Watch out, YouTube — Instagram goes from short-form to 90-minute videos
After years in which every social platform (even LinkedIn!) aggressively pursued short-form video, this is a notable shift in strategy for Instagram.
Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta
A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the “billionaire’s tax,” should the measure be voted into law.
Meta wants to pay for its broad AI buildout with a newly created class of stock
The social media giant is planning a new stock strategy to help power its broad investments in AI models and services.
Meta says Muse has over 10M users, with shopping a top activity
Meta Muse users are adopting the app for shopping and personal productivity, the company said during its Q3 earnings call. The AI app now has over 10M users.
Meta ordered to pay $25B in case related to Cambridge Analytica scandal
The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.