[unable to retrieve full-text content]Meta’s Zuckerberg can’t calm Wall Street’s nerves on AI spending, stock falls 10% Yahoo Finance Source link
Read More »Mark Zuckerberg reportedly said he doesn’t like seeing ‘managers managing managers,’ fueling speculation of more layoffs
Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link
Read More »Mark Zuckerberg reportedly said he doesn’t like seeing ‘managers managing managers,’ fueling speculation of more layoffs
Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to “flatten” the management structure, Command Line said. Managers managing managers managing managers managing… Source link
Read More »Zuckerberg calls Apple’s App Store control not ‘a sustainable or good place to be’
Tesla (TSLA) CEO and new Twitter owner Elon Musk has an ally in his fight with Apple (AAPL): Meta Platforms (META) chief executive Mark Zuckerberg. Speaking Wednesday at the New York Times Dealbook Summit, Zuckerberg criticized the iPhone-maker over App Store policies that for years have negatively impacted his own business. “I do think Apple has singled themselves out as the only company trying to control unilaterally what apps get on the device,” Zuckerberg said. “I don’t think… Source link
Read More »Mark Zuckerberg is trying to do what Google did with Android — but he learned all the wrong lessons
Tim Cook, Mark Zuckerberg.Justin Sullivan/Getty Images (left), David Ramos/Getty Images (right) Meta’s effort to build the metaverse is a way to wrangle back control of consumer data from Apple, experts say. The attempt to gain a competitive advantage over Apple is reminiscent of Google’s effort to build Android. Google’s effort paid off, but it’s likely that Mark Zuckerberg learned the wrong lessons from recent history. Meta wants to wrangle control away from Apple. The company’s multi-billion… Source link
Read More »‘Mark Zuckerberg is telling us he doesn’t think he has a core business’: Meta Analyst
Facebook parent company Meta Platforms (META) stock is getting cooked as the technology company spends money manufacturing virtual reality hardware, generating awareness, and finding friends for a future in the metaverse. The advertising budgets of its customers are tightening as companies restructure costs amid macroeconomic challenges — which even leads an optimistic analyst to say the third quarter for Meta Platforms is ‘make or break’. “I think the stock is back to questions around,… Source link
Read More »Mark Zuckerberg watches as Yan Xiaonan’s submission defense shines in impressive win
Yan Xiaonan moves to 16-3 and closer to a strawweight title shot after her win over Mackenzie Dern on Saturday. (Photo by Jeff Bottari/Zuffa LLC) Mackenzie Dern is one of the most decorated jiu-jitsu artists ever to compete in the UFC, and that ability may yet lift her to a world championship. But it was Yan Xiaonan’s ability to fight off Dern’s dogged submission attempts, particularly in Rounds 2 and 5, that boosted her a step closer to a championship shot. Yan won a majority decision… Source link
Read More »Meta CEO Mark Zuckerberg is ‘derailing right in real-time’
Leadership expert and former Medtronic CEO Bill George ripped Meta CEO Mark Zuckerberg in a wide-ranging interview with Yahoo Finance Live (video above). “Facebook and Mark are not grounded in values, so he is all over the map,” the corporate insider said in a scathing assessment of Zuckerberg’s leadership as CEO. George, known for his very successful stint as Medtronic’s CEO from 1991 to 2001, is the author of new leadership book “True North: Emerging Leader Edition.” In the book, George and… Source link
Read More »Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched Facebook on a similar path? That is the big question investors need to start asking as the Meta Platforms Inc. META,
Read More »Mark Zuckerberg just hinted at an operating system for Meta and said he expects the metaverse to generate hundreds of billions in revenue by the end of the decade
Mark Zuckerberg showing his metaverse avatar during Connect 2021.Facebook The Facebook founder and CEO is anticipating business success with the metaverse later this decade. A Facebook operating system may be needed “in order to deliver on what we want to build,” he said. The company division working on the metaverse is losing billions of dollars a quarter. A Meta Platforms-built operating system could be in the future as Mark Zuckerberg plans for the metaverse to be a major part of the… Source link
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