If there’s a single immutable law in human biology, it’s that no one lives forever. The same goes for corporations.
The latest big company to confront the fact that the Grim Reaper spares no one and no thing is Meta Platforms, formerly known as Facebook.
Meta on Thursday suffered the largest one-day loss in U.S. stock market history, following an unexpectedly sour report of fourth-quarter earnings.
We’ve made these types of transitions before … where we took on headwinds in the near term to align with important trends over the long term.
Meta Platforms Chief Executive Mark Zuckerberg
The company’s chairman and chief executive, Mark Zuckerberg, tried to reassure employees and investors that he and his management team had matters in…
