Meta Reports First Ever Quarterly Sales Decline

The video discusses the challenges faced by Meta, focusing on currency impact, ad pricing decline, and engagement issues. It highlights the competition with TikTok and the shift towards AI-based recommendations. The discussion also covers Meta's growth challenges, particularly with the core Facebook app, and the broader economic factors affecting the company, including hiring practices and cost control measures.

What are the two main factors impacting Facebook's revenue as discussed in the text?

How is Facebook attempting to address the decline in ad pricing?

What engagement issues are mentioned regarding Instagram and the core blue app?

What challenges does Meta face in trying to compete with TikTok?

What broader economic factors are influencing Meta's hiring and expense strategies?