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Meta investor urges company to slash headcount, slow metaverse spending

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Altimeter Capital argues the changes would double Meta's free cash flow to $40 billion per year, improve its stock price and make a leaner, more productive and focused company.

Circle Squared Alternative Investments founder Jeff Sica discusses Big Tech earnings and why Musk's potential Twitter deal is a bad idea on 'Varney & Co.'and the tech giant's board of directors to cut back on the company's headcount and spending on its metaverse ambitions.

and pivot its focus to the metaverse, an immersive online space where users can interact with each other as avatars in a computer-generated environment. MARK ZUCKERBERG'S PRIVATE JET BURNED $158,000 WORTH OF FUEL IN TWO MONTHS DESPITE FREQUENT CLIMATE ACTIVISM

 

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