Let the government subsidy sweepstakes begin! U.S. lawmakers, after realizing that decades of outsourcing and offshoring microchip manufacturing overseas was a bad long term strategy, approved $52 billion in new grants and $24 billion worth of tax breaks for companies to build chip facilities and develop more advanced chip technologies on U.S. soil. The money will be doled by separately the...
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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