Meta's core online advertising business could take a $7 billion hit this year due to China tariffs impacting retailers in the country.
  • themoken@startrek.website
    11·
    1 day ago

    Any billionaire would take this deal. The hit is in imaginary money (i.e. stock/corporate assets) that won’t affect their daily lives and in return they get unspecified favors from the (other) oligarchs.