Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Meta Platforms, Inc Chief. Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company’s next wave of sales growth, as he sought to assuage concerns about Meta’s finances after its first mass layoffs.

Mr. Zuckerberg, addressing pointed questions at a company-wide meeting a week after Meta said it would lay off 11,000 workers, described the pair of messaging apps as being “very early in monetizing” compared to its advertising juggernauts Facebook and Instagram, according to remarks heard by Reuters.

Investors have questioned the wisdom of that decision as Meta’s core advertising business has struggled this year, more than halving its stock price. Within Reality Labs, the unit was spending over half of its budget on augmented reality , with smart glasses products continuing to emerge “over the next few years” and some “truly great” AR glasses later in the decade, Mr. Zuckerberg said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 9. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Zuckerberg says WhatsApp business chat will drive sales sooner than metaverseZuckerberg highlights monetizing opportunities for WhatsApp and Messenger, signaling a shift in tone away from its focus on metaverse investments.
La source: rapplerdotcom - 🏆 4. / 86 Lire la suite »

Global stocks slip, dollar steady as retail sales tip Fed outlookGlobal stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clouded the inflation outlook and hopes that the Federal Reserve could ease its aggressive interest rate hikes. |Reuters
La source: inquirerdotnet - 🏆 3. / 86 Lire la suite »