Connect with us

Tech

Facebook’s internal memo warns that companies will be disciplined and need to be prioritized

Facebook’s internal memo warns that companies will be disciplined and need to be prioritized

 


Chris Cox, Meta’s Chief Product Officer, spoke about WEF in Davos, Switzerland, on May 25, 2022.

Adam Galica | CNBC

Facebook’s parent company, Meta, warns employees to expect tough in the second half of this year as it continues to overcome challenges related to its core online advertising business amid the economic downturn.

Chris Cox, Meta Chief Product Officer, detailed the company’s financial dilemma in an internal memo detailing the key areas where social media giants are planning to invest, a spokesman confirmed to CNBC. did. This memo was previously reported by Reuters.

Cox reiterated a statement made by Meta CEO and co-founder Mark Zuckerberg over the phone with analysts as part of the company’s first-quarter earnings report. It details the negative impact on the company’s business caused by Apple’s privacy update to the iPhone last year.

Meta executives added that the company “is in a serious time here and the headwinds are fierce,” and emphasized that the challenge is unlikely to disappear soon.

“We need to run perfectly in a slow-growing environment. Teams shouldn’t expect a large influx of new engineers or budgets,” Cox writes. “We think about prioritizing more ruthlessly, measuring and understanding what impacts, investing in the efficiency and speed of in-house developers, slimmer, mean, and more exciting. You need to run a good team. “

To offset the impact of Apple’s update, which limited Facebook’s ability to target ads to specific audiences, Cox is working hard to make money from TikTok’s rival Instagram Reels, and TikTok’s He said he is investing in AI to promote content recommendations. As the company said before.

Meta also plans to invest in features that make it easier for retailers to show ads to customers in their app family and enable employees to communicate with the company through messaging.

A spokesperson for Meta disregards the importance of internal notes to CNBC and states: We will put more energy into dealing with it. “

In after-hours trading on Thursday, meta stocks were relatively flat at $ 161.10.

Sources

1/ https://Google.com/

2/ https://www.cnbc.com/2022/06/30/internal-facebook-memo-warns-company-must-be-disciplined-prioritize.html

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]