RIP Good Times | On the Future of Big Tech

Annie Rauwerda, Ben Tarnoff, David Adler, David Ethan Jones-Krause, Jane Chung, Jeannette Estruth, Jordan Coley, JS Tan, Lora Kelley, Sophie Haigney, Tarpley Hitt

The trouble in Silicon Valley goes far beyond the tumult at Twitter and the implosion of FTX; in the sixteen months since Facebook rebranded as Meta, the company has shed thousands of employees, including 11,000 in a single round of layoffs, and has extended its hiring freeze. Across DoorDash, Stripe, Lyft, Salesforce, and other companies, more than 150,000 tech workers lost their jobs in 2022 alone, and stocks have taken...

Still Blind to the Extent of the Problem

David Adler

There is no Meta office in Ethiopia, but Facebook counts 6.9 million profiles in the country, and WhatsApp millions more. For Ethiopians — as for others across Africa, Asia, and Latin America — Meta is not merely a tech company, but the entire internet. Its apps come preinstalled on mobile phones; their use is included in prepaid mobile packages. Ninety-six percent of South African internet users are on WhatsApp, as are...