Technology

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A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

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Seriously, what's up with big sites literally dying as we speak? (lemmy.ml)

submitted 1 year ago by notExactlyI20@lemmy.ml to c/technology@beehaw.org

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First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?

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[–] scrollbars@lemmy.ml 3 points 1 year ago

Yep, it's this. Despite how it seemed in the 2010s investor capital is not free money. Investors want it paid back many multiple times over and they'll risk destroying the underlying product if necessary.