meta 1st ever revenue drop

Meta, Facebook’s parent company, records first ever revenue drop amid recession fears

Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.

July 28, 2022
July 28, 2022

Meta, Facebook’s parent company, records first ever revenue drop amid recession fears

Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.

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