After Mark Zuckerberg told President Trump that Meta would invest $600 billion by 2028, the CEO confessed to the president that he ‘wasn’t sure what number [Trump] wanted to go with.’
It’s not unusual for tech company CEOs to make the journey to Washington, DC, and announce billion-dollar investments to curry favor with politicians in power. Apple CEO Tim Cook was in the Oval Office last month, a piece of Apple-shaped glass and a 24-karat gold base in hand, to pledge another $100 billion in US investment over the next four years, for a total of $600 billion.
Meta CEO Mark Zuckerberg perhaps had that number on his mind this week when he joined his fellow Silicon Valley heavy hitters at the White House for a dinner with President Trump. Zuckerberg was seated next to the president, who at one point leaned over and asked him, “How much are you spending, would you say, over the next few years?”
A flustered Zuckerberg responded, “Oh gosh, um, I mean, I think it’s probably going to be something like, at least $600 billion through '28 in the US, yeah.”
“That’s a lot, that’s a lot,” Trump said.
It is indeed. Once the discussion concluded, Zuckerberg leaned over to Trump to privately admit the president had caught him off guard. “I’m sorry I wasn’t ready…I wasn’t sure what number you wanted to go with,” Zuckerberg said in a revealing moment caught on a hot mic.
It’s not unusual for tech company CEOs to make the journey to Washington, DC, and announce billion-dollar investments to curry favor with politicians in power.
It should be. It has always been disgusting how normalized corruption is in this country. It’s not surprising or shocking, but it’s no less wrong.
Atleast outside of the west bribery is available to the working class. Here it is just for the owners
Yeah but the problem with that is that bribery quickly goes from being an option to a requirement
We are only as low as we are in corruption rankings because we legalized it. PACs lobbying etc
Rolling blackouts, coal ash dumped into drinking water reservoirs, fossil fuel smog thick in the air, clearcut forests that would help clean the air, and "safer nuclear,” oh and peak oil was a while ago… Rationed water that may but likely won’t, be safe for cooking, drinking or bathing…but ai surveillance and eternal war are worth it!
"safer nuclear,”
Why the “air quotes”? Nuclear remains the most efficient, powerful energy source, and is vastly more resilient to disaster than even before.
but ai surveillance and eternal war are worth it!
Don’t forget the thrill going up every confederate’s leg because they owned the libs!
I would never encourage violence online
I would.
Play TF2. Do it. Frag your friends.
Wouldn’t this be soo much easier if we just charged them all a proper amount in taxes?
Zuck is a cuck.
Mark cuckerberg with our supreme dicktaster.
Always was. Hyuk hyuk
Trying to understand.
At the meeting - when interviewed by the press - Zuck mentioned 600b.
Then - after that questionnaire between Zuck and the press was over – he leaned over to Trump and was like – paraphrasing: “was 600b good? Don’t recall if that’s what we discussed”.
I’m assuming this is a bit of non-news - but am just trying to follow why it is news. Or if every hot mic capture is just juicy news.
Proof that these announcements are bs for the sheep. We already know that but the sheep do not.
600 b is more than the intrinsic value of zucksempire, not a chance they invest that, and if they did it would be for stuff that would make them more at our expense.
600 b is more than the intrinsic value of zucksempire
There is no such thing as intrinsic value.
There is though, the real assets that have value, the time value of future earnings from their assets minus a risk premium.
Market value is what is a worthless number in most all contexts outside of hostile takeovers and arbitrage plays on valuations by parasitical private equity and hedge funds.
For instance, tesla owns properties, machines, can turn out so many cars for how much with whatever risk of not.
Meaning they might have an intrinsic value of 10 billion, probavly less now with the whole nazi thing.
Market cap of a trillion for tesla is meaningless, that money does not exist, realizing actual money from the stock progressively lowers the value.
trump was getting these tech ceos to say big investment numbers into the camera so that trump could say that he is the greatest president ever. The estimate that zuck gave was very high, and the fact that he later said ‘was 600b good?’ In the ‘hot mic’ moment suggests that the number was inflated to appease trumps ego and that these numbers are not real.
I would say it wasn’t to appease trump himself, but to influence the people watching this.
Next week Facebook will layoff a couple thousand workers and then the elites will see the markets tumble and be like “wtf America, why are you doing this to yourself?”
“Heavy Hitters” that’s cute for a bunch of flesh light pussies.
I really hope the Internet invents a parody product that embodies that fully, The Fasc White® fleshlight. Bundle it with tiki torches and a Best Buy ensemble so these backbirths go into battle with full hands.
