Facebook-parent Mita reported Wednesday that its earnings more Half to $4.4 billion in Third quarter From $9.2 billion a year Earlier, he said that plans “Important changesTo enhance efficiency in Economic tough environment.
The social The networking giant, which is facing stagnation in user numbers and cutbacks in advertising budgets also He said revenue fell to $27.7 billion from $29 billion year earlier.
We are approaching 2023 with Concentration on Prioritize and efficiencies that will help us Go to current environment Mark Zuckerberg, President of Meta, said the company is showing stronger in a earnings Release.
“While we are face near-term challenges on Revenue, the basics are there for Back to stronger earnings growth. “
the number of monthly active Users on Facebook was up just 2 percent To 2.96 billion at the end of September, Mita reported.
Meanwhile, the number of Employees at tech Titan reached 87314, 28 percent increase from year Earlier , earnings mentioned the report.
“We are achieving significance changes across the board to turn on more he said dead in Version.
“We are holding some teams flat in terms of The number of employees, the reduction of others and the investment of the number of employees growth Just in our highest priorities”.
It is based in Silicon Valley tech The company said it expects to maintain headcount levels in Check over The next year.
Apple juice
big tech Platforms are suffering from the economic climate, forcing advertisers to cut them down back on Marketing budgets and data privacy changes that Apple has reduced space for Customize ads.
apple last year It started letting iPhone users decide whether they want it or not allow they online Activity to be tracked for the purpose of Targeting ads – change what he said shows her focus on Privacy, but any critics Note The company does not prevent itself from being tracked.
Meta predicted that policy, which affects accuracy of The ads you sell thus priceto me cost The social media Giant 10 billion dollars in This lost income year.
This week, Apple updated Its own app store rules to order it apps offered there use push it system for sales of “Reinforced” posts, which are basically advertising messages that are promoted to the top of social media feeds for a price.
The App Store is the only portal for digital content To access your iPhone or iPad.
Change means Apple can collect 30 percent A committee on This type of Advertising on Facebook and Instagram, where all money made They previously went to Meta because they used their own payments system.
“Apple continues evolve its policies to develop its own policies business while undermining others in The digital economy said dead in reply To an inquiry made by Agence France-Presse.
“Apple previously said it didn’t take long share of developer Advertising earnings, now it seems changed his mind.”
He was dead long ago handed what seems endless growth But she mentioned this early year that it first decline in global daily users.
In July, I reported a dead first Quarterly revenue drop and falling profit.
