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The Latest Breaking News from Brian Wieser

Why Chinese E-Commerce Giant Temu's Challenge To Amazon Is Boosting Meta

Temu's big spending on Facebook and Instagram ads has captured the attention of Meta stock analysts on Wall Street.

Investors Business Daily

How Elon Musk’s antisemitic comments pushed X advertisers over the edge

The social network once known as Twitter is facing a new exodus thanks to the behaviour of its mercurial owner – and it may not recover, reports Io Dodds

The Independent UK

Disney CEO Bob Iger said he's trying to ensure a 'soft landing' for ESPN's shift from cable to streaming

The shift from linear TV to streaming was front-and-center during Disney's fiscal Q4 earnings call, and Iger said that ESPN will be an especially delicate operation.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Digital Ads Are Bouncing Back With Help From AI

Meta, Alphabet and Amazon executives are racing to show investors they are harnessing AI for ad sales.

Investors Business Daily

Meta Launches Twitter Rival

The new Threads app allows users to post text up to 500 characters long and share videos up to 5 minutes in length

TV Tech

Meta to Launch Twitter Competitor Called `Threads’

Threads app is available for pre-order on the Apple Store and could launch as soon as July 6

TV Tech

Meta Stock Rises As Facebook Parent Prepares To Launch Twitter Rival

Meta Platforms looks to capitalize on user discontent with microblogging service Twitter by launching a rival product called Threads.

Investors Business Daily

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Generative AI comes for advertising

The world's largest advertising companies are helping to usher in these changes quickly by introducing new creative solutions for advertisers now.

Axios

Ad Slowdown Spreads Beyond Tech to TV Networks, Publishers

U.S. television networks and news publishers are feeling the effects of a slowdown in the advertising market, the latest indication that an ad-spending retrenchment previously flagged by giant technology companies is spreading.

Bangkok Post

Who is Javier Olivan, Meta’s next COO?

Javier Olivan will replace Sheryl Sandberg as the company’s chief operating officer, after playing a crucial but largely behind-the-scenes role stoking the social media company’s explosive growth for 15 years

The Hindu

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’

The Guardian - US

If Netflix is stumbling will Wall Street renew or cancel?

It disrupted the market and has more than 200m subscribers. But with slower growth, some say Netflix must change its game

People

From analysis to the latest developments in health,
read the most diverse news in one place.

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