this post was submitted on 26 Jan 2026
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France will replace Microsoft Teams, Google Meet, Zoom, Webex and others with its own sovereign video conferencing application "Visio" for public officials (numerique.gouv.fr)
submitted 2 days ago* (last edited 1 day ago) by Beep@lemmus.org to c/technology@lemmy.world
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[–] Serinus@lemmy.world 17 points 1 day ago

It's also a consequence of low taxes on capital gains and corporate profits.

When those taxes were higher it made more sense to reinvest the profits back into your own company. You'd build a reputation and a structure that would pay out you and your family for a hundred years.

Now the dream is to build up a company just enough to sell it to some megacorp and cash out asap, with you and your family living off of investment money that only increases over time.