Meta's stock fell 23% Thursday after the third quarter's results were released. The data showed the Reality Labs division (which encompasses its VR, XR, and Metaverse) posted US$ 3.7 billion in operating losses.
Mark Zuckerberg's Meta, the parent company owning social media giants Facebook and Instagram will not object to postings calling for violence if they are addressed at the Russian Federation or members of its government, particularly President Vladimir Putin, whose death may be freely wished for.
As Facebook CEO Mark Zuckerberg announced this week the company would be changing its name to Meta, public perception was quick to establish the decision was a response to a matter of public acceptance hitting record lows and many regarded the move as purely “cosmetic.”