Because most of Big Tech had their quarterly earnings calls last week, and they posted some massive numbers - even by Big Tech's standards - and I've long suspected that we've become desensitised to how much money one billion dollars actually is. Facebook said its revenue grew 56 per cent to US$29b, with profit up 101 per cent to US$10.4b. Big Tech is doing fine. Abigail Dougherty/Stuff There's big, big money being made in the consumer-tech world right now and they’re working on creating demand for the next new thing. Suggesting that Big Tech's ability to create demand for its products isn't about to slow down anytime soon.
Source: Stuff August 06, 2021 17:03 UTC