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Meta's limited ad targeting options and Amazon's ad product investments are leading brands to shift their budgets to Amazon; Amazon's ad business grew 19% in Q4 (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Meta’s limited ad targeting options and Amazon’s ad product investments are leading brands to shift…

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Technology

Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income, and global MAUs up 4% YoY to 450M; stock drops 10%+ on a weak Q1 forecast (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income,…

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Technology

Amazon's senior VP of global media and entertainment Jeff Blackburn will leave in early 2023; Blackburn left Amazon in February 2021 and rejoined in May 2021 (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Amazon’s senior VP of global media and entertainment Jeff Blackburn will leave in early 2023;…

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Early Twitter investor Chris Sacca says Elon Musk is "alone right now and winging this" and needs people around him who can "speak some truth to power" (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Early Twitter investor Chris Sacca says Elon Musk is “alone right now and winging this”…

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Snap Q3: revenue up 6% YoY to $1.13B, vs. $ 1.14B est., global DAUs up 19% YoY to 363M, vs. 358.2M est., net loss of $360M, up from $72M YoY; stock is down 20%+ (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Snap Q3: revenue up 6% YoY to $1.13B, vs. $ 1.14B est., global DAUs up…

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Technology

Meta begins testing a single interface to manage Facebook and Instagram accounts and streamlines registration to help users create accounts on both services (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Meta begins testing a single interface to manage Facebook and Instagram accounts and streamlines registration…

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Meta's stock has lost 60% of its value in the past 12 months, by far the biggest slide among Big Tech stocks and more than double the Nasdaq Composite's drop (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Meta’s stock has lost 60% of its value in the past 12 months, by far…

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Technology

Dell, Nike, Best Buy, Twitch, and other big brands removed the ability to sign in with Facebook in recent years, some executives say due to privacy concerns (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Dell, Nike, Best Buy, Twitch, and other big brands removed the ability to sign in…

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Meta's VP of Horizon, Vivek Sharma, is leaving the company after six years; the Horizon team will report directly to Meta's VP of Metaverse, Vishal Shah (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Meta’s VP of Horizon, Vivek Sharma, is leaving the company after six years; the Horizon…

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Mark Zuckerberg says Meta's next VR headset will debut in October with improved eye- and facial-tracking features to bolster users' feeling of "social presence" (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Mark Zuckerberg says Meta’s next VR headset will debut in October with improved eye- and…

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