Meta results show impact of data fines and datacentre upgrade strategy
Meta, the owner of Facebook, has posted earnings of $32bn for the second quarter of 2023, an 11% increase compared with the same quarter in 2022. The company’s chief financial officer, Susan Li, said she anticipated that Meta’s full-year 2023 expenses would be in the range of $88-91bn, an increase of between $1bn and $2bn…
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