Zuckerberg is betting the future of Facebook on video, Instagram


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  • Thursday, 01 Nov 2018

Facebook Watch and Instagram TV, the company

Facebook Inc chief executive officer Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories,” not the company’s famous news feed. Investors are buying into the vision for now.

The newer products may make less money and steal user attention from the main stream of photos, comments and lucrative ads on the social network, Zuckerberg warned. Marketers aren’t totally comfortable with the new formats yet, and 2019 will be another year of significant investment, he added on a conference call with analysts.

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