Meta Platforms (NASDAQ: FB), the social media giant formerly known as Facebook, has been a divisive company ever since its public debut in 2012. The bulls praised the robust growth of its advertising business and the expansion of its family of apps (Facebook, Messenger, Instagram, and WhatsApp) to reach billions of users worldwide. The bears claimed that its dependence on targeted ads was unsustainable and that its platforms facilitated the spread of hate speech, misinformation, and fake news that have hurt society. Read More...
Meta Platforms (NASDAQ: FB), the social media giant formerly known as Facebook, has been a divisive company ever since its public debut in 2012. The bulls praised the robust growth of its advertising business and the expansion of its family of apps (Facebook, Messenger, Instagram, and WhatsApp) to reach billions of users worldwide. The bears claimed that its dependence on targeted ads was unsustainable and that its platforms facilitated the spread of hate speech, misinformation, and fake news that have hurt society.
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