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Meta’s Calamitous Week Won’t Stop Mark Zuckerberg’s Plans

Por: Slate Tech October 28, 2022

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This article is from , a newsletter by Alex Kantrowitz. It felt like a Liz Truss moment. After Mark Zuckerberg pledged to keep sinking billions into an unproven metaverse, the market revolted on Wednesday. Meta stock dropped 20 percent and kept falling on Thursday. The company is now down 71 percent this year. It’s lost more than $700 billion in market cap and Zuckerberg’s  of his personal fortune. Investors who counted on the company... + full article



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