Meta can't make any big acquisitions right now, as its $40 billion war chest starts going towards appeasing Wall Street investors
Business Insider
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10 days ago
Wall Street says it's unlikely Meta will make a major acquisition anytime soon. But it is likely Meta will use its cash to make investors happy.
Meta used to put its money towards fun things like employee perks, the metaverse, and acquisition binges. But as Meta's "year of efficiency" continues, Mark Zuckerberg needs to put its $40.74 billion…