Nike is laying off staff after announcing a $790 million loss in its latest quarterly earnings

[Tsing Tao]

Nike is a leftist organization? Thought they just made shoes.

Not like Trump has his shitty suits and ties made in China also so he must be a leftist too.

They are. Starbucks just makes coffee, too. But it is very left leaning.

 

[Tsing Tao]

More good business news.


Zuckerberg Loses $7 Billion as Firms Boycott Facebook Ads


https://www.bloomberg.com/news/arti...oses-7-billion-as-companies-drop-facebook-ads

$7 Billion is beer money to him.

 

[TreeFrogTrader]

$7 Billion is beer money to him.

Yeh, he is all set.

But any signs that Facebook is hemorrhaging both users and ad revenue it good. Zuckerburger will always be all set.

 

[Tsing Tao]

Yeh, he is all set.

But any signs that Facebook is hemorrhaging both users and ad revenue it good. Zuckerburger will always be all set.

Never had a Facebook account. Never will.

 

[Overnight]

Never had a Facebook account. Never will.

You are not thinking logically on this. The more people that sign up for FB and do NOT click the ads, the more money it will cost FB in data stream costs. He's gotta' pay for the data coming into and out of his pipe. He makes up for it with click-through ads. So if everyone simply stops clicking the ads, he gets nothing, but spends more. Net negative revenue after expenses.