1 / 2

6 Reasons that Meta is in Trouble

<br>The company formerly known as Facebook has hit major turbulence as it suffered its biggest one-day wipeout ever.<br>

DiyaJain
Download Presentation

6 Reasons that Meta is in Trouble

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Downloaded from: justpaste.it/3kbgd 6 Reasons that Meta is in Trouble The company formerly known as Facebook has hit major turbulence as it suffered its biggest one-day wipeout ever. Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 billion. Its crash followed a dismal earnings report on Wednesday, when Mark Zuckerberg, the chief executive, laid out how the company was navigating a tricky transition from social networking toward the so-called virtual world of the metaverse. On Thursday, a company spokesman reiterated statements from its earnings announcement and declined to comment further. Here are six reasons that Meta is in a difficult spot. User growth has hit a ceiling. The salad days of Facebook’s wild user growth are over.

  2. Even though the company on Wednesday recorded modest gains in new users across its so- called family of apps — which includes...read more

More Related