Sources: Meta is pursuing a Llama successor and new frontier AI model, codenamed Avocado, set for release in Q1 2026 and that could be a proprietary model
Meta CEO Mark Zuckerberg was so optimistic last year about his company's Llama family of artificial intelligence models that he predicted …
HBO Max raises prices across all plans: Basic With Ads increases by $1/month to $10.99, Standard by $1.50/month to $18.49, and Premium by $2/month to $22.99
It's going to cost you more to watch HBO Max, after the streaming platform raised its prices just a year after its last hikes.
Meta says it is “99% of the way” to resolving a global outage that hit Facebook, Instagram, Threads, and WhatsApp, starting at approximately 12:40pm ET
Facebook: down — Bluesky: up up up with the workers Karissa Bell / @karissabe : Quite an outage for Meta... I can't remember the last time so many of its services were down more ...
Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to launch TikTok Shop in Latin America in the coming months
- ByeDance's video app is fast expanding beyond advertising … The 2024 merchandise volume goal for the US version of TikTok Shop …
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies
The Information :
On April 23, a Meta ad system glitch caused some campaigns to overspend by more than double their daily cost cap; 10+ agencies say Meta gave next to no feedback
James Hercher / AdExchanger :
Apple's new App Store guidelines say that social networking apps that sell “boosts” for posts must use in-app purchases for the transactions
With the release of iOS 16.1 and iPadOS 16.1, Apple is updating the App Store review guidelines that are provided to developers who create apps for iPhones and iPads.
Twitter plans to shut down TweetDeck for Mac on July 1 to “focus on making TweetDeck even better”, pointing users to the web version and an upcoming Preview
Agreements between Apple and some states to offer digital IDs in Wallet show states covering the costs of issuing the IDs and Apple approving marketing efforts
Sources: House Democrats will introduce five bills to limit anticompetitive practices of Amazon, Apple, Google, Facebook, and others as soon as this week
Facebook says global ads chief Carolyn Everson is leaving after more than a decade; Everson was a liaison to big marketers during major controversies
Megan Graham / CNBC :
In his Epic v. Apple trial testimony, Tim Cook offered a carefully tended ignorance that left many of the lawsuit's key questions unanswered, or unanswerable
As Apple and Epic make their closing arguments, a look back at the judge's pointed questioning of Cook on Friday that touched on App Store's lack of competition
Judge Yvonne Gonzalez Rogers, who is presiding over the Epic v. Apple antitrust trial, saved her best for last.
Facebook launches a TV, radio, and digital ad campaign in support of personalized ads called Good Ideas Deserve to be Found, ahead of Apple's IDFA changes
Megan Graham / CNBC :
Sources shed light on the increasingly personal battle between Tim Cook and Mark Zuckerberg, who in private reportedly said “we need to inflict pain” on Apple
exactly what Apple is attacking FB over.) Depesh Mandalia / @depeshm : Who's signing up for Apple ads?! I love the paradoxical wording: a) the Apple ad platform does not track you ...
In an apparent swipe at Zuckerberg, Tim Cook says that valuing engagement over privacy leads to “polarization” and “violence” and such businesses need reform
from safeguarding your health & financial data to guarding against algorithms that perpetuate rampant misinformation. We need transparency and reform. Jason Snell / @jsnell : Tim C...
Apple defends its delayed IDFA changes in iOS 14 and slams Facebook, saying “its intent is to collect as much data as possible” on its users
Last month, a coalition of eight civil and human rights organizations penned an open letter to Apple CEO Tim Cook regarding …
Facebook responds to Apple's defense of IDFA, saying Apple is using its “dominant market position to self-preference their own data collection”
Bloomberg :
Facebook responds to Apple's defense of IDFA, saying Apple is using its “dominant market position to self-preference their own data collection”
Apple Inc. on Thursday slammed Facebook Inc. and other internet giants for their ad-targeting practices in response to a letter questioning …
Instagram says it will temporarily remove the “Recent” tab from hashtag pages to reduce the spread of misinformation leading up to the US election
Salvador Rodriguez / CNBC :