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...ByteDance moved Qing Lan from Douyin, its Chinese version of the short video app, to head up TikTok’s small and medium-sized business advertising arm in the US, an appointment first reported by the Wall Street...
...Its revenue forecast for the current quarter of $9.49bn was slightly below Wall Street forecasts of about $9.5bn....
...Paramount’s share price was trading below $12 before The Wall Street Journal on Wednesday reported the exclusive talks with Skydance, but closed up 15 per cent at $13.52....
...Virtu and Jane Street did not immediately respond to requests for comment....
...Snap shares plunged 35 per cent on Wednesday after its quarterly revenue growth fell shy of Wall Street expectations, as it struggles to recover from a digital advertising slump....
...As the world becomes increasingly data-driven we offer solutions that are human and experience-focused.” Ethan WuI love human solutions. It’s my favourite solution. Robert ArmstrongI know....
...In today’s newsletter: Trump Media’s auditor Parisian financial hub Vitol’s bumper profits Some DD on the auditor behind Trump Media Last week Donald Trump’s media company disclosed its annual results...
...Second, the videos themselves very much play to traditional TikTok tropes of dance trends and lip-syncing....
...The Wall Street Journal first reported news of the apps’ removal....
...Judging by the record share prices enjoyed by some of these companies in recent months, Wall Street doesn’t believe it either....
...Wednesday this week should have been a red-letter day for investors in social media company Meta....
...Netflix blew past Wall Street’s expectations by adding a robust 13mn subscribers in the fourth quarter, defying concerns that its crackdown on password sharing could begin to lose steam....
...Levin had a bold, if risky, solution: transmit HBO’s signal by satellite, something no TV network had done....
...I’m not sure if the second-tier social media companies are profitable, even when their revenues rise into the billions....
Can the social media platform’s text-based, user-generated boards thrive in the public markets?
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...Thierry Breton, the EU’s commissioner for the internal market, said that despite the measures taken by the tech companies to adapt to the DMA, “we are not convinced that the solutions by Alphabet, Apple...
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
Faster than expected growth in the Google Cloud services business helps boost revenue to $86.3bn
...A new unit, Chase Media Solutions, will help brands target the bank’s customers based on their spending history....
...Over the past week Wall Street analysts have been lowering their financial targets for Warner Bros Discovery — and expressing concern over the company’s decision not to provide earnings forecasts for this...
...The Wall Street Journal first reported the price targets....
...The second series of House of the Dragon will be shown on Max in Europe in June....
...Many MPs and media analysts expect Frazer to request a second-phase inquiry by the CMA rather than face the political firestorm of approving the deal....
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