Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:For 2024 Q4, total S&P 500 earnings are currently expected to be up +7.4% from the same period last year on +4.8% higher revenues. Q4 earnings growth improves to +9.5% once the Energy sector’s drag is removed from the aggregate numbers, but the growth pace drops to +4 ...

Meta Platforms Inc’s META Instagram has the potential to generate 50% of the company’s advertising revenue in the U.S., Bloomberg cites from Emarketer estimates.Instagram could breach $32 billion in U.S. advertising revenue in 2025, up over 24% in 2024, as its short-form video product Reels gain traction, Bloomberg cites Emarketer. The video-sharing app boasts over 148 million American users.Also Read: Disney’s Marvel Rivals Game Hits 20 Million Players, Proves Superhero Power Still ReignsBy early 2022, Ins ...

Instagram will soon make up half of parent company Meta’s advertising revenues in the United States.The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg News reported Wednesday (Dec. 18), citing data from Emarketer. That’s a 24% increase from this year.Meta’s emphasis on video content has been a key driver of that growth, Jasmine Enberg, principal analyst at Emarketer, said in a blog post.“Instagram is now a video-first platform, with users spending close to two-th ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Data Protection Commission (DPC) criticised Meta for a security flaw in its video upload function which hackers were able to exploit. An Irish regulator helping police European Union data privacy on Tuesday said it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw users' ac ...

核心观点 - Meta公司因其在Cambridge Analytica丑闻中的角色，与澳大利亚信息专员达成和解，将设立5000万澳元的支付计划，用于补偿受影响的澳大利亚Facebook用户 [2][3][7] 事件背景 - Cambridge Analytica是一家成立于2013年的英国政治咨询公司，因在2016年美国大选中使用Facebook用户数据进行政治广告投放而声名狼藉 [4] - 该公司通过Meta公司允许的第三方应用“This is Your Digital Life”收集了数千万Facebook用户的敏感数据 [5] 受影响用户 - 在澳大利亚，仅有53人安装了该应用，但估计有311,074名Facebook用户因与安装应用的用户是“好友”而可能受到数据泄露的影响 [6] 支付计划细节 - 支付计划将由Meta公司设立，但由独立第三方管理 [7] - 符合条件的用户包括：2013年11月2日至2015年12月17日期间在澳大利亚至少停留30天，并在此期间拥有Facebook账户的用户，无论是直接安装了该应用还是与安装应用的用户是好友 [8] - 用户可以在Facebook网站的帮助页面上查看是否符合资格，预计在2025年第二季度可以提交申请 [9] 支付计划的不确定性 - 支付计划的多个方面尚未确定，包括支付给每位符合条件用户的具体金额，以及如何证明用户遭受了“特定”损失或损害以获得额外补偿 [10][11] - 如果支付总额低于5000万澳元，剩余资金将支付给澳大利亚政府的综合收入基金 [11] 和解的意义 - 澳大利亚信息专员称此次和解为“开创性的”，但指出此类执法行动已经拖延了很长时间 [12] - 此次和解金额仅占Meta公司2023年全球收入的0.02%，可能对Meta的威慑作用有限 [14] 其他相关信息 - Meta公司表示此次和解基于“无承认”基础，并指出相关指控涉及的实践已不再适用于其当前的产品或系统 [15] - 这并非Meta公司唯一的隐私泄露事件，澳大利亚竞争与消费者委员会去年就其Onavo VPN服务误导用户数据使用问题达成了2000万澳元的和解 [15]

Back in 2018, 29 million Facebook users around the world were affected by a security breach that exposed their personal data. Six years later, the Irish Data Protection Commission, which regulates Facebook's parent company Meta in the European Union, has finally issued the company with a fine for the breach.The DPC announced on Tuesday it was fining Meta 251 million euros ($263.5 million) for failing to prevent cyberattackers from exploiting a vulnerability in Facebook's code. The exploit allowed them to us ...

Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018. The penalty, issued on Tuesday by Ireland’s Data Protection Commission (DPC) — enforcing the bloc’s General Data Protection Regulation (GDPR) — is far from being the largest GDPR fine Meta has been hit with since the regime came into force over five years ago but is notable for being a substantial sanction for a single ...

In Brief Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday.The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by a developer on its platform. The OAIC sued Facebook in March 2020 — pursuing damages for the 300,000+ local users believed to have ...

Investors might want to bet on Meta Platforms (META) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ch ...

Meta (NASDAQ: META ) has seen a massive bull rally this year that has led to more cautionary voices for the stock. However, Meta could see a massive growth opportunity if the TikTok ban continues at the current timeline. Recently, the U.S. CourtI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has ...