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☆ BuzzFeed's $300M purchase of Complex promised to grow both brands, but insiders say strategies have clashed and Complex's culture is being 'completely gutted'
▼ + stars: | 2023-01-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Complex insiders worry that the cuts threaten their brand's culture and future. Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ 'One of our best years on record': With VC deals on the decline, venture-debt investors are cleaning up. But there's a dark side to startups borrowing cash.
▼ + stars: | 2022-12-27 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +7 min

As the Fed keeps raising interest rates to fight inflation, venture-debt defaults could soon go up. Venture debt, like a typical venture-capital investment, involves betting big on fledgling startups that may be far off from profitability. In the first six months of the year, venture debt increased 7.5%, even as VC funding fell 8% over the same period. The year for debtArmentum's Markell said venture debt had exploded in popularity this year as traditional VC deals dwindled and startup valuations plummeted. Factoring in expected Fed rate rises, Kroll thinks these interest rates will climb to as much as 12% next year.

☆ Complex insiders say owner BuzzFeed has shed key talent, failed to invest in core content, and threatens to dilute the hip culture brand: 'The BuzzFeed ethos does not get it'
▼ + stars: | 2022-12-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. Rubbing salt in the wound, Complex insiders said they felt their brand was scrappier and more culturally relevant than BuzzFeed, which many consider past its prime. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.

☆ An author writing a book about Elon Musk's Twitter takeover says the billionaire is one of the most 'complex characters of our time'
▼ + stars: | 2022-12-08 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk is one of the "most complex" people in today's society, according to author Ben Mezrich. Mezrich announced he was writing a book called "Breaking Twitter" about Musk's Twitter takeover. Mezrich told the Wall Street Journal the book would include the culture clash between the left and right. "Breaking Twitter" is projected to be released in fall next year, Mezrich told the publication. "If the whole world is excited by something, you want to be a part of the conversation," Mezrich told the Journal.

☆ It’s Not Just You: Businesses Are Making Their Phone Numbers Hard to Find
▼ + stars: | 2022-12-07 | by ( Rachel Wolfe | Allison Pohle | ) www.wsj.com time to read: 1 min

No matter how many times you yell “representative” into the phone, you won’t reach an employee at Frontier Airlines . The budget carrier dropped its phone service option last month, leaving customers to use chat functions or social media to resolve issues. The airline joins a growing group of companies—from Breeze Airways to Resy to Facebook —that eliminate or make phone numbers extra hard for customers to find. Instead, they rely on automated or text-based customer service. Others still have operators, but are pushing more customers to use online services rather than the phone.

Explosions at two Russian air bases Monday have focused attention on Ukraine's efforts to develop longer-range combat drones. The Russian Defense Ministry says the attacks were carried out by Ukrainian drones, which it claims were brought down by Russian air defenses. Imagery — both satellite and photographs — indicates some damage was done to Russian military planes at one base in Ryazan region. The Ukrainian Defense Ministry has offered no official comment on the explosions, and the Ukrainian government has not acknowledged adding long-range attack drones to its arsenal. The two bases hit, according to the Russian Defense Ministry, are hundreds of miles inside Russian territory and beyond the reach of Ukraine's declared arsenal of drones.

☆ I'm a social media influencer with millions of followers. Here's exactly how much I make from TikTok, YouTube, Instagram, and Facebook.
▼ + stars: | 2022-11-14 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Erika Kullberg, a finance social media creator with 9 million TikTok followers. TikTok: $290 (9 million followers)In September, I made a total of $290 from the creator fund on TikTok. It's important to remember that these numbers are just a small piece of how social media creators can make money. But, I don't post on social media for the money. And I choose to reveal how much I make on social media to increase transparency aroud money.

☆ TikTok Hires Former NBA CMO as Its New Marketing Chief
▼ + stars: | 2022-11-08 | by ( Katie Deighton | ) www.wsj.com time to read: +3 min

ByteDance Inc.’s TikTok named the National Basketball Association’s former top marketer, Kate Jhaveri, as its global head of marketing as the video-sharing platform aims to continue its growth. Ms. Jhaveri will oversee the social-media platform’s consumer and brand marketing, reporting to Vanessa Pappas, TikTok’s chief operating officer, the spokeswoman said. Ms. Jhaveri also will head up TikTok’s marketing to content creators on the platform, and will work closely with Sofia Hernandez, TikTok’s global head of business marketing. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. Ms. Jhaveri had been chief marketing officer of the NBA from 2019 until August this year.

☆ Randi Zuckerberg's company is buying an NFT community as part of her plan to build the 'IAC of Web3.' Here's why she thinks more startups will combine to survive the crypto winter.
▼ + stars: | 2022-11-03 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Randi Zuckerberg's company Assemble is buying the NFT community Meta Angels for an undisclosed sum. Meta Angels will run alongside Hug, Zuckerberg's Web3 community to welcome newcomers to NFTs. Zuckerberg, Cavoulacos, and Downey all sought to help change that. Zuckerberg — the sister of Mark Zuckerberg, Meta's CEO, and the former director of market development at Facebook — cofounded the Web3 community Hug. Assemble — the parent company of Hug and other technology projects still in stealth — is acquiring Meta Angels, Zuckerberg and Cavoulacos told Insider.

☆ Zuck refuses to let his metaverse dream die. Wall Street has finally had enough.
▼ + stars: | 2022-10-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Meta shares slumped nearly 20% in after-hours trade to $104.30 on Wednesday. The drop in Meta's share price this year has shaved off 61% off Mark Zuckerberg's net worth. The share price slide is also chipping a chunk off CEO Mark Zuckerberg's rapidly shrinking fortune. Following Wednesday's earnings announcement, Meta shares slumped nearly 20% in after-hours trade to $104.30. However, the metaverse is likely "the most potent headwind" to Meta's share price, he added.

☆ Facebook and Google face skeptics on Wall Street this week amid digital ads collapse
▼ + stars: | 2022-10-24 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Wall Street is bracing for disaster in online advertising. Facebook parent Meta shares are down more than 60% this year, and the company is expected to report a second straight drop in revenue. UBS said it would "reduce estimates and price targets across the online advertising group" due to both the economic environment and a strong U.S. dollar. In Snap's report on Thursday, the company said results are being hit by a combination of platform changes, economic challenges and competition. For a second straight quarter, Snap said it wouldn't be providing guidance for the coming period because of difficulty in predicting the economic trajectory.

☆ Meta has burned $15 billion trying to build the metaverse — and nobody's saying exactly where the money went
▼ + stars: | 2022-10-13 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Meta has sunk more than $15 billion into its metaverse project since the start of last year. Some experts expressed disappointment in updates Meta provided earlier this week and thought the technology would be farther along. Meta declined to provide a comment for this story, but a spokesperson for the company said that Meta doesn't break out the financial details for its Reality Labs segment. Zgutowicz pointed out that Meta has legitimate reasons for trying to build everything themselves, though. To be sure, Meta is not the only company that has declined to itemize certain losses, which is standard practice in Corporate America.

☆ Mark Zuckerberg is making a classic big Silicon Valley mistake — one we last saw made by Marissa Mayer at Yahoo
▼ + stars: | 2022-10-11 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Mark Zuckerberg is making the same mistakes that plagued former Yahoo CEO Marissa Mayer. Zuckerberg, too, is making a big bet on the metaverse, one better suited for the venture capital world. As Meta shifts to become "a metaverse company" amid stalling user growth and slowing ad sales, stories are emerging about the growing pains that have arrived alongside the changes. Zuckerberg's metaverse play isn't unusual in the tech world, it's just not one we've often seen pay off outside the world of venture capital. Marissa Mayer also had an ambitious vision — and it didn't pay offFormer Yahoo CEO Marissa Mayer.

☆ Amazon CEO says the company has no plans to make its corporate employees return to the office
▼ + stars: | 2022-09-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Amazon CEO Andy Jassy said the company isn't planning to force employees back to the office. He noted that most of Amazon's corporate workers are already on a hybrid scheme. Jassy noted that most Amazon corporate employees are working on a hybrid work schedule and that certain sections of the company, like its hardware and creative teams, are in the office more often, per CNBC. In contrast to Amazon's approach, other high-profile companies have required employees to report for work at their offices at least several days a week. Jassy had previously called off Amazon's company-wide plan to require corporate and tech workers to be in the office at least three days a week starting in January.

☆ Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg
▼ + stars: | 2022-08-18 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

The sister of Meta CEO Mark Zuckerberg was speaking at the Global Supertrends Conference 2022 on Wednesday. The Web3 is a hypothetical, future version of the internet based on blockchain technology — an "ideal utopia," said Zuckerberg. "In order to really unlock the potential [of Web3], we're going to need to figure out a system where there's interoperability. Going mainstreamHowever, according to Zuckerberg, that's easier said than done because no company running a metaverse right now wants to give up control or "share that ownership." She added that Web3 needs experts who have been involved in the global banking system and Web2 — the internet that we know today — to lend a "protective layer."

☆ It's official: Kim Kardashian and Kylie Jenner are smarter than Mark Zuckerberg
▼ + stars: | 2022-07-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

"Make Instagram Instagram again," the half sisters advised in posts on the platform, circulating a petition to stop the changes. And Zuckerberg won't be able to say Kim and Kylie didn't warn him. This after Facebook — Meta's former crown jewel — back in February reported a loss of users for the first time. But it all mostly boils down to the fact that Meta doesn't know how to innovate its product anymore. Flying a plane into a virtual mountainNow, none of this is to say that Meta doesn't make money.

☆ Капитализация Facebook впервые превысила 1 трлн долларов
▼ + stars: | 2021-06-29 | by ( ) nokta.md time to read: +1 min

Рыночная капитализация Facebook впервые превысила 1 трлн долларов. Федеральная торговая комиссия и 48 штатов США обвинили Facebook в нарушении антимонопольного законодательства. В заявлениях истцов говорится, что Facebook использует в отношении менее крупных конкурентов стратегию «купи или закопай». Среди требований, предъявленных к Facebook — продажа купленных в 2012-2014 годах мессенджера WhatsApp и соцсети Instagram для «восстановления добросовестной конкуренции». Представители компании напомнили, что несколько лет назад Федеральная торговая комиссия одобрила сделку по покупке Instagram и WhatsApp.

Persons: Instagram, nokta Organizations: Facebook, Reuters, Федеральная торговая комиссия Locations: США

☆ Mama mea e troll pe Facebook — Moldova.org
▼ + stars: | 2021-06-24 | by ( Anastasia Condruc | Autor Invitat | ) www.moldova.org time to read: +7 min

Aveam 16 ani când prietenii mei din Chișinău m-au dus pentru prima oară la un concert la Teatrul Verde. Publicitate„Mă trezesc dimineața la 7 și Teatrul e la mine în cap”Sandu Cordonean este manager cultural și membru al formației Via Dacă. Dorm cu asta, mă trezesc dimineața la 7 și Teatrul e la mine în cap. Ceva mititel și frumosPrintre primii care au susținut ideea de renaștere a Teatrului Verde a fost și agenția de publicitate Casa Imago. Un spațiu care încă păstrează în pereți și în scaunele verzi trăirile generațiilor de chișinăuieni care au mers la concerte și evenimente culturale.

Persons: Cordonean, Sandu, Olga Radu, Olga, Anna Vasina, Sandu Cordonean, Anna, Vladimir Vîsoțki, Tatiana Organizations: Verde, Ministerul Culturii, Mașina, Scarborough Open Air Theatre Locations: Chișinău, Parc, podval, Europa, Republica Moldova, Moldova, Anglia

☆ Американцы боятся, что Байден заставит их заплатить за реализацию своих обещаний
▼ + stars: | 2021-05-18 | by ( Mld Media Srl | ) noi.md time to read: +5 min

Судя по данным социологии, многие полагают, что деньги на планы Байдена будут взяты из их карманов. Представители республиканской партии раскритиковали решение Байдена о повышении налогов и заявили, что не поддержат это решение в ходе голосования в Конгрессе. Блеск и нищета корпорацийВпрочем, даже если демократам, удерживающим большинство в обеих палатах Конгресса, удастся принять налоговую реформу, не учитывая мнения республиканской партии, планы Байдена могут так и остаться планами. Операционная прибыль Apple составила 66,3 млрд долларов, Facebook — 32,7 млрд, Microsoft — 13,4 млрд, JPMorgan Chase — 36,5 млрд, Alphabet (материнская компания Google) — 54,6 млрд. В то же время за первые 100 дней нахождения Байдена на посту президента, состояние самых богатых американцев увеличилось почти на 200 млрд долларов.

Persons: Джо Байден, Байден, Сьюзен Коллинз, Шелли Мур Капито, Дональд Трамп Organizations: Times, Apple, Facebook, Microsoft, JPMorgan Chase —, Boeing, Общественный колледж, Конгресс, Большая семерка, воздухаДаже, Федеральная резервная система Locations: Белый дом, Тайдуотер, Норфолк, Мэн, США, Западная Вирджиния

☆ Как жители Молдовы узнают политические новости? Результаты опроса IRI
▼ + stars: | 2021-04-22 | by ( ) newsmaker.md time to read: +1 min

Больше половины граждан Молдовы привыкли узнавать политические новости по телевизору. Еще для 24% жителей Молдовы основным источником информации и политических новостей является интернет, а еще для 12% — социальные сети. Среди соцсетей в стране популярнее всего Facebook — им пользуется 61% граждан Молдовы и 73% жителей столицы. Видео на платформе YouTube смотрят 49% жителей страны и 59% жителей столицы, а на пятом месте по популярности мессенджер WhatsApp — 36% жителей страны и 46% в Кишмневе. Наименее популярны в Молдове Linkedin — им пользуются 3% жителей Молдовы и 7% жителей столицы и LiveJournal — 3% жителей страны и 5% жителей столицы.

Organizations: Facebook, YouTube, IRI, Magenta Consulting, Международный республиканский институт (), Международный республиканский институт Locations: Молдова, Кишинев, Кишмнев

☆ Какое преимущество у граждан стран, в которых есть "цифровой cуверенитет"
▼ + stars: | 2021-01-14 | by ( Mld Media Srl | Степанов Георгий | ) noi.md time to read: +6 min

Правда, для большинства из них есть нерадостная новость: сработает это только для граждан тех стран, которым не понаслышке знакомо словосочетание "цифровой суверенитет". Как пишет Ирина Алкснис, дата выбрана неспроста. Как пишет Ирина Алкснис, контроль над пользователями, пристрастное внимание к деталям их частной жизни со стороны интернет-компаний, конечно, раздражает большинство людей, но все-таки уже стало привычным явлением и воспринимается в общем как неизбежность. По ее словам, куда больше опасений вызывала у людей скорее аналогичная деятельность властей собственных стран. Правда, для большинства из них есть нерадостная новость: сработает это только для граждан тех стран, которым не понаслышке знакомо словосочетание "цифровой суверенитет", - отметила в заключение Ирина Алкснис.

Persons: Дональд Трамп, Ирина Алкснис, Политик, Павел Дуров, Илон Маск, Джек Дорси, Дуров, Эрдоган Organizations: The, Reuters, Facebook, Twitter, Apple Google, РИА Новости, Антимонопольный комитет Locations: —, США, Штаты, Турция, Соединенные Штаты

☆ Конгресс азербайджанцев Молдовы: „Присоединяйтесь к нашей общине! Наша община – наш дом, наша большая семья!”
▼ + stars: | 2020-11-06 | by ( ) ru.diez.md time to read: 1 min

Конгресс азербайджанцев Молдовы: „Присоединяйтесь к нашей общине! Наша община – наш дом, наша большая семья!”„В Республике Молдова проживает более пяти тысяч азербайджанцев. Благодаря гостеприимству и дружелюбию жителей Молдовы мы чувствуем здесь себя как дома. „Когда мы вместе, нам легче поддерживать связь с исторической Родиной, чтить и передавать нашим детям и внукам традиции нашего народа. Конгресс Азербайджанцев Молдовы желает и может сплотить всех нас в большую, дружную и сильную семью.

Persons: ” Organizations: Facebook, Конгресс Locations: Молдова, Республика Молдова, Родина, Азербайджанцы Молдова

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