Right, cutting R&D spend and upping dividends or buybacks is a totally normal thing that companies do all the time. It's just not nearly as sexy as changing the world or whatever Zuck says he's doing.
He was only able to pursue his metaverse vision because he has shareholder control, and given the change in stock price it looks like increasing numbers of investors are no longer interested in a company he has total control over.
He was only able to pursue his metaverse vision because he has shareholder control, and given the change in stock price it looks like increasing numbers of investors are no longer interested in a company he has total control over.