It wasn’t that long ago that Facebook seemed to be riding high—with its ad-driven money machine still humming and a valuation that, as recently as September, topped $1 trillion.

Facebook’s parent company, Meta Platforms, is today the poster child of the tech reckoning. And, more so than its fellow tech giants, Meta’s fate in the long run is anyone’s guess. Which makes it an interesting time to ponder how much longer its travails will last, and what it might look like on the other side.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Your Local Newspaper Might Not Have a Single Reporter

Nov. 24, 2023 5:30 am ET Listen (1 min) The Gleaner, the…

Biden says U.S. will defend Taiwan militarily if China invades

President Joe Biden said Monday that the United States would be willing…

Conagra Sales Rise, Profit Falls as Inflation Eases

What to Read Next This post first appeared on wsj.com

Olympic bobsledder Elana Meyers Taylor becomes most decorated Black athlete in Winter Olympics history

Olympic bobsledder Elana Meyers Taylor has just made history by becoming the…