.
But is it really? Or did a combination of COVID-tech-mania and low interest rates just boost stock prices well above what was actually reasonable?
I tried the new PS5 VR2. It’s definitely better than Oculus Quest. Makes you wonder what Facebook has been doing with all those billions spent on VR when Sony is able to produce a better product with a fraction of the investment.
By what measure? The headset is tethered, bulkier, more expensive, came out two years later and only has slightly higher resolution. It's good and I expect it to do well but it's not definitely better.
I wonder what effects this uncertainty will have on an organizational system. With multiple rounds of layoffs, talks of 'flattening', projects being cancelled, internal transfers being frozen, hiring being frozen, when does an organization finally become 'healthy' again? When are the right people in the right places making the right decisions again? Does an organization that has so much capital need to even care abou…
In 2022 their core business made 27 billion with 5 billion revenue if advertising income falls by ~12% ((27-24)/27) they are no longer profitable. https://ichef.bbci.co.uk/news/976/cpsprodpb/A421/production/... Haven't touched their platforms for years. User base in the USA keeps declining. They need to cut expenses.
I wonder what effects this uncertainty will have on an organizational system. With multiple rounds of layoffs, talks of 'flattening', projects being cancelled, internal transfers being frozen, hiring being frozen, when does an organization finally become 'healthy' again? When are the right people in the right places making the right decisions again? Does an organization that has so much capital need to even care abou…
In 2022 their core business made 27 billion with 5 billion revenue if advertising income falls by ~12% ((27-24)/27) they are no longer profitable. https://ichef.bbci.co.uk/news/976/cpsprodpb/A421/production/... Haven't touched their platforms for years. User base in the USA keeps declining. They need to cut expenses.
I tried the new PS5 VR2. It’s definitely better than Oculus Quest. Makes you wonder what Facebook has been doing with all those billions spent on VR when Sony is able to produce a better product with a fraction of the investment.
I tried the new PS5 VR2. It’s definitely better than Oculus Quest. Makes you wonder what Facebook has been doing with all those billions spent on VR when Sony is able to produce a better product with a fraction of the investment.
How many people are quitting?
Wall Street rewarded Meta with a massive jump in share price (+15% in one day) when Zuck stated on an earnings call that he was all now about efficiency (and therefore a tacit admission that he won't just throw the entire company off the VR cliff into the abyss). Zuck probably thinks more of the same will buy additional good will from Wall St.
+15% in one day, when the stock is already down 75% from its peak a year or two earlier, doesn't feel like a "massive jump".
I wonder what effects this uncertainty will have on an organizational system. With multiple rounds of layoffs, talks of 'flattening', projects being cancelled, internal transfers being frozen, hiring being frozen, when does an organization finally become 'healthy' again? When are the right people in the right places making the right decisions again? Does an organization that has so much capital need to even care abou…