Wednesday, October 26, 2022

https://ift.tt/iHQovLN reports another drop in revenue, in a rough week for tech companies

Meta employees demonstrate the Meta Quest Pro virtual reality headset during a media preview at the Meta Store in Burlingame, Calif. on Tuesday, Oct. 25.

Facebook and Instagram's parent company Meta reported a revenue drop for the second time in its history. Snapchat, Microsoft and Google also reported losses in the last quarter.

(Image credit: Nic Coury/Bloomberg via Getty Images)

Meta reports another drop in revenue, in a rough week for tech companiesMeta employees demonstrate the Meta Quest Pro virtual reality headset during a media preview at the Meta Store in Burlingame, Calif. on Tuesday, Oct. 25.

Facebook and Instagram's parent company Meta reported a revenue drop for the second time in its history. Snapchat, Microsoft and Google also reported losses in the last quarter.

(Image credit: Nic Coury/Bloomberg via Getty Images)



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