On the investor call, Zuckerberg said he believed the economy was entering a downturn that would have a "broad impact" on the digital advertising business. The comments were more pointed than those Zuckerberg had delivered during an investor call the prior day, after Facebook-owner Meta recorded its first ever quarterly drop in revenue and forecast another fall to come in the third quarter. The employee had asked about mistakes Zuckerberg had made, the person said.
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