Number of Facebook users fall first time ever; Cognizant posts strong Q4 numbers; Chargebee raises $250 million

Facebook saw its first-ever quarterly decline of daily users globally. Parent company Meta warned of a slowdown in the growth of ad sales that sent its shares plunging by 20 percent on Wednesday. US IT services giant Cognizant joined its rivals in posting strong December quarter numbers. Chargebee, a SaaS company raised a quarter of a billion dollars with a big jump in valuation