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BBCNEWS Asia Business Report July 6, 2024

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 ....

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BBCNEWS Asia Business Report July 6, 2024

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 hav ....

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BBCNEWS Asia Business Report July 6, 2024

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 be ....

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BBCNEWS BBC News July 6, 2024

this is bbc news. our main headlines. outlines the end of sudan s ceasefire. china accuses the us of causing confrontation after agreeing a deal with career. ukraine could have more landmines than anywhere else in the world. and jerry springer known for his raucous talk shows has died at the age of 79. we will have more on all of those at the moment. sports news first. bbc sport centre. we can start with three premier league matches to look forward to that could prove decisive at both the top and the bottom of the table as the race for survival in champions league places at the finishing line in sight. third placed newcastle face everton who dropped into the bottom three last night after nottingham forest s win. there is also south coast derby with trouble for st mary s to play southampton and fourth place manchester united went to tottenham to play spurs against anotherjudgment under against another judgment under another caretaker against anotherjudgment under another ....

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BBCNEWS BBC News at Ten July 6, 2024

police say they believe nicola bulley, who s been missing for a week, fell into the river while walking her dog. the pope and british church leaders visit south sudan in an attempt to heal divisions in its civil war. have you caught him? and how will it end? millions of fans await the finale of the bbc s award winning drama happy valley. later on bbc london, the metropolitan police has apologised for inviting retired officers who were investigated for misconduct to rejoin the force. and coming up on the bbc news channel, britain s record signing enzo fernandez makes his debut for chelsea in the west london derby as fulham travel to stamford bridge. and coming up on the bbc news channel, britain s record signing enzo fernandez makes his debut for chelsea in the west london derby as fulham travel to stamford bridge. good evening. a diplomatic row has erupted between the us and china after a balloon was spotted at high altitude in the skies over america, which it says is b ....

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