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BBCNEWS Asia Business Report July 6, 2024



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 is important. advertisers are flocking to the big platforms. if you don t have the users and the eyeballs, they are not going to be there. they were able to keep their monthly active users still at 2.99 billion, almost at 3 billion intact, and they were able to drive sales up 3% and give guidance that was much higher in between the 29.5 billion to 32 billion range. and that is coming on the heels ....

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BBCNEWS Asia Business Report June 4, 2024 23:40:00

Progress programme for women who have dropped out. it offers flexible working hours, mentoring and training to women trying to reenter the workforce. in india, nearly half the population is female, and yet, in the last two decades, the number of working women fell by nearly 15%. a majority of indian women worked in the agriculture sector. i in the agriculture sector. 1 think creating long term opportunities in rural areas where women don t have to look at the agricultural work, but they can look at manufacturing, second tech date next secretary work, it would be a the productive potential of women. while there is change committee has a long way to go if it wants to turn its rising population to be a boon and not a burden. fascinating report there. and that s it for this edition ....

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