Facebook parent Meta Platforms posted its slowest revenue growth since going public a decade ago, as the company navigates growing competition for users and privacy headwinds on its advertising business.
Meta’s advertising revenue for the first quarter was $27.9 billion, up 6.6% compared with a year prior. Analysts had predicted Meta’s advertising revenue would rise to $28.3 billion in the first quarter of 2022.
To Read the Full Story
This post first appeared on wsj.com
