In this episode, we discuss Meta’s dramatic fall from the top, and the reasoning behind it. The company has surrendered 70 percent of its stock value over the past year — a huge reversal of fortune for investors who have grown increasingly disgruntled over CEO Mark Zuckerberg.
He has neglected Meta’s core business — originally embodied by the social media platform Facebook — as he pursues his Meta virtual reality dreams. How long can the company withstand his impractical stewardship? More from ColdFusion, an Australian-based online media company.