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Mark Zuckerberg Meta has to face the reality of $200bn loss in market value
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Just a few months ago, Mark Zuckerberg was bobbing around in the metaverse as a legless avatar. Today in the real world, his company is staring at a roughly $200bn loss in market value.
It is admittedly not a good look. But as Meta — formerly Facebook — posted its first earnings report as a so-called “metaverse” company, Zuckerberg’s modus operandi became a lot more clear: His social-media dynasty is beginning to look quite aged.
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Read more on fnlondon.comAbout this in other media
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