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META / Meta: The Fight With Musk's Twitter Is On

Meta: The Fight With Musk's Twitter Is On
Meta Platforms, Inc. CEO Mark Zuckerberg has picked a fight with Twitter leader Elon Musk by releasing Threads, a direct threat to Twitter in terms of features - an unsurprising move in light of Meta's penchant for copying. We may see the social media giant achieve FY2023 revenues of $118.78B (+1.8% YoY), adj operating income of $41.38B (+23.3% YoY), and margins of 34.8% (+6 points YoY) at the midpoint. These projections are impressive indeed, given Meta's aggressive "Year of Efficiency," despite the increased R&D efforts in launching Threads, way surpassing Twitter's previous margins. Read More
Posted: Jul 8 2023, 10:00
Author Name: Seeking Alpha
Views: 102576

META News  

Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight

By CNBC
November 4, 2023

Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight

Meta CEO Mark Zuckerberg said that he tore his ACL while sparring for MMA and needed surgery to replace it. more_horizontal

UK's CMA Says Meta Commits to Protect Advertising Customers' Data

By PYMNTS
November 3, 2023

UK's CMA Says Meta Commits to Protect Advertising Customers' Data

The United Kingdom's Competition and Markets Authority (CMA) said Friday (Nov. 3) that Meta has made commitments to not use its advertising customers' more_horizontal

3 Reasons to Be Bullish on Meta Platforms Stock

By InvestorPlace
November 2, 2023

3 Reasons to Be Bullish on Meta Platforms Stock

Meta Platforms (NASDAQ: META ), despite its name change and metaverse focus, is primarily a social media and AI powerhouse. While the company aims for more_horizontal

Facebook Introduces Reels A/B Testing Tool for Creators

By PYMNTS
November 2, 2023

Facebook Introduces Reels A/B Testing Tool for Creators

Facebook has unveiled several new features designed to help creators enhance their content performance on the platform. These updates are part of Fac more_horizontal

Instagram and Facebook Parent Meta Could Take a Hit From EU Ban on Use of Targeted Ads

By Investopedia
November 2, 2023

Instagram and Facebook Parent Meta Could Take a Hit From EU Ban on Use of Targeted Ads

Facebook and Instagram parent Meta (META) could take a hit to ad sales and risk being fined as much as 4% of its global turnover as European authoriti more_horizontal

A top Meta scientist's claims AI won't wipe out humanity are dangerous, says his former co-researcher

By Business Insider
November 2, 2023

A top Meta scientist's claims AI won't wipe out humanity are dangerous, says his former co-researcher

AI godfather Yoshua Bengio says the risks of AI should not be underplayed.  In an interview with Insider, Bengio criticized peers dismissing AI's t more_horizontal

European privacy officials widen ban on Meta's behavioral advertising

By Market Watch
November 1, 2023

European privacy officials widen ban on Meta's behavioral advertising

SAN FRANCISCO — European officials widened a ban on Meta's “behavioral advertising” practices to most of Europe on Wednesday, setting up a broad more_horizontal

Meta Offering EU Ad-Free Subscription Plans For Facebook, Instagram To Comply With European Digital Privacy Regs

By Deadline
November 1, 2023

Meta Offering EU Ad-Free Subscription Plans For Facebook, Instagram To Comply With European Digital Privacy Regs

To comply with European regulators after getting on the wrong side of the EU's General Data Protection Regulation (GDPR), Meta said today it will be o more_horizontal


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