Meta reports another drop in revenue, in a rough week for tech companies

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Meta employees demonstrate the Meta Quest Pro virtual reality headset during a media preview at the Meta Store in Burlingame, Calif. on Tuesday, Oct. 25. Nic Coury/Bloomberg via Getty Images

Nic Coury/Bloomberg via Getty Images

It’s gotten tougher for Big Tech.

Facebook and Instagram’s parent company Meta said revenue fell 4% in the three months from July through September compared to a year earlier, from $29 billion to $27.7 billion. The announcement caused shares to plunge on Wednesday.

The company said the

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