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☆ 'Potential boost from TikTok uncertainty': Here's what Wall Street expects from Meta's 2nd-quarter earnings
▼ + stars: | 2024-07-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Read previewAll eyes are on Meta Platforms with the company set to report its second-quarter earnings results after the market close on Wednesday. AdvertisementHere's what Wall Street expects from Meta's second-quarter earnings report. Looking forward, Post highlighted that a potential TikTok ban in early 2025 could provide a big boost to Meta's advertising business. Advertisement"With political spend, and potential TikTok ban in 1Q'25, Meta could also see an ad spend benefit in 2H'24," Post said. The company also has the potential to offer guidance on the monetization potential of its licensing of Llama, its open-source large language model.

Persons: —, Meta, Justin Post, Ronald Josey, Josey, Wells, Wells Fargo, Ken Gawrelski, Gawrelski, Mizuho, James Lee, Lee, Mandeep Singh, Singh Organizations: Service, Meta, Nvidia, it's, Business, Bank of America, Citi, Cannes, Mizuho, Bloomberg Intelligence Locations: monetizing, Wells Fargo

☆ Mark Zuckerberg's PR team can't stop him from posting, internal texts reveal
▼ + stars: | 2024-06-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewIn September 2021, Mark Zuckerberg threw his PR team into a crisis situation. The story said part of the strategy involved Zuckerberg posting more lighthearted content to help rehab his image, and cited a video he had posted of himself riding a hydrofoil while holding an American flag. In those messages, you can see how the PR team agonized over Zuckerberg's desire to post a zinger about the misidentified hydrofoil. Nick Clegg, head of public policy at Meta, was also strongly against Mark posting something flippant about the hydrofoil. A warning label is a misguided idea, in my opinion, but it is a pesky public problem for Meta.

Persons: —, Mark Zuckerberg, Zuckerberg, Ryan Mac, Tucker Bounds, John Pinette, Pinette, I'm, Nick Clegg, Clegg, Meta Organizations: Service, New York Times, Business, Meta, The New York Times, Twitter, Facebook, US, MZ, Street Locations: New York, EU

☆ Advertising restrictions can have harmful effects on women’s health. Here’s what one company is doing about it
▼ + stars: | 2024-04-14 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +10 min

And on social media sites like Instagram, ads for Frida products related to fertility and breast health have long been censored and removed. A February 2023 report published by Canada’s Alberta Women’s Health Foundation found that taboos around women’s health issues hurt women by reducing awareness of conditions like menstruation symptoms and loss of bladder control. According to Bird, the return on investment when it comes to funding women’s health is tremendous, “but the funding alone can’t do it. The science alone can’t do it.”“You actually have to be able to disseminate information about women’s health … at a level that can be understood. “You’re seeing that kind of decision-making around the advertisements being on social media, but in the general public, we talk about women’s bodies and women’s lives,” said Bird.

Persons: New York CNN —, Frida, Chelsea Hirschhorn, there’s, ”, “, ” Hirschhorn, Hirschhorn, Jackie Rotman, Meta, it’s, Critics, Chloe Bird, Bird, Sara Murray Jordan Organizations: New, New York CNN, CNN, CVS, Target, Walmart, ABC, Meta, Intimacy Justice, Federal Trade Commission, FTC, Canada’s, Canada’s Alberta Women’s Health Foundation, Center for Health Equity Research, Tufts Medical Center, Medicine, Tufts University School of Medicine Locations: New York, Instagram, Canada’s Alberta

☆ For investors who scored big on Meta, a way to protect those profits and generate income
▼ + stars: | 2024-02-02 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

Meta Platforms (META) , formerly known as Facebook, is setting new highs following an absolute blowout earnings report and dividend initiation. META 1Y mountain Meta, 1-year For clarity, this is not a bearish view on Meta. Meta was my largest 2023 holding in the Essential 40 Stock Fund (ESSIX) portfolio that I manage. DISCLOSURES: (Long FB, sold call spread) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Meta Organizations: Facebook, Meta, RSI, FB

☆ Best travel destinations to visit in 2024
▼ + stars: | 2024-01-01 | by ( Cnn Travel Staff | ) edition.cnn.com time to read: +32 min

cdwheatley/iStockphoto/Getty Images Angola: Beyond the capital city of Luanda, pictured, Angola has some jaw-droppingly spectacular scenery and cultural treats. David ChiaFF/Alamy Stock Photo Mérida, Mexico: Yucatán state's capital city showcases a blend of Mayan and colonial heritage. Pavel Tochinsky/The Image Bank RF/Getty Images Morocco: This North African country is home to nine UNESCO sites, including the historic city of Meknes, pictured. Panama City is also the only world capital with a tropical rainforest within its city limits. And a historic city forever entwined with the famed Camino de Santiago.

Persons: you’d, Tengguo Wu, Gabriele Thielmann, Turkey's, Gary Ennis, Matevz, Bill Bachman, Christian Kober, Gonzalo Azumendi, David ChiaFF, Pavel Tochinsky, Terry Kelly, Raul Rodriguez, iStock, Anton Petrus, –, — Karla Cripps Turkey’s, — Barry Neild, Mana Kaasik, — Maureen O’Hare, — Maggie Hiufu Wong, Deb Snelson, Glen Arbor, Marnie Hunter, — Forrest Brown, — Forrest Brown Angola Cristo, Eric Lafforgue, it’s, King, Eric Carr, John’s, Saint John, New Brunswick —, —, Tuul, Bruno Morandi, — Julia Buckley, Groenewald, Alamy, — Lilit Marcus, Alexander the Great, Philip II of Macedon, — JB, Bogdan Lazar, — Tamara Hardingham, Gill, Hercules, Francesca, Lazarus, ”, David Casanova, Megan Sequeira Casanova, “, Kuka y Naranjo, medina, Gordon Sinclair, Yvette Cardozo, — FB, Pierce Ingram, Stefan Tomic, Fujairah, who’ve, Samarkand —, It’s Organizations: CNN, United, CNN Travel, Getty Images, Town, Getty, Northwest, Saint, New Brunswick Tourism, UNESCO, Heritage, Alamy, Parque Nacional Volcán Barú, Galicia, Tercera Orden, Parque, Bank, Wakulla Springs, Texas, United Arab Emirates, AP, Rock, of Culture, Estonian National Museum, — Maggie Hiufu Wong Northwest Michigan, Bear, Farm, Riders, Lubango, — BN Saint John, Canada Tourists, St, Saint John City Market, Historic, Saint John Arts Centre, Carnegie, Carnegie Library, — KC, Korea, Folk, Netflix, South Korea, Adriatic, Nacional Glaciares, Australian Sea Lions, Panama, Spain Santiago de, Spain Santiago de Compostela Cathedral, Islas, Camino, Mexico People, YouTube, US State Department, Morocco, Regis Hotels, Resorts, — FB Texas, Travel Texas, Krause, Gruene, Fujairah, Icefjord, FS, Tuul, ” Locations: United States, Sumba, Indonesia Sumba, Indonesia, Bali, Getty Images Tartu, Estonia, Tartu —, European, Tainan, Taiwan, Northwest Michigan, Traverse City, Lake Michigan, iStockphoto, Western Balkans, Culebra , Puerto Rico, Flamenco, Culebra, cdwheatley, Angola, Luanda, , New Brunswick, Fundy, New Brunswick, New Brunswick Tourism South Korea, Korea Albania, Albania, Chile, mauritius, Western Australia, Greece, Macedonia, American, Panama, Spain, Camino, Santiago, St, John's, Mexico, Parque Hidalgo, Morocco, Meknes, Florida, Spicewood, Anton, Greenland, Denmark, AP Uzbekistan, Bukhara, Indonesian, Sumela, Turkey's, — Barry Neild Tartu, Estonia Tartu, of Culture Tartu, Tartu, “, Baltics, — Maureen O’Hare Tainan, Taiwan Tainan, Taipei, — Maggie Hiufu Wong Northwest, Lake, Traverse, Leland, Glen, perusing, Balkans, Slovenia, Bosnia, Herzegovina, North Macedonia, Serbia, transdinarica.com, —, Puerto Rico, It’s, — Forrest Brown Angola, Lubango, Barra, Cabo Ledo, — BN Saint John , New Brunswick, Canada, Hopewell, Newfoundland, Saint, Canada’s, Korea Andong, South Korea, Sanga, Korea, Seoul, Busan, Andong, Albania Albania, Berat, Montenegro, Vlorë, Gjirokastër, — Julia Buckley Chile, Atacama, Patagonia, Coral Coast, Geraldton, — Lilit Marcus Macedonia, Thessaloniki, Greece's, Hemis, Athens, Vergina, Veria, Naousa, Greece’s, Thrace, Philippi, Kavala, Panama . Panama City, Gill Galicia, Spain Santiago, Spain Santiago de Compostela, Galicia, Galicia’s, Santiago de Compostela, Cabo, Fisterra, Galicia —, Singapore, John’s, Paseo, Montejo, Mérida, Yucatán, getaways, there’s, Marrakech, Rabat, Fes, Resorts Morocco, Wakulla, Ginnie, Fredericksburg, Texas, Marble Falls, Meanderers, New Braunfels, Dubai, Abu Dhabi, Wadi, Nuuk, Ilulissat, West, FS Uzbekistan, Samarkand, Uzbekistan, China, India, Khiva, Uzbek, Sentob, Tashkent

DETROIT (AP) — Rookie Jahmyr Gibbs ran for a season-high 152 yards and a touchdown, Jared Goff threw for 272 yards with a score, and the Detroit Lions beat the Las Vegas Raiders 26-14 on Monday night. The Lions kept the ball and scored on their third drive of the second half, taking a two-score lead on Gibbs' 27-yard touchdown run. In all, Las Vegas allowed its beat-up quarterback to get sacked six times. He finished with 15 carries for 61 yards and a 3-yard touchdown late in the first half that cut the Raiders' deficit to 9-7. Entering the game, Las Vegas had held an NFL-high five teams to fewer than 200 yards passing.

Persons: Jahmyr Gibbs, Jared Goff, Goff, Sam LaPorta, Marcus Peters, Detroit's, Craig Reynolds, Gibbs, Riley Patterson, Jimmy Garoppolo, Kerby Joseph, Davante Adams, Garoppolo, misfired —, Adams, Josh Jacobs, Amon, Ra St, Brown, LaPorta, Maxx Crosby, Pro Bowler, LB Luke Masterson, FB Jakob Johnson, RB David Montgomery, Frank Ragnow, OG Jonah Jackson, ___ Organizations: DETROIT, Detroit Lions, Las Vegas Raiders, NFC, Lions, Las Vegas, Raiders, Detroit, Las, NFL, Eastern Michigan's, LB, RB, OG, UP NEXT, New York Giants, Sunday . Lions, Los Angeles Chargers Locations: Las Vegas, Vegas, Detroit, Eastern

But just because Facebook would prefer that you don't download video, that doesn't mean you can't do it. Here's how to download a video from Facebook, whether you're using your computer, iPhone, or Android phone. AdvertisementAdvertisementHow to save a video on Facebook to watch laterBefore we get to permanently downloading videos from Facebook, though, there may be times when you simply want to save a video within Facebook so you can more easily watch it later. AdvertisementAdvertisementHow to save and download a video from Facebook to your computerWe don't recommend using any third-party programs or websites to try to download videos on your computer. Start playing the video, right-click on the video, and then choose Save Video As.

Persons: Stefan Ionescu, there's Organizations: Facebook, Service, Android, Press Locations: Wall, Silicon

☆ Meta criticized for making reproductive health an R-rated issue
▼ + stars: | 2023-08-15 | by ( Jessie Gretener | ) edition.cnn.com time to read: +6 min

CNN —Female reproductive health experts are calling on Meta, the parent company of Facebook and Instagram, to rethink its restrictions on reproductive health content. The company has long faced criticism for removing and restricting female reproductive health information with a prominent report from the Center for Intimacy Justice early last year accusing Meta of systematically rejecting many female and gender diverse reproductive health ads. Lets talk about p3riodsThe practice of censoring female reproductive health content is not unique to Meta, with similar issues reported on other social media platforms. CNN asked Meta about the reports that it is continuing to remove, restrict, and shadow-ban female reproductive health content. CNN also asked Meta why all female reproductive health, including menstrual health, is classified as an 18+ issue.

Persons: Meta, Jackie Rotman, ” Rotman, Hazel Wallace, ”, “, ” Wallace, Ryan Daniels, Wallace, Tracey Lindeman, ” “ You’re, ” Lindeman Organizations: CNN, Meta, Facebook, Intimacy Justice

☆ Mark Zuckerberg said its Threads community is 'on the trajectory I expect' despite its plummeting daily user base
▼ + stars: | 2023-08-05 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg said its Threads user base is "on the trajectory I expect" despite many users leaving already. The Meta chief said it has been a "good week for Threads" in a post on the text-based app. Mark Zuckerberg said it has been a "good week" for Meta's new social network Threads in spite of its daily active user base plummeting since its launch. The data showed it had 8 million users at the end of July, down from a high of 44 million days after Threads launched on July 5. Zuckerberg wrote in a Threads post: "A good week for Threads.

Persons: Mark Zuckerberg, Zuckerberg, Instagram, Adam Mosseri, Meta didn't

☆ Wall Street analysts become even more bullish on Meta after its latest earnings report
▼ + stars: | 2023-07-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Meta has had a breakout year in 2023 — and Wall Street analysts think the stock has even further room to grow after company's latest quarterly report. The new target price implies more than 25% upside from Wednesday's close. Bank of America analyst Justin Post also increased his price target on Meta shares to $375 from $350. META YTD mountain Meta shares in 2023 Meanwhile, UBS hiked its price target to $400 from $335, implying 34% further upside. He reiterated his overweight rating while lifting his price target to $425 from $300, one of the highest on the Street.

Persons: Meta, Morgan Stanley, Brian Novak, Novak, Justin Post, Goldman Sachs, Eric Sheridan, Sheridan, Wells, Ken Gawrelski, Gawrelski, Stephen Ju, Ju, UBS's Lloyd Walmsley, Walmsley, Doug Anmuth, — CNBC's Michael Bloom Organizations: Wall Street, Meta, Bank of America, Citi, Reality Labs, UBS, Credit Suisse Locations: opex

☆ Twitter X logo: Elon Musk rebrands social media platform
▼ + stars: | 2023-07-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —In a radical rebranding, Twitter owner Elon Musk has replaced Twitter’s iconic bird logo with X.Musk made the shock announcement of his plans early Sunday. “Interim X logo goes live later today,” he wrote, shortly before sharing a photo of Twitter’s headquarters lit up by a giant new X. Increasing the pressure, earlier this month rival social media platform Threads launched from Facebook (FB) parent Meta. Twitter had 238 million active users prior to being taken private by Musk in October 2022. Musk explained his approach to free speech by saying: “Is someone you don’t like allowed to say something you don’t like?

Persons: Elon Musk, Musk, X.com, ”, “ adieu, Mary ”, Twitter's, David Odisho, Linda Yaccarino, Twitter, Mills, Adam Mosseri Organizations: New, New York CNN, Twitter, Facebook, SpaceX, Tesla, Defamation League, Free Press, GLAAD, Meta Locations: New York, Twitter's San Francisco

☆ Stocks making the biggest moves midday: Morgan Stanley, Bank of America, Charles Schwab and more
▼ + stars: | 2023-07-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Morgan Stanley — Shares of the James Gorman-led bank jumped more than 6% after the firm posted second-quarter earnings and revenue that topped analysts' expectations. Bank of America – Bank of America shares rose nearly 4% after the company reported second-quarter financial results. Bank of New York Mellon — Shares rose more than 4% after Bank of New York Mellon reported second-quarter revenue and profit that beat Wall Street's expectations. PNC Financial — Shares gained 2.6% after PNC Financial reported second-quarter earnings that topped Wall Street's earnings expectations but came in slightly short on revenue. The Swiss pharmaceutical firm reported second-quarter earnings that topped estimates, according to StreetAccount.

Persons: Charles Schwab, Morgan Stanley —, James Gorman, Morgan Stanley's, Refinitiv, PacWest, Bernstein, UnitedHealth, Pinterest, intraday, Masimo preannounced, Stifel, Lockheed Martin, Macheel, Sarah Min, Yun Li, Alex Harring, Michelle Fox Organizations: Bank of America – Bank of America, Regional Banking, Western Alliance, FB Financial, Verizon, AT, Bank of New York Mellon, PNC, PNC Financial, Novartis — U.S, Novartis, Sandoz, Masimo, Lockheed Locations: San Francisco , California, Swiss, FactSet

☆ Mark Zuckerberg says tens of millions of people are returning to use Threads every day
▼ + stars: | 2023-07-18 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Mark Zuckerberg said he was very optimistic about the growth of the community on Threads. Mark Zuckerberg says "tens of millions" of people are returning to use Threads daily almost two weeks after the launch of the Twitter rival. In a Threads post on Monday, the Meta boss said he was "very optimistic about how the Threads community is coming together." "It'll take time to stabilize, but once we nail that then we'll focus on growing the community," Zuckerberg wrote. The comments from Zuckerberg come as his rivalry with Elon Musk and Twitter intensifies since the launch of Threads.

Persons: Mark Zuckerberg, Zuckerberg, Elon Musk, Musk, Instagram, Adam Mosseri, Meta Organizations: Elon, Twitter

☆ Elon Musk jet-tracking account moves to Twitter rival Threads
▼ + stars: | 2023-07-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

And Sweeney continues to tweet under a personal account, using it to announce the move of ElonJets to Threads. The first Threads post on the elonmusksjet account was one announcing that ElonJet had landed on Threads, followed by one asking Meta CEO Mark Zuckerberg if the account could stay. But the elonmusksjet account was temporarily blocked, according to a posting on Sweeney’s personal Threads account, which included a screenshot of message he received from Threads telling him the elonmusksjet account was active once again following a requested review. “Sometimes we need to take action to help keep our community safe.”Since then the Threads account has tracked one Musk flight, from Austin to Brownsville, Texas three days ago. Sweeney also operates a separate Threads account called zuckerbergjet, but it has yet to track any flights since it went live on Threads at the same time elonmusksjet did.

Persons: Elon Musk’s, Jack Sweeney —, —, Musk, Sweeney, ElonJet, Mark Zuckerberg, “, ”, elonmusksjet Organizations: New, New York CNN, Meta, Twitter, Facebook Locations: New York, Florida, Austin, Brownsville , Texas

☆ EU AI law: Top companies raise alarm over Europe's proposed rules
▼ + stars: | 2023-06-30 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

In an open letter sent to EU lawmakers Friday, C-suite executives from companies including Siemens (SIEGY), Carrefour (CRERF), Renault (RNLSY) and Airbus (EADSF) raised “serious concerns” about the EU AI Act, the world’s first comprehensive AI rules. “Such regulation could lead to highly innovative companies moving their activities abroad” and investors withdrawing their capital from European AI, the group wrote. Race to regulateTech experts have increasingly called for greater regulation of AI as it becomes more widely used. The EU rules are the world’s “first ever attempt to enact” legally binding rules that apply to different areas of AI, according to the European Parliament. The Act also outlines transparency requirements for AI systems.

Persons: Yann LeCun, Hermann Hauser, “, France Valeria Mongelli, Sam Altman, ERIC, ”, Dragos, ” Brando Benifei, CNN “ Organizations: Germany CNN, EU, Siemens, Carrefour, Renault, Airbus, Meta, British, ARM, “, Bloomberg, Getty, US, Tech, SAP, Ericsson, CNN Locations: Dortmund, Germany, Europe, Strasbourg, France, United States, China, Romanian

☆ Malaysia to take legal action against Meta over ‘undesirable’ content
▼ + stars: | 2023-06-23 | by ( ) edition.cnn.com time to read: +2 min

Malaysia said Friday it would take legal action against Facebook parent company Meta for failing to remove “undesirable” posts, the strongest measure the country has taken to date over such content. It also said Meta had failed to take sufficient action despite the body’s repeated requests and that legal action was necessary to promote accountability for cybersecurity and protect consumers. The commission also did not immediately respond to a request for comment on what legal action might be taken. Facebook is Malaysia’s biggest social media platform, with an estimated 60% of its population of 33 million having a registered account. Globally, big social media firms that include Meta, Google’s (GOOGL) YouTube, and TikTok are often under regulatory scrutiny over content posted on their platforms.

Persons: Anwar Ibrahim’s, ”, Meta Organizations: Facebook, Meta, Malaysian Communications and Multimedia Commission, Malay Muslim, YouTube Locations: Malaysia, Malay, Vietnam, Indonesia

☆ 'We've entered the Twilight Zone': Behind the beef that led to Elon Musk and Mark Zuckerberg's 'cage match'
▼ + stars: | 2023-06-22 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Mark Zuckerberg and Elon Musk say they are ready to face off in a "Vegas Octagon." Elon Musk is apparently ready to find out, with the world's richest man having challenged Mark Zuckerberg to a "cage match" — an offer that the martial arts-loving Facebook co-founder quickly agreed to. "I think we've entered the Twilight Zone," Ives added. I think we've entered the Twilight Zone. "I don't use FB and never have," Musk tweeted at the time, adding: "Just don't like Facebook.

Persons: Mark Zuckerberg, Elon Musk, Dan Ives, It's, we've, Ives, Zuckerberg, Musk, I'm Organizations: Facebook, Wedbush Securities, CNBC, Bloomberg, —, SpaceX, Meta Locations: Cambridge, tweeting

☆ Fact Check-Image of Tom Cruise with stunt doubles is AI-generated
▼ + stars: | 2023-06-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An AI-generated image purporting to show American actor Tom Cruise alongside two of his stunt doubles has confused social media users online. The widely shared image (here) caused some confusion and questions online (here), (here). “Tom Cruise's stunt doubles celebrating at the MI 7 premier after party. The same user shared another post later saying, “I made a few AI images of Tom Cruise Stunt Doubles with Midjourney a few days ago, for fun. Image of Tom Cruise with stunt doubles is AI-generated, not an authentic photograph.

Persons: Tom Cruise, Tom Cruise's, “, Midjourney, Read Organizations: Reuters, MI

☆ 5 stocks that are best-positioned over the next 10 years to capitalize on the AI boom promising to transform the economy, according to Global X's lead AI researcher
▼ + stars: | 2023-06-14 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Tejas Dessai says AI is still in its early stages, and he's taking a long-term investing outlook. Dessai is the lead AI researcher at Global X. The firm's AI ETF is up 38% this year. According to Dessai, the lead AI research analyst at ETF issuer Global X, AI adoption throughout the economy will be a slow process and likely span the next decade. Dessai's research helps inform the holdings in the Global X Artificial Intelligence & Technology ETF (AIQ), which is up 38.6% this year.

Persons: Dessai Organizations: Tejas, Global, Nvidia, Meta, Tejas Dessai, Intelligence, Technology, TrueMark Technology, Learning, Facebook, Google

☆ Meta vs. TikTok: How they're each using AI to attract advertisers and which one is winning
▼ + stars: | 2023-06-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +14 min

The aim was a similar short-form video service to become more competitive in the space and slow down ad share losses. "This is a key leading indicator for monetization, and any incremental results from AI-driven targeting and measurement would accelerate the market share shift." In a digital advertising market where growth is limited, the battle for market share gains is critical. TikTok's AI strategy TikTok has seen a quick rise in viewership by virtue of predictive AI for content recommendation. TikTok advertisers can place ads through the platform's TikTok Ads Manager , offering automatic audience targeting and measurement tools.

Persons: TikTok, Debra Aho Williamson, Instagram, Aho Williamson, Rohit Kulkarni, Roth MKM, Kulkarni, Roth MKM Kulkarni, Oppenheimer, That's, Brad Erickson, Meta, Erickson, Meta's, Mark Zuckerberg's, Roth, Joe Biden, it's, we're, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique, Lightrocket Organizations: Facebook, TikTok, Meta, Insider Intelligence, Apple, CNBC, JMP Securities, RBC Capital, Citi, —, Oracle, Getty Locations: Beijing, Instagram, U.S, Montana

☆ 'Airbnb is our wealthy man': A booking scam left a TikTok star stranded in Italy until Airbnb intervened to put her group up in a luxurious Mediterranean villa
▼ + stars: | 2023-05-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Her complaint video received over 6 million views in just days, and Airbnb stepped in to help. Airbnb is now receiving praise and criticism for responding so quickly and putting the group in a Positano villa. One day and 5.5 million views later, the group of about 10 women are spending their European vacation in a villa overlooking the Mediterranean Sea thanks to Airbnb. "Upon investigation, we can now confirm that this fake villa listing was not booked via Booking.com, but instead found on a fake copycat website," the statement read. Social media commentator Jack Appleby wrote in a tweet that the video of Earle thanking Airbnb garnered close to two million views in four hours.

☆ Meta slapped with record $1.3 billion EU data privacy fine over transfer of Facebook data to US
▼ + stars: | 2023-05-22 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

The European Data Protection Board announced the fine in a statement Monday, saying it followed an inquiry into Facebook (FB) by the Irish Data Protection Commission, the chief regulator overseeing Meta’s operations in Europe. The fine is the largest ever levied under Europe’s signature data privacy law, known as the General Data Protection Regulation, or GDPR. Meta has also been ordered to cease the processing of personal data of European users in the United States within six months. Meta’s infringement is “very serious since it concerns transfers that are systematic, repetitive and continuous,” said Andrea Jelinek, chair of the European Data Protection Board. EU and US policymakers were on a “clear path” to resolving this conflict under a new transatlantic Data Privacy Framework.

☆ Michigan man says posting a meme about pooping on company time led to him filing for bankruptcy after he was sued by his employer
▼ + stars: | 2023-05-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

When a Michigan man posted a meme about work to Facebook in 2019, a lengthy legal battled ensued. In the ruling, the court said Hidalgo would have to pay $150,000 to Roman Stone Works. The viral post about the firing led to online harassment of Roman Stone Works from supporters of Hidalgo. The Roman Stone Works Facebook page still receives comments related to the situation, including one as recently as two weeks ago. Roman Stone Works did not immediately respond to Insider's request to comment.

☆ There's been 'an aggression' from FTC on large mergers, says fmr. FB general counsel Chris Kelly
▼ + stars: | 2023-04-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's been 'an aggression' from FTC on large mergers, says fmr. FB general counsel Chris KellyChris Kelly, Kelly Investments founder and Facebook’s former chief privacy officer and general counsel, joins 'Squawk Box' to discuss the fallout from the Microsoft-Activision blocked merger, what it means for the FTC and dealmaking in the U.S., and more.

☆ Fact Check-Circulating photo is from a gaming expo, does not show the lobby at CERN
▼ + stars: | 2023-04-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A tweet said, in part, “The lobby at CERN; Nothing at all demonic to see here…” (here). The posts show what appears to be a 3D art display of demonic figures or creatures climbing out of the floor, with observers in the background. An online search for the photo leads to a blog post (here), (here) by 3D artist Kurt Wenner (kurtwenner.com/biography/). He was commissioned by Microsoft Studios to promote the “Gears of War” video game series, the first installment of which was released in November 2006. The photo shows a 3D art illustration by artist Kurt Wenner at a gaming expo in 2006 and does not show the CERN lobby.

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