Is Facebook's News Feed Algorithm the Death of Viral Content?
Paul Beiboer, Director of U.S. Sales and Business Development at Jungle Creations, discusses Facebook's latest News Feed overhaul and how it will affect a video's ability to go viral.
Jungle Creations set the record for most video views in a single month on Facebook in December, with one of its videos reaching over 5.3 billion views. Beiboer isn't worried aboutthe company's video content succeeding with the new algorithm because Facebook is still a platform conducive to sharing.
We also talk about Jungle Creation's relationship with chef and viral sensation Salt Bae. And the company recently opened a restaurant in London, inspired by Jungle Creations' "Twisted!" Facebook page.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.