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Meta Platforms Inc, formerly Facebook, saw its user numbers decline for the first time in its 18-year history, as the social media platform faced increasing competition from rivals like TikTok and YouTube. Facebook’s global daily active users totalled 1.929bn in the fourth quarter to end-December 2021, down from 1.93bn in the previous three months, although the number rose by 5% compared with the year-ago period.
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