in an exceptionally ironic moment if you know what Facebook did to newsrooms around the country, Meta is… pivoting to video?
At a company-wide virtual meeting, Zuckerberg explained that the historic stock drop was a result of Meta’s weak forecast for revenue in the current quarter, according to a person who attended and was not authorized to speak about it. It is important to focus on growing Facebook’s short-video product, he said.
Zuckerberg echoed his remarks of a day earlier to investors, telling employees that the social networking giant faced an “unprecedented level of competition,” with the rise of TikTok, the rival viral-video platform. Meta’s Instagram app has a copycat of TikTok called Reels, which the company is now prioritizing.
This is spicy stuff here. I, truly (from my inner most being…if that exists), want Meta/Facebook to come crashing down into dust and vanish completely,
in an exceptionally ironic moment if you know what Facebook did to newsrooms around the country, Meta is… pivoting to video?
This is spicy stuff here. I, truly (from my inner most being…if that exists), want Meta/Facebook to come crashing down into dust and vanish completely,