Facebook owner Meta in first ever sales fall for

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The owner of Instagram and WhatsApp faces increased competition from the likes of TikTok. …

Meta boss Mark Zuckerberg said the firm would reduce its hiring “steadily” over the next year, a response to the downturn and the company’s plans to shift investment into new areas, including its virtual reality platform, Horizon, in a bet that the so-called metaverse is its best prospect for growth.

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