Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by zepto on Wednesday February 02, 2022 @09:46PM
(#30187850)
They can’t buy TikTok, and it’s too late to copy it.
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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by rdtwo on Wednesday February 02, 2022 @09:48PM
(#30187878)
Probably not but the TikTok has to pivot before they loose steam and start being a coglomorate otherwise they Will eventually fade so it depends on how successfully they execute this. Meantime Facebook just needs to catch the next TikTok to be relevant again.
Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by zepto on Thursday February 03, 2022 @10:02AM
(#30193272)
Both companies have to keep evolving to stay relevant, yes.
One is declining and reviled, and the other is growing and seen as fun.
That’s the only difference.
Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by rdtwo on Thursday February 03, 2022 @11:38AM
(#30194651)
But one sits on a mountain of cash and the other on just a hill
Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by zepto on Thursday February 03, 2022 @02:02PM
(#30197045)
I guess you are not aware that TikTok is both highly profitable and valuable.
Re:Meta shares drop 20% on Q4 earnings miss, weak outlook
by rdtwo on Thursday February 03, 2022 @05:16PM
(#30199797)
But it’s not Facebook size yet