Meta-morphosis or More Pain? Possible Futures for Facebook’s Parent Company

Second Life – yes, the virtual world from the ‘00s – is staging a comeback to challenge tech giants like Meta that are throwing billions into the metaverse. Its creator explains to WSJ how he plans to refresh the platform – no VR headsets required. Photo composite: Eve HartleyIt wasn’t that long ago that Facebook seemed to be riding high—with its ad-driven money machine still humming and a valuation that, as recently as September, topped $1 trillion.

Facebook’s parent company, Meta Platforms, is today the poster child of the tech reckoning. And, more so than its fellow tech giants, Meta’s fate in the long run is anyone’s guess. Which makes it an interesting time to ponder how much longer its travails will last, and what it might look like on the other side.

mims Second life, but with ads, tracking and harassment. Sounds like a plan.

mims I will never participate in META. Get. A. Life. A. Real. One.

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Meta lawyers are reportedly investigating Sheryl Sandberg's use of company resources | EngadgetMeta’s lawyers are investigating outgoing COO Sheryl Sandberg amid claims she misused company resources, The Wall Street Journal reports.. Seriously? She was the COO and could do whatever she wished. Plus, she has billions! Why would she use company resources when she's got it all? 'in an attempt to kill a negative story about her former partner, Activision CEO Bobby Kotick.' Preparing to media lynch her too?
Source: engadget - 🏆 276. / 63 Read more »