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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by paxys on Wednesday February 02, 2022 @08:57PM (#30187422)
Disagree about them "betting the farm" on metaverse. They may be throwing some advertising dollars behind it, but it is clear that the bulk of their efforts are still focused on their core apps (Facebook, Instagram, WhatsApp) and the competition with TikTok. I doubt the product and engineering teams are as invested in metaverse as Zuck wants the world to believe.

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