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Facebook (Meta) ranked worst company of the year and Microsoft ranked best

Yahoo Finance conducted a survey to find out which companies are performing better than their competitors. The market indicators and various achievements of the companies, as well as their activities, were taken into account. According to the results of the study, Microsoft was named the best company of the year, with a market capitalization of $ 2 trillion. The company's share price has risen to 53% since the beginning of the year. In terms of the worst company of the year, Facebook (Meta) overtook all of its competitors.

As a reminder, Facebook (Meta) was at the center of antitrust proceedings. Some insiders have said the company has ignored safety issues for the sake of growth. The US Congress regularly calls Zuckerberg for answers. There have been too many complaints about the company's policies or approach to spread misinformation. Users also complained about censorship and privacy.

Facebook has received a ton of negative comments due to its Instagram social network. Users think that there is little control over content, which can be bad for children and young people. By the way, for the same reason, the US government (and not only) banned TikTok.

However, 30% of respondents believe that "Facebook can atone for its guilt by donating a significant amount of its profits to the foundation to help reverse the damage it has done." Others are confident that Facebook understands everything very well and is rebranding to avoid further repercussions.

Facebook (Meta) shares are up 22% since the start of the year, but are down about 13% from their September high.

Facebook (Meta) ranked worst company of the year and Microsoft ranked best