Meta Platforms revenue grew by just 7% to $27.9 billion last quarter, falling within the company’s own projections but still markedly slower than the 20% reported in the fourth quarter. The company is anticipating revenue in the next quarter between $28 and $30 billion, a growth rate of 1.5%, including the impact of foreign exchange movements which knocked three percentage points off the...
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The Briefing Markets
Musk Throws Shade at Twitter CEO (and Securities Rules)
It’s day 43 in the Elon Musk–Twitter saga—and things are getting even weirder. Today we witnessed the bizarre spectacle of Elon Musk tweeting a poop emoji at Parag Agrawal after the Twitter CEO tried to clarify the company’s procedures for keeping spam bots at bay. A short time later, Bloomberg reported that Musk had told a private conference in Miami a viable deal for Twitter at a lower price...
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