[solaceb]

It would be even better if they didn't leverage their success in one industry (advertising) by publicly posing solely as another kind of company (social media) in order to buy up other companies (Oculus) to make a lateral entrance into VR, an industry unrelated from advertising, just to pollute it with more advertising.

This whole thing is shady IMO from top to bottom and just another aspect of 2021 tech which makes me think we really collectively failed to prevent the wonder of computing from just being another instrument to extract capital from the people and give it to the powerful

[latexr]

Based on the accounts in The History of the Future: Oculus, Facebook, and the Revolution That Swept Virtual Reality[1], I don’t get the feeling Facebook had to “pose solely as another kind of company”. By the point Oculus was in conversations to sell to Facebook, their shadiness was already a concern.

[1]: https://www.goodreads.com/en/book/show/34017056-the-history-...