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Transcripts for BBCNEWS BBC News 20240604 01:23:00

some of the new companies, like tiktok, or find a new way to platform eyes things like the matter verse, platform eyes things like the matterverse, i platform eyes things like the matter verse, i suspect there long term prospects are a bit thin. ., ., ., thin. you mention other platforms thin. you mention other platforms like thin. you mention other platforms like tiktok, i thin. you mention other i platforms like tiktok, what thin. you mention other - platforms like tiktok, what is your perception of what is behind this slowing growth? i behind this slowing growth? 1 think that is part of it, and facebook has said as much, there is this shift across the web to more video. utube is doing fine with more video but it is a little more difficult to monetise and to advertise in these short video segments late on tiktok or on facebook s attempt to counter this with instagram s reels. a big part of this is how do you make money on these things, and i don t think anyone has the formula for

Transcripts for BBCNEWS BBC News 20240604 01:22:00

attracting new users to their community and they are losing users to some of the newer platforms out there, and so although they say this is a temporary thing, they are blaming in part the war in ukraine and the loss of russian users, it seems like this is just the mark of a slowly shrinking user base for facebook itself.- shrinking user base for facebook itself. facebook itself. some will say that growth facebook itself. some will say that growth is facebook itself. some will say that growth is slowing, - facebook itself. some will say that growth is slowing, this i facebook itself. some will say that growth is slowing, this is| that growth is slowing, this is bad news. the others will say, well, growth is still growth, compared to the likes of netflix and some other big losses we have seen. what side of that debate you settle on? well, certainly growth is still growth, and the one figure that looks especially good for facebook is the growth in revenues per user, because they us

Transcripts for BBCNEWS BBC News 20240604 01:21:00

of our economic and political recovery of our country. there is a government, there are people, and thrat s government, there are people, and that s what matters the most and that s what matters the most. ., . , ., , most. all over the city, homes and businesses most. all over the city, homes and businesses have most. all over the city, homes and businesses have either- and businesses have either completely collapsed, or look dangerously precarious. 0wners are trying to salvage what they can, when this is what you are faced with, it must be so difficult to know where to start. wendy urquhart, bbc news. facebook s owner, meta, has posted its slowest revenue growth in a decade. in the first three months of the year, revenues were up just 7%, compared to last year. the company, which also owns instagram and whatsapp, has warned of a difficult advertising market in the year ahead. well, joining me now to discuss this is alex halavais, associate professor of data and society at ar

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