Meta is making some big changes to its data center plans

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Meta has taken the lid off its 2022 end-of-year finances (opens in new tab), uncovering a reasonably small 1% drop in annual revenue compared with the year prior, at a time when other companies are reporting significant losses.The company explained a number of decisions it took to “pursue greater efficiency and to realign [its] business and strategic priorities”, which included a heavy review of its facilities that saw it open up subleases, early terminate, and

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