Meta is clinging to its 7% gain, as the only Big Tech stock that’s up this year
Last week, the Nasdaq Composite Index finally crossed into correction territory , having dropped more than 10% from its previous peak, as the AI trade reversal , tariff turmoil, and growing concerns a...
The end of the everything app: The thinking behind Meta’s move to tear Instagram in half and spin out Meta AI
Some of features want to move out of Mom’s basement. Yesterday we learned that the social media behemoth may spin off Reels, its short-form video product and TikTok competitor, from the Instagram mot...
YouTube wants to look a little more like Netflix... Netflix feels the same
YouTube has made billions from ads. Now, it keeps exploring ways for users to pay to see fewer of them. According to Bloomberg, the streaming giant is planning to roll out a cheaper, ad-free subscript...
The Disney, Hulu, Max bundle is more attractive to consumers than a Netflix subscription
It turns out that people like a lot of stuff for cheap. The churn rate for and ’s streaming bundle, which includes Disney+, Hulu, and Max for $16.99 a month with ads or $29.99 without, is lower than...
Bumble drops after earnings and guidance miss Wall Street’s expectations
Bumble shares fell aftermarket on Tuesday as the company reported earnings that missed Wall Street estimates and gave first-quarter guidance that paints an even gloomier picture. The company reported ...
Roku’s “outstanding” quarter, aided by strong political ad spending, sends shares soaring
Roku’s stock surged 14% in after-hours trading Thursday, after the streaming giant posted a smaller-than-expected Q4 loss of $0.24 per share, beating analysts’ expected $0.41 loss. Revenue rose 22% ye...
TikTok is back and it’s at the top of the Apple App Store
Nearly a month after President Trump delayed the TikTok ban , the short-form video app is finally back on and app stores, Bloomberg reports . And it’s already the most-downloaded free app on Apple. ...
Apple is also back to advertising on X
After a 14-month pause, is advertising on X again. The company, along with a handful of other large orgs, paused ads on the social network in November 2023 after owner Elon Musk endorsed an antisemit...
Reddit’s slowing user growth tests Wall Street’s sky-high expectations
Reddit’s tenure as an IPO and social media darling received a startling downvote on Wednesday after the site reported disappointing user growth last quarter, sending shares on a 16% downward spiral in...
In a rare move, Apple is making its streaming TV service available on Android
has so many subscribers — more than 300 million — that it’s going to stop keeping track. TV+ is a different story. While Apple doesn’t disclose its TV+ user numbers, outsiders have estimated it has a...
Alphabet’s YouTube hits major inflection point, says more people watch it on TV than on phones
YouTube has leveled up to the small screen (from an even smaller screen). massive video platform said Tuesday that most of its viewership is happening on TVs, overtaking mobile in the US. According t...
LinkedIn is a weird, workaholic wasteland — and a total gold mine for Microsoft
LinkedIn may not be the first platform you think of when you think about our modern obsession with social media. But the site’s strange mix of job postings, constant spam, professional advice you didn...
Meta’s MAGA-fication paying off with a record streak of daily gains
Last summer, then nominee Donald Trump warned that CEO Mark Zuckerberg would “ spend the rest of his life in prison ” if he were to plot against his reelection. Shortly after Trump’s election victory...
Snap shares surge after the social media giant topped Q4 earnings expectations
Snap surged over 10% after the social media company topped fourth-quarter earnings expectations, though the stock proceeded to pare much of that advance. Adjusted earnings per share came in at $0.16 v...
Trump signs order to create the first US sovereign wealth fund, eyes TikTok acquisition
On Monday, President Trump signed an executive order to create the first US sovereign wealth fund. The investment initiative, which is expected to launch in the next 12 months, will be led by the US T...
Trump doubles down on crypto with launch of Truth.Fi
Today, Trump Media — the parent company of Truth Social — announced the launch of the financial services and FinTech brand Truth.Fi, which will focus on and other cryptocurrencies, as well as “custom...
Universal Music shares jump after announcing new Spotify deal
Universal Music Group (UMG), the world’s leading music company, and , the world’s most popular audio-streaming service, yesterday announced a new, multiyear agreement for recorded music and music publ...
TikTok’s latest round of potential buyers includes Oracle and Perplexity AI
After President Trump announced that saving TikTok would require the US — it’s not clear whether he meant US companies or the government itself — to have a 50% ownership stake in a new venture, a new ...
What were the best movies of 2024? Film buffs are turning to Letterboxd to make their picks
As the 2025 Oscar nominations rolled in yesterday , many probably turned to movie review sites to gauge the public’s perception of the films that made the cut — those they loved, those they hated, and...
If you want to predict TikTok’s future, look to the past
Headlines are flying about what will happen to TikTok. Zealous investors are putting together bids, and everyone involved is trying to ingratiate themselves with the new administration while also pars...