Technology

Meta's core business in trouble as revenue keeps falling

Meta CEO Mark Zuckerberg promises to focus on "efficiency" to get out of tough economic times. (Bloomberg)
October 26, 2022 09:23 PM

Meta’s ad business took a hit in the third quarter, with revenue dropping year over year for the second period in a row, an unprecedented sequence of declines for the company, and the tough times do not appear to be abating.

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