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Facebook's Meta posts first-ever revenue drop
Meta also said that revenue in the recently ended quarter ebbed a percent to $28.8 billion, its first such slip since the firm, then known simply as Facebook, went public in 2012.
Facebook's Meta reports earnings slip /AFP FILE
By: NewVision Reporter, Journalists @NewVision
Facebook-parent Meta reported on Wednesday its first quarterly revenue drop and a plunging profit as the social media powerhouse battles a turbulent economy and the rising phenomenon of TikTok.
Meta had