Almost four studios really, another is being reduced to a skeleton crew just to keep their existing infrastructure on life support.

I mean say what you will about Zuck, the ability to pivot at a strategic moment after being so public about a previous decision shows commitment and vision. I'd venture to say most companies anywhere near the scale of meta would not be able to put this off.

He's pivoting, but he's not going out publicly admitting he was wrong, exactly.

Earlier: https://news.ycombinator.com/item?id=46593961