Ad revenue for the social media giant was better than expected at a time when the industry is seeing a downturn. 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.Read Full Story
Comment on Meta stock skyrockets as Facebook parent company announces buybacks
Christopher Zara, Fast Company
Wed, 02/01/2023 - 9:50am
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