During an earnings call with analysts, Meta's Founder and CEO Mark Zuckerberg highlighted that Instagram, reels, and video content remain key drivers of engagement. He noted that reels alone now constitute 50 percent of the time spent within the app.
The talk of the much-anticipated cage fight initially started when Musk in June last year replied to a tweet about the news that Meta was releasing a Twitter (now X) competitor.
In January, Facebook received 29,548 reports through the Indian grievance mechanism, and said that it provided tools for users to resolve their issues in 21,060 cases.
In 2024 so far, Zuckerberg has already seen his net worth increase by $14.3 billion, in movements that have put him in fifth place on Bloomberg’s Billionaire Index.
Musk earned an additional $95.4 billion through Thursday's close, boosted by the success of Tesla and SpaceX, after losing $138 billion in 2022, according to the Bloomberg Billionaires Index
Mark Zuckerberg, CEO and Founder of Meta, revealed that Threads will initiate trials for tagging topics, aiming to categorize posts based on interests or themes
Chinese videogame maker Tencent has agreed to start selling a new headset from Meta, cheaper than Quest 3, late next year, reports The Wall Street Journal.
