It's a bit of a sticking point in Australia which is becoming more and more of a 'two-speed' society. Foxtel is for the rich classes, it caters to the right wing. Sky News is on Foxtel. These eSafety directives killing access to youtube won't affect those rich kids so much, but for everyone else it's going to be a nightmare. My only possible hope out of this is that maybe, Parliament and ACMA (Australian Communications and Media Authority, TV standards) decide that since we need a greater media landscape for kids and they can't be allowed to have it online, that maybe more than 3 major broadcasters could be allowed. It's not a lack of will that stops anyone else making a new free-to-air network, it's legislation, there are only allowed to be 3 commercial FTA broadcasters in any area. I don't love Youtube or the kids watching it, it's that the alternatives are almost objectively worse. 10 and 7 and garbage 24/7 and 9 is basically a right-wing hugbox too.

I believe that's what a write down generally reflects: The asset is now worth less than its previous book value. Resale value isn't the most accurate way to look at it, but it generally works for explaining it: If I bought a tool for 100€, I'd book it as 100€ worth of tools. If I wanted to sell it again after using it for a while, I'd get less than those 100€ back for it, so I'd write down that difference as a loss. With buying / depreciating / selling companies instead of tools, things become more complex, but the basic idea still holds: If the whole of the company's value goes down, you write down the difference too. So unless these guys bought it for five times its value, they'll have paid less for it than they originally got.

I hate google enough to pay 5$/mo for Kagi - it puts a smile on my face everytime I go to search and know that I'm not supporting google

GOOD lets chance of spAIyware on there

Yeah we're kinda doing well. Retaining 50k mau from the initial user burst is really good and Lemmy was technologically really bad at the time. Its a lot more developed today. I think next time reddit fucks uo we spike to over 100k users and steadily grow from there.

(Premise - suppose I accept that there is such a definable thing as capitalism) I'm not sure why you feel the need to state this in a discussion that already assumes it as a necessary precondition of, but, uh, you do you. People blaming capitalism for everything then build a country that imports grain, while before them and after them it’s among the largest exporters on the planet (if we combine Russia and Ukraine for the “after” metric, no pun intended). ...what? What does this have to do with literally anything, much less my comment about innovation/competition? Even setting aside the wild-assed assumptions you're making about me criticizing capitalism means I 'blame [it] for everything', this tirade you've launched into, presumably about Ukraine and the USSR, has no bearing on anything even tangentially related to this conversation. People praising capitalism create conditions in which there’s no reason to praise it. Like, it’s competitive - they kill competitiveness with patents, IP, very complex legal systems. It’s self-regulating and self-optimizing - they make regulations and do bailouts preventing sick companies from dying, make laws after their interests, then reactively make regulations to make conditions with them existing bearable, which have a side effect of killing smaller companies. Please allow me to reiterate: ...what? Capitalists didn't build literally any of those things, governments did, and capitalists have been trying to escape, subvert, or dismantle those systems at every turn, so this... vain, confusing attempt to pin a medal on capitalism's chest for restraining itself is not only wrong, it fails to understand basic facts about history. It's the opposite of self-regulating because it actively seeks to dismantle regulations (environmental, labor, wage, etc), and the only thing it optimizes for is the wealth of oligarchs, and maybe if they're lucky, there will be a few crumbs left over for their simps. That’s the problem, both “socialist” and “capitalist” ideal systems ignore ape power dynamics. I'm going to go ahead an assume that 'the problem' has more to do with assuming that complex interacting systems can be simplified to 'ape (or any other animal's) power dynamics' than with failing to let the richest people just do whatever they want. Such systems should be designed on top of the fact that jungle law is always allowed So we should just be cool with everybody being poor so Jeff Bezos or whoever can upgrade his megayacht to a gigayacht or whatever? Let me say this in the politest way I know how: LOL no. Also, do you remember when I said this? ‘Won’t someone please think of the billionaires’ is wearing kinda thin You know, right before you went on this very long-winded, surreal, barely-coherent ramble? Did you imagine I would be convinced by literally any of it when all it amounts to is one giant, extraneous, tedious equivalent of 'Won't someone please think of the billionaires?' Simp harder and I bet maybe you can get a crumb or two yourself.