Meta's advertising engine keeps pace with its AI build-out as legal costs cut into profit

T2Covered by 1 source · first reported by DigiTimes (headlines) at 22 Oct, 00:57 UTC

Meta Platforms' third quarter showed that its core advertising business is still growing fast enough to carry one of the largest infrastructure programs in the technology industry. Still, it also showed legal liabilities becoming a material cost line. Revenue rose 26% year on year to US$64.6…