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

Technology

59669 readers
4135 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
[–] [email protected] 6 points 5 months ago* (last edited 5 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 5 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.