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Mark Zuckerberg's remarkable turnaround with Meta, the metaverse focus, and the introduction of Reels and AI. The illegal gold rush in Venezuela and its regional implications. The rise of dirty gold mining in South America and efforts for combatting it. The success of North Korea's women's football team and their achievements despite a patriarchal society.
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- Mark Zuckerberg's strategic decisions and focus on AI have led to Meta's impressive turnaround and significant growth in share price and earnings.
- Illegal gold mining in South America, fueled by rising demand and facilitated by powerful actors, poses a significant challenge that requires stronger regulation and action.
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Meta's Remarkable Turnaround: From Struggling to Thriving
Meta, the social media company that includes Facebook, Instagram, and WhatsApp, experienced a remarkable turnaround in the past year. Facing declining revenue and losses, Mark Zuckerberg made transformative business decisions, including slashing spending and launching an internal revolution focused on using AI to boost Meta's core business. These decisions, coupled with the introduction of new features like Reels and generative AI avatars, have led to Meta's share price rising by 250% and reporting third-quarter earnings of over $34 billion.
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