A BIG OPPORTUNITY FOR INVESTORS IN METAVERSE – FACEBOOK CHANGING NAME TO META
By Nigam Arora & Dr. Natasha Arora
Facebook (FB) is changing its name to “Meta.”
“Meta’s focus will be to bring the metaverse to life and help people connect, find communities, and grow businesses,” the company said in a statement.
Here are the important points:
- Please start out by reading the prior post titled METAVERSE IS A HUGE OPPORTUNITY THAT NO INVESTOR SHOULD IGNORE
- Smart money is buying FB.
- The momo crowd is selling FB.
- Starting on December 1, FB will trade under the symbol MVRS.
- Meta will provide financial reporting in two segments.
- Family of Apps
- Reality Labs
- Expect Reality Labs to lose tens of billions of dollars as Meta spends money to build its own metaverse.