Friday, July 29, 2022

Meta concerned about next quarter as it faces its first-ever revenue drop

Total revenue, which consists almost entirely of ad sales, fell 1% to $28.8 billion in the second quarter ended June 30, from $29.1 billion last year. The figure slightly missed Wall Street's projections of $28.9 billion, according to Refinitiv. https://ift.tt/IKyPTaq

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Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a partnership, an investment, or an acquisition (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Sources: Nvidia is in early talks with South Korean AI chip maker Rebellions for a potential deal, including a p...