Tag

Advertising Spending

All articles tagged with #advertising spending

business2 years ago

Mark Zuckerberg's Leadership Confidence Declines Among Meta Employees

An internal survey conducted by Meta revealed that only 26% of employees have faith in CEO Mark Zuckerberg's leadership, down 5% from last year. Employee morale has plummeted after months of turmoil, including layoffs and budget reductions. Meta has struggled with a post-pandemic slump in advertising spending. Zuckerberg addressed a companywide meeting and discussed the company's planned product roadmap and artificial intelligence developments. The company intends to expand more slowly going forward, which might result in fewer layoffs.

technology2 years ago

Tech giants Apple and Nvidia could disrupt stock market despite lack of 'earnings apocalypse'

Tech companies' quarterly results have been better than expected, with advertising spending stronger than anticipated. Apple and Nvidia are set to report earnings, with Apple expected to unveil a new augmented reality headset. Nvidia's GPU chips are in high demand due to the A.I. craze, but the company may have to clear a higher bar than internet companies. Geoffrey Hinton, the godfather of A.I., has left Google over concerns of bad actors using A.I. for spreading misinformation. Social media app Bluesky saw a surge in demand, while Sony braces for falling demand in its PlayStation division.