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Meta Quarterly Earnings: Profit Declines With Losses in Reality Labs

The social networking company, which is trying to shift into the so-called metaverse, posted falling sales and said it was “making significant changes” to operate more efficiently.

Ryan Mac
Author: Ryan Mac

Written by

Ryan Mac

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Antitrust Laws and Competition Issues, Company Reports, Computers and the Internet, Facebook Inc, Instagram Inc, Meta Platforms Inc, Metaverse (Internet), Online Advertising, Social Media, Virtual Reality (Computers)
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