[kgraves]

Great to see the beginning of the end of Meta / Facebook with their first revenue miss.

Hopefully their metaverse play is a costly fatal distraction that will ultimately lead them to lose more money while lots of people run away from using their platform.

The fact they are ruining their own product [0] to compete with TikTok shows that they have completely run out of ideas.

There is no saving Facebook / Meta this time.

[0] https://www.washingtonpost.com/technology/2022/07/27/instagr...

[throwaway1777]

They’re still printing money. It’s hardly the end. People said this about Microsoft for years when they missed mobile, and look at them now.

[mandeepj]

> look at them now

"A new CEO" - gave them that much needed new life lease

[alliao]

wow is that right, that's gotta be pretty significant. first revenue miss.. gotta happen some time