Mark Zuckerberg Pushes Meta Toward Retail Expansion As Internal Memo Reveals Plans To Open Physical Stores: Report
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Meta Platforms Inc. is planning to expand its retail presence by opening physical stores and hiring staff, as revealed in an internal memo. Currently, the company operates one store in California, and details on the number of new locations and timing are not yet available. This move aims to enhance competition with rivals like Apple. Additionally, Meta's product team will be reorganized into two divisions focusing on AI and AGI. Meta shares were down 0.47% pre-market after a slight increase in the previous session.
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