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Apple's Privacy Changes and TikTok Competition Inescapable for Meta, For Now

Kamis, 28 Juli 2022 | 20:13 WIB
Apple's Privacy Changes and TikTok Competition Inescapable for Meta, For Now

ILUSTRASI. Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Meta Platforms Inc in the near term. REUTERS/Dado Ruvic/Illustration

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term.Wall Street analysts said.

At least 10 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by US companies from a stronger dollar as well as worries of an impending recession.


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