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Meta Plunges 20% After Facebook Loses Daily Users For First Time - Vimarsana News

Meta Plunges 20% After Facebook Loses Daily Users For First Time

Facebook owner Meta Platforms Inc's shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast, blaming Apple's privacy changes and increased competition for users from rivals like TikTok.

Source: ndtv.com