Fiercer competition from other social networking platforms such as TikTok, the huge investments and the risk involved in turning to the so-called metaverse and Apple’s new privacy policy are the three main reasons for the shock results and financial forecasts of Meta, causing the unprecedented fall of its shares on the stock exchange – more or less equivalent in value to the GDP of Greece.
Tag: meta
According to sources close to the matter, the deal is valued at anywhere between €70 and €100…
In a bid to distance itself from a series of embarrassing scandals, Facebook renames itself ‘Meta’. Like so many other things, we have the ancient Greeks to thank for the word ‘meta’, which was a word they used to mean “after” or “beyond.”
Mark Zuckerberg, the founder of Facebook, announced yesterday that the parent company will change its…