Meta lost 20 million users last quarter

"Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for "Family daily active people" - the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or Messenger - declined by 20 million this quarter compared to the previous three months. Meta attributes this fall to "internet disruptions in Iran, as well as a r"

Original Source

This report is based on coverage originally published by The Verge.

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