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Meta to begin rolling out Threads ads globally

Nurphoto | Nurphoto | Getty Images Facebook and Instagram parent company Meta on Wednesday said it will begin to show advertising on its Threads microblogging service to all users globally starting next week. “With ads on Threads, businesses can authentically join this conversation while finding new ways to connect with the people most interested in…

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Meta names former Trump advisor Dina Powell McCormick as president, vice chair

Dina Powell McCormick, vice chair of BDT and MSD Partners, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 15, 2024. Christopher Pike | Bloomberg | Getty Images Meta on Monday announced it has appointed Dina Powell McCormick as its president and vice chairman. Powell McCormick joined Meta’s board in April but resigned in December, according to a filing…

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Andreessen Horowitz raises $15 billion, big in infrastructure, defense

Venture capitalist Marc Andreessen speaks at the TechCrunch Disrupt conference in San Francisco, Sept. 13, 2016. San Francisco Chronicle/hearst Newspapers Via Getty Images | Hearst Newspapers | Getty Images Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,”…

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Meta faces China probe over acquisition of AI agent startup Manus

Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images China said Thursday it will investigate Meta‘s $2 billion acquisition of artificial intelligence startup Manus to assess its compliance with export control laws. Meta acquired Singapore-based Manus last month…

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