Jack Ma’s Ant Group is unlikely to go public before 2022 as the massive online financial services and digital payments company scrambles to comply with new Chinese regulations. Ant’s massive dual listing in the Hong Kong and Shanghai stock markets was on track for a record-breaking $35 billion IPO when it was suddenly suspended by Chinese regulators citing new rules governing online lenders....
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators