Meta Platforms Inc Class A (META)
Earnings Growth Expected to Broaden Beyond Tech
The current expectation is for double-digit earnings growth in each of the next two years, with the number of sectors enjoying strong growth notably expanding from the narrow base we have been seeing lately.
Instagram's Ad Revenue Could Hit $32 Billion by 2025, Driving Meta's Growth: Report
Meta Platforms Inc's META Instagram has the potential to generate 50% of the company's advertising revenue in the U.S., Bloomberg cites from Emarketer estimates.
Report: Instagram Set to Drive Half of Meta's Ad Revenue
Instagram will soon make up half of parent company Meta's advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg News reported Wednesday (Dec. 18), citing data from Emarketer.
Instagram to surpass half of Meta's US Ad revenue by 2025
Instagram, the photo and video-sharing social media platform, is on track to become Meta Platforms' (META) primary engine for advertising revenue in the United States by next year.
Instagram to make up more than half of Meta's US ad revenue in 2025, report shows
Instagram is set to account for more than half of Meta Platforms' advertising revenue in the United States next year, as the social media platform improves monetization of its products, according to research firm Emarketer.
Ireland fines Meta 251 mn euros over Facebook hacks
An Irish regulator helping police European Union data privacy on Tuesday said it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw users' accounts hacked.
Trump Card in Potential TikTok Ban, META & SNAP Best Positioned
President-elect Donald Trump will tip the scales on whether TikTok is banned from the U.S., according to Seth Schachner. He says the incoming president, paired with the Supreme Court, will decide if the enterprise will forfeit to a U.S. company.
Tech giant Meta will pay Australians $50 million for enabling the Cambridge Analytica scandal
The Australian Information Commissioner today announced a settlement with tech giant Meta over its involvement in the Cambridge Analytica scandal.
Meta Fined $263.5M for Security Breach in Facebook's 'View As' Feature
The 2018 breach exposed the private profile data of millions of Facebook users globally.
EU privacy regulator fines Meta 251 million euros
The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday following two inquiries into a personal data breach.
Meta fined $263M over 2018 security breach that affected ~3M EU users
Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018.
Meta to set up $50M privacy payment scheme to settle Australian proceeding
Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country's information watchdog OAIC announced Tuesday.
