Finance Monthly - March 2022

Mark Zuckerberg coined a famous motto: “Move fast and break things. Unless you are breaking things you are not moving fast enough.” Things are certainly moving fast for Meta, the parent of Facebook – but not in a good way. It very much looks broken. Behind its mega-stock status and flash offices, Meta faces unprecedented threats from its unravelling business model, crashing advertising revenues, product obsolescence, regulatory threats, and from the unknowns of trying to reinvent itself at the centre of where Zuckerberg sees himself dominating next; the “Metaverse”. Whatever that might turn out to be. Finance Monthly. Bus i ne s s & Economy 13

RkJQdWJsaXNoZXIy Mjk3Mzkz