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Facebook’s parent company Meta records first ever quarterly drop in revenue

  • 📰 IrishTimesBiz
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Social media firm forecasts current quarter revenue below estimates amid weakness in digital ad market via IrishTimesBiz

Wed Jul 27 2022 - 21:30

Meta's earnings further underscored an inflation-induced slowdown in the digital ad industry, which has been booming for decades as companies tapped the power of the internet to reach consumers.

 

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