Motley Fool Money Big Tech's Latest Plans, Emerging Trends To Watch
Jul 8, 2022
Maria Gallagher, a senior analyst at Motley Fool, discusses the evolving job market and consumer trends, including big tech's monetization strategies. Jason Moser shares insights on Upstart Holdings and Meta's $1,000 VR headset, while Jay Jacobs from BlackRock highlights megatrends in infrastructure and healthcare. The conversation touches on Amazon's Grubhub deal and Levi's impressive dividend increase, exploring how tech companies are navigating challenges and opportunities in a shifting economic landscape.
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Meta's Metaverse Push
- Meta's $1,000 VR headset, MetaQuest Pro, aims to compete with Apple's upcoming headset with enhanced features and AR glasses in development.
- They are trying to push into the metaverse by blurring lines between real and virtual.
Monetizing Lock Screens
- Apple and Google explore monetizing phone lock screens with ads, seeing them as valuable digital real estate.
- This raises consumer concerns about intrusiveness and the need for opt-out options.
Tech Growth Slowdown
- Twitter's layoffs, along with hiring freezes at Meta and rescinded offers at Coinbase, signal a slowdown in tech growth.
- This shift reflects a change in the narrative of endless growth previously touted by these companies.