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Bloomberg· 2026-02-18 16:46
Mark Zuckerberg is set to take the stand at a landmark trial over social media addiction and face a barrage of questions about how Meta balances protecting young users on its platforms and boosting revenue https://t.co/nebEwUd0eN ...
SOON: Zuckerberg to take stand in landmark social media addiction trial
MSNBC· 2026-02-18 16:39
outside the courthouse in Los Angeles. Also with us, Mike Isaac and Cecilia Kang who both cover technology for The New York Times. Cecilia is also the co-author of An Ugly Truth Inside Facebook's Battle for Domination.Highly, highly relevant here. But Jillian we'll go first to you. This is of course a landmark trial for social media.What are parents and advocates telling you about the ways they feel kids have been harmed by these platforms. Yeah, Ali. What we've been hearing from attorneys and parents alike ...
Snap's direct revenue hits $1 billion annualized run rate as subscribers top 25 million
Yahoo Finance· 2026-02-18 16:02
Group 1 - The core point of the article is that Snap has achieved an annualized revenue run rate of $1 billion in its direct-revenue business, primarily driven by the growth of its Snapchat+ subscription service [1] - The total subscriber count for Snap's direct-revenue portfolio has surpassed 25 million, indicating strong user engagement [1] - Snap is focusing on subscriber growth to enhance revenue, especially as major clients reduce advertising on smaller platforms [2] Group 2 - CEO Evan Spiegel described Snap's current situation as a "crucible moment," emphasizing the need for direct revenue to become a significant growth driver [2] - The company plans to launch a subscription feature for creators to earn recurring income from loyal fans, starting with a test on February 23 [2] - Snapchat+ offers features like customization options and AI-powered avatars to improve user engagement and retention [3] Group 3 - The number of active advertisers on Snap's platform increased by 28% in the fourth quarter, showcasing a positive trend in advertising despite challenges [3] - Daily active users of Snapchat rose by 5% to 474 million, although there was a decline of 3 million users from the previous quarter [3] - Snap has launched Specs, an independent subsidiary for augmented reality smart glasses, aiming to compete with Meta in the wearables market [4]
Meta Begins $65 Million Election Push to Advance A.I. Agenda
Nytimes· 2026-02-18 16:01
Group 1 - Meta is making a significant investment in the upcoming elections to counter state legislation that may hinder artificial intelligence development [1] - The spending initiative will commence this week in Texas and Illinois [1]
Snapchat+ tops 25M subscribers, driving company’s direct revenue ARR to $1B
Yahoo Finance· 2026-02-18 16:00
Core Insights - Snap's direct revenue business has achieved a $1 billion annualized revenue run rate, primarily driven by the Snapchat+ offering, which has surpassed 25 million subscribers [2] Group 1: Snapchat+ Subscription Service - Launched in 2022, Snapchat+ offers exclusive features for $3.99 per month, and has seen significant growth, leading to the introduction of additional paid tiers [3] - Snapchat+ is recognized as one of the fastest-growing consumer subscription services globally, contributing to a strong revenue stream alongside the advertising business [4] - The company has introduced new tiers such as Lens+ at $8.99 per month and Platinum at $15.99 per month, which provide additional features and storage options [5] Group 2: Future Developments - Snap is launching creator subscriptions in alpha, allowing users to subscribe to individual creators for exclusive content and experiences [6] - The company plans to continue expanding Snapchat+ with a focus on customization and community-driven features, indicating a growing market for social media subscriptions [7]
Snapchat+ tops 25M subscribers, driving company's direct revenue ARR to $1B
TechCrunch· 2026-02-18 16:00
Core Insights - Snap's direct revenue business has achieved a $1 billion annualized revenue run rate, primarily driven by the Snapchat+ subscription service, which has surpassed 25 million subscribers [1] Group 1: Snapchat+ Subscription Service - Launched in 2022, Snapchat+ offers exclusive features for $3.99 per month and has seen significant growth, becoming one of the fastest-growing consumer subscription services globally [2][3] - Additional paid tiers have been introduced, including Lens+ at $8.99 per month, which provides exclusive Lenses and AR experiences [3] - A new ad-free subscription tier called Platinum was launched for $15.99 per month, alongside a paid storage plan for Memories at $1.99 per month, with varying storage capacities for different subscription levels [4] Group 2: Future Developments - The company is launching creator subscriptions in alpha, allowing users to subscribe to individual creators who can set their own prices for exclusive content [5] - Snap plans to continue expanding Snapchat+ with a focus on customization and community-driven features, indicating a strong market for social media subscriptions [6] - Competitors like Meta are also exploring subscription models for their platforms, suggesting a growing trend in the industry [6]
美股异动丨Pinterest涨超6%,因收购交易上调第一季度营收指引
Ge Long Hui· 2026-02-18 15:19
Core Viewpoint - Pinterest has raised its first-quarter revenue guidance following the acquisition of the connected TV (CTV) advertising platform tvScientific, indicating a positive outlook for the company's financial performance [1] Group 1: Revenue Guidance - The company now expects first-quarter revenue to be between $958 million and $978 million, an increase from the previous estimate of $951 million to $971 million [1] - This adjustment reflects the anticipated benefits from the integration of CTV into its Performance+ AI optimization tools [1] Group 2: Strategic Acquisition - The acquisition of tvScientific allows Pinterest to integrate CTV into its advertising capabilities, enhancing automated media buying and machine learning optimization for ad campaigns [1] - The integration aims to provide more certainty across screens in advertising efforts [1]
LinkedIn Launches New Campaign for Premium
Yahoo Finance· 2026-02-18 15:10
This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. LinkedIn is looking to make a bigger push on its Premium subscription packages this year, as it continues to build on its revenue options, and complement its ad business. Its latest promotion for Premium highlights the benefits of the add-on package in helping people find jobs, by highlighting some of the reasons why people might want to move on from the ...
Meta首席执行官扎克伯格将在洛杉矶社交媒体安全庭审中出庭作证
Xin Lang Cai Jing· 2026-02-18 14:23
Meta否认相关指控,公司发言人称:"洛杉矶陪审团需要裁定的问题是,Instagram是否是导致原告出现 心理健康问题的重要因素。" 上周,Instagram负责人亚当·莫塞里出庭作证时表示,尽管他认为社交媒体存在不当使用的可能,但并 不认为这等同于临床意义上的成瘾。 Meta首席执行官马克·扎克伯格定于周三在洛杉矶高等法院出庭作证,这场具有里程碑意义的庭审围绕 社交媒体安全问题展开。 这场庭审于1月下旬启动,核心原告为一名年轻女性,她声称自己对Instagram、YouTube等社交媒体及 视频流媒体应用成瘾。 原告律师指控Meta、YouTube、Snap等公司在产品安全性上误导公众,且明知其应用设计与部分功能会 对青少年用户造成心理健康伤害。 Snap已在庭审开始前与本案原告达成和解。 这场庭审于1月下旬启动,核心原告为一名年轻女性,她声称自己对Instagram、YouTube等社交媒体及 视频流媒体应用成瘾。 原告律师指控Meta、YouTube、Snap等公司在产品安全性上误导公众,且明知其应用设计与部分功能会 对青少年用户造成心理健康伤害。 Snap已在庭审开始前与本案原告达成和解。 "这是个人 ...
Keek Social Inc. Announces Strategic Shift to Social Commerce and Live Streaming Monetization
TMX Newsfile· 2026-02-18 14:10
Toronto, Ontario--(Newsfile Corp. - February 18, 2026) - Keek Social Inc. (TSXV: KEEK) ("Keek" or the "Company") today announced a strategic shift in its business focus from traditional social networking to social commerce, positioning the Company to capitalize on rapidly growing global monetization trends in live streaming and creator-driven commerce.Strategic RationaleThe Company intends to roll out a suite of live streaming monetization technologies designed to enable creators and users to generate and ...