Facebook is hemorrhaging billions of dollars every single day and losing millions of users due to its overt censorship practices, according to a new report.
Meta, formerly known as Facebook, lost a whopping $232 billion, the biggest ever suffered by a U.S. company in a 24 hour period. By the end of April, it had lost another fifth of its value.
Wnd.com reports: On top of that, Big Tech is finally facing government regulation – that includes Google, Amazon, Apple and Microsoft. Twitter has agreed to meet Elon Musk’s demands to be more forthright about exactly what the billionaire buyer would receive in his pending acquisition.
And, as American politics turns red next year, the regulatory efforts regarding Big Tech will zero in on free speech, with any luck.