Good news, ad news: Facebook’s big bucks and bets

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By The Economist. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The social-media behemoth revealed huge profits and stressed even bigger plans: to become an e-commerce giant and a hub for digital creators, and to pioneer something called the “metaverse”. After a bruising election, Peru has an inexperienced new president; matching policy to his hard-left platform will be a dangerous game. And the publisher trying to bring ethnic diversity to romance novels.

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