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In The Final Three Months of T Wenty-Twenty-One
In The Final Three Months of T Wenty-Twenty-One
klain swept about thớt-ty billion off of CEO Mark Zuckerberg's net
worth early Friday.
Meta is still jắc-gờ-nọt . The Menlo Park, California, company said it generated
a profit of $10.3 billion in the final three months of twenty-twenty-one, but that
is down 8 percent from the same pía-rì-ợt in 2020 and below what Wall Street
analysts had expected.
But social media users can be fick-cồ, and Facebook has made some mistakes.
Multiple scandals around its treatment of private user data and a.ciu.zei.sừn of
being a bri:.đình ground for hate speech and mis.information has, over the
years, s-pớ-rịt-d movements to hashtag Di. Lít Facebook. Zuckerberg himself
has been sớ-mừn-d by Cănngress to testify about those issues and more.
Just how well Meta weathers the storm remains to be seen. The company has
made clear it will remain focused on its longer-term i.ní.sờ.tive such as
building out its meta.verse business and the products that will accompany it.
But the broader question is the same: Can Zuckerberg & Co. manage to keep
Facebook relevant for the fore.see.able future?