Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations

April 26, 2023

Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday, with Meta CFO Susan Li joining CEO and founder Mark Zuckerberg to field questions from analysts about its results. Zuckerberg shared that time spent on Instagram has grown more than 24% since the company launched Reels on […]

Meta says time spent on Instagram grew 24% thanks to TikTok-style AI Reel recommendations by Darrell Etherington originally published on TechCrunch

Meta beats revenue expectations, remains committed to metaverse

April 26, 2023

Things are looking up for Meta. The company beat revenue expectations, reporting an increase in year-over-year revenue for the first time in three quarters. But this ray of light for the company formerly known as Facebook comes amid harsh restructuring, resulting in over ten thousand jobs eliminated this year. Tech moves through buzzwords like clockwork. […]

Meta beats revenue expectations, remains committed to metaverse by Amanda Silberling originally published on TechCrunch

Theranos founder Elizabeth Holmes isn’t headed to jail tomorrow after all

April 26, 2023

Theranos founder Elizabeth Holmes will not be heading off to prison tomorrow to begin serving an 11-year prison sentence, as reported earlier by the WSJ. Though earlier this month, U.S. District Court Judge Edward Davila denied her request to remain free while she appeals her conviction, this week she asked the Ninth U.S. Circuit Court […]

Theranos founder Elizabeth Holmes isn’t headed to jail tomorrow after all by Connie Loizos originally published on TechCrunch

Roku gains 1.6 million active streaming accounts in Q1, warns of continued ad uncertainty

April 26, 2023

Roku delivered its first quarter results on Wednesday with better-than-expected revenue and the addition of 1.6 million active streaming accounts in the period. Although the company’s results came in above analyst estimates, Roku told investors that it sees its advertising business remaining challenged. The company’s revenue for the quarter reached $741 million, up just 1% […]

Roku gains 1.6 million active streaming accounts in Q1, warns of continued ad uncertainty by Aisha Malik originally published on TechCrunch

Grubhub, Joco team up to give NYC delivery workers access to e-bikes

April 26, 2023

Grubhub is launching a pilot program with Joco, a docked e-bike rental platform based in New York City, to provide at least 500 gig delivery workers with free access to e-bikes. Ensuring that delivery workers have access to high-quality e-bikes has been a major discussion point in NYC after a spate of battery fires. Grubhub’s […]

Grubhub, Joco team up to give NYC delivery workers access to e-bikes by Rebecca Bellan originally published on TechCrunch

YouTube Music contractors win historic union vote

April 26, 2023

YouTube Music contractors have officially unionized with the Alphabet Workers Union-CWA after winning an historic vote through the National Labor Relations Board (NLRB). Forty-one workers voted yes out of a total of 49 eligible voters; the remaining eight workers did not vote. This election has meaningful implications for Google beyond YouTube Music. The union earned […]

YouTube Music contractors win historic union vote by Amanda Silberling originally published on TechCrunch