News Formal

Meta employees lose confidence in company leadership, Zuckerberg

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Only 26% of Meta employees are confident in Mark Zuckerberg and company leadership, according to a new report

A Meta spokesperson challenged the idea that the company is backing away from the Metaverse, pointing to what Zuckerberg said during the company's most recent earnings call.

"Beyond AI, the other major technology wave we're focused on is the metaverse," Zuckerberg said."A narrative has developed that we're somehow moving away from focusing on the metaverse vision, so I just want to say upfront that that's not accurate. We've been focusing on both AI and the metaverse for years now, and we will continue to focus on both."

Wall Street disagrees. Meta stock is up 112% year-to-date. Some of the firm's AI bets are beginning to pay off,Sign up for notifications from Insider! Stay up to date with what you want to know.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta CEO Mark Zuckerberg touts to employees 'incredible breakthroughs' the company has seen in A.I.In a meeting on Thursday, Meta CEO Mark Zuckerberg told employees about the company's artificial intelligence efforts and their relation to the metaverse.
Source: CNBC - 🏆 12. / 72 Read more »