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25 Meta’s Future Value and the Social Media Verdict

The Information
Martin Peers @ The Information 1 place · today 20:00 EDT

Meta’s Future Value and the Social Media Verdict

Talk about bad timing. Meta Platforms made a big splash on Tuesday night by disclosing new stock grants for senior executives that fully pay out only if the company’s market capitalization rises above $9.4 trillion by 2031, from $1.5 trillion now. Hours later, on Wednesday, we scooped the news that Meta was laying off hundreds of people. And hours after that, a jury in Los Angeles found Meta and Google’s YouTube liable for negligence in a lawsuit about the addictive qualities of social media.It’s not crazy.

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