The FTC and DOJ have blocked some of Facebook's recent acquisitions. The company is also building out its own ad network showing ads in its own apps. Cara Delevingne says TikTok could be a bigger threat to the social media giant than Google or Facebook. She says it would take an incremental $20 billion that are being taken out of the ad ecosystem.
Kara and Scott discuss the headwinds Elon Musk and Twitter employees will face, as well as disappointing earnings reports for big tech. Warner Bros. Discovery will pay $1 billion to downsize, and Adidas has terminated its partnership with Ye. Then, a listener question for (specifically) Kara.
*Note: This episode was recorded on Thursday morning and reflects the news at that time.
You can listen to Kara’s new show, On with Kara Swisher, here.
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