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Why Facebook’s Profit Margin Is Shrinking

August 17, 2023
in AI & Technology
Reading Time: 1 min read
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Nov.19 — Facebook Inc.’s spending has increased by $7 billion, or 47 percent, this year through Sept. 30, and many of those costs are unrelated to safeguard its social network against foreign propaganda and hate speech. Bloomberg’s Shira Ovide has more on “Bloomberg Technology.” Ovide’s opinions are her own.

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