"Snap is the worst performing stock in our coverage universe thus far in 2022," Brian White of Monness Crespi Hardt said in a note Monday. "Moreover, we believe the darkest days of this economic downturn are ahead of us." Read More...
TheStreet.com
For WhatsApp, Zuckerberg Has Plans — but Not the Obvious One
The parent of Facebook, Instagram and WhatsApp is being mocked and is watching the bond of trust with investors crumble day by day. The metaverse, which CEO Mark Zuckerberg has touted as the next big thing, has so far only suffered colossal losses. In these columns, we put forward the idea that Meta should monetize WhatsApp by giving advertisers the opportunity to promote their products and services on the messaging platform, which is present in more than 180 countries and has more than 2 billion users.