Facebook Reports Third Quarter 2021 Results

Re:Facebook Reports Third Quarter 2021 Results by alangibson on Monday October 25, 2021 @06:02PM (#28993684)

I loathe Fb as much as anyone, but if you're just looking to make money their stock is the biggest 'buy' on Earth. Their numbers only get better in the face of bad news, they've barely started tapping the potential revenue from Ig, and they haven't even begun to monetize Whatsapp.

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Re:Facebook Reports Third Quarter 2021 Results by nojito on Monday October 25, 2021 @06:09PM (#28993766)

Maybe but FB/google and Apple are in the cross hairs of the DOJ and it’s likely we will see a Microsoft level ruling come down on all three of them.

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Re:Facebook Reports Third Quarter 2021 Results by alangibson on Monday October 25, 2021 @06:16PM (#28993849)

It's hard to say that MS was hurt by the DOJ given their current market cap.

Also, the US federal government is a shambles. They can't put together an inquiry on what lead to the seat of government being literally overrun, so I'd be incredibly surprised if they managed to take action against one of the most well funded entities on earth.

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Re:Facebook Reports Third Quarter 2021 Results by nielsbot on Monday October 25, 2021 @07:53PM (#28994741)

It's started in the House anyway https://en.wikipedia.org/wiki/United_States_House_Select_Com...

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Re:Facebook Reports Third Quarter 2021 Results by RspecMAuthortah on Monday October 25, 2021 @07:25PM (#28994490)

You forget DOJ and the entire executive branch it reports to are pretty much bought by lobbyists, many of whom directly or indirectly work for FB and other big tech.

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Re:Facebook Reports Third Quarter 2021 Results by alangibson on Tuesday October 26, 2021 @03:42AM (#28997488)

That too. The technical term is "regulatory capture".

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Re:Facebook Reports Third Quarter 2021 Results by nipponese on Monday October 25, 2021 @06:11PM (#28993795)

I think point I think the insiders 90% "know" whether DOJ action is going to come down or not and have already built that into the stock price.

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Re:Facebook Reports Third Quarter 2021 Results by sumedh on Monday October 25, 2021 @07:59PM (#28994816)

They will just pay a small fine and call it a day.

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Re:Facebook Reports Third Quarter 2021 Results by blocked_again on Monday October 25, 2021 @06:08PM (#28993748)

> I loathe Fb as much as anyone, but their stock is the biggest 'buy' on Earth.

Obviously has never heard of Crypto.

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Re:Facebook Reports Third Quarter 2021 Results by alangibson on Monday October 25, 2021 @06:26PM (#28993955)

> Obviously has never heard of Crypto

Obviously has never heard of revenue

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Re:Facebook Reports Third Quarter 2021 Results by blocked_again on Monday October 25, 2021 @06:34PM (#28994018)

Obviously has never heard of DeFi.

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Re:Facebook Reports Third Quarter 2021 Results by alangibson on Monday October 25, 2021 @06:48PM (#28994138)

Because those schemes are going great. Keep trying though.

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