December 6, 2022
Sci & Tech

The $4.4b quarterly profit for Meta more than halved

The parent company of Facebook, Meta, revealed on Wednesday that its third-quarter profit more than halved from $9.2 billion to $4.4 billion and that it is planning “major changes” to increase efficiency in the face of a challenging economic climate. The social networking behemoth also reported that income dropped to $27.7 billion from $29 billion […]

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