Report: ByteDance to Shut Down TikTok If Legal Efforts Fail
TikTok owner ByteDance would reportedly rather shut down the social media platform than sell it.
That’s what the firm plans to do if it is unsuccessful in its legal efforts to fight legislation t...
Meta ad revenue jumps 27% in Q1 2024
Meta’s ad revenue increased 27% in Q1 2024, a significant improvement over the 4% growth it saw in the same quarter a year ago.
Advertising revenue was $35.6 billion in Q1 2024 compared to $28...
Meta sounds profit warning as AI spending soars
Meta CEO Mark Zuckerberg has sounded a warning to investors that it will take considerable time before any significant returns are made on generative artificial intelligence (AI).
The chief of Faceboo...