Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year
The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the...
Advertising/Marketing/Public Relations
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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WSJ News Exclusive | Mark Zuckerberg Says Meta Will Slow Hiring, Won’t Rule Out Future Layoffs
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Publicis Posts Better-Than-Expected Organic Growth as Ad Industry Appears Resilient
Publicis Groupe SA reported higher-than-expected organic growth of 7.1% in the first quarter, and the advertising holding company said demand...
Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
TechBetterHelp barred under proposed settlement from supplying health data for ads Source link
Amazon to Cut 9,000 More Jobs After Earlier Layoffs
CEO Andy Jassy cited an ‘uncertain economy’ and more uncertainty in the near future. Source link
Job Listings Abound, but Many Are Fake
A mystery permeates the job market: You apply for a job and hear nothing, but the ad stays online for...
WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
Facebook’s parent is planning additional job cuts in multiple rounds over the coming months that in total would be roughly...
Former Facebook Execs Launch Startup, Adding to Efforts to Improve Ad Measurement
Two former executives of Facebook parent Meta Platforms Inc. are seeking to solve one of the social-media industry’s biggest challenges...
Supreme Court Hears Arguments on Whether Twitter Is Liable in Terror Case
TechCase was brought by family members of man killed in Islamic State attack Source link
Facebook Parent Launching ‘Meta Verified’ Subscription Service
Meta Platforms plans to test “Meta Verified,” starting at $11.99 a month, in Australia and New Zealand. Source link
WSJ News Exclusive | Meta Pursues Teen Users as Horizon Metaverse App Struggles to Grow
The Facebook parent’s updated strategy for the fledgling app includes opening it up to teens aged 13 to 17. Source...
WSJ News Exclusive | BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Quizzes and Other Content
WSJ News ExclusiveMedia & MarketingCEO Jonah Peretti intends for artificial intelligence to play a larger role in the company this...
Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
Netflix elevated longtime executive and heir apparent Greg Peters to the co-CEO role. Source link
Apple CEO Tim Cook to Take a 40% Pay Cut This Year
BusinessThe iPhone maker said in a filing that Mr. Cook recommended the reduction Source link
Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023
Employers added 223,000 jobs in December, the smallest gain in two years Source link
WSJ News Exclusive | Amazon Layoffs to Hit Over 17,000 Workers, the Most in Recent Tech Wave
WSJ News ExclusiveTechCuts focused on the company’s corporate staff exceed earlier projection Source link
Google and Meta’s Advertising Dominance Fades as TikTok, Streamers Emerge
For the first time in nearly a decade, the two largest players in online advertising are no longer raking in...
Elon Musk’s Twitter Says It Plans to Expand Political Ads Allowed on Platform
TechPolitical advertising was largely banned in 2019 under then-CEO Jack Dorsey Source link
Get Ready for the Richcession
If the economy enters a recession in 2023, or even if it manages to narrowly evade one, it might be...
