In the world of Tech, it is quite difficult not to mention Meta’s Facebook among anyone’s list of silicon valley tech Giants. Facebook changed the way we interact with people and was the foundation for all things social media.
Meta’s CEO Mark Zuckerberg has been a little bit silent about the social app which has got many and especially the investors on if this might be an issue. Mark is has been determined to push the next level of what the web should be which has been named Web 3.0.
Mark has been a champion of the Metaverse since he announced it early this year, others have flocked to the idea with fear as not to be left out of what might be a new web revolution. This is still a new adoption for everyone as there are few people on it and very little to do when you enter.
Facebook business model has been to connect people while showing ads that generate profit for the company, as it amounts to 85% of thier revenue. Meta’s stock price dropped significantly this past week which has also ‘kicked’ Mark out the top 10 richest people on the planet according to Forbes rankings.