![]() Price Action: In premarket trading on Friday, Meta shares were down 1.23%, at $202.40, according to Benzinga Pro data. Munster raised the moot question of whether this technology is in search of a problem. Director Khoa Le Writers Allison Burnett Tashena Ebanks (based on the book by: Zero to Hero) R.V. ![]() But Zuckerberg's prediction has more critics than supporters, given the theme has been slow to catch on, he said. Bezos chronicles the true-life story of Jeff Bezos-a humble yet awkward entrepreneur on his mission to create Amazon, the world's largest e-commerce company, and turning himself into the richest man in the world. The tech analyst noted that tech legends such as Steve Jobs did it with the iPhone and Jeff Bezos with commerce. It’s him planting a flag of where the world is going,” he added. “For Zuckerberg the metaverse is personal. “While Zuckerberg is still unsure how this all plays out, there’s one piece he’s sure of: there will be a computing platform beyond mobile, and most likely it will be anchored in some of the four platforms listed above,” Munster said. This is after the CEO outlined his vision of the metaverse, grouping it under four platforms - social metaverse platform, VR metaverse platform, augmented reality and neural interfaces - he added. Personalizing Goal: Since Facebook rebranded as Meta in late 2021, investors have been skeptical of the potential of the metaverse, Munster said. Meta lost $13.7 billion in its Reality Labs segment in 2022, which has laid the groundwork for Meta’s 2023 goals, he noted. But the move of pivoting to metaverse initiated in 2021 hasn’t been a success, Munster noted. ![]()
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