on well established platforms such as facebook and instagram in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost cutting campaign that has so far resulted in 150,000 lay offs across the sector. for more on meta s results and what they say about the state of big tech let s bring in ray wang, founder of tech advisory firm, constellation research. yeah, they showed that the digital add is fine, yeah, they showed that the digitaladd is fine, and i think that s a really important piece. and what you mentioned earlier is important. advertisers are flocking to the big platforms. if you don t have the users and the eyeballs, they are not going to be there. they were able to keep their monthly active users still at 2.99 billion, almost at 3 billion intact, and they were able to drive sales up 3% and give guidance that was much higher in between the 29.5 billion to 32 billion range. and that is coming on the heels of 20
this confirms the view that digital advertisers are betting on well established platforms, such as facebook and instagram, in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost cutting campaign that has so far resulted in 150,000 lay offs across the sector. earlier i spoke with ray wang, the founder of the tech advisory firm constellation research and he told me that meta has managed to keep eyeballs on its platforms and advertisers know that. yeah, they showed the digital ad winter is thawing and that is a really important piece. what you mentioned earlier was important, advertisers are flocking to the big platforms. if you don t have the users and the eyeballs, they are not going to be there and what meta showed was that they were able to keep their monthly active users still at 2.99 billion, almost 3 billion, intact, and were able to drive sales up 3% and give a queue to guidance that was much higher between
Become more stable since it was implemented. Now its time for World Business report. Sally will be here for you. Google strikes a billion dollar deal to buy part of smartphone maker htc. A smart move, or another costly m ista ke 7 plus eight years in the making and mired in controversy. Today, the ceta free trade deal between the eu and canada finally comes into force. But can the uk still reap the benefits post brexit . Welcome to World Business report. Im sally bundock. Also in the programme, toshibas finally expected to formalise the 18 billion dollar sale of its chip unit. But the markets think the story might not be over. But first we start in taiwan, where in the last couple of hours, smartphone maker, htc, has struck a billion dollar deal with alphabet, the Company Behind google. Shares in the Taiwanese Company were suspended on reports google was planning a take over of the firm. Instead it is buying the mobile phone part of the company, leaving htc to carry on with its other p
We are headed up now we did drop into the upper 30s in some places yesterday morning. Now temperatures in the 30s for the next several days of the were going to be late on our first real hard reads. We tend to see that and of october early november. What a neat have more clouds out there this morning and we will see that on and off all day. Fortysix in durham. Fortythree and roxborough. We will see temperatures a little warmer this afternoon. Mid to upper 40s this morning 16 at lunchtime and 74 this afternoon. Will talk better chances coming up in a few minutes. We are starting to see delays holding this morning as you come out of johnston heading to garner and look at i 40 on the right shoulder you see flashing light it looks like maybe a minor accident or disabled vehicle over on the right shoulder contributing to our back up this morning. About beltline split. The delays on 40 west heading into garner are backed up until the bypass. That is what you get beyond the clayton bypass. A
Students in remote village learning english through songs and games from a young age. Rescuers report hundreds of casualties after a series of explosions ripped through taiwans second largest city, the powerful blast in kaohsiung took place and 24 people were killed and 271 others were injured. Nhk has more from te reporter a large part of the street has caved in. This shows how intense the explosions were. Cars have been flipped over. And theres rubble everywhere. An unknown number of firefighters are said to be among the injured. Translator suddenly i heard an explosion and the ground split open. I hurt my arm and knee. Translator ive never seen anything like this before. It looks like the street was bombed. Reporter residents say the blasts were loud. They say the ground shook like an earthquake. Authorities are looking into the cause of the explosions, local media say the blasts may have been triggered by vaporized Chemical Substances that escaped from underground pip. The explosio