Facebook Inc. aka Meta Inc. is going to kill Apple and put an end to the iPhone.
Going to watch this.
To Downvoters: Here's a reminder of how wrong the HN bubble was back then: [0] [1]
This is the same place that reacted to Facebook acquiring Instagram and WhatsApp to being the dumbest decisions Mark Zuckerberg made and now it became a $1T company with billions in profit and billions in monthly active users.
If users cared about privacy, why are they still on WhatsApp and Instagram and failed to move elsewhere? Exactly because the money, creators, social inertia and followers are still there.
We'll come back in 10 years and we'll see if you still like Apple and Google's walled gardens and 30% taxes.
Instagram had like less than 20mn users when FB acquired it.
If you peruse the HN comments from the time, many of them were convinced that this was a waste of money (though not the top comment, interestingly enough): https://news.ycombinator.com/item?id=3817840
Fun to review how many HN commenters pooh-poohed the acquisition and price back in 2012:
https://news.ycombinator.com/item?id=3817840