, which has previously announced trial design changes such as more autoplaying, full-screen videos in an effort to ape TikTok. On June 30 Instagram head Adam Mosseri announced a creator marketplace that will let influencers find brands to sponsor their posts, and he extended the period in which Meta does not take any fees from creators.
“I have to underscore that we are in serious times here and the headwinds are fierce. We need to execute flawlessly in an environment of slower growth, where teams should not expect vast influxes of new engineers and budgets,” Cox wrote. Tech companies have scaled back their ambitions in anticipation of a possible US recession, although the slide in stock price at Meta has been more severe than at competitors Apple and Google. The world’s biggest social media company has lost about half its market value this year, after Meta reported daily active users on its flagship Facebook app had experienced a quarterly decline for the first time.
Source: News Formal (newsformal.com)
nickbonyhady What does Zuk know. Just a tech head and a dishonest one at that.
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