News for hackers. Stuff that matters.

A comment on Facebook's TikTok-like redesign marks sunset of social networking era. Parent comment

Re:Facebook's TikTok-like redesign marks sunset of social ne... by threeseed on Wednesday July 27, 2022 @05:49AM (#32248552)
Facebook's ARPU and overall revenue has been continuing to increase even last quarter.

So clearly they know a little bit about what is a solid, sustainable profit source.

[ Parent | on HN ]
Re:Facebook's TikTok-like redesign marks sunset of social ne... by tomc1985 on Wednesday July 27, 2022 @10:50PM (#32259968)
> So clearly they know a little bit about what is a solid, sustainable profit source.

It is more than a "solid, sustainable" profit source, it is a best-in-class cash cow that feeds a growing monstrosity for shareholders that want more, more, more.

The business they left behind is still sustainable.

[ Parent | on HN ]