Meta's filing shows spending commitments of $825 billion, up from roughly $700 billion in July (July figure as recalled by the host).
META novelty 2/3 · verifiable 3/3 Meta's 5-year credit default swap spread is at a record level since trading began.
META novelty 2/3 · verifiable 3/3 Meta's new non-voting Class C shares let Zuckerberg sell 20 percent immediately and the rest over eight years, in return for staying with the company for eight years.
META novelty 2/3 · verifiable 3/3 Meta's third-quarter ad revenue was above $63 billion versus a street estimate below $62 billion, with price per ad up about 14 percent.
META novelty 1/3 · verifiable 3/3 host (Andrew Ross Sorkin)
22:29Meta is reportedly planning to issue new non-voting shares to fund its AI buildout.
META novelty 2/3 · verifiable 2/3 Thiel says AI company pitches are weak on a monopoly story, that Anthropic may be in pole position over OpenAI, and that Google, Meta and Grok are not far behind.
OpenAIAnthropicGOOGLMETA novelty 1/3 · verifiable 1/3 Sukhesh Miryala (Director of Product Management, Meta)
21:47Meta is alpha and beta testing lifetime-value optimization products that have not yet shipped.
META novelty 2/3 · verifiable 2/3 Sukhesh Miryala (Director of Product Management, Meta)
28:17Meta's director of product management says Andromeda lets the retrieval stage rank about 10,000 more ads per impression than before (figure as stated).
META novelty 1/3 · verifiable 1/3 Sukhesh Miryala (Director of Product Management, Meta)
38:24Meta says its ad supply is healthy and growing with user engagement, and that CPMs are an outcome of auction supply and demand rather than a set lever.
META novelty 1/3 · verifiable 2/3 Sukhesh Miryala (Director of Product Management, Meta)
52:49Meta says better relevancy ranking yields more clicks and conversions from the same impressions, so advertisers need fewer impressions for the same value.
META novelty 1/3 · verifiable 1/3 Connor Rolain (Head of Growth, HexClad)
11:52HexClad's growth head says about 50% of its Meta ad account is optimized against value rather than lowest cost.
METAHexClad novelty 1/3 · verifiable 1/3 Meta's Muse personal agent has already been adopted by a couple million people with high stickiness (as stated, no source given).
META novelty 2/3 · verifiable 1/3 Amazon has banned Meta's Muse agent from its site.