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on well—established platforms such as facebook and instagram in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost—cutting campaign that has so far resulted in 150,000 lay—offs across the sector. for more on meta's results and what they say about the state of big tech let's bring in ray wang, founder of tech advisory firm, constellation research. yeah, they showed that the digital add is fine, yeah, they showed that the digitaladd is fine, and i think that's a really important piece. and what you mentioned earlier...

the beer college baseball season. andy we call it hot dogs. you might miss a whole inning now. all right, andy scholes. thank you. this morning continues right now. this is cnn breaking news. good morning, everyone. poppy is off this morning. we are here. we have a lot of breaking news for you. some major updates that are happening after russia has arrested an american journalist and accused him of spying. we're going to take you live to moscow. we'll have that in two army helicopters crashing in kentucky. the military is reporting several casualties, and we're expecting to get an up...

this confirms the view that digital advertisers are betting on well—established platforms, such as facebook and instagram, in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost—cutting campaign that has so far resulted in 150,000 lay—offs across the sector. earlier i spoke with ray wang, the founder of the tech advisory firm constellation research and he told me that meta has managed to keep eyeballs on its platforms and advertisers know that. yeah, they showed the digital ad winter is thawing and that is a really...

we start in the us, where the white house has denied starting a "subsidy war" following criticism of its massive support for green investments. president biden�*s administration is spending billions to help electric carfirms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it's worried britain can't "compete on a level playing field" and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british industry is facing a new dilemma and deciding where to i...

welcome to world business report, i'm ben thompson. we start in the us where the white house has denied starting a subsidy war following criticism of its massive support for green investments. president biden�*s administration is spending billions to help electric car firms, chip makers and the green energy industry with loans and tax breaks. one uk manufacturer has told the bbc it's worried britain can't "compete on a level playing field" and warns that companies are considering moving their investment to the united states. our economics editor faisal islam reports. british indust...