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The Stack
The Stack's Work
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Amazon reported a $2 billion net loss in Q2. That was due to a collapse in the value of its stake in electric vehicle maker Rivian – which cost Amazon $3.9 billion in non-operating expense. That’s a painful figure. A $79 billion sales run rate at a robustly growing
Meta's burning through billions building a "metaverse" -- it might be about to start getting users too...