Latest Online advertising and marketing industry News

Facebook parent Meta posts first revenue decline in history

Jul. 27, 2022 18:51 PM EDT

Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters — and as competition from rival TikTok intensifies. The results largely followed a broader decline in the digital...

Google's parent reports slowest quarterly growth in 2 years

Jul. 26, 2022 18:30 PM EDT

SAN FRANCISCO (AP) — Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession. The regression reported Tuesday by Google’s corporate parent, Alphabet,...

Baidu unveils latest autonomous electric vehicle: Apollo RT6

Jul. 20, 2022 23:52 PM EDT

HONG KONG (AP) — Baidu, a Chinese search engine and artificial intelligence firm, unveiled its latest electric autonomous driving vehicle on Thursday. The Apollo RT6 will be soon be part of Baidu's robotaxi fleet, as China pushes forward with its autonomous driving ambitions. It...

Broadband expansion has companies looking to recruit

Jun. 12, 2022 09:57 AM EDT

LAFAYETTE, La. (AP) — Bridging the digital divide has become a priority for Louisiana since the COVID-19 pandemic put a spotlight on the crucial role high-speed internet plays in the state's education and economic systems. Using federal funds, the state launched a $180 million...

Sheryl Sandberg, long Facebook's No. 2 exec, steps down

Jun. 01, 2022 19:07 PM EDT

SAN FRANCISCO (AP) — Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from startup to digital advertising empire while also taking blame for some of its biggest missteps, is stepping down. Sandberg has served as chief operating officer at...