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Transcripts for BBCNEWS World Business Report 20240604 04:47:00

wanting to spend on advertising spending, and now we are seeing that this is ok for the bigger players like, for example, meta which owns facebook and instagram, as well as alphabet, the parent company of google. they are reporting that revenue has not been hit as badly but it is the smaller companies, the likes of snap and pinterest that are saying it is still really impacting their revenue allocation. we are also seeing snap spending huge amounts of money on its new ai platform as well as augmented reality and many are wondering whether this will indeed yield returns in the company. will indeed yield returns in the company- will indeed yield returns in the company. kay cee, thank ou. the energy crisis triggered by the ukraine war has governments around the world looking for long term solutions that will also address climate change. this week, nine european countries agreed to work together to increase the amount of energy they generate from offshore wind farms. but europe s neighbou

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Meta, Amazon Push on With Job Cuts. Advertising Trends Show Why.

Transcripts for BBCNEWS BBC News 20240604 10:24:00

added to their account that they perhaps don t agree with, i think it will make some people consider whether it is a platform they want to be on at all. we have seen that happen already with advertisers, when elon musk first took over the company, they started to build their advertising spending from the platform. so it is a very confusing place for people to be a part. elon musk says this change is around bringing in these labels, it is to bringing in these labels, it is to bring more transparency so that users can see exactly who they are following and what it links to. but when you click on that ban of government funded accounts, it takes you through to the page that explains it and it talks about state affiliated media, which is something totally different. that is the kind of media we see examples of in russia and china, where the governments have sometimes control of the message that is on those platforms. so once again, a confusing situation. and once again, elon musk having to

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