Wednesday, October 26, 2022

Meta’s profit slides by more than 50% as challenges mount


A year ago, Mark Zuckerberg changed Facebook’s name to Meta and said he was going all in on the metaverse. On Wednesday, the company posted falling sales and said it was “making significant changes” to operate more efficiently.

source https://www.seattletimes.com/business/metas-profit-slides-by-more-than-50-as-challenges-mount/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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