FTC sues Meta to block acquisition of VR firm Within Unlimited
www.thetokendispatch.com
Meta is seeing tough times ahead, hit by two big blows back-to-back! Firstly, Facebook reported its first-ever decline in quarterly revenue since it went public in 2012. The overall profit for its parent company, Meta, fell 36% to $6.7 billion. Meta CEO Mark Zuckerberg said on July 27 that the company would steadily reduce headcount growth over the next year.
FTC sues Meta to block acquisition of VR firm Within Unlimited
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FTC sues Meta to block acquisition of VR firm Within Unlimited
Meta is seeing tough times ahead, hit by two big blows back-to-back! Firstly, Facebook reported its first-ever decline in quarterly revenue since it went public in 2012. The overall profit for its parent company, Meta, fell 36% to $6.7 billion. Meta CEO Mark Zuckerberg said on July 27 that the company would steadily reduce headcount growth over the next year.