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Meta Reports Rise in Daily Facebook Users to 1.97 Billion as Profits Plunge Amid Q2 Revenue Drop

Meta, previously known as Facebook, announced it saw a rise in daily active users to 1.97 billion, while monthly active users dropped to 2.93 billion in Q2 2022. The company on Wednesday reported its first ever quarterly revenue drop, one percent, as revenue fell to $28.8 billion (roughly Rs. 2,29,700 crore) for the first time for the company since it went public in 2...

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