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Meta’s Watershed Q2 Spells Bad News for its Ad Business

Published September 13, 2022

With the media landscape continuing to grow, Meta faces some major competition with Facebook, Instagram, and TikTok. Meta released its first ever revenue decline in Q2 totaling $28.15 billion, down from $29.07 in 2021. To stay competitive with other social media platforms, Meta needs to increase its advertising efforts with the younger generation. 

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