this post was submitted on 19 Jan 2025
683 points (97.9% liked)

Technology

60631 readers
3575 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
683
Meta Shatters Lobbying Record as House Passes TikTok Ban: Instagram owner Meta spent more than ever on lobbing Congress and the White House as legislation to potentially ban its competitor TikTok (readsludge.com)
submitted 1 day ago by fossilesque@mander.xyz to c/technology@lemmy.world
81 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] tja@sh.itjust.works 76 points 1 day ago (2 children)

The reason we have a Chinese competitor that we cannot directly control is that Meta is buying up every promising US platform and shutting it down. Or just trying to copy it so that the competitor does not get enough users

[–] coherent_domain@infosec.pub 41 points 1 day ago* (last edited 1 day ago) (1 children)

As if anti-trust law doesn't exist. It is crazy to me nowadays, most tech startup's goal from the very start is to sale to a big tech competitor. This certainly should have anti-trust implications.

[–] bokherif@lemmy.world 14 points 14 hours ago

Nope. The legal system is pay to win.

[–] mac@lemm.ee -5 points 1 day ago (2 children)

What platforms has meta bought and shut down?

I can think of zero examples myself.

[–] suigenerix@lemmy.world 27 points 23 hours ago

CrowdTangle, MetaSpark, Moves, Onavo, Bump, Parse, etc

[–] LifeInMultipleChoice@lemmy.world 10 points 23 hours ago (2 children)

Not sure, most of the companies they buy they claim are to acquire their workers. They've bought over 90 companies from what I saw in a quick search.

[–] Snapz@lemmy.world 3 points 8 hours ago

They buy to acquire IP and shutter competition gaining market share. Any employees are typically systematically let go or driven to quit intentionally within 6 months to a year.