Meta continues to post soaring revenue, but the Mark Zuckerberg-led company took a big hit in the second quarter of 2026 related to legal proceedings. The company, the parent of Facebook and Instagram, said it took “$2.4 billion charges related to legal proceedings” in Q2. Meta’s bottom line also was dinged by $1.18 billion in […]
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Meta Takes $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion
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