How Facebook lost its groove

The social media juggernaut famously founded in a Harvard dorm room in 2004 can finally buy beer. Over the last quarter-century, Facebook, which turned 21 on February 4, has evolved from a social networking tool for college students and a place to poke your middle school crush into a social media Goliath that has fundamentally upended the practice of digital advertising.

Once called TheFacebook, the company’s purview as Meta includes Facebook, Instagram, WhatsApp, Threads, and myriad other VR/AR technologies, including its Meta Quest headsets, placed as part of a significant bet on the metaverse, which has been followed by a bigger bet on generative AI and smart glasses.

MORE HERE

Leave a comment