Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.
Meta shares crashed in after-hours trading Wednesday after the company warned profits will slip over the summer.
The board is asking shareholders to approve Musk’s compensation package after it was struck down by a Delaware judge.
Brands and marketers might be able to buy ads on the text-based platform Threads sooner than expected.
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total
The move would make Threads Meta's latest bit of ad real estate venue just over a year after its launch.
Don't expect Meta search ads, but there could eventually be ads and paid content in Meta AI interactions, says CEO Mark Zuckerberg.
AI continues to drive Meta's year-long recovery. Revenue from its Advantage+ Shopping Campaigns (ACS) more than doubled since last year, Meta CEO Mark Zuckerberg said during the Q1 2024 earnings call. Meta, the parent company of Instagram and Facebook, reported a 27% increase in revenue, reaching $36.5 billion compared to $28.6 billion in 2023. Advertising contributed 97% of that revenue, or $35.6 billion, and the average price of ads rose 6%. “For all the recent scrutiny of its...
Four people sued the Japanese arm of U.S. tech giant Meta Platforms Inc on Thursday over false investment ads using fake celebrity endorsements on Facebook and Instagram. The plaintiffs, including those from Kobe and Tokyo, filed the lawsuit with the Kobe District Court, claiming they had lost money because the
Thousands of Scots are paying £100 for check-ups with private GPs amid the waiting times crisis engulfing the health service.
Meta is rolling out real-time AI image generation in beta for WhatsApp users in the US. As soon as you start typing a text-to-image prompt in a chat with Meta AI, you’ll see how the image changes as you add more detail about what you want to create. In the example shared by Meta, a user types in the prompt, “Imagine a soccer game on mars.” The generated image quickly changes from a typical soccer player to showing an entire soccer field on a Martian landscape. If you have access to the beta,...
A new report suggests that every tech giant has failed to provide crucial ad transparency tools to its user base, leaving the door open for disinformation and manipulation. On Tuesday, Mozilla and CheckFirst, a Finland-based research company, released a report detailing how tech companies like Apple, Google, TikTok, and X handle ad transparency. Ultimately, the report found that all platforms could be doing more to disclose why a user is seeing an advertisement and who is behind the ad....