Newly Christened Meta Gives Disappointing First Look Under the Metaverse Hood

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

In David Fincher's The Social Network, Facebook founder CEO Mark Zuckerberg is portrayed as a driven, socially inept wunderkind who nevertheless manages to create a digital enterprise that completely disrupts the way billions of people socialize.

On Wednesday, investors got their first look at Zuckerberg's second attempt to flip the switch on the way the world communicates. His newly renamed Meta Platforms reported financials for the first time since its CEO unveiled his newfound determination to build a metaverse where humans live out more and more of their lives in digital avatar form.

Continue reading


Source Fool.com