"Home", Facebook's main news feed tab that users will see when they open the app, will start more heavily featuring popular posts from accounts that users do not follow, including Reels and Stories, Meta said in a statement.
The Snapchat owner said some advertisers continue to face supply-chain disruptions and labor shortages, and many others are contending with rising costs amid record inflation, which has led to cutbacks in spending on advertising.
Startups have long complained about Google’s billing policy, under which platforms have to pay a 30% fee to Google for in-app purchases.
Over the past few years, there has been an ongoing debate on whether taxes should be applicable on the total transaction value or the net commissions (revenues) or what is called GGR that accrue to these gaming firms.
The Australian cricket board is likely to make an official announcement this week.
Delay in release of incentives likely to impact future investment plans of top MNCs.