Podknife - Facebook’s Metaverse Growing Pains Give Investors a Reality Check by WSJ Tech News Briefing

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Facebook’s Metaverse Growing Pains Give Investors a Reality Check

Podcast |: WSJ Tech News Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Gadgets,; Tech News,; Technology
Categories Via RSS |: News,; Tech News
Publication Date |: Feb 04, 2022
Episode Duration |: 00:12:44

Facebook’s parent company Meta wants to reposition itself for the metaverse, and it’s spending heavily to do so. But for the moment it’s still a social-media company, one that reported one million fewer daily active users last quarter and a slowdown in advertising sales. Tech reporter Meghan Bobrowsky joins host Zoe Thomas to discuss how investors are reacting and what it means for the wider tech landscape. Learn more about your ad choices. Visit megaphone.fm/adchoices

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