this post was submitted on 20 Jun 2024
399 points (98.5% liked)

Technology

59092 readers
4909 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] TheFeatureCreature 37 points 4 months ago (7 children)

Because they will. They literally will.

Adobe is one of the most awful, insidious, evil corporations in the software space and they have done absolutely nothing to claw back even a tiny shred of good faith.

[–] xenomor 17 points 4 months ago (2 children)

This seems to happen every time a technology company grows beyond some threshold of size/market share/revenue. I can’t think of a single exception.

[–] bcnelson 8 points 4 months ago (1 children)

Valve has done a pretty good job. Probably because of their ownership model

[–] TheFeatureCreature 10 points 4 months ago

Valve is still a private company. If they ever made an IPO then they would be screwed.

[–] [email protected] 6 points 4 months ago* (last edited 4 months ago) (1 children)

The stock market literally forces companies to be evil. Once you do an IPO, you're contractually obliged to be shitty in order to bring higher revenues.

[–] [email protected] 1 points 4 months ago

Not just the stock market but i’m pretty sure it’s a legal precedent that companies must prioritize shareholders over anyone else.

load more comments (4 replies)