by David Westenhaver | Nov 22, 2022
By David Westenhaver Nathan Friehofer has a half-million followers on Instagram, where he shares comedy and weightlifting videos. His page includes sponsored posts for protein powders and McDonald’s. He regularly racks up hundreds of thousands of views on...
by By David Westenhaver | Oct 31, 2022
By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line. The social media company reported...
by David Westenhaver | Oct 9, 2022
By David Westenhaver Meta Platforms Inc. has instituted a hiring freeze after revealing plans to trim staff, as it battles mounting expenses and seeks to recover from a rare revenue dip. CEO Mark Zuckerberg announced the hiring freeze at a weekly Q&A with...
by David Westenhaver | Sep 19, 2022
By David Westenhaver Social media stocks have endured a bloodbath for much of the year, and their outlook remains worrisome, especially if a slowing U.S. economy cuts into ad revenue. Meta — the heavyweight champion of the social media industry thanks to Facebook and...
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