Meta Takes $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion

Meta reported second-quarter earnings that show revenue surging twenty-eight percent to over sixty billion dollars, per Variety. But the company's gains were tempered by a two point four billion dollar charge for legal proceedings, plus additional charges tied to layoffs that also weighed on the quarter's profitability.

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