Facebook's daily active people was two point eight billion on average for september 20 21. That's an increase of 11 % year, ever year. The days of them being able to buy a whats ap or instogram are way over. They're not going to be allowed to acquire things given the papers that have been released.
First, Jason breaks down Facebook's Q3 earnings, including: growing revenue and profits, slowing user growth, AR investment and its new reporting structure (2:00). He also covers Facebook's potential rebrand as a metaverse-focused company and its declining usage amongst US teens and young adults. (11:35) Then, Italic's Jeremy Cai joins the show to discuss his innovative new e-commerce concept, ruffling feathers with incumbents, supply chain insights, and more! (25:58)