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Tech's Year of Efficiency Already Priced In
Relief at layoffs and hopes for a second-half recovery may be overheating tech stocks. Source link
Hype Around Weight-Loss Drugs Shows No Signs of Abating. Neither Do the Ads.
Ads for the likes of Ozempic and Wegovy are spreading through social media feeds, subway stations and TV. Source link
Klaviyo Hires Bankers, Plans for Late 2023 IPO
WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link
Google CFO Signals More Spending Cuts to Meet Savings Targets
Finance chief Ruth Porat said the company would eliminate some snack bars and select outside vendors based on cost in an effort to meet savings
Wild Quarter for Markets Might Foretell Further Turbulence
Markets Stocks prove to be more buoyant than many investors thought possible Source link
Meta to Let Users Opt Out of Some Targeted Ads, but Only in Europe
WSJ News Exclusive Business Facebook, Instagram parent hopes plans to alter a privacy approach that would limit the impact from EU orders Source link
Electronic Arts Says It Is Laying Off 6% of Workforce
The company is also reducing its office-space footprint to focus its spending on the best growth opportunities in the videogame industry. Source link
One Way to Actually Make Money on YouTube and TikTok: Get Behind the Camera
First came the social-media influencer. Now some aspiring influencers are finding it more profitable to assist others in the industry. Many young Americans dream of
The Metaverse Is Quickly Turning Into the Meh-taverse
Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence. Source link
Facebook Parent Plans Lower Bonus Payouts for Some Staff
Meta Platforms plans to adjust its performance review process, saying it is ‘optimizing’ for the year ahead. Source link