Page 85 - Insider Intelligence News Today

Meta's primordial app reached a landmark amid a quarter of positive financial results

Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.Meta said in the earnings report that it expects its operating losses at the unit responsible for VR to "increase meaningfully" in the year ahead.

Analysts believe that Tesla CEO Elon Musk is risking killing billions of dollars in brand value by turning Twitter into "X," given that Twitter is one of the rare brands that has become so popular it turned into a verb as it is intertwined with everyday conversation. One marketing expert calls the rebrand "completely irrational from a business and brand point of view."

Facebook parent Meta on Wednesday beat market expectations for quarterly earnings powered by a reviving digital ad business.Meta reported a profit of $7.8

Elon Musk has snatched the "@x" Twitter handle without offering financial compensation to the original owner, his latest move that symbolizes the chaotic nature of his rebranding of Twitter into an "everything app" named X.

Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.

(Bloomberg) -- Meta Platforms Inc. shares are clawing their way back to levels last seen about a year-and-a-half ago after the social media company reported strong results for the second quarter and gave an optimistic outlook for the current period. Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leav

Elon Musks Twitter problems will not improve with the name change to X. On the contrary, they would become even more acute.

Linda Yaccarino is CEO of X (formerly known as Twitter) in title, but experts aren't convinced she's in charge of much.

Explained: As the 'X' starts to make its mark, it represents more than just a logo change for the platform formerly known as Twitter