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This article is part of STYLE’s Inside Luxury column Practically from the moment Mark Zuckerberg’s Facebook decided to rebrand as Meta, its stock price plummeted. Some commentators were fast to blame the metaverse push for the loss of investor appetite. And, as The Financial Times reported, Meta just announced its first year-on-year quarterly revenue decline.
Is Mark Zuckerberg’s Meta killing Instagram? Too many ads and new features imitating Snapchat and TikTok show a lack of innovation that’s turning Gen Z off the social media giant comes via ChinaTechNews.com.