Tag Archives: charm

The fading charm of Facebook, Marketing & Advertising News, ET BrandEquity

Fading facebook ET Brandequity Earlier this month, Facebook now re-christened as Meta which owns the most popular apps – FB, Instagram, and WhatsApp – had witnessed a single day drop in their in their market cap by $230bn with their maverick promoter Mark Zuckerberg’s personal wealth declining by ~ $29bn. From a high of 1Tn in September to ~$561bn now.. it’s a 45%. As a consequence on Friday 18th Feb, it slipped out of the top 10 most valuable companies’ ranking. For a company that had breached […]

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