Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Mark Zuckerberg's big year gives him momentum going into 2025

Dec 30, 2024 - businessinsider.com
As 2024 concludes, Meta and Mark Zuckerberg have much to celebrate, with Meta's stock up 66% year-to-date and Zuckerberg's fortune increasing by over $84 billion. The company made significant strides in AI and hardware, unveiling products like the Quest 3S mixed-reality headset and AI-enhanced Ray-Ban smart glasses. Despite facing legal challenges related to past scandals, Meta reported earnings growth each quarter and declared its first-ever dividend. Zuckerberg's public image also evolved, with a more relatable style and a focus on AI over the metaverse.

Looking ahead to 2025, Meta plans to capitalize on opportunities with WhatsApp and Instagram, especially as TikTok's future in the US remains uncertain. The company aims to attract more users to Threads and anticipates that smart glasses will become a major computing platform. AI remains a priority, with Meta planning significant investments in AI infrastructure. Zuckerberg enters 2025 with momentum, driven by Meta's strong advertising business and continued focus on AI innovation.

Key takeaways:

```html
  • Meta's stock increased by 66% in 2024, and Mark Zuckerberg's fortune grew by over $84 billion.
  • Meta made significant advancements in AI and hardware, including the release of the Quest 3S headset and AI-enhanced Ray-Ban smart glasses.
  • The company faced legal challenges related to past scandals, including a class-action lawsuit over the Cambridge Analytica data-harvesting scandal.
  • Mark Zuckerberg's public image evolved, with a more relatable style and a focus on AI, positioning Meta for continued growth in 2025.
```
View Full Article

Comments (0)

Be the first to comment!