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Exclusive: Meta girds for ‘fierce’ headwinds, slower growth in second half -memo

June 30 (Reuters) – Facebook-owner Meta Platforms Inc (META.O) is bracing for a leaner second half of the year, as it copes with macroeconomic pressures and data privacy hits to its ads business, according to an internal memo seen by Reuters on Thursday. The company must “prioritize more ruthlessly” and “operate leaner, meaner, better executing …

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EXCLUSIVE TikTok plans big push into gaming, tests in Vietnam -sources

TikTok app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG/HANOI, May 19 (Reuters) – TikTok has been tested so users can play games on its video-sharing app in Vietnam, part of plans for a major push into …

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Johnny Depp’s attorneys challenge Amber Heard on abuse claims

May 16 (Reuters) – Attorneys for actor Johnny Depp began their questioning of Amber Heard in the couple’s defamation trial on Monday and challenged the “Aquaman” star’s claims that she suffered physical abuse before and during their brief marriage. Depp’s attorneys introduced photographs of Heard making public appearances on red carpets and “The James Corden …

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Exxon exodus turns floating ‘cube’ into Internet meme

HOUSTON, Oct 4 (Reuters) – Exxon Mobil’s trophy US campus is becoming an Internet meme. The visually stunning complex, sometimes compared to Apple’s ring and Alphabet’s Googleplex campuses, opened in 2014 as Exxon stood atop of the global oil market. Its centerpiece is a giant cube that appears to float above the office and research …

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When it comes to travel, the metaverse has real life benefits

Many virtual reality and travel professionals believe that the metaverse will not only function as a new source of revenue for travel brands and tourism boards, but it’ll also be an important marketing tool.franz12/iStockPhoto / Getty Images While there are several examples of why people might choose to travel in the metaverse versus in real …

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Meta shares surge after Facebook ekes out user growth

April 27 (Reuters) – Facebook rebounded from a drop in users early this year and its parent Meta (FB.O) posted a profit ahead of Wall Street targets, defying low investor expectations with a quarterly report that sent shares up 20%. Meta CEO Mark Zuckerberg also said that the company would scale back costs and was …

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