Andrew Witty made his comments during an earnings call reporting $14 billion in 2024 net income.
There’s some apprehension about audience-building and monetization options on Meta.
The banking industry is less than thrilled, and plans to make up the difference with new fees.
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
Cost constraints and uncertainty around employee benefit needs are still hurdles.
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The entertainment giant hopes the sing-songy content creator’s 13 million young fans will follow her to the streaming service ...