Discussion

• @jesselehrich Jesse Lehrich on x

  .@meta threatens to leave the EU: a 4-act comedy. https://twitter.com/...

• @lauren_feiner Lauren Feiner on x

  Meta $FB fell below $600 billion in market cap today - a key threshold in several of the tech competition bills being considered by Congress. Lots can change, but it goes to show just how hard it is craft targeted legislation https://www.cnbc.com/...

• @sama Sam Altman on x

  FB trading at about 5x revenue really doesn't make economic sense to me what am i missing?

• @lutherlowe Luther Lowe on x

  @lauren_feiner If it stayed below $600b for two years, I would submit it is unlikely to be exerting serious enough market power to warrant the tougher scrutiny. In other words, the legislation is working well and exactly as designed. https://twitter.com/...

• @lyssaslounge Katharina Borchert on x

  Imagine losing over 40% of your market cap but still gaining a potential market advantage through that. https://twitter.com/...

• @wexler Nu Wexler on x

  If Congress lowers its $600b threshold just to target FB, everyone will look ridiculous. https://www.cnbc.com/...

• @cliffordasness Clifford Asness on x

  @scottlincicome Also much of the legislation was specifically about “Facebook” and has already been made obsolete by the change to Meta.

• @karlbode Karl Bode on x

  not only did most of the heavily hyped “antitrust reform” bills narrowly focus on “big tech” and ignore telecom monopolies and banks, now they don't even technically apply to the primary company that motivated the effort in the first place https://twitter.com/...

• @danprimack Dan Primack on x

  Facebook today fell below the $600 billion market cap threshold set by antitrust bills. And yes, that figure was intentionally set to cover companies like $FB. BUT: Senate bill is a 180-day trading average that matters. House bill could be moment in time.

• @mmasnick Mike Masnick on x

  Folks, Meta is no longer big tech. https://twitter.com/...

• @jason_kint Jason Kint on x

  There is upside in losing $438B of shareholder value. https://twitter.com/...

• @itai_leshem Itai Leshem on x

  If u believe $FB tanking by 34% since Thu is even a remotely reasonable outcome of the guidance it provided, this means you believe Zuckerberg knew this was coming. Hard to believe. If u rule out unreasonable market u have to assume we are missing relevant data others know.

• @scottlincicome Scott Lincicome on x

  Soon: “Meta Engineered Its Own Stock Collapse To Avoid Government Scrutiny What Are They Hiding”

• @litcapital @litcapital on x

  Mission failed successfully https://twitter.com/...

• @samro Sam Ro on x

  everyone's playing chess, zuckerberg's playing metachess https://twitter.com/...

• @sub8u Subrahmanyam Kvj on x

  Zuckerverse is definitely a simulation! https://www.cnbc.com/... https://twitter.com/...

• @levie Aaron Levie on x

  Zuck is always 3 steps ahead. https://twitter.com/...

• @carnage4life @carnage4life on x

  Amazing, congress wants to pass antitrust bills requiring any company with above $600B market cap be effectively treated as a monopoly. $FB stock has crashed so hard that bills wouldn't apply to it if passed. 😂😂😂 But Tesla would still be treated as one according the bills.🤣 https…

• @lutherlowe Luther Lowe on x

  If it stayed below $600b for two years, I would submit it is unlikely to be exerting serious enough market power to warrant the tougher scrutiny. In other words, the legislation is working well and exactly as designed. https://twitter.com/... https://twitter.com/...

• @jason_kint Jason Kint on x

  What a clown show. They've lost all trust and now they're just falling over embarrassing themselves. One year of market cap wiped out trying to convince civil society their surveillance advertising business is both necessary and good for everyone including small business. https:/…

• @parismarx Paris Marx on x

  How to avoid antitrust scrutiny: crater the value of your monopoly. https://twitter.com/...