From a Washington Post story by Cat Zakrzewski and Elizabeth Dwoskin headlined “Facebook quietly bankrolled small, grass-roots groups to fight its battles in Washington”:
a blog by Jack Limpert, Editor of The Washingtonian for more than 40 years.
Facebook Quietly Bankrolled Small, Grass-Roots Groups to Fight Its Battles in Washington
May 18, 2022
Six Reasons Meta, Formerly Known as Facebook, Is in Trouble
February 4, 2022
From s New York Times story by Mike Isaac headlined “6 Reasons Meta Is in Trouble”:
Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 billion.
Its crash followed a dismal earnings report on Wednesday, when Mark Zuckerberg, the chief executive, laid out how the company was navigating a tricky transition from social networking toward the so-called virtual world of the metaverse….
Here are six reasons that Meta is in a difficult spot.
