Facebook, WhatsApp's parent company reports revenue decline for first time


Content Team
Image Credit: hypebeast

Meta, the owner of Facebook, Instagram, and WhatsApp, has announced its Q2 earnings report, and it is not pretty. For the first time since it went public in 2012, the company saw a year-over-year decline in revenue. It is now in the middle of a tough period mired with economic and regulatory turbulence. Meta was also sued by the Federal Trade Commission on Wednesday.