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Related Special Reports
...Meta and TikTok did not respond to requests for comment. Additional reporting by Andy Lin in Hong Kong and Hannah Murphy in San Francisco...
...Meta, Palantir and Snowflake did not respond to requests for comment....
...Meta CEO Mark Zuckerberg’s sights are no longer fixed on TikTok....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Meta did not immediately respond to a request for comment. WhatsApp has more than 2bn monthly active users globally....
...Social network giant Meta doubles net income and watches as its share price slides more than 12 per cent....
...Last year, groups including OpenAI, Google DeepMind and Meta agreed to open their generative AI models for review by Britain’s AI Safety Institute....
...The EU this morning announced investigations into Apple, Alphabet and Meta in the first applications of its landmark Digital Markets Act....
...Or will Reddit end up like Twitter/X and Snap, which are big but not as big as Meta, and have struggled to turn users into money as efficiently as Meta has? What, broadly, has made the difference?...
...Regulators are worried that a reward programme that offers points and vouchers to users of its TikTok Lite app in France and Spain is addictive and harmful to children’s mental health....
...Analysts at Baird estimate that capital expenditures by Alphabet, Amazon, Microsoft and Meta this year will total about $188bn, almost 40 per cent more than in 2023....
...The financials and AI investment plans of Google and Microsoft had been in particular focus in light of the experience of rival Meta....
...Microsoft and Alphabet report earnings this afternoon; Apple, Amazon and Meta follow on Thursday....
...“When we talk about Amazon, Meta, Google, it’s a very different type of lay-offs.”...
...Separately, Meta appealed on Wednesday against the EU’s decision to designate Facebook’s Messenger and Marketplace as “core” services As part of its legal action before the courts in Luxembourg, Meta will...
...Meta last week said it would now start passing on the 30 per cent charge directly to advertisers, in effect making it more expensive to reach Apple device users....
...Unhedged: Lastly, let’s talk about Facebook/Meta....
...With 70mn daily users, it has 2 per cent of Meta’s global audience. Revenue, mostly digital advertising with some premium subscriptions, is equal to just 0.6 per cent of Meta’s....
...Looking at it that way, you can see how Meta has followed a wildly different trajectory from the companies that followed it: Taking Meta out of the picture, though, you can see how Snap, Pinterest and Twitter...
...ByteDance as a whole is on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
...Valued at a Meta-like multiple of trailing sales, TikTok’s enterprise value might be close to $184bn....
...Snap is a smaller, less essential player for advertisers than Meta, and it has struggled to build a robust ad business.”...
...Meta, Microsoft and Amazon are among those that have doubled down on AI spending, but their stocks have been supported by more prosaic factors like strong sales and, in Meta’s case, the announcement of its...
...Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia and Tesla propped up the S&P index of blue-chip US companies last year as investors grew excited about the potential of AI, generating 62 per cent of its...
...“Hello Mumbai,” boomed Meta boss Mark Zuckerberg to a mega conference last month on WhatsApp’s business offerings....
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