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by khurs 31 days ago
>Meta's survival is fascinating to me

Their ad revenue is $243.46 billion annual, so not sure why you mention survival.

If a company making money spends that money internally on projects that is ok, it's when they borrow money that survival becomes a risk.

It's not Meta's survival that is fascinating, it's Zuckerberg's ongoing survival as CEO!!
1 comments
JKCalhoun 31 days ago
"Their ad revenue is $243.46 billion annual"

That is remarkable. Who is spending this kind of money on FB ads?

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khurs 31 days ago
Along with small Indies as stated, a lot of the ad market is controlled by large agencies like WPP.

State departments are also one of the biggest spenders (some say that's how the 'deep-state' maintain control of the media...). All those 'stop smoking' and other health ads all add up!

https://en.wikipedia.org/wiki/WPP_plc

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cool-amazing 31 days ago
millions of small businesses
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