The vice president backed an advertisement featuring Democrat Amy Acton’s mother, who has been estranged from Dr. Acton since her stepfather was charged with child rape.
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
A Republican ad features Amy Acton’s estranged mother calling her daughter a liar. The two have not spoken since Dr. Acton’s mother backed her husband after his arrest on rape charges.
At least three dozen videos of people on the street expressing support for a Democratic candidate appeared millions of times on social media. It was unclear who paid for them.
Meta’s annual conference last month in Menlo Park, Calif. The company received $22 million back from its American Technology Excellence Project and $3 million from a California advocacy group it funded.
Unlike celebrity influencers with large followings, these creators produce a blizzard of videos for a fraction of the cost of traditional online campaigns and, in the process, shift public conversation.
The measures, which fall short of a breakup demanded by the government, effectively ensure that the tech titan’s business will continue largely unscathed.