Facebook owner Meta in first ever sales fall for
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.