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Comment by snowwrestler

19 hours ago

I think you’re right about this deal. But it’s kind of funny to think back and realize that Microsoft actually has just written off multi-billion-dollar deals, several times in fact.

One (1) year after M$ bought Nokia they wrote it off for $7.6 Billion.

There’s no upper limit to their financial stupidity.

  • The metaverse is another example if anyone doubts the bounds of corporate stupidity.

    • Why?

      FaceBook largely requires an Apple iPhone, Apple computer, "Microsoft" computer, "Google" phone, or a "Google" computer to use it. At any point one of those companies could cut FaceBook off (ex. [1]).

      The Metaverse was a long term goal to get people onto a device (Occulus) that Meta controlled. While I think an AR device is much more useful than VR; I'm not convinced that it's a mistake for Meta to peruse not being beholden to other platforms.

      [1]: https://arstechnica.com/gadgets/2019/01/facebook-and-google-...

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