Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses.
Listening to CNBC ber case on META: more and more people forming relationships with chatbot and won’t need FB social interaction.
I honestly hope we get a few nukes flying.
then why the f are you on here. Stop using Amazon, your computer, gmail, fb/instagram, stop using your iPhone (yes they collect your data and sell them for ad rev), go naked and live in the woods. Your selective outrage doesn't make any sense. You're okay with one but not the other, it's whatever is convenient for you.
but probably not a short term short.
like sure, he is trying to get agi, but he has the capital to endure a long war there, and if he believes it's worth staking the future of the company there, he will, and it will take a long long time for facebook to die ... and who knows, they might win ! but probably will be somebody more like chatgpt or claude or deepseek that wins ... fb is good but not as good it seems ... but let's see how their new guy does...
I used to own Meta shares when it was FB, around 2013, when my wife was pregnant with our first child. I owned around $30,000 worth of stock at that time, and the price was $23. That summer, Facebook had an earnings call, and one manager said something about "teenagers are declining and moving to the Instagram platform because parents are on the same platform, which is Facebook." That single sentence caused the stock to fall 13% overnight. Year or two later, FB bought Instagram. I sold it all for around $45. Sometimes I think if I had held onto it until now, I would probably be a multimillionaire.