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Re:Meta shares drop 20% on Q4 earnings miss, weak outlook by JumpCrisscross on Thursday February 03, 2022 @01:39AM (#30189425)
> Historically Facebook always made these longer-term bets and they've typically paid off

Have they? They're better than Google. But most of Facebook's side gigs fizzled. Their last bold leap was from desktop to mobile, and that was only by averting disaster with their Instagram acquisition.

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