No. 2: Meta Tsunami critical stories

Despite making it easy to activate Cheetos, Meta has had a rough couple of weeks thanks to a slew of critical stories from various media outlets. The stories, which include deep dives from The New York Times, The Wall Street Journal and The Verge, focus on Meta’s strategy for the metaverse and point out that the project so far is performing poorly. The Journal, for example, found that Meta initially set a year-end goal of reaching 500,000 monthly active users for its Horizon World platform, but has currently fallen short of 200,000.

On the other hand, The Verge reported on the lack of use of Meta’s products by its own employees, while also indicating excessive bugs and internal frustration on the part of project leaders. The Times further summed up the confusion…