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Best Media Info: While revenue generated from YouTube Ads stands at $7.07 billion, Google’s Search ads brought in $39.54 billion in the third quarter of FY22| Advertising News
Meta's metaverse-related Reality Labs lost $3.7 billion in the third quarter, taking losses this year to $9 billion, and a digital ads slowdown is hitting techs.
Meta's metaverse-related Reality Labs lost $3.7 billion in the third quarter, taking its losses for the year to $9 billion.
In Q3, the Google parent's core advertising business grew revenue just 2.5% year over year.
The recession is coming for the search giant.