Home | News & Insight | ‘They have an engagement problem’: Facebook parent Meta’s sales miss estimates in first-ever quarterly drop

‘They have an engagement problem’: Facebook parent Meta’s sales miss estimates in first-ever quarterly drop

28th Jul 2022 | 11:48am

Meta Platforms Inc., the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets. Read More

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‘They have an engagement problem’: Facebook parent Meta’s sales miss estimates in first-ever quarterly drop