Home Metaverse Zuckerberg will continue to pour money into Metaverse, but where is the ‘magic’ in the company’s Metaverse products at this time? – Metaplatforms (NASDAQ:META)

Zuckerberg will continue to pour money into Metaverse, but where is the ‘magic’ in the company’s Metaverse products at this time? – Metaplatforms (NASDAQ:META)

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Zuckerberg will continue to pour money into Metaverse, but where is the ‘magic’ in the company’s Metaverse products at this time?  – Metaplatforms (NASDAQ:META)

Source: news.google.com

metaplatforms GOAL It has seen better days.

As the company goes back into defense mode in the face of a massive wave of layoffs, all eyes turn to the CEO. mark zuckerberg and their hopes of replicating FacebookThe success of Web 2 in developing an early version of the metaverse.

Various issues, from technical to cultural, still impede Meta’s success in the metaverse and are causing quarterly losses for the tech giant.

Mark Zuckerberg and a metaverse dream

Meta started 2022 on the wrong foot, when the world learned that the user base of Facebook, the company’s flagship product, declined for the first time in its 17-year history.

On Wednesday, a pained Zuckerberg announced that the company will lay off 11,000 employees, or about 13% of its workforce of 87,000.

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