MCLEOD COMPUTING
DUNCAN McLEOD: Is Mark Zuckerberg lost in the metaverse?
He’s got a high-stakes bet on a future that consumers might spurn
20 October 2022 - 05:00
In the past year, the company that used to be called Facebook has lost almost two-thirds of its market value. It was also a year ago — coincidentally? — that it changed its name to Meta Platforms.
From a market capitalisation of almost $1-trillion, Meta is now worth “just” $340bn — a staggering plunge in shareholder value...
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