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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...

Citing A New Concern Now, the Indian Government Wants WhatsApp to Disclose Users’ Information

WhatsApp, a messaging powerhouse with a staggering 500 million users in India, has long been the nation's preferred mode of digital conversation. However, the instant messaging platform is also a breeding ground for the proliferation of deepfakes and spam...

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...

Depsite Introducing Alluring New Features, It’s an Uphill Battle for WhatsApp Pay in India

Who would've imagined sending money to your friends and family would one day become as effortless as sending a text via your favourite instant messaging app? Over the past five years, the digital payments landscape in India has undergone...

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...

Amazon’s Rising Influence is Disrupting Digital Advertising Duopoly of Google and Meta in India

India's digital advertising sector is experiencing remarkable growth, with Alphabet's Google and Meta maintaining their dominant positions over the years. However, as consumers' shopping preferences have changed in the last few years, particularly during the covid-19 pandemic, Amazon has...

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...

Meta’s Threads: An Emerging Threat to Twitter’s Dominance?

Meta has finally launched Threads, a text-based social media platform. It is currently available on the Apple App Store and Google Play Store. Interestingly, Threads passed 5 million sign-ups within the first four hours of its public launch, reveals...
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Customer Frustration Rising at Paytm Payments Bank: 150x YoY Surge in Complaints

User complaints can have severe repercussions for any B2C business, particularly operating in the fintech sector where daily financial...
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