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Tumblr is losing $30M each year, CEO says (techcrunch.com)
submitted 3 years ago by to c/technology@lemmy.world
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[–] 12 points 3 years ago (1 child)

I don't get how there's so many different companies failing to make a profit and staying afloat, isn't Uber also running at a loss?

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  • [–] 5 points 3 years ago (1 child)
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  • [–] 2 points 3 years ago* (last edited 3 years ago)

    Do we have a remind me bot yet?

    I think we're going to discover that the current economic crisis is mostly a media campaign to try to stem the incoming flood of union wins.

    Edit: I am also aware of the real recession economics happening - but the impacts are, so far, wildly lighter than we've been forcasting to follow the pandemic. Yet we are not seeing "recession is way less harsh than predicted" in the media.

    I'm sure some of that can be explained by gloom and doom sells, and the tendency of doomsday cults to move their dates.

    But I also believe we're seeing a coordinated anti union "keep your head down and keep your job" media campaign, right now.

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