For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost more than $600 billion in market value, Zuckerberg has started speaking Wall Street’s language — and they are rewarding him for it.
In its earnings report, Meta said it has cut its guidance for capital expenditures for 2023 down slightly to between $30 billion and $33 billion, citing plans for lower data center construction spending.
Fools and their money.......
URGENT 🆘️ Three young Iranian protesters, ArshiaTakdastan, JavadRouhi and MehdiMohammadiFard have been sentenced to death after sham and unfair trials. They are under severe torture. IRGC forces have brutally beaten and raped them for days. PLEASE BE THEIR VOICE!