Thursday, October 29, 2020

Facebook Q3: ad revenue was $21.2B, up 22% YoY from $17.4B despite July's ad boycott; Facebook expects higher ad growth in Q4 from holiday season (Ted Johnson/Deadline)

Ted Johnson / Deadline:
Facebook Q3: ad revenue was $21.2B, up 22% YoY from $17.4B despite July's ad boycott; Facebook expects higher ad growth in Q4 from holiday season  —  UPDATE, 4:15 PM PT: Facebook CEO Mark Zuckerberg gave a glimpse of what changes he envisions for Section 230, the law that gives tech platforms legal immunity …



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...