Welcome to the Tech Meme Right Home for Thursday, July 27th, 2023. I'm Brian McCullough today.

Metas earnings say, hey, let's just forget the last two years even happened. Is the next iPhone

about to get an action button? What does it mean if Waimo is basically hitting

pause on self-driving trucks, checking in on SBF, and a super fast new version of 5G.

Here's what you miss today in the world of tech.

Metas Earnings Report last night was interesting not for the usual headline

numbers revenue up 11% year over year net income up 16% year over year

overall daily active people across their

various apps up 7% year over year. The real interesting number was the

projected one. Meta forecast 20% revenue growth for Q3 which would represent a

return to pre- Pandemic and pre-ATT levels of revenue growth for the company.

Quoting Bloomberg.

Meta's revenue could grow as much as 20% in the current quarter.

The company said Wednesday, that's a pace the social media giant hasn't seen since

before the sluggish post-pandemic economy and a privacy

rule change from Apple led to the worst route in Meta's digital ad sales in

history. Revenue declined for the first time ever last year, prompting investors

to lose patience in Zuckerberg's spending

outside of the core business.

After cutting thousands of employees and improving efficiency of the advertising business through

artificial intelligence, Zuckerberg is now on stronger footing with his shareholders.

Even news that expenses will continue to climb over the next two years didn't dampen the

...