X’s latest brand safety snafu keeps advertisers at bay
For all X has done to try and make advertisers believe it’s a platform that’s safe for brands, advertisers remain unconvinced — and the latest headlines don’t help.
Earlier this month it wa...
Alphabet Q1 Earnings Focus on AI Monetization
Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize technology over financial reportin...
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...
Meta’s AI Spending Plans Leave Investors Unnerved
Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans.
The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg New...