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
forecast that second quarter revenue would be above market expectations. 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 to the founder of the tech advisory firm constellation research and it told me that meta has managed told me that meta has managed to keep eyeballs on its platforms and advertisers know that. , , ., ., that. they showed the digital at winter is that. they showed the digital at winter is falling that. they showed the digital at winter is falling and - that. they showed the digital at winter is falling and that l at winter is falling and that is important piece. what you mentioned earlier was important, advertisers are flocking to the big platforms. if you don t have the
ukrainian officials say at least 19 people have been killed by russian missile strikes in and around the city of odesa. and more than a million people are expected to take to the streets of london this weekend for pride, as the lgbt+ community marks 50 years since the first march. hello and welcome if you re watching in the uk or around the world. the chinese president, xijinping, has led a ceremony marking 25 years since the end of british colonial rule in hong kong. in a speech, he said true democracy began after the territory was handed back to china. mr xi also swore in hong kong s new leader, john lee, who praised the new security law that s been used to crush pro democracy protests. britain and the us have accused beijing of failing to live up to the promises it made in 1997 to respect hong kong s freedoms. mark lobel reports. and half a years since the start of the pandemic, choosing hong kong, two years on since a national security law. it is also 25 years since the b
government tells us and wants to be, this should not be happening, should it? i m sure it is not a delivery policy because mistakes are made deliberate. but these people are trying to find a new life, safe life which they shouldn t be still in a hotel months and months after they ve arrived in the country. it’s they ve arrived in the country. it s re they ve arrived in the country. it s pretty shocking and these displaced people. pretty shocking and these displaced people, these include children it s very difficult situation, imagine living very difficult situation, imagine living in. very difficult situation, imagine living in, yes, saferthan some areas living in, yes, saferthan some areas of living in, yes, saferthan some areas of afghanistan but imagine living areas of afghanistan but imagine living in areas of afghanistan but imagine living in a areas of afghanistan but imagine living in a hotel in a couple of rooms living in a hotel in a couple of roo