Posted on 09/30/2022 9:05:08 AM PDT by conservative98
Meta is trading at its lowest since early 2019, and the stock is one of the worst performers this year in the S&P 500.
The company’s problems are mounting, whether it’s the ad hit from Apple’s iOS changes or the growing threat posed by TikTok.
“I’m not sure there’s a core business that works anymore at Facebook,” said Laura Martin, an analyst at Needham.
(Excerpt) Read more at cnbc.com ...
Can’t die fast enough.
I would be happy to see Facebook go the way of Myspace and Geocities.
I could easily see facebook being revamped and be 100% commercial. vendors showing their ware launching products and selling on there.
and facebook taking a commission. Basically a vendor driven/ direct Amazon.
I’ve been Facebook free for two years and love it. I placed the Zuck in my ‘prison’ permanently.
great news - Facebook/Meta has earned every bad thing that could possibly happen to them
Meta Platforms Inc - Class A
NASDAQ: META
139.06 USD
-202.12 (-59.70%)
Conservatives are welcome on TikTok. This lady from China married a southern man years ago, and is a US citizen now. Lots of examples of this on TikTok. Facistbook? Not so much.
https://www.tiktok.com/t/ZTRmmD7Ua/
The headline speaks of Facebook’s ‘death spiral’, but I’ll bet it remains worth billions. In other words, I doubt if Facebook will be going the same way as AOL or MySpace.
I wish the Dragons of Facebook would be felled or greatly diminished in influence, but, not holding breath on that.
Agree. It was fun for a while. Hard to believe people still post their life on FB.
In the immortal words of one institutional investor when describing many of these tech stocks a few years ago ...
"I will never invest in a company built on a software platform that can be replicated by a bunch of smart guys working in a garage over a long weekend."
That sounds like he's describing Facebook to a T.
“rather than scrolling past political rants from distant relatives with whom they mistakenly connected on Facebook.”
yep
I never took the Facebook jab 💉💉💉💉.....
myspace is waiting for you
in the social media graveyard
“Conservatives are welcome on TikTok. This lady from China married a southern man years ago, and is a US citizen now. Lots of examples of this on TikTok. Facistbook? Not so much.”
Chins loves collecting everyone’s dats!
Don’t go away mad, sad....
Just go away.
Facebook Marketplace probably keeps the website going even now.
gee, that’s a shame...
My wife was wondering who was originating all these dangerous TikTok challenges. I replied, “The Chinese?”
Kudos to Elon Musk for exposing how many these social media companies had a large number of “bot” accounts.
“I would be happy to see Facebook go the way of Myspace and Geocities.”
I’d like to see it be bought by Gab or Truth Social
I dumped my Facebook, Instagram, Pinterest, and MySpace (version 2) a long time ago.
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