In brief: total pre-tax restructuring charges are expected to reach $2.3-$4.3bn.

The Facebook owner made a similar move last year in response to a bill in Australia which sought to force digital platforms to compensate publishers they share news from.

In brief: nine in 10 political disinformation ads tested by researchers were approved by TikTok, despite its purported ban on political advertising.

Nearly half of all purchases were for £20 or less, implying the developing social market is leaning towards attracting consumers of smaller luxuries.

In brief: the social media company’s stock fell over 25% following the earnings report.

In brief: Staff may be decreased from 7,500 workers to under 2,000.

In brief: Warner Bros. is set to become the first major studio to sell a film as an NFT.

In brief: CNN has created a new beat to dissect the complex and divisive issues surrounding gun rights and gun violence in America.

COO and CPO Greg Peters described the initial demand from advertisers as “very strong” in the company’s earnings call, despite mixed sentiment from some buyers.

Ad campaigns that begin on out of home are having “nine lives” as they bounce around the social media ecosystem, according to the CEO and founder of MilkMoney.