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Showing posts with the label $FB

My investing muse - should we still invest into Meta (09Feb2022)

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  ‌ $Meta Platforms, Inc.(FB)$   ‌has suffered much losses recently after a weaker than expected guidance.  Though the quarter's revenue fell short (estimated $29.57B versus actual of $29.01B), the EPS was better than expected (estimated $3.19 vs actual $3.22). Some notable concerns have been raised: Quarter's daily user  is lesser than estimated, arriving at 1.929B versus estimate of 1.93B Reality Lab  (which is researching and creating the various A/R, V/R hardware) conctinued to suffer losses since 2019.  This is an important pivot for Meta and currently, there are no signs that Meta is in the lead in any metaverse domain as yet. Europe's privacy issues  (extract from their SEC submission): The tech giant took issue with European privacy regulations that, it said, complicate its platforms’ functionality and ad products. Specifically, the rules prohibit cross-border transfers of user data, so Meta can’t process Europeans’ information i...

My investing muse - What's the “META" with Facebook? … a glimpse into metaverse (30Oct2021)

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Metaverse is a hot topic as Facebook changes her corporate brand to   $Meta Platforms, Inc.(FB)$ . Facebook’s aim is to connect people together and they regard metaverse as the next most important experience of connecting people together. Imagine us as characters living in the virtual world of Minecraft or Sim City. This is made possible thanks to hardware such as VR headsets or glasses that are able to superimpose/project/discover digital content before our very eyes. In essence, social networking will move from a web/screen experience to virtual reality or augmented reality setting. A. Virtual Reality (VR) Let us talk about the first one … virtual reality by means of a VR headset. Horizon Home (by Meta) is a digital home that we can fashion, decorate, design - perhaps decorate with digital art that is purchased with metaverse currency (or crypto-like NFT or digital currency). This is a place where we can invite our friends to visit. For us, we will be able to have our own avatars...