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Metaverse Crumbles as Earnings Crash, Zuckerberg’s Empire Trembles

Despite a strong quarterly report, Meta's revenue growth is slowing, and investors are worried about its increased spending on AI. They're concerned about Meta's costs after years of focus on efficiency. Additionally, Meta faces competition from platforms popular with younger users, such as Snapchat and TikTok. The company must address these challenges to maintain its growth trajectory.