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Tencent Music Posts 7.3% Q1 2026 Revenue Jump, Points to Triple-Digit Live Growth and Continued Superfan Expansion
A live performance from Jay Chou, whose Children of the Sun is said to have generated about $14.7 million on Tencent Music during Q1 2026. Photo Credit: GEM_Ady Amid a continued SVIP expansion and a triple-digit revenue boost on the concerts side, Tencent Music Entertainment (TME) has reported nearly $1.2 billion in Q1 2026 revenue.
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Meta’s Next Round Of Layoffs Mirrors That Of 2022
DANIEL CONSTANTE/Shutterstock Meta is eyeing a fresh round of corporate restructuring that will mark even deeper layoffs. Unfortunately, the next rounds of firing are said to be of the same magnitude as the previous cycle last year, which saw nearly 11,000 employees getting the pink slip. According to The Wall Street Journal, multiple rounds of
With Snapchat and Meta’s new tools, generative AI enters the social media space
February 28, 2023 • 4 min read • By Marty Swant With Snapchat and Meta both recently debuting new artificial intelligence capabilities, social media’s race to incorporate generative AI is gaining traction. Snap yesterday released a new chatbot for Snapchat called “My AI,” which is powered by OpenAI’s ChatGPT and helps generate text-based messages to answer trivia
Meta’s Push to Solve the Noisy Office
By Chip Cutter and Meghan Bobrowsky| Photographs by Carolyn Fong for The Wall Street Journal Feb. 16, 2023 9:58 am ETMenlo Park, Calif.Coming to the campuses of Facebook parent Meta Platforms Inc. is a contraption that can block sound, shield workers from their peers and allow for heads-down, uninterrupted work.What's NewsKamala Harris Says Russia Has
Meta’s Reality Labs lost $13.7 billion on VR and AR last year
Mentions of the “metaverse” were relatively few and far between in Meta’s quarterly earnings call this week — we counted a mere seven mentions compared to 23 for “AI” — but the company’s investment into its vision of a VR-connected social future remains colossal. Starting in 2021, Meta began breaking out its Reality Labs VR
Meta’s Reality Labs lost $14 billion last year
TechSpot is about to celebrate its 25th anniversary. TechSpot means tech analysis and advice you can trust. The big picture: Mark Zuckerberg's Metaverse ambitions continue to look like a money pit, costing Meta tens of billions of dollars over the last two years. The company's 2022 year-end financial statements compound prior heavy losses from Reality Labs, but
Meta’s first Quest VR headset will no longer get any feature updates
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Meta’s new ad system addresses allegations that it enabled housing discrimination
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Meta’s been blasted by the EU privacy watchdog for breaching GDPR — now what?
It turns out that Meta has been illegally forcing users to accept personalized ads across Facebook and Instagram for years — at least that’s the case in Europe. Earlier this week, Ireland’s Data Protection Commission (DPC) ruled that the social media giant has been engaging in this practice, even after it changed its terms of
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Tencent Music Posts 7.3% Q1 2026 Revenue Jump, Points to Triple-Digit Live Growth and Continued Superfan Expansion
A live performance from Jay Chou, whose Children of the Sun is said to have generated about $14.7 million on Tencent Music during Q1 2026. Photo Credit: GEM_Ady Amid a continued SVIP expansion and a triple-digit revenue boost on the concerts side, Tencent Music Entertainment (TME) has reported nearly $1.2 billion in Q1 2026 revenue.
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