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Meta is, essentially, a company built on the ideas of other companies. It is about to achieve a strategy: wait for a new platform or social network to take off, then buy or compare, and put it next to the Meta marketing system, and watch the money pile up. Well, the next big thing seems to be turning everything into a gamble. Why not? Cut to Polymarket?
Get started this part of The VergecastDavid and Nilay discuss the market forecasting software being built within Meta, including the company attack about other story this a week – and its size, obviously increasing behavioral problems. Nilay’s at Cannes Lions in France this week, where Meta’s marketing prowess is on display, but it also sounds like Meta is in trouble. So what is it? And what will your Facebook feed look like?