market research – Page 3

‘Meta’s Deception’ About Instagram’s Harmful Qualities Alleged in Massachusetts Suit

9Nov

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Technology

‘Meta’s Deception’ About Instagram’s Harmful Qualities Alleged in Massachusetts Suit

Meta Platforms Chief Executive Mark Zuckerberg repeatedly dismissed warnings from senior company officials that its flagship social-media platforms were harming young users, according to unsealed allegations in a lawsuit filed by Massachusetts.According to the suit, as early as 2019, Meta’s head of responsible innovation was telling Zuckerberg that mounting evidence showed the net effect of their platforms on user well-being was negative. Around that time, multiple executives, including Instagram head Adam Mosseri, were pushing for the company to ban filters that mimic plastic surgery due to concerns they were harming the mental health of women and teens. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Fed Pause Helps Treasury Yields Retreat and Stocks Climb

1Nov

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Money

Fed Pause Helps Treasury Yields Retreat and Stocks Climb

Many investors on Wednesday looked to the Federal Reserve for hints about whether this autumn’s unusual ascent in Treasury yields would help finish America’s inflation fight. The central bank’s message: maybe. In the tug of war between low-risk government debt and higher-risk equities, that was enough of a signal to push stocks higher Wednesday. The Dow Jones Industrial Average rose 0.7%, or 222 points, while the tech-heavy Nasdaq Composite added 1.6%. The S&P 500 increased 1.1%, led by the information-technology and communication services sectors. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tech Selloff Intensifies, Pulling Down Nasdaq

26Oct

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Money

Tech Selloff Intensifies, Pulling Down Nasdaq

A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year. The tech-heavy index dropped 1.8%, while the S&P 500 shed 1.2%. The Dow Jones Industrial Average declined around 250 points, or 0.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Meta’s New Year of Efficiency Won’t Look Like the Old One

26Oct

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Money

Meta’s New Year of Efficiency Won’t Look Like the Old One

A social-network company serving nearly half the world’s population should be pretty efficient at giving everyone something they want. But that was a particularly tall order for Meta Platforms in its most recent quarter. The parent company of Facebook, Instagram, WhatsApp and new Twitter challenger Threads posted largely strong results for the period late Wednesday. Advertising revenue jumped 24% year-over-year to $33.6 billion, beating Wall Street’s targets. Daily active users both for Facebook and the company’s broader Family of Apps also grew more than analysts had expected. Facebook even added 10 million daily active users in the U.S. and Canada compared with consensus forecasts calling for zero growth in what is still the company’s most important ad market. Copyright ©2023 Dow Jones...

X’s Tumultuous First Year Under Elon Musk, in Charts

26Oct

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Technology

X’s Tumultuous First Year Under Elon Musk, in Charts

Listen to article(2 minutes)When Elon Musk acquired Twitter a year ago, he pledged to turn the social-media platform into an “everything app” that would eclipse what the long-struggling business had accomplished since its founding in 2006. One year in, much of Musk’s grand vision has yet to play out.The company is struggling on a number of metrics, according to third-party data, including attracting users. It is trying to rebuild its advertising business after that revenue plummeted post takeover, and the platform also has been navigating content-moderation challenges after Musk loosened such rules.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tech Stocks Tumble, Pushing Nasdaq Lower

26Oct

By adminNo Comments

Money

Tech Stocks Tumble, Pushing Nasdaq Lower

A steep drop in shares of Alphabet, Amazon.com and other technology companies dragged the Nasdaq Composite into correction territory Wednesday. The tech-heavy index slid 2.4% in a punishing session that pulled it down more than 10% from its recent high. Its losses accelerated in the afternoon, sending the gauge to one of its worst one-day declines of the year.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Meta Reports Record Sales as Ad Rebound Continues

25Oct

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Technology

Meta Reports Record Sales as Ad Rebound Continues

Updated Oct. 25, 2023 5:04 pm ETFacebook parent Meta Platforms reported its largest quarterly revenue since going public more than a decade ago as demand for advertising picked up and the company continued to reap the benefits of cutting costs and developing new AI technology.Meta’s sales increased to $34.1 billion, up more than 23% compared with a year ago. That represents Meta’s third quarter in a row of rising revenue after the company saw its business shrink for most of 2022. The 23% increase is Meta’s largest year-to-year growth in revenue since the third quarter of 2021. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Meta Sees Continued Rebound in Advertising, Reports Largest Sales in Years

25Oct

By adminNo Comments

World

Meta Sees Continued Rebound in Advertising, Reports Largest Sales in Years

Facebook parent Meta Platforms reported its largest quarterly revenue in years as demand for advertising picks up again.Meta’s sales increased to $34.1 billion, up more than 23% compared with a year ago. That represents Meta’s third quarter in a row of rising revenue after the company saw its business shrink for most of 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Google’s Cloud Sales Disappoint as Advertising Rebounds

25Oct

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Technology

Google’s Cloud Sales Disappoint as Advertising Rebounds

Updated Oct. 24, 2023 6:08 pm ETGoogle reported its strongest business growth in more than a year but disappointed investors with relatively weak cloud-computing sales, delivering a mixed picture as it continues to wrestle with competitors developing artificial-intelligence tools.Google’s parent company Alphabet reported third-quarter revenue of $77 billion Tuesday, up 11% from the same period last year. The results marked the third consecutive quarter of accelerating growth for the search giant following an economic slowdown that briefly caused a rare drop in the company’s advertising sales.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

25Oct

By adminNo Comments

Technology

Microsoft Earnings Growth Accelerates on Stronger-Than-Expected Cloud Demand

Updated Oct. 24, 2023 7:23 pm ETMicrosoft’s sales growth accelerated last quarter as demand for its cloud computing services heated up amid growing enthusiasm about artificial intelligence. The company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts’ expectations and a step up from growth of 11% during the year-earlier period.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8