The numbers $42 billion: Meta’s Q1 revenue, up 16% YoY $41.4 billion: Meta’s ad revenue, up 13% YoY$16.6 billion: Net income for January-to-March period3.4 billion: People now using at least one of Meta’s apps each day The water cooler talk Meta CEO Mark Zuckerberg, on a call with investors, touted the company’s ambitious AI investments, with ..
Tag : Platforms
X has doubled the number of users for its real-time, fact-checking tool over the past year, revealed X CEO Linda Yaccarino while speaking at the marketing conference Possible Miami. Yaccarino said that the platform’s Community Notes feature now boasts 1 million contributors across 200 countries and every major language. In May 2024, there were half ..
OpenAI is taking aim at ecommerce. The company is rolling out a new, AI-powered shopping experience within ChatGPT that lets people find, compare, and buy products. The feature shows visual details, pricing, and reviews of products with shoppable links to retailers like Walmart. The updates are rolling out to ChatGPT’s Plus, Pro, and Free users. ..
YouTube is experimenting with a video carousel of search results that appears in AI Overviews, Google’s AI-powered search experience. A Google spokesperson confirmed the test with ADWEEK, noting that relevant videos will surface for queries like “best noise cancelling headphones” or “museums to visit in San Francisco.” The spokesperson declined to share further details about ..
The Department of Justice accused Google of using the same playbook to push its AI assistant, Gemini, that it once used to dominate search. In the ongoing antitrust trial about Google’s dominance in search, DOJ attorney David Dahlquist told the court on April 21 that Google is paying Samsung “an enormous sum” in fixed monthly ..
In a landmark decision, a federal judge ruled that Google illegally maintained a monopoly over some of its adtech business, a move that could force the tech giant to divest one of its most profitable divisions and upend the infrastructure underpinning much of the online ad industry. Following a three-week bench trial, the court found ..
Roku is partnering with Adobe to create a new data platform that allows advertisers and publishers to jointly discover, activate, and measure high-value audiences while prioritizing privacy. This new collaboration sees Roku Data Cloud and Adobe’s Real-Time Customer Data Platform integrate, giving advertisers improved insights into streaming behavior and enabling them to drive more effective ..
Snap has appointed Grace Kao as its new chief marketing officer. She is being promoted after serving for less than six months as the company’s vice president of consumer and business marketing. She will take the place of chief creative officer Colleen DeCourcy, who joined Snap in May 2022. DeCourcy will stay on as an ..
U.S.-based TikTok ecommerce global governance and experience team staffers were recently laid off. This is the latest restructuring to afflict the social media company, which underwent a round of layoffs affecting its trust and security team in February. According to Business Insider, the global governance and experience team monitors product listings, seller compliance, and protecting ..
President Donald Trump has granted TikTok a second 75-day extension for its U.S. sale, pushing the deadline to mid-June. “My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress,” he wrote in a TruthSocial post. “The Deal requires more work to ensure all necessary approvals are signed, ..
