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Meta reports Q1 FY25 earnings with 16% revenue growth and 37% EPS increase

Meta reports Q1 FY25 earnings with 16% revenue growth and 37% EPS increase

4 days ago

Meta reported a 6% increase in daily active users to 3.43 billion and a 5% rise in ad impressions. Revenue grew 16% year-over-year to $42.3 billion, with earnings per share at $6.43, exceeding expectations. The stock rose 4.1% after the report. For Q2, Meta expects revenues between $42.5 billion and $45.5 billion and raised its capital expenditure forecast to $64-$72 billion. However, EU regulations may impact its advertising model and user experience.

Meta Launches AI App with Voice Features for Personalized Assistant Experience

Meta Launches AI App with Voice Features for Personalized Assistant Experience

5 days ago

Meta has launched the Meta AI app, a personalized AI chatbot that remembers user preferences and context. It features a Discover feed for sharing AI usage and integrates with Meta's AI glasses. Built with Llama 4, the app enhances conversational responses and includes voice interactions. Available in select countries, it connects with Meta products for a seamless experience. Users can manage their preferences and enjoy a more personal AI assistant across devices.

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Marketing Workflow Templates

Marketing Workflow Templates

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Markifact offers ready-to-use marketing workflow templates to save time and automate digital marketing tasks. It is a no-code platform that enables users to create AI-powered workflows for automating decisions and actions across various marketing channels. Scale your marketing with agentic workflows, start using Markifact now for free!

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European Commission Fines Meta and Apple for Data Consent Violations Under DMA

European Commission Fines Meta and Apple for Data Consent Violations Under DMA

The European Commission fined Meta €200 million and Apple €500 million for breaching data consent regulations and anti-steering obligations under the Digital Markets Act. Meta's 'Consent or Pay' model did not provide users a compliant choice for less personalized services, and Apple restricted app developers from informing users about alternatives outside its App Store. Both companies must comply within 60 days or face penalties.

Instagram Expands Teen Account Protections to Facebook and Messenger

Instagram Expands Teen Account Protections to Facebook and Messenger

26 days ago

Instagram is adding protections for Teen Accounts, restricting users under 16 from going Live or disabling unwanted image filters in DMs without parental consent. Teen Accounts will also be available on Facebook and Messenger, providing similar safety features. Currently, 97% of teens aged 13-15 keep default restrictions, and 94% of US parents find these accounts helpful. Features include private accounts and content controls to enhance teen safety.

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Meta Launches AI Tools for Creator Discovery and Marketing Insights on Instagram

Meta Launches AI Tools for Creator Discovery and Marketing Insights on Instagram

1 months ago

Creators influence purchasing decisions, with 53% of consumers more likely to buy items they promote. Meta is enhancing its creator marketplace with AI tools for better creator discovery and recommendations. Businesses can find suitable creators based on brand affinity and keyword searches. New features include playable reels on creator cards and easier engagement options. The Marketing API for partnership ads is expanding to improve campaign management.

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Facebook ends targeted ads for UK woman following legal action

Facebook ends targeted ads for UK woman following legal action

1 months ago

Facebook will stop targeting ads at Tanya O'Carroll after she filed a lawsuit against Meta. O'Carroll argued that targeted advertising violates her rights under UK law, with the Information Commissioner's Office agreeing that such ads are direct marketing. She became aware of invasive ads when Facebook changed its targeting after she became pregnant. Meta disagrees with the ruling but is exploring a subscription model for UK users to opt out of ads.

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Meta AI Launches in Europe with Intelligent Chat Function for Major Apps

Meta AI Launches in Europe with Intelligent Chat Function for Major Apps

1 months ago

Meta AI is launching in 41 European countries, including EU nations and overseas territories. The chatbot will support six languages to enhance social experiences for over 700 million users. It will be available for free on Facebook, Instagram, WhatsApp, and Messenger, allowing engagement in group chats. Users can discover relevant content and access information efficiently. Future plans include expanding AI features and personalization globally.

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WhatsApp Business Users Get New API Solutions from Facebook

WhatsApp Business Users Get New API Solutions from Facebook

1 months ago

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Facebook has introduced new API solutions for WhatsApp Business App users, allowing the use of both the Business App and Cloud API with the same phone number. This enhances onboarding and conversation management. Businesses can access advanced tools and choose between the free Business App and paid API. Integration into sign-up flows takes about two weeks. The rollout is global, excluding specific countries, with plans to expand.

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Meta's Llama Model Achieves One Billion Downloads

Meta's Llama Model Achieves One Billion Downloads

1 months ago

Meta's Llama AI model has surpassed one billion downloads, emphasizing the importance of open sourcing AI for global access. Key users include Spotify, which uses Llama for personalized music recommendations, and startup Fynopsis, which helps small businesses with M&A deals. Developer Srimoyee Mukhopadhyay created an app to uncover local cultural gems in Austin. These applications illustrate the power of open source AI and invite more users to participate.

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