Digital ad resurgence propels Meta to a 23 percent revenue spike in Q3
In a surprising reveal, tech giant Meta has exceeded market predictions with a substantial 23% rise in its third quarter revenue, marking the steepest growth...
Tag : Meta
Unexpected ally, Taliban sides with Twitter in social media clash
In an unanticipated development, Anas Haqqani, a key leader of the Taliban, has entered the ongoing social media feud between Twitter and Threads. He publicly...
Meta’s Threads versus Twitter, a battle of visions and leadership
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal...
Meta forges ahead with AI research, rejecting Elon Musk-backed pause request
Meta CEO Mark Zuckerberg and top executives are heavily focused on artificial intelligence (AI) development, according to the company’s Chief Technology Officer, Andrew Bosworth. He...
Spotify will reduce its workforce by 6 percent
In an effort to prepare for a possible recession, music streaming company Spotify Technology announced on Monday that it is planning to lay off 6%...
EU antitrust probe could lead to a $11.8 billion fine for Meta
The European Commission, which is the executive arm of the EU, has found Meta to be in violation of EU antitrust law. This is because...
Funding for metaverse projects is raised with a $10 billion bond issue by Meta
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to...