Riley Griffin

1 week ago | bloomberg.com | Riley Griffin

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Riley Griffin writes about what she and colleague Kurt Wagner found in an in-depth examination of Mark Zuckerberg’s turn to the political right. PDD dips: Temu operator PDD Holdings plunged in US trading after reporting results that missed estimates, demonstrating how the China-US trade war is damaging the business.

1 week ago | bloomberg.com | Riley Griffin |Kurt Wagner

In early February, Mark Zuckerberg boarded his Gulfstream G650 for a trip to Washington, DC—a cross-country route he was flying with newfound frequency. After years on the outs, the chief executive officer of Meta Platforms Inc. had regained something valuable he’d lost: direct access to the president. Since November, Zuckerberg had already had a string of postelection get-togethers with Donald Trump.

3 weeks ago | bloomberg.com | Riley Griffin

Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Riley Griffin reports from the Meta antitrust trial about the company’s views of its rivals and the future of social networks. Tencent earnings: Chinese gaming company Tencent said revenue in the March quarter grew 13%, the fastest pace since 2021.

1 month ago | bloomberg.com | Riley Griffin |Kurt Wagner

Los sistemas de software automatizados de Instagram recomendaban a los acosadores infantiles o groomers conectar con menores en la aplicación, lo que les facilitaba encontrar víctimas, según un documento interno de 2019 presentado ante los tribunales por la Comisión Federal de Comercio (FTC). El informe interno de Meta Platforms Inc.

1 month ago | bloomberg.com | Riley Griffin

Reddit Inc. signage during the company's IPO on the floor of the New York Stock Exchange. (Bloomberg) -- Reddit Inc. shares jumped after it said revenue in the current quarter will be better than estimates, a sign that a broader dip in the economy hasn’t yet dented the digital advertising industry.  The web forum company said second-quarter sales will be between $410 million and $430 million. That’s better than the average analyst estimate of $392.9 million, according to data compiled by Bloomberg.