Meta & Amazon Report Surging Profits; Threads Users Rise to 130 Million; YouTube Remains Online Video Leader
Briefly

Meta shared a solid performance report for Q4 2023, posting a 25% year-on-year revenue increase, as well as a 201% rise in net income year-on-year for the quarter. Amazon similarly reported surging revenue.
Instagram continues to dominate much of the social media landscape, and despite Facebook's wavering popularity, the platform's daily active users also continue to increase. Meta's platform's are thriving, but none have managed to overtake YouTube, which remains the online video leader.
Read at Exchangewire
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