Hopefully the next executive l

2022-11-23

Hopefully the next executive leads meta in a better direction.

Mark Zuckerberg Is Set to Resign Next Year - The Leak

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Beli
2022-11-23
Beli
We all hope for better Meta!

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Silicon Valley and Wall Street have been buzzing with rumors and speculations over the future of the company as pressure mounts on Mark Zuckerberg.</p><blockquote>Our insider source, privy to plans at Meta, informs us that “Zuckerberg is set to resign next year”.</blockquote><p>Information obtained by The Leak suggests that Zuckerberg has decided to step down himself. The decision, per our insider source, “will not affect metaverse” – Mark’s multi-billion dollar project, which has dragged Meta along with it as the company saw a significant profit decline earlier this year.</p><h2>Swimming against the tide</h2><p>Throughout the year, despite shareholder skepticism and concerns, Zuckerberg has been determined to aggressively push forward with his risky plan on the Metaverse – his VR bet, which he claims will pay off in the long run.</p><blockquote>This insider leak makes sense in the context of immense investor pressure</blockquote><p>According to a Financial Times report in October, investors vented frustrations with Zuckerberg’s plan to double down on investment into the Metaverse. This came after a scathing open letter by Brad Gerstner, whose fund Altimeter Capital owns hundreds of millions of dollars’ worth of Meta shares.</p><p>The open letter makes it clear that Zuckerberg is losing the trust of investors and even lays out a three-point plan, which includes:</p><blockquote>“Limit investment in metaverse / Reality Labs to no more than $5B per year.”</blockquote><p>This insider leak makes sense in the context of immense investor pressure. It’s very possibly Zuckerberg’s attempt at holding himself accountable for Metaverse’s underwhelming performance – which has seen its stock drop over 70% from its peak.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad01b536770135201f09a1f431f2757b\" tg-width=\"1536\" tg-height=\"914\" referrerpolicy=\"no-referrer\"/><span>Metaverse demo</span></p><p>While the information obtained underlines that this resignation will have no impact on the metaverse, it would make sense for this to simply be a PR move, i.e: Zuckerberg did not resign because of the metaverse.</p><p>Zuckerberg already has plans to let go of thousands of employees. This is in line with a general trend in the tech industry and with investor worries about headcount costs, which were outlined in the open letter by Altimeter Capital. Yet, it’s unlikely the two parties will see eye to eye when it comes to the metaverse.</p><p>Although he’s withstood similar pressures multiple times over the years, Metaverse’s over estimation of public interest in virtual escapism is might be the endgame of Zuckerberg’s long-standing reign.</p><p>The Leak has reached out to Meta for comments.</p><p><b>Note:</b> Andy Stone, spokesman of Meta Platforms, has replied to Twitter, denying that Zuckerberg will resign as CEO next year.</p><p><img src=\"https://static.tigerbbs.com/7a7ad10486e1e77bdd5bea61840f933d\" tg-width=\"708\" tg-height=\"756\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1669133027583","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mark Zuckerberg Is Set to Resign Next Year - The Leak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMark Zuckerberg Is Set to Resign Next Year - The Leak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 00:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://theleak.co/2022/11/22/mark-zuckerberg-is-set-to-resign-next-year/><strong>The Leak</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The birds are flying south at Meta as the company expects serious executive changesMeta’s journey over the last decade has been a rough one. Silicon Valley and Wall Street have been buzzing with ...</p>\n\n<a href=\"https://theleak.co/2022/11/22/mark-zuckerberg-is-set-to-resign-next-year/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://theleak.co/2022/11/22/mark-zuckerberg-is-set-to-resign-next-year/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172313353","content_text":"The birds are flying south at Meta as the company expects serious executive changesMeta’s journey over the last decade has been a rough one. Silicon Valley and Wall Street have been buzzing with rumors and speculations over the future of the company as pressure mounts on Mark Zuckerberg.Our insider source, privy to plans at Meta, informs us that “Zuckerberg is set to resign next year”.Information obtained by The Leak suggests that Zuckerberg has decided to step down himself. The decision, per our insider source, “will not affect metaverse” – Mark’s multi-billion dollar project, which has dragged Meta along with it as the company saw a significant profit decline earlier this year.Swimming against the tideThroughout the year, despite shareholder skepticism and concerns, Zuckerberg has been determined to aggressively push forward with his risky plan on the Metaverse – his VR bet, which he claims will pay off in the long run.This insider leak makes sense in the context of immense investor pressureAccording to a Financial Times report in October, investors vented frustrations with Zuckerberg’s plan to double down on investment into the Metaverse. This came after a scathing open letter by Brad Gerstner, whose fund Altimeter Capital owns hundreds of millions of dollars’ worth of Meta shares.The open letter makes it clear that Zuckerberg is losing the trust of investors and even lays out a three-point plan, which includes:“Limit investment in metaverse / Reality Labs to no more than $5B per year.”This insider leak makes sense in the context of immense investor pressure. It’s very possibly Zuckerberg’s attempt at holding himself accountable for Metaverse’s underwhelming performance – which has seen its stock drop over 70% from its peak.Metaverse demoWhile the information obtained underlines that this resignation will have no impact on the metaverse, it would make sense for this to simply be a PR move, i.e: Zuckerberg did not resign because of the metaverse.Zuckerberg already has plans to let go of thousands of employees. This is in line with a general trend in the tech industry and with investor worries about headcount costs, which were outlined in the open letter by Altimeter Capital. Yet, it’s unlikely the two parties will see eye to eye when it comes to the metaverse.Although he’s withstood similar pressures multiple times over the years, Metaverse’s over estimation of public interest in virtual escapism is might be the endgame of Zuckerberg’s long-standing reign.The Leak has reached out to Meta for comments.Note: Andy Stone, spokesman of Meta Platforms, has replied to Twitter, denying that Zuckerberg will resign as CEO next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":53,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":104918598,"gmtCreate":1669135373702,"gmtModify":1669135386790,"authorId":4092138473478360,"author":{"id":4092138473478360,"authorId":4092138473478360,"name":"Beli","avatar":"https://static.tigerbbs.com/12287da3d64d63968897c06e82fb422b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9968320740,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">We all hope for better Meta!</span>","text":"<span class=\"s1\">We all hope for better Meta!</span>","html":"<span class=\"s1\">We all hope for better Meta!</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9968320740"}