Ma cant get rid of the problems that Apple and
Software

M**a can’t get rid of the problems that Apple and TikTok are causing her

Tough competition from TikTok and negative impact from Apple’s updated privacy policy introduced more than a year ago will continue to affect Meta’s future development for the time being.* (owns Facebook*Instagram* and WhatsApp). The agency announced Reuters referring to Wall Street analysts.

    Image Source: Surprising_Shots / pixabay.com

Image Source: Surprising_Shots / pixabay.com

At least 16 brokerage firms lowered their forecasts for the value of Meta’s assets* after the company reported its first-ever drop in quarterly earnings, it highlighted the problems US companies are now facing and fueled fears of an impending recession. On the first day after publication of the meta stock report* fell 6% to stop at $159.8. The company’s market cap topped $1 trillion last year but fell back to $900 billion in December.

With the release of iOS 14.5, Apple rolled out a new privacy policy that makes things a lot harder for gamers like Meta* and Snap with targeted in-app advertising. Analysts say these changes, combined with TikTok’s aggressive rise in popularity, are fueling fears of a recession. Now meta* You have to bet on Reels, TikTok’s own clone, which is taking up more and more space in user feeds. Unfortunately, this move has forced the company to partially phase out more profitable content, which could further reduce revenue in the near term before maintaining revenue growth.

Analysts admit that in 2023 Meta* may return to strong positive momentum, but they are skeptical about strategic plans for the metaverse – they can be seriously disrupted by regulatory action: Relevant departments around the world are actively tightening their policies towards big tech companies. Another negative factor is the actions of the US Federal Trade Commission (FTC), which is trying to block the acquisition of Within Unlimited, a company that develops virtual reality applications.

* It is included in the list of public associations and religious organizations for which the court made a final decision, activities on the grounds of Federal Law No. 114-FZ of July 25, 2002 “On Combating Extremist Activity”.

RELATED TOPICS

About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

Add Comment

Click here to post a comment