Episode 116. Facebook’s Meta-morphosis, Big Tech reports earnings, and Jio’s $87 smartphone

Meta represents more than a new name for Facebook. We discuss the vision behind Facebook’s future direction as well as how effectively the company can capitalize on it. Plus, while big cloud services continued to drive revenue, we look at how supply chain challenges and some demand softening has led to some high-profile estimate misses. Finally, we look at the $87 Jio. Next, a highly optimized Android smartphone from Google designed to entice Indian consumers to upgrade from 2G phones.