After super charged, double-digital growth during the pandemic, the results this week from the five biggest U.S. tech giants showed a big slow down, as they grapple with inflation, looming recession and an overall slowing economy Read More...
Benzinga
Facebook Stops Renewing US Publisher Contracts In Its Quest For Metaverse, TikTok Rivalry: Report
Meta Platforms Inc (NASDAQ: META) informed U.S. publishers regarding the non-renewal of contracts to feature their content in its Facebook News tab, Axios reports. Meta’s move will affect deals worth over $100 million. The U.K., France, Germany, and Australia deals will remain intact, the Wall Street Journal reports. Meta had signed up multiple publishers recently, including deals worth tens of millions of dollars with news organizations like WSJ, the New York Times, and the Washington Post. Ear
Add Comment