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The name change and shift in focus were almost certainly because they were losing users and revenue and they saw no future growth for Facebook and Facebook’s na
by etempleton 5y ago
The name change and shift in focus were almost certainly because they were losing users and revenue and they saw no future growth for Facebook and Facebook’s name has been sufficiently dragged through the mud.
In the future you can hear Zuckerberg saying, “all those privacy issues were regrettable issues with Facebook, not Meta.”
The hope has to be to create a platform. Sell devices. Take a cut from App Store sales. Some advertising, but not nearly as invasive or core to the business model.