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Meta logs another revenue decline amid concerns over metaverse plans

Meta (formerly Facebook) has posted another quarterly revenue decline as investors begin to lose faith in its loss-making, billion-dollars metaverse dream.In the third quarter (Q3), Meta's revenue declined 4 per cent year over year to hit $27.7 . ....

San Francisco , United States , Brad Gerstner , David Wehner , Mark Zuckerberg , Reality Labs , Altimeter Capital Chair ,

Meta must cut 20 percent jobs, reduce spending on metaverse: Key investor tells Mark Zuckerberg

Meta must cut 20 percent jobs, reduce spending on metaverse: Key investor ....

Brad Gerstner , Mark Zuckerberg , It Ministry , Altimeter Capital Chair , Horizon World , Silicon Valley , Reality Labs , Mark Zuckerberg , Facebook News , Facebook Update , Meta News ,

In letter to Mark Zuckerberg investor takes issue with the metaverse vision

In letter to Mark Zuckerberg investor takes issue with the metaverse vision - SiliconANGLE ....

Andy Jassy , Michael Dell , Pat Gelsinger , Brad Gerstner , Mark Zuckerberg , Cube Club , Meta Platforms Inc , Amazon Web Services , Cube Event Community , Meta Platforms , Altimeter Capital Chair , Chief Executive Brad Gerstner , Reality Labs , Silicon Valley , John Furrier , Dell Technologies , James Farrell , In Letter To Mark Zuckerberg Investor Takes Issue With The Metaverse Vision ,

Meta must cut 20% jobs, reduce spending on metaverse: Key investor

In a sharp criticism of Meta CEO Mark Zuckerberg, a key long-term investor in the company has said that the social network needs to reduce more headcounts and stop spending too much on metaverse to get its "mojo back".In an open . ....

San Francisco , United States , Brad Gerstner , Mark Zuckerberg , Altimeter Capital Chair , Horizon World , Silicon Valley , Reality Labs ,

Key Meta investor slams Zuckerberg for spending too much in the metaverse

He said that in order to achieve profits, the company needs to reduce headcount expense by at least 20 per cent by January 1, 2023, reduce annual capex by at least $5 billion. ....

Brad Gerstner , Mark Zuckerberg , Altimeter Capital Chair , Horizon World , Silicon Valley , Reality Labs ,