Facebook’s Mark Zuckerberg Tries Something New (It Looks Desperate)
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The Street
The Street
By Luc Olinga Tycoon’s social media empire faces many challenges including fierce competition from TikTok. Mark Zuckerberg’s plate is full. His Meta Platforms (META) - Get Meta Platforms Inc. Report empire, which includes the social networks and messaging apps Facebook, Instagram, Messenger and WhatsApp, faces a mountain of challenges. The first of these obstacles is, obviously, the macroeconomic environment. Many economists say it’ll be difficult to avoid a recession fueled by 40-year high inflation and a hike in Federal Reserve rates. Households and businesses would thus reduce spending and …
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