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Meta acknowledges TikTok's rise as a threat to its dominance

Meta executives have acknowledged the growing challenge posed by TikTok, with CEO Mark Zuckerberg describing Facebook as a "challenger" that has lost momentum. Internal discussions revealed concerns over TikTok's algorithm-driven content discovery, which has reshaped user engagement and market dynamics. In response, Meta is investing $10 billion in AI to enhance its advertising capabilities and compete more effectively in the evolving social media landscape.

greg abel steps up as ceo of berkshire hathaway after buffett's legacy

At the WAVES 2025 summit in Goa, Shraddha Kapoor and Instagram Head Adam Mosseri discussed India's digital evolution, emphasizing its mobile-first approach and the rise of multilingual content. Kapoor showcased Maharashtra's culture by serving Mosseri homemade puran poli, symbolizing the blend of tradition and digital connectivity.In a significant leadership transition, Warren Buffett has named Greg Abel as his successor at Berkshire Hathaway. Abel, who has been with the company for over 20 years, will maintain the investment philosophy established by Buffett while managing a vast portfolio and a substantial cash reserve, ensuring continuity in the company's operations.

shraddha kapoor and adam mosseri discuss india's digital leadership at waves 2025

At the WAVES 2025 summit in Goa, Shraddha Kapoor and Instagram Head Adam Mosseri discussed India's pivotal role in the digital revolution, emphasizing its mobile-first approach and diverse creator ecosystem. Kapoor highlighted the significance of multilingual content and cultural inclusivity, while sharing Maharashtra's culinary heritage by offering Mosseri homemade puran poli, symbolizing the blend of tradition and digital interaction.

Instagram plans to launch dedicated iPad app amid TikTok uncertainty

Meta is reportedly developing a dedicated Instagram app for iPad, responding to the platform's competitive landscape amid TikTok's legal challenges in the U.S. Currently, iPad users only have access to a scaled-up iPhone version, which is not optimized for the larger screen. This strategic pivot aims to capture potential TikTok users, as surveys indicate a significant number would prefer Instagram Reels as an alternative, potentially boosting Meta's advertising revenue significantly.
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