Facebook parent Meta earns $201 billion in 2025, AI investments weigh on expenses
Meta said family daily active people averaged 3.58 billion in December, an increase of 7 percent from a year earlier, showing continued user growth across Facebook, Instagram and WhatsApp.
EARNINGS REPORT
Facebook parent violated California wiretap law, jury rules
A federal jury in California has determined Meta Platforms, the parent of Facebook, violated the state's wiretap law by collecting data from a period-tracking app.
Mediavision: Young Swedes spend nearly an hour on social platforms
Young Swedish video consumers are spending nearly an hour each day watching content on platforms like TikTok and Instagram, the analytics firm concludes.
WARC: Facebook ad revenue set to hit $100 billion in 2024
Facebook is on track to generate $100 billion in advertising revenue from its social media platform this year.
Bluesky is convincing users to ditch X (Twitter) and Threads
The service that puts users in control of their social experience has grown to 20 million accounts. Now, it has to figure out how to keep the lights on.
Pew: Americans turn to social media influencers for news
Twenty percent of Americans regularly turn to social media influencers for their news content on a regular basis, according to Pew Research.
Fox News Digital leads with multiplatform views in Q3
Fox News Digital outperformed the digital platforms of CNN and the New York Times with total multiplatform views during Q3, according to Comscore data.
Facebook parent Meta bans RT from social platforms
The social media company said it decided to ban RT and related news outlets globally "after careful consideration."
Paralympic Games drive 20 million viewers to Channel 4 UK
YouTube was the biggest OTT distribution platform for Channel 4, with more than 4 million live and on-demand streaming minutes.
Facebook bug automatically logging out some users
The issue, since resolved, also kicked people out of Threads and Instagram on Tuesday.
Meta to pull Facebook News tab in U.S., Australia this year
The move, coming in April, continues amid a demand from publishers that large technology firms pay for the privilege of distributing news content.
Staffer who made sex tape in Hart Senate Office Building was warned over social media posts
The Chief of Staff for Senator Ben Cardin's office warned Aidan Maese-Czeropski to "tone down" his social media posts after promoting him to a junior-level position in November.