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Meta Reports A Record-High Advertising Revenue in 2023: Reality Labs Losses Exceed $16 Billion

Meta Platforms, Inc. (Nasdaq: META) recently unveiled its financial results for the full year ended December 31, 2023. The tech giant reported an impressive 15.7% YoY growth in its operating revenue, reaching an all-time high of $134.9 billion worldwide....

Meta Q3 2023 Earnings: A 164% YoY Surge in Net Profit and Resurgence of the Advertising Business

Meta Platforms, Inc. (Nasdaq: META) has unveiled its financial results for the third quarter ended September 30, 2023, and the numbers portray a remarkable performance. Meta’s global revenue in Q3 2023 increased 23.2% YoY to a record high of $34.15 billion. This trend...

Meta’s Endless Efforts to Boost Ad Revenue Growth: Introducing Game-Changing Reels Ad Features

Imagine a world where your advertising campaigns are not just seen but experienced, your products are showcased like masterpieces, and your customers can effortlessly journey through your offerings with a mere swipe. Meta's latest game-changing Reels ad features are...

Happy Birthday Sheryl Sandberg: Thanks For Making Facebook So Awesome!

Sheryl Kara Sandberg, a prominent figure in the tech industry, is a visionary leader known for her instrumental role in shaping the success of two billion-dollar companies, Google Inc. (NASDAQ:GOOGL) and Meta Platforms, Inc. (NASDAQ: META). With a remarkable...

Festive Magic at Play: Video Content On Social Media Influences 80% of Indians’ Purchasing Decisions [REPORT]

India's festive season is just around the corner, and there is no good time for enthusiastic shoppers who are looking to snag some jaw-dropping deals on various products. A recent study conducted by YouGov and commissioned by Meta Platforms,...

Meta Q2 2023 Earnings: Double-Digit Ad Revenue Growth is Back, But Reality Labs Continue To Make Hole In Pocket

Meta Platforms, Inc. (Nasdaq: META) recently revealed its financial results for the second quarter ended June 30, 2023, and the numbers portray a notable upturn in its performance. The company's overall performance showed a noticeable improvement, with decent revenue...

India Welcomes Meta Verified: Get Blue Tick on Facebook and Instagram Now

Unleashing a wave of excitement, Meta Platforms, Inc (NASDAQ: META) has opened the waiting list for Meta Verified to all Indian users. This means that any individual in India who meets the necessary criteria and has an Instagram or...

Meta’s years of fight against fake accounts and spam content on Facebook yields fruitful results

The explosive surge in social media usage has brought about an alarming rise in fake accounts and spam content, including explicit adult content and sexual activity. Yet, amidst this digital chaos, Meta Platforms, Inc. (NASDAQ: META) has boldly stepped forward...

Meta sold Giphy: A prized acquisition for Shutterstock?

Meta, Inc. (NASDAQ: META), the parent company of Facebook, is frequently making headlines due to its continuous financial setbacks, whether it's in terms of revenue or market capitalization. CEO Mark Zuckerberg's dream project, the Metaverse, has already cost the...

C3.AI’s CEO reveals shocking truth about Meta and Google’s overhiring: Work-from-home employees had no work to do!

A majority of the employees hired by companies like Meta and Google during the Covid-19 outbreak have now been terminated. The economic slump, rising inflation, and other factors are the main causes of these massive layoffs. According to Thomas Siebel,...
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Advertisers Skeptical About ROI: Only 6-7% Growth in Digital Ad Spending For FY24

In today's digital age, advertising serves a pivotal role beyond the mere promotion of products and services; it is...
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