2JByEzk5eL- Andres Guadamuz August 17, 2022 Zuck loves the metaverse nearly as much as he loves going live on Facebook and awkwardly talking about smoked meats. Mark Zuckerberg has spent a lot on the metaverse already Instagram has done a better job of gripping on to it, but Facebook has embarrassingly failed to match up at all. The announcement of more “content-driven algorithms” was a clear attempt to copy TikTok and try to snatch some of the Gen-Z engagement. Instagram head Adam Mosseri caused a bit of a stir at the end of June when he announced Instagram was “no longer just a photo-sharing app”. The younger demographic has been hooked by the content-driven algorithm TikTok’s nailed so well. Gone are the days of teenagers being interested in feeble Facebook poke wars. The rise of TikTok hasn’t helped Facebook’s user count at all. Since 2019, monthly visits to the social media giant have dropped by almost four billion. According to research from Similarweb, Facebook lost a whopping 12% of traffic in May 2022 compared to the previous year. Users on Facebook have been decreasing for some time now. So wouldn’t it be a shame if someone raised five topics that Meta don’t want to talk about during the Connect Conference? Facebook’s user count is dwindling It’s clear the metaverse vision is still a long way off from being fully formed.Īlas, Meta is hoping to excite consumers at its Connect Conference with the next VR headset and will have their fingers crossed no one brings up anything unpalatable. Reviews for the Zuck’s Horizon Worlds VR social game continue to be mediocre at best too – with heavily reported complaints claiming it looks straight out of a 2007 Nintendo Wii game. Meta is far from ready to realise the world of Ready Player One. While sales of the Meta Quest have been respectable, beating out other companies in 2021, it hasn’t hit the “everyone logged into a second digital world” level yet. “While I will deeply miss everyone at ‘The Late Show,’ my heart is in the newsroom and I’m eager to work with the amazingly talented team of journalists at CNN,” he said.After spending over $10bn on the metaverse alone last year, the need for Meta to show off a really decent headset at their annual Connect Conference has never been more vital for the company. Licht said CNN “has a rich and storied legacy and I both intend to uphold it and build upon it.” “He is a highly principled individual who is trusted, hard-working and makes every organization stronger, more innovative, and more cohesive.” “He has more than two decades of broadcast experience across local, cable and national news,” Zaslav said. Discover, described Licht as “a dynamic and creative producer, an engaging and thoughtful journalist and a true news person.” He has created and led award-winning news and entertainment shows and programming, including “The Late Show with Stephen Colbert,” “CBS This Morning,” and MSNBC’s “Morning Joe,” which features longtime New Canaan resident Joe Scarborough.ĭavid Zaslav, incoming chief executive officer of Warner Bros. Licht has spent more than 20 years in broadcast news and now serves as executive vice president of special programming at CBS. Licht replaces Jeff Zucker, the CNN president whose nine-year tenure ended last month when he resigned over an apparent romantic relationship with a colleague.
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