
Meta’s watershed Q2 spells bad news for its ad business
By Daniel Konstantinovic Meta’s watershed Q2 results spell trouble for the social media giant’s future. The company posted its first ever year-over-year revenue decline this quarter, and its business faces existential challenges on every front. Second-quarter revenues totaled $28.15 billion, down from $29.07 billion in 2021. Net income was $6.68 billion, a 36%


















