Meta posts lower Q4 profit, announces huge stock buyback2 min read . Updated: 02 Feb 2023, 05:25 AM IST
This is the third consecutive quarter of revenue decline for the tech giant, which laid off 11,000 workers
Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.
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