Tag Archives: #Meta

Meta Announces $10 Billion Plan to Build 40,000 km Underwater Fiber Optic Cable

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Meta, the parent company of Facebook, Instagram and WhatsApp, continues to strengthen its position as one of the largest players in the Internet infrastructure. Meta plans to build a large-scale underwater fiber optic cable with a length of more than 40,000 km, covering the entire globe. This ambitious project will require investments in excess of $10 billion, making Meta the sole owner and user of the cable — a first for the company.

Strategic Reasons For Investments Improving

  • Traffic Quality: With the increasing use of the Internet, Meta, which serves 10% of fixed and 22% of mobile traffic worldwide, needs to ensure reliable and high-speed data transmission. Own cable will allow the company to optimize the traffic flow, reducing dependence on third-party providers.
  • Development of AI and Data Centers: Meta is considering the possibility of creating a data center in India, which will reduce the cost of computing power and accelerate the training of artificial intelligence models. The submarine cable will be a key element of this infrastructure.
Concept of how Meta's global, subsea cable could look, in the shape of a W
Map Of Meta’s “W” Cable

Current Stage and Prospects

  • The project is in the early stages of development. The initial budget is $2 billion, but as we move forward, it may increase to more than $10 billion. Meta is expected to officially announce the details of the project in early 2025, including the route, capacity and construction justification.

Straight Arrow News

Conclusion
This step will allow Meta to ensure reliable data transmission, increase security and support the development of artificial intelligence, strengthening its position in the global Internet market. In the long run, such investments are likely to pay off, providing Meta with a sustainable advantage in the rapidly developing digital world.


Market Impact
I think Meta shows a very ambitious and strategically important step. Despite the high initial costs and risks, this project can significantly improve and strengthen the Meta company in the world and open up new opportunities for innovation

Sources:

1 https://san.com/cc/meta-to-build-10b-global-underwater-internet-cable-report/
2 https://techcrunch.com/2024/11/29/meta-plans-to-build-a-10b-subsea-cable-spanning-the-world-sources-say/
3 https://www.linkedin.com/pulse/map-metas-w-cable-sunil-tagare-blanc/

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“You win some, you lose some …”

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… a quote taken from the post published by Ice Cube on Twitter in 2014.

Business, Chart, Graph, Graphic, Diagram, Success
Simplified Pixabay License
https://pixabay.com/pl/service/license/.
Accessed: 07-02-2022.

On the one hand it’s an article about Meta (new “mother” of Facebook portal) and its lose in value – more than 250 bn dollars down, on the other hand, in bigger picture, about the changes in social media market that can been observed recently.

Let’s start with facts.

Financial Times reports: “Investors wiped more than $220bn from the market valuation of Facebook owner Meta as it warned that users were spending more time on newer rivals such as ByteDance’s TikTok.” You can say: it’s quite normal situation. Little did we know, whether Mr. Cube’s post was about stock fluctuations, probably not, but as it has been said, sometimes share price go up and at other times they go down. We have to use to it.

More interesting (and crucial) is question regarding reason for that. On the market there are only few things that are accidental. This case is not one of such things. Let us think:  What shareholders / analytics guys, economists and other people that have impact on the market, are so afraid of regarding FB? Hard to say, but in this social media business we, the people, aren’t very loyal. So we are moving from one portal to another. The quicker apps like TikTok are growing, the more worried about the condition of Mata are the its share holders and others group of interest.

“People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly – Mark Zuckerberg, chief executive, quoted by Financial Times in the mentioned article.

Sure thing, our world isn’t “monolith” anymore. There isn’t only FB (as it used to be in the past) being role model as a social platform and nothing more. Snapchat, Twitter, TikTok to mentioned the most well-known platforms. But out of three rivals of FB the last is the most dangerous (because of its potential to growth and the ability to attract, especially, young people). The youngers do enjoy posting “funny” (some of the them more / some – less) short films. In the meantime FB is a concerned by the this age group as “archaic tool for the elders”. No doubt it easy to find Your parents on FB, some Grandparents are to found on the platform too.

I do believe FB will be nr 1 (at least in the near future) social media platform, bringing people together. Simultaneously, I were responsible for FB, I would implement changes faster in order to adopt to new conditions – social awareness regarding data privacy policy. As I observe actions made by FB I am still having the feeling this is old fashioned organization which hasn’t learned by its own mistakes. Of course, Cambridge Analytica has impacted the FB’s altitude towards “our” data. But still the FB (Mata) business model is still based on ads. And as we know well. Ads depend on information (user’s tracking etc.). So I do think, that eventually FB has to change its philosophy in order to keep the users. Otherwise, according to me its future would be not so bright.

The content sources:

https://on.ft.com/3Gpoafx. Accessed: 04-02-2022.

https://twitter.com/icecube/status/530819499344535552. Accessed: 04-02-2022.

The image source:

https://pixabay.com/pl/illustrations/business-chart-graph-graphic-5475658/. Accessed: 07-02-2022.

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