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In this episode we discuss Meta’s dramatic fall from the top, and the reasoning behind it.

— About ColdFusion —
ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009. Topics cover anything in science, technology, history and business in a calm and relaxed environment.

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— “New Thinking” written by Dagogo Altraide —
This book was rated the 9th best technology history book by book authority.
In the book you’ll learn the stories of those who invented the things we use everyday and how it all fits together to form our modern world.
Get the book on Amazon: http://bit.ly/NewThinkingbook
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Sources:

RT Games: https://youtu.be/UdqrFa6pWLA

https://www.news.com.au/finance/business/technology/meta-staff-fired-for-hijacking-users-accounts-allegedly-taking-bribes/news-story/c5fe9ebebfa75afc645711d2b79b8a33?amp

https://techcrunch.com/2022/10/27/meta-stock-yikes/

https://www.nytimes.com/2022/02/03/technology/facebook-meta-challenges.html

https://www.nytimes.com/2022/08/22/briefing/facebook-metaverse-meta-problems.html

https://www.gizchina.com/2022/10/29/meta-is-experiencing-serious-problems-due-to-the-metaverse/amp/

https://www.forbes.com/sites/paultassi/2022/10/12/mark-zuckerbergs-metaverse-is-solving-no-problems/amp/

https://www.axios.com/2022/11/10/meta-facebook-foundation-crumbling-advertising-revenue

https://www.gizmodo.com.au/2022/11/one-year-after-facebook-went-meta-its-built-a-multiverse-of-problems/amp/

My Music Channel: https://www.youtube.com/channel/UCGkpFfEMF0eMJlh9xXj2lMw

//Soundtrack//

Kazukii – Milo

Andre Sobota – Concluded

Madison Beer – Carried Away (Tchami Remix)

Ed Carlsen – Cage (Clemens Ruh Remix)

Trevor Ransom – Perspective

Burn Water – Take Flight

» Music I produce | http://burnwater.bandcamp.com or
» http://www.soundcloud.com/burnwater
» https://www.patreon.com/ColdFusion_TV
» Collection of music used in videos: https://www.youtube.com/watch?v=YOrJJKW31OA

Producer: Dagogo Altraide

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39 thoughts on “Why Meta Dropped 70%

  1. The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stoc,ks, Gold, silver and digital currencies.

  2. Almost nobody wants your Meta, Mark. We want the real thing – real relationships, real effort for each other's happiness, real touch, real intimacy, real kisses, real love (as opposed digital one).

  3. I can tell you from experience the main reason for the massive exit from Facebook is due to the constant evolving terms of use and the insane madness of MAGAT and Trump. Hurt one of their feelings they report everything off your page.

  4. Is this channel's engagement a bit inflated? The comments are ridiculous.
    This video very poorly explains why Meta fell "70%" as well. Just wow.

  5. Words mean nothing to this man. He doesn't know the meaning of the phrase 'take full responsibility', and the result is that he 'takes full responsibility' yet he gets to keep his job. The unfortunate 11,000, who are not responsible for what has happened, lose theirs.

  6. linden labs has been trying to do the metaverse for 15 years already. second life is all but dead and VR never happened

    anybody who thinks that the metaverse is going to happen is daft out of his brain

  7. My reserve of $450,000 is being wiped out by inflation, and I'm saddened that despite investing, I lack the mental capacity to analyze each company's performance and determine whether now is a good time to buy stocks or not. I honestly don't know what to do at this point; I need reliable market trajectory data.

  8. So many people say VR is the future but what about those of us who get severe, nearly debilitating motion sickness and migraines after a few moments in a headset? I gather it’s not that uncommon, many people have really bad experiences with VR. I just can’t see it ever being adopted even close to how ubiquitous smart phones are.

  9. Are we in a new world where the megalomaniac CEOs of Meta/Facebook & Twitter/Tesla are destroying their companies? Could there actually be consequences for billionaires? It looks like it. But then again, they still sit on mountains of money they made when people naively thought they were cool.

  10. I’m not sure i buy that a meta verse is the future at all. The internet came about because it allowed us to communicate faster and more cheaply. What does VR accomplish that a phone couldn’t do faster?

  11. Facebook is honestly so terrible. We might need to change social media apps so they mirror the current social era, these days everyone just wants to fight online… and so FB has been solidified in that market where it’s middle aged people complaining.. that’s their current market. Think it’ll be sustainable? Probably not. They need to rethink and remarket themselves

  12. My family, friends, and I, use Facebook to keep in touch. Unfortunately, no one seems to be minding the store as the app jumps all around, when scrolling, and it is extremely easy for people to dupe other people's accounts. It is a shame because it was a very good social media site when it started out.

  13. I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a Fin-Advisor) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

  14. This is to Mark Zuckerberg,
    The "Metaverse" will fail, and you need to admit it. Enough of this "I aM kInG" crap and treat us like humans. Stop censoring what we can type on Facebook, just because it isn't your opinion. It's the First Amendment. Freedom of Speech. The reason you're failing is because of the Metaverse. It needs to stop. Being a monopoly will fail, mostly because the BIG companies will always be bigger.

  15. Hey Dagogo when you use long cuts of other channels content, I would like it if you put credits and shout outs within the video. While I love your content, I’ve noticed not much of this happening for a few years now (maybe you have other arrangements/payments in the background but i dunno). The nature of youtube generally means you don’t lose (and may even gain) traffic, and can drive huge amounts of traffic to creators with much smaller subscriber bases.

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