Facebook on Wednesday sought to assure advertisers who it said had complained that the iPhone ads they bought from the company appeared to be less effective lately. In a blog post, Facebook VP of Product Marketing Graham Mudd said that the ads Facebook sells are actually 15% more effective at driving sales than Facebook could show them to be. That gap is due to Apple’s new restrictions on how app...
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Amazon Takes Its Time Delivering Second Round of Job Cuts
Amazon is in the lead! The e-commerce behemoth has moved ahead of Alphabet in the contest to win this year’s IBM Cup, awarded occasionally to the most bureaucratic and slow-moving big tech company around. That’s one takeaway from Amazon CEO Andy Jassy’s explanation today for cutting another 9,000 jobs, on top of the 18,000 layoffs already announced. Jassy said in November the job cuts flowed...
New Report to Australian Government Alleges ByteDance Poses Disinformation Threat
FTX Sues Liquidators of Bahamas Unit
Flagstar Acquires Most of Signature Bank, Excluding Crypto Business
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