CNBC June 22, 2022
Key Points
– Mark Zuckerberg told CNBC’s Jim Cramer that Meta Platforms is in a position to spend extensively on long-term research.
– The metaverse should usher in a massive economy, he said.
Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social network operator’s business in the second half of the decade.
“We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital content, different things to express themselves, so whether that’s clothing for their avatar or different digital goods for their virtual home or things to decorate their virtual conference room, utilities to...
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