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Search resuls for: "Zuckerberg's Meta"


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☆ Meet the wealthy ex-Goldman Sachs junior banker and hedge-fund manager taking over as the UK's new prime minister
  + stars: | 2022-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
We've got famous authors yelling at Jamie Dimon, rich Russians heading to your favorite all-inclusive, and more people complaining about Mark Zuckerberg's metaverse infatuation. The UK has a new prime minister — no, it's not the head of lettuce — and he comes from the world of Wall Street! Rishi Sunak, a former finance minister, officially became prime minister on Tuesday after meeting with King Charles. Sunak's early career reads like a typical Wall Street mogul:-Spend three years working as a junior analyst at a bank (Goldman Sachs). Grenada is proving to be an effective loophole for wealthy Russians looking to get US visas.
☆ Mark Zuckerberg should dial down the metaverse crap and make Facebook 'Facebook' again
  + stars: | 2022-10-23 | by ( Travis Clark | ) www.businessinsider.com   time to read: +6 min
Mark Zuckerberg is going all in on the metaverse, but he should re-focus on other things. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyMeta, the company formerly known as Facebook, should start focusing on making Facebook Facebook again. Over the past year, CEO Mark Zuckerberg has zeroed in on his passion project: the metaverse. Zuckerberg should instead dial that down and prioritize bolstering his company's core apps, Facebook, Instagram, and WhatsApp, which have felt largely neglected while Meta poured $15 billion into its metaverse project. That hasn't stopped Zuckerberg from making his metaverse push a Meta vs. Apple contest, so it's clearly taking up headspace.
☆ Meta has spent $15 billion so far on its metaverse project. Here are some incredible things that cost less.
  + stars: | 2022-10-16 | by ( Samantha Delouya | ) www.businessinsider.com   time to read: +1 min
Meta's losses from its Reality Labs project total $15 billion since last year, with no end in sight. Meta's losses have come under scrutiny after some were disappointed in Mark Zuckerberg's recent update on the metaverse. Meta's losses from its metaverse project keep stacking up. The hefty price tag on Mark Zuckerberg's metaverse project appears even more substantial when it's put into perspective. Here are other incredible things that cost less than the amount Meta has reported as losses on its Reality Labs project since last year.
☆ It's time for Mark Zuckerberg to step down
  + stars: | 2022-10-13 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +8 min
Mark Zuckerberg should quit. He should step down from his position as CEO of Meta and let someone else manage Facebook, WhatsApp, and Instagram. Zuckerberg was so excited about legs that he jumped for joy as he talked about them. Zuckerberg already has two very profitable platforms — Facebook and Instagram — but their popularity is declining. Internally, employees told the Times, Meta workers refer to metaverse projects as MMH, or "Make Mark Happy,'' projects.
☆ Mark Zuckerberg is making a classic big Silicon Valley mistake — one we last saw made by Marissa Mayer at Yahoo
  + stars: | 2022-10-11 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +7 min
Mark Zuckerberg is making the same mistakes that plagued former Yahoo CEO Marissa Mayer. Zuckerberg, too, is making a big bet on the metaverse, one better suited for the venture capital world. As Meta shifts to become "a metaverse company" amid stalling user growth and slowing ad sales, stories are emerging about the growing pains that have arrived alongside the changes. Zuckerberg's metaverse play isn't unusual in the tech world, it's just not one we've often seen pay off outside the world of venture capital. Marissa Mayer also had an ambitious vision — and it didn't pay offFormer Yahoo CEO Marissa Mayer.
☆ Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, are expecting baby No. 3
  + stars: | 2022-09-21 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +2 min
Mark Zuckerberg and Priscilla Chan are expecting their third child. "Happy to share that Max and August are getting a new baby sister next year!" Zuckerberg and Chan are college sweethearts and have been married since 2012. The Meta CEO announced Wednesday that he and his wife, Priscilla Chan, are expecting their third child, a girl. "Lots of love," Zuckerberg wrote in an Instagram post, accompanied by a selfie of Chan and him.
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