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The Latest Breaking News from Tom Alison

US Rests Case In Landmark Meta Antitrust Trial

The US government rested its case against Facebook-owner Meta on Thursday, as it tries to persuade a US judge that the tech giant bought Instagram and WhatsApp to neutralize them as rivals.

International Business Times

Battle For Gen Z: Facebook Takes On Snap, Pinterest, TikTok

Facebook has a new plan to win Gen Z users amid competition from TikTok, Snap and Pinterest. What does it mean for Meta stock?

Investors Business Daily

Meta working on generative AI model to power Reels and more, says head of Facebook

Meta is looking toward Generative AI to help unify its videos across Feeds, Groups, and Reels.

Android Central

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Meta Stock Rallies Above 500 As Facebook Parent Touts AI-Powered Gains

Meta stock gained again Thursday. The Facebook parent company said generative artificial intelligence is boosting engagement.

Investors Business Daily

Facebook has 3 billion users, but younger users quitting platform

More than a third of the world’s population is on Facebook but it still finds itself in a battle for relevancy.

Al Jazeera

Facebook, nearing 20, has 3 billion users. Many of them are old.

But it says it isn’t dead or just for “old people,” as critics have said for years. The social media platform, born before the iPhone, is approaching two decades in existence.

Chicago Sun-Times

Facebook has 3 billion users. Many of them are old.

Facebook says it is not dead

The Independent UK

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Meta Confronts an Apple-Sized Hole in Its Once-Mighty Advertising Business

The social media company must deal with a range of headwinds, but a year later, the hit to its ad targeting capabilities has been particularly painful.

Businessweek

TikTok President Reasons Why Copying The Former Will Not Be Conducive For Facebook

TikTok's President of Global Business Solutions and former Meta Platforms, Inc (NASDAQ:META) Facebook veteran Blake Chandlee in a CNBC interview, shared how TikTok massively differed from Facebook. ByteDance Ltd-owned TikTok did not look to mimic Facebook. In contrast, Facebook struggled to win users by restructuring its Facebook and Instagram apps to emulate TikTok's popular short video format.…

People

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