Meta Sees Ad Business Rebound but Warns of Higher Spending in Metaverse
The Facebook parent posted its highest quarterly sales growth in more than a year as demand for digital advertising gets...
Markets
Elon Musk’s Pivot to X Draws Strong Opinions Across Twitter
The latest move by the billionaire owner to remake the platform elicits excitement and dismay from users, shrugs from advertisers....
Is Work From Home to Blame for Senior Housing’s Muted Recovery?
Markets with high levels of remote work tend to have lower senior-housing occupancy rates. Source link
The Supermarket Aisle Where Prices Are Still Soaring
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Meta’s Facebook Faces Fresh Threat to Sending Personalized Ads in EU
The surprise ruling could short-circuit the platform’s legal efforts to protect its ad-based business model on the continent. Source link
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting
The sneaker giant said that product markdowns as well as higher costs for product input, freight and logistics weighed on...
WSJ News Exclusive | Google’s YouTube Is Testing an Online-Games Offering
Development of the new product, called “Playables,” signals ambitions to move beyond video hosting. Source link
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped millions of customers into Prime subscriptions, the federal agency said. Source link
Ozempic Maker Sues Spas and Clinics Selling Custom-Made Versions
Novo Nordisk accused the firms of false advertising, trademark infringement and unfair competition. Source link
Why Duolingo Has Replaced Many TV Ads With Free TikTok Posts
Journal Reports: LeadershipInfluencers Don’t Have to Be Human to Be BelievableBy Lisa WardJune 17, 2023 at 9:30 AM ETVirtual social-media...
Can Twitter’s Odd Couple Make It Work? Elon Musk and His New CEO Are About to Find Out
Musk announced her arrival before she had a contract. They haven’t formally agreed on a budget or headcount. And Linda...
Unilever’s Marketing and Digital Chief to Leave
Conny Braams will step down after 33 years with the consumer-goods company known for attaching its products to social or...
The CEO of YouTube Has a Favorite Video and a Plan to Win Over Anyone Watching TV
Updated May 27, 2023 12:03 am ETListen to article(2 minutes)Neal Mohan, a 50-year-old veteran of the advertising-technology industry, had to...
Corporate Diversity Programs Get Religion
Companies are sponsoring chaplains and faith-based groups in an effort to promote inclusion in the workplace. Source link
WSJ News Exclusive | NBCUniversal’s Linda Yaccarino Is in Talks to Become Twitter CEO
Yaccarino is chairman of global advertising and partnerships at NBCU. Twitter owner Elon Musk said earlier he had picked a...
Robust Hiring in April Shows U.S. Job Market Remains Hot in Cooling Economy
Hiring picked up as employers added 253,000 jobs last month. The unemployment rate fell to 3.4%. Source link
Why Is Inflation So Sticky? It Could Be Corporate Profits
Inflation has proved more stubborn than central banks bargained for when prices started surging two years ago. Now some economists...
How Bud Light Handled an Uproar Over a Promotion With a Transgender Advocate
Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks....
Anheuser-Busch Executive Takes Leave After Transgender Influencer Was Featured on Beer Can
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China’s EV Makers Outshine Global Rivals, but a Rocky Road Lies Ahead
Local brands juggle price war with need to increase production. Now, the foreign car makers want their market share back....
