A group of Facebook employees invested millions with a co-worker. Then, they lost everything.
bloomberg.com/news/articles/…

personal news: I'm starting a new role with the municipal finance team Bloomberg. I'll cover high-yield muni debt, state and local finances, infrastructure projects and more in the New England region - namely Boston. very excited to start so pls say hi: [email protected]

Had a fun chat with Jennifer Risi all about things social! From X selling million dollar ad packages for the Super Bowl to how TikTok became the place to talk politics.

Can the Lapse app's slow-photo movement beat Instagram? bloomberg.com/news/articles/… via aisha counts Kurt Wagner

New: X has been pitching million dollar advertising packages related to the NFL playoffs and Super Bowl. It sold its largest ad package, usually worth several million dollars, to BetMGM

bloomberg.com/news/articles/… w/aisha counts

X will get a weekly WWE show as part of its pivot to video bloomberg.com/news/articles/… via aisha counts

Revelatory BW feature from aisha counts about how AI has now replaced 'the metaverse' as Mark Zuckerberg's number one priority for Meta.

Includes this hilarious lede where Zuck had no idea what AI breakthrough Sundar Pichai was complimenting him for bloomberg.com/news/features/…

NEW: aisha counts and I have a big feature in this week’s Businessweek on Zuckerberg’s dive into AI, and how much he wants to be seen as an innovator

New: X ad sales for this year are estimated to be around $2.5B, lower than initially projected. Ad sales used to make up ~90% of Twitter's business, but are now around 70-75% of X's business.

bloomberg.com/news/articles/…

Tech sales used to be an easy way to get rich, now it 'kinda sucks.' Think less $800 dinners, more performance-based firings. I dug into ground-zero of these changes at Salesforce with Drake Bennett.

We got an internal memo Linda Yaccarino sent to staff today. She's doubling down and telling staff to watch Musk's DealBook interview. “Our principles do not have a price tag, nor will they be compromised — ever.'
by Ed Ludlow bloomberg.com/news/articles/…

The latest saga of wild interviews from X. Elon started off by telling advertisers to go 'f--' themselves
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NEW: We analyzed hundreds of posts with misinformation about the Israel-Gaza conflict carrying Community Notes.

We found that X has transformed from a flawed but policy-driven system to a free-for-all where falsehoods are prominently served up to users

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An alliance brews between Amazon and Meta: You'll be able to shop Amazon products via ads on Instagram and Facebook without leaving the social media apps. Via Spencer 'tweets 4 free' Soper aisha counts bloomberg.com/news/articles/…

The new Businessweek podcast, Elon Inc., is out and a lot of fun. Starring Sarah Frier, Max Chafkin, Dana “Legacy Blue Checkmark” Hull 👩🏻‍💻 and David Papadopoulos, dissecting the very latest insanity from the Elon-verse. podcasts.apple.com/us/podcast/elo…