Why Facebook is Failing? | Meta Business Model and Crash Analysis | Pavan Sathiraju
73Meta formerly Facebook is losing money and crumbling. In 2019 Facebook changed its name to Meta. in 2012 Facebook acquired Instagram. In 2014 Facebook acquired WhatsApp. Right now Instagram and WhatsApp are also owned by Meta.
Now Meta is having a tough time. Mark Zuckerberg's social media empire is crashing. Recently Meta apologized for the longest outage of WhatsApp. But that is the least of its concerns. In this video, we will see why Facebook and Instagram are failing. Facebook stock value is also crashing. Many experts claim that Meta formerly Facebook is dying.
It is important for us to know why Facebook is failing. After a data leak story about Facebook, many people started quitting Facebook and Instagram. But it didn’t impact Meta much. Right now, most people have basically stopped using Facebook. And the efforts of Mark Zuckerberg to rebrand FB to Meta have failed. Most people are not interested in what Metaverse if offering.
As students of Business, we can learn a lot from Facebook’s failure story. Facebook is trying to overcome these failures. But will Meta be able to come out of this crisis? We can understand Meta formerly Facebook’s Business model. The Facebook stock analysis will tell you how it is losing value and money. Watch the video till the end to know if Facebook can recover from this crisis.
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