US Business

Parent company Meta Platforms served up the starkest sign yet of how Apple’s new ad-privacy policy is roiling the digital-advertising world.

The developer of the Snapchat app signaled it is adjusting to disruptions in the digital-advertising market caused by Apple’s privacy changes, and its shares rallied after hours.

The $75 billion bid to buy Activision Blizzard is the culmination of years of building by Phil Spencer, the company’s gaming chief.

Companies have tapped many of their best wells. The limited inventory leaves the industry with little choice but to hold back growth, even amid the highest oil prices in years.

The network head disclosed the relationship with executive Allison Gollust during a probe of former CNN host Chris Cuomo, a person familiar with the matter said.

Steep spending cut into parent Meta Platforms’ profit as it shifts focus to the metaverse. Shares fell 20% after hours as it said revenue growth would slow, partly because users were spending less time on lucrative services.

CEO Daniel Ek says the past few weeks “have presented a number of learning opportunities” from the protest against the company’s star podcaster.

Billionaire Melinda French Gates is still promising to give away most of her wealth—just not necessarily all to the Gates Foundation she started with her ex-husband.

With many consumers tapped out on buying physical objects, economists hope warmer weather and waning infections will kick-start purchases on services like dining and travel.

Staffing levels and pandemic restrictions remain challenges, the coffee chain says. Price increases helped the company’s margins.