While Meta’s investments in AI are paying off for advertisers, bets in smart glasses and Reality Labs, as well as higher costs associated with AI infrastructure investment, are leading to cost increases.
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| Maria Iu
In a nation fond of hoarding, EssenceMediacom had a task on its hands trying to promote the message that eBay is now free to sell.
| Maria Iu
TV recovered strongly thanks to the Euros, but full-year outlook remains weak.
Ad and subscription revenue for Google’s video platform during the past 12 months exceeded $50bn for the first time, parent company Alphabet revealed in its Q3 earnings report.
The social media challenger turned a profit for the first time in Q3 and reported strong 56% growth in ad revenue.
While the digital ad market grew 16%, video display rose by 26% — the fourth H1 in a row to post double-digit growth.
Analysis: The introduction of a clipping and sharing feature looks to capture a larger share of the social media conversation that has sprung up around the fandom of Netflix shows.
According to a new survey, a majority of Brits want advertisers to halt or severely reduce funding for social media companies if they continue to allow misinformation to spread.
The Data Use and Access Bill also aims to make data more accessible for researchers tackling online harms.
The embattled social-first news startup quietly re-made its web presence in recent weeks with the twin goals of building better consumer loyalty and offering more reliable revenue streams.