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Meta shares drop 20% on Q4 earnings miss, weak outlook

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Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#151

Post by CultMember009 »

bobberkarl wrote: post #103
CultMember009 wrote: post #11

I think Meta and Tesla should consider merging because of the great synergy it will create. Imagine being driven to all your destinations while being plugged in to the Metaverse headset. You could enjoy beautiful sceneries while experiencing awesome real world g force. Tesla would also suddenly get billions more potential customers through their social network platforms. I would be so hyped!

Is this sarcasm?

I am a true believer in Tesla and I think it will have a great future. I believe that in the future (maybe a year from now) we will be able achieve what I said above. I believe you will be convinced too.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#152

Post by JCM9 »

paulpauper wrote: post #138
JCM9 wrote: post #93

Facebook’s core business model appears to be in decline. They don’t have a very diversified revenue stream despite trying various side businesses. This is the market worried that Facebook’s best days are behind it. Facebook is betting the farm on the metaverse stuff but without meaningful financial results that’s not going to placate market concerns over what looks like a downhill future for the core businesses. Face…

They don’t have a very diversified revenue stream despite trying various side businesses. Google and Microsoft have had the same business model forever .

That’s not necessarily a problem if the future of the cash cow looks bright. Facebook’s problem is that the cash cow is looking rather ill with nothing clear to pick up the slack. Also the business model of GOOG and MSFT is far more diversified than FB.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#153

Post by 908B64B197 »

voidfunc wrote: post #131
intrepidsoldier wrote: post #71

The data center infrastructure that Facebook (Meta) has is probably in the top 5 in this world (behind only Amazon, Microsoft, Google). They might want to become a cloud infrastructure provider for some side money and buy themselves some time to figure out this Metaverse fantasy :) Hey, AWS started because Amazon wanted to lease out their spare infrastructure capacity.

This would be an interesting but perilous pivot... trying to get into cloud infra at this point seems like an insane idea. What would even be the attraction for company to want to run on FB cloud vs one of the established players that now have a decade plus of real world operations experience from running 3rd party customer workloads? If we are spitballing ideas, If I am Zuck I'm looking at figuring out how to buy Va…

They can always try the same strategy GCP adopted: huge discounts.

If you’re paying retail for GCP, you are getting fleeced.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#154

Post by markvdb »

ProfessorLayton wrote: post #105

Really, really curious to see how all this market volatility will affect their talent pool. Losing almost all gains over the last 18 months will certainly cause some people to reconsider their tenure — I know I have since my company's (Not FB) stock has been hammered along with everyone else in the tech growth sector. A lot of golden handcuffs are being unshackled right now

> Really, really curious to see how all this market volatility will affect their talent pool. Losing almost all gains over the last 18 months will certainly cause some people to reconsider their tenure

One can hope...

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#155

Post by ummonk »

pmlnr wrote: post #13
timmg wrote: post #9

Earlier quoted context omitted.

My friend group switched to Signal en masse. YMMV.

Yay, another platform without the possibility to become decentralized, with a leader who basically opposes standards based development, great step forwards.

Monolithic platforms are significantly more feature-full and user-friendly than standards based development, and thus are the ones that actually experience significant adoption. This is just a fundamental reality.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#156

Post by magicjosh »

dymk wrote: post #120
mjfl wrote: post #106

Earlier quoted context omitted.

> Facebook is betting the farm on the metaverse stuff and it's an odd bet.

I've been using a roommate's Quest 2 for a few days. A few years ago I was using an OG Oculus. The Quest 2 is so much staggeringly better in every way. So much so that I can see a future where people are spending hours in VR games rather than hours playing games on a monitor. Yes, there are issues to work out with the headbands, weight, general FPS and battery life, but I finally _get_ it. The amount of badassery you…

Wow what's better? As an Oculus owner I dismissed the 2 as just aesthetic. Can it run Alyx natively? On the Oculus 1 it requires a PC and cable.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#157

Post by poisonborz »

voidfunc wrote: post #131
intrepidsoldier wrote: post #71

The data center infrastructure that Facebook (Meta) has is probably in the top 5 in this world (behind only Amazon, Microsoft, Google). They might want to become a cloud infrastructure provider for some side money and buy themselves some time to figure out this Metaverse fantasy :) Hey, AWS started because Amazon wanted to lease out their spare infrastructure capacity.

This would be an interesting but perilous pivot... trying to get into cloud infra at this point seems like an insane idea. What would even be the attraction for company to want to run on FB cloud vs one of the established players that now have a decade plus of real world operations experience from running 3rd party customer workloads? If we are spitballing ideas, If I am Zuck I'm looking at figuring out how to buy Va…

> figuring out how to buy Valve

He would step in a long queue, and would get the same answer everyone in front of him: Gaben wouldn't let it slip out even from his cold dead hands.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#158

Post by spookthesunset »

dahdum wrote: post #69
codingkev wrote: post #22

Earlier quoted context omitted.

Facebook is dying slowly in the developed world, that is true. However it is still growing in emerging markets. And most importantly: FB is still generating tons of cash to fund the other assets. WhatsApp has basically zero monetization right now but billions of users. Huge potential cash cow. Instagram still has a ton of potential for further optimized monetization. Think fully embedded 1-click buying for things lik…

I think maybe they banked too heavily on getting their crypto Libra/Diem going in order to power monetization of WhatsApp/Instagram. It could have been as slick as Weixin/WeChat pay and dominate the cross currency remittance market.

Except crypto is a pump and dump scam and most people know that. It was obvious from the start that libra was a “fellow kids” attempt to capitalize on the blockchain hype.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#159

Post by magicjosh »

jmknoll wrote: post #150
dymk wrote: post #120

Earlier quoted context omitted.

I've been using a roommate's Quest 2 for a few days. A few years ago I was using an OG Oculus. The Quest 2 is so much staggeringly better in every way. So much so that I can see a future where people are spending hours in VR games rather than hours playing games on a monitor. Yes, there are issues to work out with the headbands, weight, general FPS and battery life, but I finally _get_ it. The amount of badassery you…

I’m with you on this. I received a Quest as a Christmas gift and basically went from 0 to 100 on VR and the Metaverse. It finally makes sense to me. Like you say, there are some issues with the tech, but they’ll be resolved in time, and it’s clear that this is the future of gaming at least, and maybe much of social media/virtual interaction.

Wow what are your favorite apps? And a bit more leading question, what apps have you used in the last week?

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#160

Post by errcorrectcode »

unsui wrote: post #77
nappy-doo wrote: post #42

The vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank…

The vitriol is well-deserved. While there is no such thing as a perfectly-ethical company within a Capitalist framework, there are degrees of ethical behavior that rightly influence a company's reputation. Would I choose to work or support a company that clubs baby seals? Less hyperbolic, would I choose to support a company that continually seeks to profit from promoting extremism in dialogue, creating self-perpetuat…

Fendi entered the chat. "We object! We don't use barbaric clubs anymore, we use proper pistols to dispatch baby animals in order to steal their hides to make Predator human trophy garmets from them. Please browse our winter collection."
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