Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California on October 6, 2016.
Synopsis
Zuckerberg’s surprise share sale and his ‘delicious’ beef project fuels scepticism amid concerns over Meta’s future. This comes at a pivotal moment for Meta, which is facing mounting regulatory pressure while grappling with a rapidly shifting digital landscape. Will this be a turning point for the tech giant?
Mark Zuckerberg built Facebook based on his five-word motto — “Move fast and break things”. Rebranded as Meta in 2021, the social-media giant seems to be headed for challenging times. With the founder selling shares worth USD428 million late last year even as Meta’s stock skyrocketed 194%, Wall Street has turned apprehensive at a time when regulatory changes, shifting user behaviour, and rapid advancements in technology are casting a shadow on
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