Andre Rohe, who previously held senior engineering roles at Meta, YouTube and Google, has been hired to lead a newly created consolidated product engineering team in the Disney Entertainment and ESPN technology group.
The U.K.'s National Crime Agency has said it's made big progress in stamping out accounts linked to people-smuggling on Meta, X, TikTok and YouTube.
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, reaching $8.02. The figure well exceeded Wall Street's expectations of $6.76 per share. Sales for the company hit $48.4 billion, beating the expected $47 billion.
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.
Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat and YouTube, CNBC has learned.
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta could rake in up to $3.38B.
YouTube and its Shorts platform should also gain from TikTok’s loss. According to Morgan Stanley managing director Brian Nowak, every 10% of the time users would have spent on TikTok that goes to YouTube would add $400 million to $750 million in ad revenue to the video platform’s sales.
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that effectively bans the Chinese-owned app from the United States.
Is Meta a Better Artificial Intelligence (AI) Stock to Buy Than Nvidia After DeepSeek's Stunning R1 Debut?
Meta has agreed to pay roughly $25 million to settle a 2021 lawsuit filed by President Donald Trump over the suspension of his social media accounts in the wake of the Jan. 6, 2021 Capitol riots. According to The Wall Street Journal,
The former Meta and YouTube executive will oversee a team of engineers focused on digital products and platforms