Facebook’s parent company Meta was named “Worst Company of the Year 2021”. news

Meta Group previously operated under Facebook – and, in addition to the social network of the same name, bundles services like Instagram, WhatsApp, and more under one roof. Even after the name change, the company’s disgrace continues: it criticizes Apple for sharing revenue in the Apple Store and has tried several times to shut it down. byway, Meta also assessed the anti-tracking measures implemented in iOS and iPadOS as a direct insult to the business model – a high-profile media campaign should the social network return in a good light. The list of points of criticism is long – now it is meta Awarded the humiliating title of “Worst Company of 2021”.

Several reasons for the poor performance of Meta
Yahoo Finance selects the best company of the year every year – this year Microsoft emerged as the winner in the category (see Here) In 2021, Yahoo also wanted to find out which company was performing the worst – and conducted a survey of 1,000+ respondents. Meta ranks first by a clear margin: Facebook’s parent company received 50 percent more votes than Chinese e-commerce platform Alibaba. Respondents cited several reasons for their vote: they fear censorship and see problems with the issue of data security. Participants also cite reports that believe that the meta assistant Instagram has a negative impact on the mental health of its users.

Name change met with approval and disapproval
At least 30 percent of those people answered yes to the question whether Meta can rehabilitate its reputation. The group appears to be well aware of the image problems and is probably part of the reason it dropped the old name – a maneuver perceived very differently by the participants in the survey: some say they are not able to move forward. considered a slanderer. Others are enthusiastic about the rebranding and see it as Meta’s attempt to turn away from the old-fashioned social media model.