Technology

67050 readers

4337 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

VK Reports Triple Net Loss Despite Record Revenue in 2024. (www.themoscowtimes.com)

submitted 1 day ago* (last edited 1 day ago) by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

Russian tech giant VK posted a staggering net loss of 94.94 billion rubles ($1.12 billion) in 2024 — nearly three times the 34.29 billion rubles ($405 million) it lost in 2023 — despite achieving record-high revenue, according to its annual report published Thursday.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 23 hours ago

I'm not Russian either but it's like Russian Facebook with all the problems Facebook has, but under Russian control rather than American. Supposedly even more deeply integrated with intelligence agencies than Facebook is.

It tries to be the only website you ever need to visit so it can always show you as and always track you.