In the fourth quarter, earnings and income for Meta saw a significant rise due to reductions in expenses and a rebound in advertising.
Meta Platforms Inc. experienced a threefold increase in its earnings and reported significantly higher revenue in the last quarter of 2023, driven by a recovery in digital advertising and efforts to reduce costs and lay off employees, which CEO Mark Zuckerberg referred to as the “efficiency year.” Debra Aho Williamson, a well-established technology analyst, stated
READ MORE