Mark Zuckerberg and Facebook Take Tough Decisions

Published by
The Street

By Luc Olinga Social-media giant Facebook is going through a tough time marked by stagnant growth. Facebook is starting to look like a shadow of its former self. The giant social-media company, now known as Meta Platforms (META) – Get Meta Platforms Inc. Report, has been on a slide this year, with the shares down 58%. The market capitalization of the owner of Instagram and WhatsApp is now only $383 billion, the lowest level Mark Zuckerberg’s empire has reached since 2019. At that time Facebook was mired in the Cambridge Analytica scandal. The social network had allowed the consulting firm, whi…

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