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Facebook Parent Company Meta Surpasses Wall Street Expectations with Strong Advertising Growth

by Craig Fedirighi
Facebook Parent Company Meta Surpasses Wall Street Expectations with Strong Advertising Growth

Meta Platforms reported strong growth in advertising revenue for the second quarter, surpassing Wall Street’s expectations. The company also provided a forecast for third-quarter revenue that exceeded market expectations. This …

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Categories Business

Elon Musk’s new branding strategy sparks renewed ambition to transform Twitter into China’s WeChat

by Adrian Jhonsan
Elon Musk’s new branding strategy sparks renewed ambition to transform Twitter into China’s WeChat

In this photo illustration, Elon Musk’s photo is displayed on a phone screen in front of a computer screen displaying the new logo of ‘Twitter’. Harun Ozalp | Anadolu Agency …

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Categories World

Meta, Microsoft, and numerous other entities possess trademarks for a potential new Twitter name.

by Craig Fedirighi
Meta, Microsoft, and numerous other entities possess trademarks for a potential new Twitter name.

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to the same letter. X is so …

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Categories Business

Threads Becomes the Ultimate Trendy Social Space for Brands

by Craig Fedirighi
Threads Becomes the Ultimate Trendy Social Space for Brands

When prebiotic soda brand Olipop joined Threads, it didn’t post about the flavors it comes in or its claimed nutritional benefits. “Can u guys pls engage with this thread so …

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Categories Business

Netflix eliminates the most affordable ad-free plan in the United States and United Kingdom.

by Adrian Jhonsan
Netflix eliminates the most affordable ad-free plan in the United States and United Kingdom.

The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023. Jakub Porzycki | …

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Categories World

Decreased Revenue: Strikes, Declining Streaming Profits, and Sluggish Ad Sales

by Adrian Jhonsan
Decreased Revenue: Strikes, Declining Streaming Profits, and Sluggish Ad Sales

Striking Writers Guild of America (WGA) members are picketing in front of Netflix offices, while SAG-AFTRA union has agreed to federal mediation requested by the Alliance of Motion Picture and …

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Categories World

Ad Deal Secured by Tucker Carlson’s Twitter Show

by James Odonell
Ad Deal Secured by Tucker Carlson’s Twitter Show

Tucker Carlson speaks during the Politicon conference in Los Angeles, October 21, 2018 Rich Polk | Getty Images Former Fox News host Tucker Carlson’s new Twitter show has landed one …

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Categories Politics

Twitter’s Cash Decline Attributed to Decreased Advertising and Burdensome Debt, Musk Reveals

by Ev Richard
Twitter’s Cash Decline Attributed to Decreased Advertising and Burdensome Debt, Musk Reveals

Elon Musk reveals that Twitter’s cash flow is still negative due to a 50% decrease in advertising revenue and a significant debt load. Musk shared this information as a response …

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Categories Technology

Elon Musk reveals Twitter’s continuing negative cash flow due to substantial debt

by James Odonell
Elon Musk reveals Twitter’s continuing negative cash flow due to substantial debt

SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de …

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Categories Politics
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