Facebook is facing losses due to Chinese companies, Meta’s earnings decreased


Source: digitnews.in digitnews.in

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New Delhi. In the world of social media, Facebook rules one-sidedly. Over time, more companies have knocked in the market to compete with Facebook. But Facebook has always held its position. Now this news can surprise Facebook lovers. Because now the new report that has come out has revealed that many other social media companies have started giving tough competition to Facebook. Facebook’s ad sales have also been affected due to the fierce competition. The company’s shares have also fallen by 4.6% since the results were announced. Also, Meta’s revenue in the third quarter has reached $ 26 billion. Whereas...