Re:Sheryl Sandberg stepping down as Facebook COO
by crispyambulance on Wednesday June 01, 2022 @08:03PM
(#31589715)
> Like why is FB not doing any major enterprise initiative or cloud computing...
They "sort-of" did. The Open Compute Project (https://www.opencompute.org/) is an effort in which Facebook played a major role. The motivation, for them, is to break free of the shackles put on them by computing and networking equipment vendors (like Cisco). Facebook is big enough that they could design their own stuff, and try to make it a commodity which, as a side-effect, allows others to get involved and benefit from as well. It's hard to say how well this has worked but it was "an initiative".
They haven’t monetized Messenger or WhatsApp much either. Maybe they can’t or it won’t ever be enough. Less than billions in profit won’t help much. Which does make them having won and are now going down seem more correct.