Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok's wildly popular video app.The quarter's weak results raised fresh questions about whether Meta's plans to spend $10 billion US a year on the metaverse a concept that doesn't quite exist yet and possibly never will is prudent while its main source of revenue is faltering.
#people #information #competition #transparency #requirements #news-release #intentionally #global-economy #campaign-finance
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