Reality bites for Meta
Social media giant Meta has posted more disappointing results as it struggles to drum up support for its Metaverse concept.
Social media giant Meta has posted more disappointing results as it struggles to drum up support for its Metaverse concept. Sales and profits are down once again at the Silicon Valley company, which owns Facebook, Instagram, and WhatsApp. We'll discuss what it means for the wider tech sector as well as consumers with Bloomberg tech journalist Tom Giles.
Economist Jimmy Jean of Desjardins in Quebec joins us as central banks consider further interest rate hikes this week.
We look ahead to Brazil's upcoming elections. Breno Dias Silva, head of the tech firm Qintess, explains what the implications for business owners.
Also on Business Matters, chips, China and currency chaos. To discuss all these stories and more, Rahul Tandon is joined by The Economist's Sarah Birke in Mexico; and in Delhi, Hindustan Times writer Madhavan Narayana.
(Picture: A Meta worker demonstrates one of the company's virtual reality headsets. Credit: Getty Images.)
Last on
More episodes
Previous
Broadcast
- Thu 27 Oct 2022 00:06GMT大象传媒 World Service
Podcast
-
Business Matters
Global business and finance news and discussion from the 大象传媒