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Meta’s biggest mistakes and glitches in 2022

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Meta’s biggest mistakes and glitches in 2022

Source: news.google.com

Meta has had a tough 2022.

To be fair, no tech company has been immune to macroeconomic struggles this year. But even when a bad hand is dealt, Meta somehow finds a way to make things worse. Sure, TikTok is a serious threat to Meta’s survival, but there’s no greater threat to Meta than his own mistakes. Whether it’s doubling down on recommended content on Instagram or trying too hard to make the metaverse happen, here are six times Meta was his worst enemy.

Losing billions of dollars overnight

In February 2022, Meta made stock market history, but not in a good way. Overnight, Meta lost $237 billionturning it into the Largest one-day valuation drop in US history.. This came after Meta’s disappointing first-quarter earnings that were blamed on the macroeconomic downturn, fierce competition from…

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