Facebook’s revenue surged 48% in the first quarter to $26 billion, thanks primarily to an increase in the prices it charges advertisers, the latest sign that the social network has benefited from a pandemic-accelerated shift in ad spending to digital platforms. The results also showed that Facebook is becoming much more efficient as it grows. Its operating margin, or operating profit as a...
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Creator Economy google
YouTube Ushers in Fresh Wave of Creator AI Tools
Startups this year have been busy launching artificial intelligence tools, from chatbots to editing features, aimed at lightening creators’ workloads. Now YouTube is the first of the major social platforms to go hard on its own AI offerings for creators. At its Made on YouTube event in New York on Thursday, the Google-owned company made several announcements including Dream Screen, a new...
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