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Meta records first-ever revenue decline; metaverse business loses almost $3 billion, again [TechSpot]
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Meta’s earnings report shows it made $28.8 billion in revenue for the April-June quarter. That’s down 1% compared to the same period a year earlier, the first time Meta/Facebook has experienced a revenue drop since going public. The figure also fell short of analysts’ expectations of $28.92 billion. Net income,…
