Social media revenue growth expected to slow as TikTok, Apple compete

By
Follow google news

The tide is turning for social media revenue.

Social media revenue growth expected to slow as TikTok, Apple compete
Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threaten to compound economic woes in the second quarter. The dour expectations come after a blowout 2021, when social media ad ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Meta acquires AI agent social network Moltbook

Meta acquires AI agent social network Moltbook

Craveable Brands has one eye on AI, and the other on the project failure rate

Craveable Brands has one eye on AI, and the other on the project failure rate

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Suncorp creates a "clear execution roadmap" for agentic AI

Suncorp creates a "clear execution roadmap" for agentic AI

Log In

  |  Forgot your password?