Friday, March 20, 2020

Court documents allege some Facebook execs knew for years its potential reach ad metric was "inflated and misleading"; Facebook says the claims have no merit (Hannah Murphy/Financial Times)

Hannah Murphy / Financial Times:
Court documents allege some Facebook execs knew for years its potential reach ad metric was “inflated and misleading”; Facebook says the claims have no merit  —  New court documents claim company was aware key ad metric was exaggerating marketing reach



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Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs (South China Morning Post)

South China Morning Post : Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan...