According to the FTX CEO, Facebook's growth stop did not have anything to do with newer competitors, but rather with the company itself.
However, SBF highlighted “the vague Meta guidance” and how the investors have decided to spend $10 billion per year in the Metaverse. The intent to infuse $10 billion yearly strengthens Zuckerberg’s position as a believer in the Metaverse.
On an end note, SBF reiterated that Facebook had already won by becoming the largest social media network. “So what's next? Start building Social Media 3.0,” concluded SBF.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Meta Quest Pro: Where to Buy the High-End VR Device OnlineMeta Quest Pro retails for $1,499.99. Here are places to buy the newly released VR system.
Weiterlesen »
Google, Meta, Apple CEOs walk recession tightropeFOX Business takes a look at what the CEOs of Apple, Amazon, Alphabet, Meta and Microsoft have said that may give insight into how the coming months could be.
Weiterlesen »
Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dipThose hands are starting to feel diamond. Bitcoin is decoupling from big tech as disappointing earnings fail to spark major BTC price losses. (Reporting via WilliamSuberg)
Weiterlesen »
PolitiFact - Meta sounds like the Hebrew word for “dead,” but the company livesMeta sounds like the Hebrew word for “dead,” but the company isn’t dead and its assets haven't been seized, contrary to a recent Instagram post.
Weiterlesen »
Judge orders Meta to pay $10.5M in legal fees to WashingtonFacebook parent company Meta has been ordered to pay $10.5 million in legal fees to Washington state atop a nearly $25 million fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days after he hit the social media giant with what is believed to be the largest campaign finance fine in U.S. history, The Seattle Times reported. The money is to go to the state Public Disclosure Commission, which enforces campaign finance laws.
Weiterlesen »