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Results found for "metaverse"


Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
Published: Friday, December 9th, 2022 @ 12:07 am By: Daily Wire
Shares of Meta plunged nearly 24% on Thursday as the social media company severely missed quarterly earnings expectations amid criticism of bloated payrolls and distracted spending.
 
Altimeter Capital Management pressed Meta CEO Mark Zuckerburg to reform the company’s hiring practices and focus on core competencies in a Monday investor letter.
Altimeter Capital Management pressed Meta CEO Mark Zuckerburg to reform the company’s hiring practices and focus on core competencies in a Monday investor letter.
 

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