BuzzFeed Expects Recession Fears to Pressure Advertising
BuzzFeed Inc. posted a wider quarterly loss amid rising costs and expenses, and said it expected recession concerns to keep...
Advertising
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase...
California DMV Accuses Tesla of False Advertising
The California Department of Motor Vehicles accused Tesla Inc. TSLA -6.63% of falsely advertising its vehicles as autonomous. The state...
Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan
Warner Bros. Discovery Inc. WBD 4.61% is exploring launching a free, ad-supported streaming service, its chief executive said, the latest...
Paramount Revenue Gets Lift From ‘Top Gun’ Sequel, Streaming Service
Paramount Global PARA 1.08% said its “Top Gun” sequel and its growing streaming business helped boost revenue in the latest...
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
Mark Zuckerberg’s Bid to Reinvent Facebook Parent Meta Hits Early Snags
Meta on Thursday walked back some new Instagram features central to the revamp that had drawn swift user backlash. The...
Facebook Parent Meta Platforms Reports First Ever Revenue Drop
The company reported quarterly revenue of $28.8 billion, down almost 1% from a year earlier and slightly below the $28.9...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Netflix Loses Nearly 1 Million Subscribers, Vows Rebound
Netflix Inc. NFLX 5.61% suffered two consecutive quarters of subscriber losses for the first time in its history, and said...
Netflix Partners With Microsoft for New Advertising-Backed Option
Netflix Inc. NFLX 1.21% said it chose Microsoft Corp. MSFT -0.37% to help launch a low-cost, advertising-supported streaming plan, a...
Elvis Presley Movie Is Just the Start of a Flood of ‘King’ Content
The estate of Elvis Presley is banking on a new era of burning love for the King of Rock ’n’...
Chinese Internet Giants’ Ad Revenue Suffers as Business Confidence Wanes
Companies in China are cutting back on digital-ad spending as the economy slows and recurring Covid-19 outbreaks weigh on consumption,...
WSJ News Exclusive | Facebook Parent Meta Pulls Out of Sponsorship Deal for U.S. 250th Anniversary Project
WASHINGTON— Facebook parent Meta Platforms Inc. said Wednesday it has canceled its sponsorship agreement with the organization planning the federal...
Covid Fallout Flattens JD.com’s Online Birthday Bash
SINGAPORE—Chinese online shopping giant JD.com midyear e-commerce extravaganza recorded the slowest sales growth in at least five years, in the...
WSJ News Exclusive | Mental-Health Startup Cerebral Investigated by FTC
The Federal Trade Commission has begun an investigation into mental-health startup Cerebral Inc., according to a letter the FTC sent...
Sheryl Sandberg Built Meta’s Ad Machine but Someone Else Will Have to Fix It
Sheryl Sandberg created an advertising machine for Facebook parent Meta Platforms Inc. that capitalized on user data and fueled its...
Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms
In a post on her Facebook profile, Ms. Sandberg said she would continue to serve as a member of Meta’s...
Tencent Posts Steepest Profit Decline Since Going Public
Tencent Holdings Ltd. TCEHY -6.29% posted its worst quarterly profit drop since listing in Hong Kong in 2004, with its...
