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Shares in Facebook and Instagram parent company Meta Platforms fell by around 12% at times in US after-hours trading on Wednesday after the tech giant released its outlook for the current quarter. Meta predicted a turnover of between $36.5 billion and $39 billion, the tech giant said in the outlook, released together with its first quarter results. Analysts had expected an average of $38.4 billion. The company is also preparing for higher costs this year while focussing more on artificial intelligence. Meta is now forecasting total 2024 expenses to be in the range of $96 billion to $99 billion…

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