{"id":1180,"date":"2022-03-10T16:15:00","date_gmt":"2022-03-10T16:15:00","guid":{"rendered":"https:\/\/camilocisera.com\/?p=1180"},"modified":"2023-04-29T12:48:35","modified_gmt":"2023-04-29T12:48:35","slug":"whats-going-on-with-meta-platforms","status":"publish","type":"post","link":"https:\/\/camilocisera.com\/en\/whats-going-on-with-meta-platforms\/","title":{"rendered":"What\u2019s going on with Meta Platforms?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1180\" class=\"elementor elementor-1180\" data-elementor-settings=\"[]\">\n\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-73544ab elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"73544ab\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3da7d8b elementor-column elementor-col-100 elementor-top-column\" data-id=\"3da7d8b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap  elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0198d45 elementor-widget elementor-widget-text-editor\" data-id=\"0198d45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>Narratives matter. Meta (previously known as Facebook) surpassed USD 1 trillion in market capitalization during the second half of 2021, however, in the last months, the focus of the market shifted from the potential of its immense and engaged family of apps to regulatory and competition issues. As time went by, the stock halved and the company is now valued at USD 520 Bn.<\/p><p>The recent 50,9% drawdown is the second largest ever for the company, only surpassed by a 53,6% drop in the first 4 months after its IPO (2012).<\/p><p>Meta is now trading at 14x earnings and 4,7x sales. Both metrics are the lowest on record.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d15878a elementor-widget elementor-widget-image\" data-id=\"d15878a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"486\" src=\"\/wp-content\/uploads\/2022\/03\/1.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/1.png 730w, \/wp-content\/uploads\/2022\/03\/1-300x200.png 300w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8495db4 elementor-widget elementor-widget-text-editor\" data-id=\"8495db4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>As usual, the stock movement didn\u2019t have much to do with the past of the company. in 2021 Meta achieved 37,2% revenue growth and USD 39,1 Bn in free cash flow (+65,5% YoY). That\u2019s on top of USD 24,65 Bn spent on research &amp; development (+33,6% YoY).<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5801e23 elementor-widget elementor-widget-image\" data-id=\"5801e23\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"378\" src=\"\/wp-content\/uploads\/2022\/03\/2.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/2.png 768w, \/wp-content\/uploads\/2022\/03\/2-300x148.png 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6696158 elementor-widget elementor-widget-image\" data-id=\"6696158\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"216\" src=\"\/wp-content\/uploads\/2022\/03\/Tabla1.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/Tabla1.png 869w, \/wp-content\/uploads\/2022\/03\/Tabla1-300x81.png 300w, \/wp-content\/uploads\/2022\/03\/Tabla1-768x208.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19ae26f elementor-widget elementor-widget-text-editor\" data-id=\"19ae26f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>The key drivers of the ongoing correction in Meta\u2019s valuation, exacerbated after the last quarterly report, are related to challenges for the coming future:<\/p>\n<ul>\n<li><u>User growth slowdown<\/u>: Facebook registered a drop in Daily Active Users (DAUs) during 4Q21. While it was a minuscule drop (500k), it was the first-ever on record.<\/li>\n<li><u>Political landscape<\/u>: Politicians and regulators are increasingly concerned about the impact of social media on mental health and fake news spread. There is also an ongoing Federal Trade Commission antitrust lawsuit against the company.<\/li>\n<li><u>Targeting headwinds<\/u>: changes in Apple\u2019s iOS made data collection more challenging. Tightening privacy protections have a direct impact on the accuracy of the ads that Meta shows to users, potentially hurting the Average Revenue Per User (ARPU).<\/li>\n<li><u>Social media dynamics<\/u>: TikTok is growing fast (+130M DAUs in USA) and monetization of new trends (videos) isn\u2019t being as easy or profitable as previous ones.<\/li>\n<li><u>Metaverse<\/u>: The bet to develop the Metaverse demands several billions of dollars with no guarantee of success. Committed expenditures will certainly have an impact on profitability.<\/li>\n<\/ul><div><br><\/div>\n<p>The correction in Meta is deepened by the overall market conditions. Rising interest rates and the conflict between Russia and Ukraine pushed the Nasdaq 100 index 20% off its peak.<\/p>\n<p>But besides the important challenges ahead, there are also positive facts worth mentioning:<\/p>\n<ul>\n<li>Meta\u2019s family of apps has 3,59 Bn Monthly Active People (MAP). That\u2019s 55% of the world population ex-China (where Meta is banned). Adjusting by age, given that Facebook and Instagram aren\u2019t allowed for under 13 years old, the share is even bigger. A slowdown in user growth seems natural considering these metrics.<\/li>\n<li>Instagram, Facebook and WhatsApp are all among the top 5 globally most downloaded apps.<\/li>\n<li>Meta accumulates more than USD 90 Bn spent in Research and Development, 27% of which took place in 2021. It has been researching AI for 10 years.<\/li>\n<li>The company has a strong financial position. The year 2021 ended with USD 48 Bn in cash and short-term investments. Total debt is USD 14,4 Bn. At current levels, the company offers a 7,5% FCF yield.<\/li>\n<li>There are high potential initiatives that can partially offset the headwinds mentioned before. Shops, Meta\u2019s E-commerce feature launched in 2020, recently surpassed 250M sellers and 1,7 Bn active users. There is also Whatsapp Business and Facebook Pay, among others.<\/li>\n<\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a8e8ec elementor-widget-divider--separator-type-pattern elementor-widget elementor-widget-divider\" data-id=\"2a8e8ec\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\" style=\"--divider-pattern-url: url(&quot;data:image\/svg+xml,%3Csvg xmlns=&#039;http:\/\/www.w3.org\/2000\/svg&#039; preserveAspectRatio=&#039;none&#039; overflow=&#039;visible&#039; height=&#039;100%&#039; viewBox=&#039;0 0 24 24&#039; stroke=&#039;%23000&#039; stroke-width=&#039;1&#039; fill=&#039;none&#039; stroke-linecap=&#039;square&#039; stroke-miterlimit=&#039;10&#039;%3E%3Cpath d=&#039;M0,21c3.3,0,8.3-0.9,15.7-7.1c6.6-5.4,4.4-9.3,2.4-10.3c-3.4-1.8-7.7,1.3-7.3,8.8C11.2,20,17.1,21,24,21&#039;\/%3E%3C\/svg%3E&quot;);\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32188d6 elementor-widget elementor-widget-heading\" data-id=\"32188d6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">Getting creative: Meta\u2019s valuation 3 years from now<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8992398 elementor-widget elementor-widget-heading\" data-id=\"8992398\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">Worst case scenario<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53a25b5 elementor-widget elementor-widget-text-editor\" data-id=\"53a25b5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>The \u201cfamily of apps\u201d segment revenue grows slower than the digital ads market. Margins take a hit from business headwinds. Reality Labs (Metaverse) keeps burning incremental amounts of cash without yet delivering meaningful results.<\/p><p>Narratives focus on social media\u2019s impact on mental health and Meta becomes like \u201cdigital cigarettes\u201d. Funny enough, even valuating Meta at EV\/EBIT of Phillip Morris (14x) means a rise from the current multiple of 10,4x.<\/p><p>This scenario could lead to USD 48,7 Bn in EBIT for 2024, slightly up from 2021 levels. At 12x EV\/EBIT that means a 6,3% CAGR for the stock. It\u2019s worth noting that most of the return comes from multiple expansion. So again, narratives matter.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3baeb0 elementor-widget elementor-widget-image\" data-id=\"e3baeb0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"378\" src=\"\/wp-content\/uploads\/2022\/03\/3-1.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/3-1.png 768w, \/wp-content\/uploads\/2022\/03\/3-1-300x148.png 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-033a78e elementor-widget elementor-widget-image\" data-id=\"033a78e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"622\" height=\"127\" src=\"\/wp-content\/uploads\/2022\/03\/Screenshot_2-2.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/Screenshot_2-2.png 622w, \/wp-content\/uploads\/2022\/03\/Screenshot_2-2-300x61.png 300w\" sizes=\"(max-width: 622px) 100vw, 622px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-859cb86 elementor-widget elementor-widget-heading\" data-id=\"859cb86\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">Base scenario<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-757808c elementor-widget elementor-widget-text-editor\" data-id=\"757808c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>Meta\u2019s massive reach and engagement continue to drive network effects. TikTok competition and Apple\u2019s iOS changes hit margins. The Metaverse transition becomes less uncertain but still doesn\u2019t provide a meaningful impact on revenues.<\/p><p>The company reaches USD 57,7 Bn in EBIT for 2024. A less hostile sentiment allows Meta to trade at 16x EV\/EBIT. In this scenario, the stock could achieve a 25% CAGR.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46e33ff elementor-widget elementor-widget-image\" data-id=\"46e33ff\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"378\" src=\"\/wp-content\/uploads\/2022\/03\/4-1.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/4-1.png 768w, \/wp-content\/uploads\/2022\/03\/4-1-300x148.png 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddba7b1 elementor-widget elementor-widget-image\" data-id=\"ddba7b1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"622\" height=\"135\" src=\"\/wp-content\/uploads\/2022\/03\/Screenshot_3-2.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"\/wp-content\/uploads\/2022\/03\/Screenshot_3-2.png 622w, \/wp-content\/uploads\/2022\/03\/Screenshot_3-2-300x65.png 300w\" sizes=\"(max-width: 622px) 100vw, 622px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76db71b elementor-widget elementor-widget-heading\" data-id=\"76db71b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">Final thoughts<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b594b04 elementor-widget elementor-widget-text-editor\" data-id=\"b594b04\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>Meta Platforms has several challenges that need to be addressed. There are some ironies within these issues, for example, the same company is suffering from increasing competition and antitrust lawsuits at the same time.<\/p><p>The natural slowdown in user growth and a probable drop in time spent by users on their platforms will have an impact on revenue. Despite those headwinds, the broadening digital ads market will keep driving revenues up.<\/p><p>Margins, on the other hand, will certainly be lower. Targeting challenges, difficult-to-monetize new trends and Metaverse expenditures are a fact.<\/p><p>There\u2019s a big probability of earnings being stagnated during the next few years. Yet, the company will remain a key player in the ever-growing digital ads market while also offering exposure to new initiatives.<\/p><p>Regardless of the challenges ahead, the huge drop in value offers an interesting margin of safety. Multiple expansion could lead to attractive returns, so it\u2019s crucial to follow changes in the narratives. Drivers could be Metaverse gaining widespread adoption, iOS impact easing or engagement trends improving. The huge amounts spent on R&amp;D and leading AI capabilities should help.<\/p><p>Thanks for reading!<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a182c3 elementor-widget elementor-widget-divider\" data-id=\"2a182c3\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ebebd0c elementor-widget elementor-widget-text-editor\" data-id=\"ebebd0c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p style=\"text-align: center;\"><a href=\"https:\/\/github.com\/CamiloCisera\/Blog\/blob\/master\/FB.py\" target=\"_blank\" rel=\"noopener\">Here<\/a> is the Python code for this post<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Narratives matter<\/p>","protected":false},"author":1,"featured_media":1181,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[40],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What\u2019s going on with Meta Platforms? - Camilo Cisera<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/camilocisera.com\/en\/whats-going-on-with-meta-platforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What\u2019s going on with Meta Platforms? - Camilo Cisera\" \/>\n<meta property=\"og:description\" content=\"Narratives matter\" \/>\n<meta property=\"og:url\" content=\"https:\/\/camilocisera.com\/en\/whats-going-on-with-meta-platforms\/\" \/>\n<meta property=\"og:site_name\" content=\"Camilo Cisera\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-10T16:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-29T12:48:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/camilocisera.com\/wp-content\/uploads\/2022\/03\/pexels-nothing-ahead-8296051-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@camilocr3\" \/>\n<meta name=\"twitter:site\" content=\"@camilocr3\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/camilocisera.com\/en\/#website\",\"url\":\"https:\/\/camilocisera.com\/en\/\",\"name\":\"Finanzas & Python - Camilo Cisera\",\"description\":\"Finanzas &amp; Python\",\"publisher\":{\"@id\":\"https:\/\/camilocisera.com\/en\/#\/schema\/person\/106653ef054936b50fbdd523ef70c9db\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/camilocisera.com\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#primaryimage\",\"inLanguage\":\"en-GB\",\"url\":\"\/wp-content\/uploads\/2022\/03\/pexels-nothing-ahead-8296051-scaled.jpg\",\"width\":2560,\"height\":1707},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#webpage\",\"url\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/\",\"name\":\"What\\u2019s going on with Meta Platforms? - Camilo Cisera\",\"isPartOf\":{\"@id\":\"https:\/\/camilocisera.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#primaryimage\"},\"datePublished\":\"2022-03-10T16:15:00+00:00\",\"dateModified\":\"2023-04-29T12:48:35+00:00\",\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/\"]}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#webpage\"},\"author\":{\"@id\":\"https:\/\/camilocisera.com\/en\/#\/schema\/person\/106653ef054936b50fbdd523ef70c9db\"},\"headline\":\"What\\u2019s going on with Meta Platforms?\",\"datePublished\":\"2022-03-10T16:15:00+00:00\",\"dateModified\":\"2023-04-29T12:48:35+00:00\",\"commentCount\":2,\"mainEntityOfPage\":{\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/camilocisera.com\/en\/#\/schema\/person\/106653ef054936b50fbdd523ef70c9db\"},\"image\":{\"@id\":\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#primaryimage\"},\"articleSection\":\"IN ENGLISH\",\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/camilocisera.com\/whats-going-on-with-meta-platforms\/#respond\"]}]},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\/\/camilocisera.com\/en\/#\/schema\/person\/106653ef054936b50fbdd523ef70c9db\",\"name\":\"Camilo Cisera\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/camilocisera.com\/en\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"\/wp-content\/uploads\/2020\/05\/01.jpg\",\"caption\":\"Camilo Cisera\"},\"logo\":{\"@id\":\"https:\/\/camilocisera.com\/en\/#personlogo\"},\"sameAs\":[\"https:\/\/twitter.com\/camilocr3\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/posts\/1180"}],"collection":[{"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/comments?post=1180"}],"version-history":[{"count":17,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/posts\/1180\/revisions"}],"predecessor-version":[{"id":1222,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/posts\/1180\/revisions\/1222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/media\/1181"}],"wp:attachment":[{"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/media?parent=1180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/categories?post=1180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/camilocisera.com\/en\/wp-json\/wp\/v2\/tags?post=1180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}