'A Long Road Ahead': Mark Zuckerberg Says Meta Will 'Pour Enough Gasoline' To Fuel Threads' Growth
Portfolio Pulse from Benzinga Neuro
Mark Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ:META), has outlined the company's growth strategy for its new social media platform, Threads. Despite recent signs of flagging user engagement, Zuckerberg remains optimistic about the platform's future, stating that the company has a lot of basic work to do and will continue to build and experiment with features that users enjoy.
July 27, 2023 | 5:30 am
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Meta Platforms Inc.'s CEO Mark Zuckerberg has outlined the company's growth strategy for its new social media platform, Threads. Despite recent signs of flagging user engagement, Zuckerberg remains optimistic about the platform's future.
The news is directly related to Meta Platforms Inc. and its new product, Threads. The CEO's optimism about the platform's future despite flagging user engagement could have a neutral impact on the company's stock in the short term as it indicates the company's commitment to improving the product, but also acknowledges existing challenges.
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