Meta Logs Another Revenue Decline Amid Concerns Over Metaverse Plans ...Middle East

San Francisco: Meta (formerly Facebook) has posted another quarterly revenue decline as investors begin to lose faith in its loss-making, billion-dollars metaverse dream. In the third quarter (Q3), Meta’s revenue declined 4 per cent year over year to hit $27.7 billion. The company posted a net income of $4.395 billion, down from $9.194 billion year over […] The post Meta Logs Another Revenue Decline Amid Concerns Over Metaverse Plans appeared first on Ommcom News.

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