UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up

UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up



A ramp up in user engagement data could drive shares higher for the social media platform, analysts say.



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Amazon lays off about 100 employees in devices and services unit
Technology

Amazon lays off about 100 employees in devices and services unit

An Amazon device is displayed at an Amazon Devices launch event in New York City, U.S., Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed on Wednesday. The devices and services unit includes a wide range of businesses, such as the […]

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YouTube announces Gemini AI feature to target ads when viewers are most engaged
Technology

YouTube announces Gemini AI feature to target ads when viewers are most engaged

People walk by a YouTube logo as Google celebrates the 20th anniversary of the first video uploaded to YouTube, at the company’s corporate headquarters in San Bruno, California, on April 23, 2025. Josh Edelson | AFP | Getty Images YouTube on Wednesday announced a new tool that will allow advertisers to use Google’s Gemini AI […]

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Cisco says CFO Scott Herren is leaving, company reports earnings beat
Technology

Cisco says CFO Scott Herren is leaving, company reports earnings beat

Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023. Ethan Miller | Getty Images Entertainment | Getty Images Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s prediction. Here’s how the […]

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