Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...
The Daily Overview on MSN
Instagram Reels turned from TikTok clone into Meta's $50B machine
Instagram Reels started life as a defensive move against TikTok, but it has quickly become one of the most lucrative products in Meta's history. What began as a short‑video clone now underpins a ...
2022 was a no good, very bad year for Meta’s stock. It was the year that Meta reported its first-ever revenue decline – yet shares soared by more than 30% in after-hours trading on Wednesday following ...
Meta Platforms has demonstrated resilient growth, strong financial performance, and a large user base in Q2, crossing 3.88 billion monthly users, signifying its position as a global powerhouse. The ...
Meta Platforms (formerly Facebook) has experienced a strong comeback in 2023, driven by strong growth in ad revenue powered by Reels. The increasing popularity of Instagram among the younger ...
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