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Behind Facebook's Slip, New Rivals, Tighter Rules And An Apple Tweak

Behind Facebook's Slip, New Rivals, Tighter Rules And An Apple Tweak

NDTV
Friday, February 04, 2022 02:52:36 AM UTC

While Facebook has previously seen shares climb despite fines and regulatory threats, this time they plummeted in what an analyst called "a perfect storm"

Facebook parent Meta saw investors flee on Thursday rather than buckle up for what could be a long ride towards the firm's metaverse vision for the internet's future.

While the tech titan has previously seen shares climb despite fines, regulatory threats, misinformation woes and harassment troubles -- this time they plummeted in what one analyst called "a perfect storm".

Here are key factors shaking confidence in the social media giant:

TikTok to Telegram

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