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Why is tech in trouble if the economy is ok?
Channels with Peter Kafka
Do You Think More Cuts Are Coming?
Facebook CEO Mark Zuckerberg is trying to rein in the company's spending. The tech industry has been putting up strong results, but investors are looking at this metaverse dream and saying they're not going to get that. Ben Thompson: Do you think more cuts are coming? You know, when the banking was in the bank, the Great Recession hit in 2008 to 2010,. But actually the tech companies did pretty well all in.
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