Microsoft Swallows GitHub Losses
"Anyone have the date for the next layoff yet?" -4 hours ago
Only Microsoft knows how much money it has already lost on GitHub. Has it exceeded 20 billion dollars? Maybe just 10? (The company is falling deeper and deeper into debt)
We'll probably never know.
As a company, GitHub is no more (ignore the gossip and blurbs about the CEO, it's a distraction from the real news) and financial losses by the company are tremendous and predate Microsoft (we used to find charts that showed how 'free hosting' actually meant "we subsidise at a loss your hosting"). Up until 2017 or 2018 GitHub never made any money; it only ever lost money. In 2020 Microsoft admitted that there was further contraction after it had taken over, which must mean further losses. Don't be so shocked if Microsoft lost over a billion dollars per year on GitHub or over 10 billion dollars since 2018. As the founder of Blender put it, one must never become dependent on a company whose business model is burning investors' money like Uber did; at the end it'll cost a lot. He was talking about GitHub.
From now on it'll be hard if not impossible to see GitHub layoffs. It'll also be impossible to know just how much money Microsoft lost on GitHub. It'll just throw this in the "investment in AI" (that means, losing money in the name of "AI") bucket. It should be noted that, as per admissions from Microsoft, it only ever lost money from Plagiarism-as-a-Service with GitHub repositories. We'll cover this in the future in relation to the Serial Strangler from Microsoft. This vapourware will never pay off; it's just part of the Ponzi scheme - another thing the Serial Strangler from Microsoft is connected to. █
Yesterday:
- GitHub the Company Has, in Effect, Just Died (Time to Look for Alternatives)
- Our Predictions Were Right: GitHub Dying as Losses Pile Up (as a Company It Cannot Continue to Exist, It's Not 'Free Hosting')
- It Looks More Like Microsoft GitHub Layoffs
- Richard Stallman Will Not Miss Microsoft GitHub, It Was Only Good at Harvesting a Lot of Code for Plagiarism-as-a-Service