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Meta s profit slips as Facebook loses users

As Facebook daily users dropped by nearly one million, parent firm Meta's value too has tumbled, with concerns on lower growth and ad revenue.

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Meta s profit slips as Facebook says it s losing 1m users daily - Business

User growth was impacted by “headwinds” including disproportionate growth in the Asia-Pacific during the pandemic, CFO says.

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Facebook Reports Lesser-Than-Expected 1 93 Billion Daily Active Users in Q4 2021, Meta Profit Slips

Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.

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Meta s profit slips as Facebook loses users

SAN FRANCISCO, Feb 3, 2022 (BSS/AFP) - Facebook's parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop

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Meta s profit slips as Facebook loses users

The company s executives repeatedly refer to competition from TikTok but also from other networks

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