Is Facebook losing its $100bn gamble on virtual reality?
After decades of spectacular “move fast and break things” growth, Zuckerberg’s empire is now looking a little fragile. Meta’s share price has fallen by more than 70% this year. Moneyspinners Facebook and Instagram are losing market share and Gen Z users to fresher rivals like TikTok and Snapchat. Apple’s changes to data privacy last year also decimated revenues – its introduction of an… Read More Is Facebook losing its $100bn gamble on virtual reality?
