It is understood that since the official change of name to Meta last October, Mark Zuckerberg and his company have almost all been bad news.applePrivacy updates to iOS have made it harder for the company to target ads, and the growing popularity of social media rival TikTok has lured users and advertisers away from Instagram. At the same time, the economic slowdown has led many companies to cut spending on online marketing.
In July, Meta reported second-quarter revenue and revenue that missed expectations and said it expected sales to decline for the second straight quarter.
Earlier, the Meta CEO announced that the annual VR conference will be held on October 11.
There are media speculations that the new headset may become an opportunity for Meta to turn over.