The CEO and co-founder of Meta has spent much of the last decade overseeing the rise of the famous social network Facebook. The company's 2012 IPO and acquisitions of Instagram and WhatsApp have made him one of the most influential and wealthy people in the world. But the past decade has also been littered with scandals and accusations for the company, which is regularly singled out for misinformation, privacy and anti-competitive behavior. The latest bad news includes the abandonment of Diem, a digital currency project, and a slowdown in revenue growth, among other things.

Meta's shares lost more than 20% on Wall Street yesterday after the company said the number of daily active users fell for the first time in its 18-year history, partly because of fierce competition with TikTok and YouTube. The other factor negatively impacting Meta's business is the change in privacy policy on Apple's operating system. This latest change has made it more difficult for brands to target and measure their advertising on Facebook and Instagram. The loss could be in the range of $10 billion this year according to Meta CFO Dave Wehner.

The group may want to sort out Facebook and leave the Metaverse on the back burner. The future of the company is getting a bit more uncertain.

After the resounding and highly publicized Cambridge Analytica affair in 2018, Mr. Zuckerberg is going to have to weather further turbulence. It's time for him to remove its Oculus headset to face "real life" problems.

Drawing by Amandine Victor