Meta’s Revenue Dropped For The First Time Ever In Q2, As It Faces TikTok, Signal Loss And Weak Ad Demand

If revenue falls in the metaverse, does it make a sound? For the first time in Meta’s history, it reported a year-over-year decline in total revenue, down 1% in the second quarter, to $ 28.8 billion – missing analyst estimates of $ 28.94 billion. Ad revenue was down YoY from $ 28 billion to $ 28.152 billion. The total… Continue reading »

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