Zuckerberg

Meta's Mark Zuckerberg said WhatsApp and Messenger will drive the company's sales growth - although the company has invested at least $36 billion in the Metaverse. Above: Mark Zuckerberg is seen in a leaked video call telling executives he will lay off 11,000 Meta workers

Mark Zuckerberg says WhatsApp business chat will generate revenue and minimize billions spent on VR

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Meta’s Mark Zuckerberg said WhatsApp and Messenger will drive the company’s sales growth – although the company has invested at least $36 billion in the Metaverse. In a company-wide meeting on Thursday, he described the two apps as “very early in monetization” compared to the massive cash flow generated by advertising on Facebook and Instagram. …

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Cramer: Meta layoffs show Mark Zuckerberg 'has religion' on costs, but needs to cut more

Cramer: Meta layoffs show Mark Zuckerberg ‘has religion’ on costs, but needs to cut more

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Club holding Meta Platforms’ (META) announcement on Wednesday that it is laying off approximately 13% of its workforce, or more than 11,000 employees, is a sign to us that CEO Mark Zuckerberg, in the words of Jim Cramer, “has religion” when it comes to trying to control the company’s uncontrollable costs. While we don’t welcome …

Cramer: Meta layoffs show Mark Zuckerberg ‘has religion’ on costs, but needs to cut more Read More »