Is it time to buy Meta stock? jimcramer discusses the company following his interview with CEO Mark Zuckerberg.
CEO Mark Zuckerberg told CNBC's Jim Cramer on Wednesday that the metaverse could be a considerable part of the social network operator's business in the second half of the decade.
But the company's investment in augmented reality and virtual reality dates back to 2014, when it paid $2 billion for headset maker Oculus VR. Shipments of headsets have Experiences in the metaverse can be more immersive than text, photos or videos, which are pervasive on Meta's Facebook and Instagram, and so it will be a big theme for Meta over the next decade, Zuckerberg said.
"We are at this point, you know, a company that can afford to make some big long-term research investments, and this is a big focus," he said.Meta Platforms had 3.64 billion monthly active people across its family of applications in, up 6% year over year. WhatsApp reached 2 billion users in 2020, and it's also an area where Zuckerberg sees the potential for growth.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Why Kate Middleton Wore White to Mark Windrush Day: Body Language ExpertIris Goldsztajn is a London-based journalist, editor and author. She is the morning editor at Marie Claire, and her work has appeared in the likes of InStyle, Cosmopolitan, Bustle and Shape. Iris writes about everything from celebrity news and relationship advice to the pitfalls of diet culture and the joys of exercise. She has many opinions on Harry Styles, and can typically be found eating her body weight in cheap chocolate.
Weiterlesen »
USD/JPY flirts with daily low, still comfortable above 135.00 mark ahead of US data/PowellUSD/JPY flirts with daily low, still comfortable above 135.00 mark ahead of US data/Powell By HareshMenghani USDJPY Recession Fed BOJ Currencies
Weiterlesen »
GBP/USD pares intraday losses, keeps the red near 1.2200 mark amid stronger USDThe GBP/USD pair struggled to capitalize on the overnight solid bounce of around 100 pips from the weekly low and attracted some selling for the secon
Weiterlesen »
Mark Williams Is Here to Kill Small BallMark Williams is here to silent any doubts about his game. MichaelVPina spoke to the NBA draft prospect about his fit in the league
Weiterlesen »
Mark Cuban’s new drug company exposes billions in government overspendingThe United States government could save billions of healthcare dollars if it purchased generic drugs at the prices offered by Mark Cuban’s new online pharmacy that was launched this year.
Weiterlesen »
The Duchess of Cambridge steps out in chic white two-piece suit to mark Windrush DayThe Duke & Duchess of Cambridge visited Waterloo station for the reveal of the monument that celebrates the dreams and courage of all of those from the Windrush generation.
Weiterlesen »