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Meta’s profits plunge more than 50% as ad revenue dwindles

Por: New York Post Tech October 27, 2022

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Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces . The quarter’s weak results raised fresh questions about whether Meta’s — a concept that doesn’t quite exist yet and possibly never will — is prudent while its main source of revenue is faltering. The quarterly results from Meta Platforms Inc. sent its stock tumbling 19% in after-hours... + full article



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