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Los Angeles Times
Los Angeles Times
Business
Michael Hiltzik

Michael Hiltzik: Is this the beginning of Facebook's downfall?

If there's a single immutable law in human biology, it's that no one lives forever. The same goes for corporations.

The latest big company to confront the fact that the Grim Reaper spares no one and no thing is Meta Platforms, formerly known as Facebook.

Meta on Thursday suffered the largest one-day loss in U.S. stock market history, following an unexpectedly sour report of fourth-quarter earnings.

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