Social Mind: Social and AI Insights

Welcome to Thursday's update 🙌

Good morning!

I'm just heading out to provide training in Cardiff city centre for a Gloucestershire entrepreneur.

A reminder that I'm having a day off tomorrow - going to Bath for the day - so there'll be no update tomorrow.

Have a productive day and a relaxing weekend!

Back Monday.

Jonathan
07966 452380

Number of the day

Overall profits at Meta down

The overall profit for Meta, fell 36 percent to $6.7 billion in the second quarter.

Source: Meta

Social news

Facebook reports drop in revenue for the first time

The social network reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 percent drop to $28.8 billion, and predicted that growth in the third quarter could fall even more. The overall profit for its parent company, Meta, fell 36 percent to $6.7 billion. The Reality Labs division responsible for building Mark Zuckerberg’s metaverse dreams lost $2.8 billion in the quarter.

Comment: Is the money making Facebook Ads machine breaking down?

Twitter hacker touting the data of over 5.4 million users, including celebrities and companies, for $30,000

Over 5.4 million Twitter users have reportedly been targeted in a major breach of personal data following revelations earlier this year that the site had a serious security flaw.

New features

Same camera for photos and Reels on Insta?

Instagram is working on the ability to capture photos and Reels from the same camera.

New tweet label?

I spotted this new 'Hot take' label this morning. New?

Videos

Sounds like quite a night!

Thank goodness people don't behave in this way. Oh hang on...