Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
This Week in AI: When 'Open Source' Isn't so Open
Tech Layoffs Still in Spotlight After Apple and Take-Two Cuts. But How Does 2024 Compare to 2023?
By James Rogers Videogame maker Take-Two has announced plans to lay off about 5% of its workforce. The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name comp
Gold-bug Peter Schiff Admits He'd 'be a Lot Richer' If He'd Just Invested in the 'Magnificent 7' a Decade Ago
Reddit Is Bucking This Big Tech Trend. Analysts View It as a Positive.
By James Rogers 'We don't really have capex to speak of,' Reddit CFO Drew Vollero told MarketWatch on the day of the company's initial public offering last month One aspect of Reddit Inc.'s closely
US tech stocks have collapsed, and next week's earnings report will be critical
At a time when the “Seven Sisters” of US stocks are being sold off, Wall Street is preparing for next week's wave of earnings reports from tech giants. The “Seven Sisters” — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla — are expected to see profits soar 38% in the first quarter, according to data from a media think tank. If these seven companies are excluded, the profits of the remaining companies in the S&P 500 index are expected to fall by 3.9%. Quincy Krosby, chief global strategist at LPL Financial, said: Investors are looking forward not only to strong performance, but also to strong guidance. If financial reports are announced
Preview -- Barron's
Tuesday 4/23 Four of the so-called Magnificent Seven release earnings. Tesla, which recently announced layoffs of at least 10% of its workforce, reports results on Tuesday. Shares are down 41% this y
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