Tag: Zuckerberg

Mark Zuckerberg Acknowledges Failure of His Major Investment After $70 Billion Loss

Meta CEO Mark Zuckerberg seems to have finally realised that one of the company’s biggest bets—Metaverse—is not working (or not working as expected). It is also the technology that the company changed its very name after. In 2021, after 17 years of being called Facebook, the social networking parent company behind Facebook, Instagram, WhatsApp and…

December 7, 2025

► Necessary Cookies Standard

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

None

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

None

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

None

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.

None

Mark Zuckerberg Acknowledges Failure of His Major Investment After $70 Billion Loss