Techrights

[Meme] Naked Emperor

Posted by Roy Schestowitz on Jan 25, 2024

All hype and false projections. Based on accounting fraud. Ever seen what happens when bubbles burst? Or when the "market" overvalues companies by a factor of 10 (or more)? Some companies, which faked their alleged worth, are firing about 90% of their staff this week.

[The Naked Emperor cat] Name the company: loses share in servers, loses share in clients, loses billions in chatbots, has nothing new to show. Fraud Street: this company is worth 3,000 billion dollars. Peak pump and dump.

Taking the piss; By calling everything AI, even Windows

3 trillion? Our debt grew tenfold in a decade

Also see: Microsoft's Total Debt Has Just Surged to an All-Time High of 106 Billion Dollar (26 Billion Increase in Just 3 Months Despite Mass Layoffs)