We're a year into the metamorphosis of Facebook into Meta, and by all indications it seems the transition is putting significant pressure on the company. Meta's share price has dropped by around 70% since the rebrand and user adoption is slow. So how long can Meta continue spending on the Metaverse before investors force it to refocus on its core business? Subscribe to our YouTube Channel: https://www.youtube.com/@thedefragnews Read The Wall Street Journal's investigation into the Metaverse: https://www.wsj.com/articles/meta-metaverse-horizon-worlds-zuckerberg-facebook-internal-documents-11665778961 Sign up to our free newsletter at https://thedefrag.com/ - or become a paid member and get an ad-free feed and bonus episodes. Join our Discord: https://discord.gg/rHb7JVHz42 Follow us on Facebook, Twitter, Instagram, or YouTube.

The Defrag

Lawson Media

Will The Metaverse Destroy Meta?

NOV 29, 202223 MIN
The Defrag

Will The Metaverse Destroy Meta?

NOV 29, 202223 MIN

Description

We're a year into the metamorphosis of Facebook into Meta, and by all indications it seems the transition is putting significant pressure on the company. Meta's share price has dropped by around 70% since the rebrand and user adoption is slow. So how long can Meta continue spending on the Metaverse before investors force it to refocus on its core business?


Subscribe to our YouTube Channel: https://www.youtube.com/@thedefragnews

Read The Wall Street Journal's investigation into the Metaverse: https://www.wsj.com/articles/meta-metaverse-horizon-worlds-zuckerberg-facebook-internal-documents-11665778961


Sign up to our free newsletter at https://thedefrag.com/ - or become a paid member and get an ad-free feed and bonus episodes.

Join our Discord: https://discord.gg/rHb7JVHz42

Follow us on Facebook, Twitter, Instagram, or YouTube.