Wednesday, July 27, 2022

Facebook parent Meta posts first revenue decline in history


Facebook and Instagram’s parent company Meta posted its first revenue decline in history on Thursday, dragged by a drop in ad spending as the economy falters — and as competition from rival TikTok intensifies.

source https://www.seattletimes.com/business/facebook-parent-meta-posts-first-revenue-decline-in-history/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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