Students, big news! Known as the second Bill Gates, the former third richest man in the world, Zuckerberg actually cried in anger, so what troubles did the rich man encounter and cry?

Students, big news! Known as the second Bill Gates, the former third richest man in the world, Zuckerberg actually cried in anger, so what troubles did the rich man encounter and cry? It turned out that his company Meta released this quarterly report data, which we are familiar with, such as Facebook, Facebook, What's up Instagram and messenger, then these platforms are actually his Meta products.

Companies with so many good products have stagnated growth for the first time, and their stock prices have plummeted by 26% in one day, which has also created the largest one-day decline in the history of the US stock market. That's the equivalent of two hundred billion dollars disappearing outright in one day.

So as an American technology giant, why did this Meta suddenly plummet into this? There may be three reasons, in simple terms:

Reason one, to vibrato, TikTok led by the short video company on Meta this impact has been severe to the point of life and death, everyone spends less and less time on these products, and lower than expected advertising revenue is more and more solid to make our investors prohibitive, according to the cloud infrastructure that tracks Internet traffic, Cloud Fair disclosed, Douyin TikTok topped the largest Internet visit site in 2021, the technology giant Google that dominated the list for many years, and last year Douyin, TikTok's monthly active users have reached 1 billion, and it took four years to complete the road of Facebook, FACEBOOK, and 8 years.

The second reason is that Meta's business model is gradually not optimistic about the world, Meta is targeted advertising, the so-called targeting is actually the screening of the audience and the display of the advertisement is determined according to the visitor, which involves the invasion of privacy, and this algorithm enhances the exposure of this fake news, aggravates the division of american domestic society, allows violent organizations to use the platform and so on. As a result, Meta is facing antitrust litigation cases that have a significant impact on the business in the United States and throughout Europe. The third reason is that Meta, in the face of strong external changes, will reposition itself as a home universe company, and therefore changed its name, but its main focus on the universe project is really hot eyes, the past year's annual revenue is less than 2.3 billion US dollars, the loss is as high as 10.2 billion US dollars, objectively speaking, Meta is forced to build the original universe, this is an expensive gamble, when exactly can blossom but no one knows, Hong Kong according to complex data show that after a sharp decline, Individual investors in the United States gradually began to enter the bottom of Meta's stock, the odd ratio of trading was as high as 4:1, the trading volume was five times that of Tesla, in the short term, he was already in the trend of being eliminated by the tense, so Zuckerberg was forced to bet on the universe, and currently faced with a mirage, the results of nothingness, the overall market did not buy it.