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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Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance (New York Times)

New York Times : Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is s...