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Meta advertising revenue growth accelerates, Google search revenue growth slows

CNBC · ·by G4L

  1. 1Meta advertising revenue growth reached 26% for the quarter.
  2. 2Google search revenue growth was 12% for the quarter.
  3. 3UBS analysts noted that concerns over search erosion resurfaced following Google's results.

So what's the key point?

Meta's advertising revenue increased by 26%. Meanwhile, Google's search revenue growth has slowed, leading to concerns about losing market share to other services.

Source CNBC · View original ↗

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