Savvy investors in Snap (NYSE: SNAP) may not know every detail about the company, but they know at least these three things: Snap is home to hundreds of millions of daily active users globally. Therefore, it is interested in keeping users coming back and staying longer on each visit. Read More...
Motley Fool
Meta Platforms Just Made a Big Move in the Metaverse
When social media giant Facebook changed its name to Meta Platforms (NASDAQ: FB) in October 2021, CEO Mark Zuckerberg said in the founder’s letter that the company is “at the beginning of the next chapter for the internet,” a platform that would allow users to experience the internet in an immersive way instead of just looking at it. This platform is known as the metaverse. Zuckerberg pointed out that people can work, play, learn, shop, or collaborate within the metaverse through their virtual avatars irrespective of where they are located across the globe.
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