News Snapshot:
Many were a bit confused by the direction Mark Zuckerberg is taking Facebook. He announced last year a rebranding under the name “Meta” with a move toward the metaverse. But the most recent quarterly earnings report showed why changes are being made: Facebook is losing users. Facebook Quarterly Earnings Report For the first time since Zuckerberg conceived of Facebook while sitting in his college dorm room, the social network is losing daily users. It’s the first time in 18 years. This happened in the last three months of 2021, around the time of the Meta announcement. Not that Facebook only...
