Re:Why Facebook is spending billions on the metaverse
by salmonfamine on Monday November 01, 2021 @10:50AM
(#29067300)
I think they effectively cannot. There would be a shareholder's revolt.
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Re:Why Facebook is spending billions on the metaverse
by meltedcapacitor on Monday November 01, 2021 @11:03AM
(#29067534)
How do they revolt? Facebook shareholders cannot remove the Zuck and he doesn't need their money. They have zero power.
Re:Why Facebook is spending billions on the metaverse
by johannes1234321 on Monday November 01, 2021 @11:06AM
(#29067595)
Which doesn't matter as Zuckerberg controls too many voting shares. Investors spent money while not receiving voting power ...