Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs in less than a year
RE: https://www.threads.net/... Kurt Wagner / @kurtwag8 : Threads Monthly users: April - 150m July - 175m Aug - 200m Oct - “almost” 275m That's a lot of growth in one year (even if...
Some Threads and Instagram users say their accounts are being deleted or restricted due to moderation failures; Adam Mosseri says he's “looking into it”
On Threads, the topic of “Threads Moderation Failures” is trending. Some users complain their accounts are being deleted …
Mozilla says it will shut down its Mastodon server, Mozilla.social, giving users until December 17 to export their data and migrate to another instance
https://techcrunch.com/... Mastodon: @shoq@mastodon.social : They had 270 users. It was always a token level of interest by an organization with lots of other problems to address....
Reddit is winning over advertisers using interest-based targeting via subreddits, instead of personal data; analysis: Reddit's ad revenue may pass $1.1B in 2024
topic/interest focus is what Reddit's built for. Even if Reddit had detailed demographic data about their users (and, believe me, they're collecting it indirectly), this would sti...
Meta says it will soon roll back restrictions on Donald Trump's Instagram and Facebook accounts to ensure parity among candidates ahead of the 2024 election
It's making the change to ensure parity among presidential candidates leading up to the 2024 election More on @axios https://www.axios.com/... Forums: r/technology : Exclusive: Met...
Meta says it will soon roll back restrictions on Donald Trump's Instagram and Facebook accounts to ensure parity among candidates ahead of the 2024 election
- While those penalties were designed to limit any public figure's accounts during civil unrest, Donald Trump's accounts …
Instagram confirms testing an unskippable ad format with a countdown timer that briefly prevents feed scrolling, similar to the free version of YouTube
users are not happy about it Kit Eaton / Inc.com : Unskippable ‘Ad Breaks’ Annoy Instagram Users Abhiman Biswas / MySmartPrice : Instagram Might Soon Show Unskippable Ads to Users ...
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June
here's why it'll transform LLM development Ryan Daws / Developer Tech News : Stack Overflow and OpenAI partner to empower developers Luke Jones / WinBuzzer : Stack Overflow and Ope...
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters
What To Know About ‘Llama 3’ Model Marcus Gopolang Moloko / Memeburn : Meta AI with built in Llama 3 is on WhatsApp in South Africa Hamsat Abdurasheed / News.ng : Meta releases Lla...
How WhatsApp became the world's default communication app, including as a political propaganda tool, a business tool, and a private social network
What was once a texting platform now runs the lives, businesses and political machinery of billions. — In 2014, WIRED asked me to write …
A look at the US DOJ's lawsuit against Apple, comparisons to Microsoft suit in the 1990s, basic factual errors, why it is clearly a political case, and more
March 21, 2024 the United States filed an antitrust complaint against Apple. The filing is a new approach to antitrust and hinges …
Sensor Tower: in February 2024, X had 27M US DAUs of its mobile app, down 18% YoY, and the US user base has been flat or down every month since November 2022
X usage has declined as downloads of Threads have surged in recent weeks. — The number of people using X daily is falling … Threads: @lorakolodny , @georgescriban , @clarajeffery...
Meta plans to make its Threads API broadly available to developers by June 2024 and is currently testing it with some partners, including Techmeme and Hootsuite
Ivan Mehta / TechCrunch :
Google launches Gemini 1.5 for developers and enterprise users, with a context window of up to 1M tokens, and says Gemini 1.5 Pro is on par with Gemini Ultra
but you won't be able to enjoy it just yet Ryan Morrison / Tom's Guide : I test AI for a living and Google's Gemini Pro 1.5 is a true turning point Shaurya Tomer / Hindustan Times ...
Google makes Gemini 1.0 Pro and Gemini 1.0 Ultra generally available, adds support for adapter-based tuning in Vertex, and rolls out new developer tools
Google is expanding the range of Gemini large language models it is making available to developers on its Vertex AI platform today.
Meta plans to start paying quarterly dividend for the first time, of 50 cents per share, “subject to market conditions”, and authorizes a $50B share buyback
Rohan Goswami / CNBC :
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC...
Apple has handled its response, including its proposed App Store changes, to the EU's DMA with aplomb, despite the law being an assault on Apple's brand promise
an important perspective from someone who had to comply with EU's regs at Microsoft. … Romain Dillet / @romaindillet@mastodon.social : Apple appears to be very insecure with DMA-re...