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Zuckerberg hunts for TikTok answers as Facebook suffers first revenue fail

Washington | For months, Facebook chief executive Mark Zuckerberg has touted the company’s long-term plan to transition from being primarily a social media company to the maker of the virtual reality-powered digital worlds known as the metaverse.

On Wednesday (Thursday AEST), Zuckerberg took a detour from that journey to reiterate the company’s most immediate priorities: to foster social connections and deliver users the algorithmic-powered stream of content from creators that has made modern social media companies, namely TikTok, popular.

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    Original URL: https://www.afr.com/technology/zuckerberg-hunts-for-tiktok-answers-as-facebook-suffers-first-revenue-fail-20220728-p5b5bu