By Associated Press January 18, 2024 Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digital advertising empire, will step down from the board of Meta, Facebook’s parent company. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not … Continue reading Why is Sheryl Sandberg leaving Meta’s board?
Mark Zuckerberg sells $185m of Meta stock Deanna Ritchie / Last Updated: Dec 6, 2023 Mark Zuckerberg offloaded Meta shares for the first time in two years, following an impressive 172% increase in the company’s stock value since 2021. The trust of Meta’s co-founder, along with organizations dedicated to his philanthropic and strategic interests, … Continue reading Meta platform thrives amid challenges
Surging digital ad market and layoffs combine to give Facebook parent $11,6 billion in profit, more than twice what it was a year earlier. Constantine von Hoffman on October 26, 2023 Facebook parent Meta’s third-quarter revenue jumped 23% to $ 34.15 billion, the latest indicator of a rebound in digital advertising. The company reported $ … Continue reading Meta third-quarter revenue up by 23%
By Scott Nover October 19, 2023 There’s a truism in tech that goes something like “If you’re not paying for the product, you are the product.” It’s a tired phrase, but until advertising ceases to be the economic engine of the internet, we’re stuck with it. Digital ads have made technology companies like Alphabet, … Continue reading Meta’s plan to charge users for Facebook access is a big “FU” to the E.U.
Meta Expands IAS Partnership With Ad Measurement Tools For Reels by Colin Kirkland , June 20, 2023 Media measurement and optimization platform Integral Ad Science announced on Tuesday that it is rolling out new ad-measurement tools for Reels on Facebook and Instagram, expanding a partnership that began in 2016. The media-measurement company, which has already … Continue reading Meta Expands IAS Partnership With Ad Measurement Tools For Reels
Andrew Tarantola @terrortola Our reverence towards stars and celebrities was not borne of the 19th century’s cinematic revolution, but rather has been a resilient aspect of our culture for millennia. Ancient tales of immortal gods rising again and again after fatal injury, the veneration and deification of social and political leaders, Madame Tussauds’ wax … Continue reading Meta’s Voicebox AI is a Dall-E for text-to-speech
Devindra Hardawar @devindra Magic Leap’s glasses were supposed to lead us into the augmented reality era, a world beyond screens where we could interact with digital objects as if they were standing right next to us. Too bad they failed spectacularly. By early 2020, the company had raised nearly $2 billion. But aside from … Continue reading Meta reportedly wants to license Magic Leap’s AR technology
Meta Expands Lead Ads Features, Tests Promotional Ads Product by Colin Kirkland , May 18, 2023 Meta has announced two advertising updates, including the testing of “promotional ads,” which are aimed at making it easier for people to discover, manage and apply digital promotions to their online purchases, and the expansion of its lead ads … Continue reading Meta Expands Lead Ads Features, Tests Promotional Ads Product
New tool underlines company’s change of focus away from the metaverse and towards artificial intelligence. Constantine von Hoffman on May 12, 2023 Facebook parent Meta dipped its toe into generative AI this week by announcing AI Sandbox. Advertisers can use it to create alternative ad versions, use text prompts to generate backgrounds and crop images … Continue reading Meta unveils generative AI tool for Facebook and Instagram advertisers
Meta Introduces LLaMA, Large Language Model That Runs On Less Power by Laurie Sullivan @lauriesullivan, February 24, 2023 Meta will release a new large language model (LLM) it calls LLaMA, which is designed to help researchers advance their work in artificial intelligence, the company’s CEO Mark Zuckerberg announced in a Facebook post on Friday. LLMs are what … Continue reading Meta Introduces LLaMA, Large Language Model That Runs On Less Power
