1 HOUR ENGLISH MASTERCLASS - English Reading Practice To Get Fluent

32,313 views ・ 2023-09-01

JForrest English


Please double-click on the English subtitles below to play the video.

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Welcome back to JForrest English.
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I'm Jennifer, and in this one hour English lesson,  
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we are going to review two different news  articles to help you learn advanced grammar,  
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add natural expressions to your  speech, and improve your pronunciation.
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Let's get started.
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First, I'll read the headline.
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By turning Twitter into acts, Elon Musk  risks killing billions in brand value.
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Did you hear that?
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Twitter is no longer called Twitter?
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It is now called X.
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So as you can see on this  platform, this is the logo.
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The new X logo, which replaces the  bird that everybody knows from Twitter.
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So by turning Twitter into X, in this case,  
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when you turn something into something, it  means you transform it or you change it.
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So Elon Musk transformed Twitter into X.
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It is no longer Twitter, it is now called.
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XI wrote that definition for you.
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And here's an everyday example.
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I turned these old towels into a beautiful quilt.
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So I took these old towels and I transformed them.
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I changed them into a beautiful quilt.
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Now don't worry about writing  all these notes down because  
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I summarize everything in a free lesson PDF.
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So you can look in the description for  the link to download the free lesson PDF.
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And notice here in the headline  we have Elon Musk risks.
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And then you have a verb.
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But what do you notice about the verb?
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It's in the gerund form, the ING form.
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That's because the verb risk is a gerund verb.
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So the verb that comes after  risk will be in the ING form.
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For example, I could say you can't risk, and now  whatever verb I need is going to be in the gerund.
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So you can't risk what, Missing  the meeting, for example?
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Or you can't risk missing this lesson  that you're watching right now.
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So notice this verb is in the ING  form because risk is a gerund verb.
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All right, let's continue on and learn  about how Elon Musk turned Twitter into X.
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It's rare for corporate brands  to become so intertwined with  
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everyday conversation that they become verbs.
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And this is actually really interesting  that they said this, that they become verbs.
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For example, the company Google.
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You commonly use this as a verb.
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I googled it.
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Just Google it.
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You're taking the company name and  you're actually using it as a verb,  
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which is something that we do with  very popular social media sites.
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So you can use Google as a verb.
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But remember, because it's a verb, you have  to conjugate it with your time reference.
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I googled it.
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That's in the past.
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Or she what's apt me sometimes, when it  doesn't look very good to spell it as an Ed,  
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we do an apostrophe D to show the past.
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Simple.
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She whatsapped me.
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He retweeted my picture.
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All of these are verbs, and  all of them are in the past.
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Simple.
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It's rarer still.
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Listen to the pronunciation here.
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Rarer.
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Rarer.
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So we have rare, rarer it's rarer still for the  
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owner of such a brand to announce  plans to intentionally destroy it.
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So Elon Musk intentionally destroyed  Twitter by rebranding it as the company X.
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Now when you do something intentionally, this is  an adverb and it means that you did it on purpose.
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On purpose.
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So Elon Musk intentionally  destroyed the brand Twitter.
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He wanted to do it.
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It was planned.
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It was on purpose.
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So intentionally is the adverb.
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You can also use it as an adjective  and you can say it was intentional.
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It was intentional.
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So this is, as the adjective to be intentional.
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It was intentional, it being the  decision or the action that you just did.
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So he intentionally did it.
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It was intentional.
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Let's continue.
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On Sunday, Elon Musk decreed decree.
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This is a verb, and it's  an official statement that  
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something must happen when  someone decrees something.
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It sounds very strong, but it  also sounds extremely official.
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I usually hear this in the context of government  agencies decreeing certain rules or regulations.
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But here Elon Musk is the boss of a  company, so he has the ability to decree.
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Now, as another example, my company  decreed that we have to work on Saturday.
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So your company officially  said that this must happen.
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You must work on Saturday.
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On Sunday, Elon Musk decreed that Twitter's  product name would be changed to X.
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So now if you go on Twitter, it's not  called Twitter anymore, it's called X.
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Actually, I wonder what the website is.
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Is it www.x.com?
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I don't know.
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Let me know in the comments because I haven't  tried to go on Twitter since this has happened.
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So I wonder what the URL is.
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The website is OK.
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Would be changed to X and that  he is getting rid of the bird.
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Oh no, the famous Twitter bird.
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I like this bird.
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It's cute.
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Oh well, he's getting rid of it.
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When you get rid of something, it  means that you permanently remove it.
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So you can get rid of items from your home, items  you don't need anymore or don't want anymore,  
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and you permanently remove  those items from your home.
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A lot of times they will go into the  garbage, but they could also be given  
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to someone else or sold or donated so  it doesn't have to go in the garbage.
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But a lot of times it does.
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So he's getting rid of the bird now.
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Notice that the action is  in the present continuous.
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He's getting rid of the bird,  which means he's doing it now,  
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which also means it's not a completed action.
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So maybe if you go on to Twitter  or X www.x.com you will see the  
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bird still because he's getting rid of it.
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It's in the present continuous in the past simple  
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it would be he got rid of the  bird, He got rid of the bird.
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That would be a completed action.
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He got rid of the bird.
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OK, the poor bird.
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Let's continue.
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The bird logo.
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The bird logo, and all the  associated words, including tweet.
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This is what the article mentioned at the  beginning, where you can use tweet as a verb.
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I tweeted what I did last night.
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I tweeted my holiday photos.
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Whatever you might tweet,  
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Musk's move wiped out anywhere between  4 billion and $20 billion in value.
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Now notice I read this 4 billion and $20 billion.
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I could absolutely read dollars for  each one, but it's not required.
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You can just use $1.00 verbally.
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But notice you do you verbally say dollars  after the amount and the the denomination.
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So 100 million billion, that's the denomination.
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$20 billion.
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That's how you say it orally.
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And notice billion.
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There is no S but dollars.
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This is where you verbally say S  with in plural, dollars, dollars.
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That's how you say it.
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Orally OK.
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His move.
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His strategic move, His move.
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This is simply saying what he's planning to do.
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Musk's move, wiped out, wipe out.
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This means to eliminate.
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But it has the the feeling  like it happened quickly.
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Oh, they wiped it out, they  eliminated it, they got rid of it.
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And it happened quite quickly or dramatically.
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So his move wiped out anywhere  between 4 billion and $20 billion  
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in value according to analysts and brand agencies.
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It took 15 plus years.
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When you see this 15 plus, it can  be written as plus as an actual  
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word or you can use the plus symbol  symbol and you can say 15 plus years.
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So in this case, if you use the  symbol, you don't have a dash,  
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it would just be 15 plus because  technically the dash looks like a -.
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So you that would be very confusing.
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15 plus years, four of as they have it here,  
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15 dash plus it took 15 plus years and  of course that means more than 15 years.
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So when you say 15 plus, maybe it's 16 or 17.
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But because we generally like to  talk in numbers of zero and five,  
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it sounds better to say 15 plus rather than 16.
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And you see this a lot on resumes or  people talking about their experience.
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I have 15 plus years of experience  teaching English for example.
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It took 15 plus years to earn  that much equity worldwide.
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The equity is referring to the  value, the company's value,  
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and this is just the equity that they wiped out  that they eliminated by turning Twitter into X.
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The company is obviously worth more than  that if if the move wiped this much out.
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So the equity is how much it is worth and it took  15 plus years to earn that much equity worldwide.
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So losing Twitter as a brand name  is a significant financial hit.
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In this case, the word hit means loss loss.
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So you could say we took a hit during COVID.
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This means you had a financial loss during  COVID, especially in the context of a business,  
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in a context of a business, we this  means my business, our business.
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So our company, our business  took a hit during COVID.
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That means financially, you  can use this in an everyday  
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context if you don't have a company as well.
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You might say we sold our home, but we took a hit.
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We took a hit, which means you lost  financially on the sale of your home.
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So you didn't make as much money as you  could have made if you had sold it at  
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a different time, for example, oh,  we sold our home, but we took a hit.
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We took a hit.
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OK, so losing Twitter as a brand name is a  significant financial hit, said Steve Susi,  
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director of Brand Communication Musk, whose  company has already declined significantly  
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in value since he purchased it for  44 billion in October, $44 billion.
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So this is how much he purchased it for.
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And this one person is suggesting  that he just lost almost half the  
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value of the company by turning Twitter into X.
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Of course, that is just this one person's opinion.
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It doesn't mean that this is factual.
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It's simply his his opinion.
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OK, so we purchased it for $44 billion.
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Remember that S on dollars.
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Dollars in October announced  the change on Saturday night.
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Now when you see this, here and then another,  
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here, what's happening is all of this is just  additional information in the in the sentence.
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Let me see if I can move this here  
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just to make it a little more clear, because  how you read this grammatically is here.
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This announced is going to  be conjugated with Musk.
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Now, because it's in the past simple,  
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there isn't a different conjugation for  different subjects, so that's pretty easy.
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But if this were in the present simple,  
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you wouldn't conjugate it with whatever  you last saw here, You would conjugate  
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it with whatever came before the 1st Musk  announced the change on Saturday night.
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That right there is a complete sentence, and  then everything in the commas gives additional  
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information, so information about when he bought  the company and how much it was worth at the time.
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So that's a very important point to  remember, especially when you're writing  
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So Musk and then this word  is conjugated with Musk.
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Now here let's take a look at significantly,  
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because they used it twice, significant financial  hit here, this is being used as an adjective,  
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a significant financial hit, and  then significantly is an adverb.
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Significant, significantly are both more  formal, advanced ways of saying a big or a lot.
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So I have significant experience.
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I have a lot of experience.
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Twitter took a significant financial hit.
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Twitter took a big financial hit.
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So it can mean big in quantity or a lot  depending on how it's used in context.
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But it is a more advanced way.
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If I were in a job interview, I would  not say I have a lot of experience.
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I would say I have significant  experience because that sounds  
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a lot more professional than saying a lot.
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I have a lot of experience.
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But when I'm communicating with  my friends, I would absolutely  
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use a lot because significant sounds too  formal for communication with my friends.
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So I have a lot of experience.
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This means I have significant experience.
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OK, let's continue by Monday  morning, a new black X logo.
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So remember, that's what we saw in the image here.
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So if you log into Twitter now, oh look, I'm just  noticing underneath he does have the urlx.com.
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I just answered my own question.
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OK, x.com, interesting.
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So here, this is the new black X logo that  appeared on what was it on Monday morning.
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A new black X logo designed by a fan over  the weekend began to appear across the site.
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All right, new Chief Executive  Officer, So Chief Executive Officer.
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This is the highest ranking  position within a company.
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Commonly use the short form CEO,  
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so the abbreviation you take the 1st  letter of each to form the abbreviation.
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Chief Executive Officer, CEO, So new CEO  Linda Yakarino outlined the company's  
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vision for acts to become a site for audio,  video, messaging, payments and banking.
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So it looks like with this rebrand,  by turning Twitter into X, it appears,  
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based on what we're reading now, that Elon  wants to also expand what the company does.
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And it won't just be a social media platform  if you can do your payments and banking.
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This is interesting because did you  know that Elon Musk started PayPal?
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PayPal was his company.
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He invented it.
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And PayPal is, of course, payments and banking.
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So Elon Musk already has a lot of experience  in that area because he invented PayPal.
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So I guess that makes sense that he  wants to combine what he did with  
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PayPal into social media and have it as one site.
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All right, so that's interesting to know.
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Analysts and brand agencies call  the products renaming a mistake.
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So renaming, when you add RE in front  of a verb, it means to do it again.
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So the verb is to name, to name  a company, to name a website.
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But so they first originally named it  Twitter, and now they're renaming it.
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They're naming it again to X.
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Analysts and brand agencies call  the products renaming a mistake.
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Twitter is one of the most  recognizable social media brands,  
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said Todd Irwin, founder of brand agency Phaser.
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Bird.
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Decals adorn small businesses  and websites worldwide.
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What's a decal?
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Well, it's basically a sticker.
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But it's slightly different material.
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It's a picture and you put it on to a  surface just like you would put a sticker,  
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but it doesn't stick the  same way that a sticker does.
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So the way it sticks to the surface is different  from a sticker, but is the exact same concept.
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It is an image that you can place on a surface.
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So here are some fun flower decals  that you could put on your car.
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And I'm sure there are all types  of decals to suit your preferences.
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If you want to put them on your car or put them  on your window or wherever you want to put them.
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So that's a decal.
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And I'm sure you've seen the Twitter bird  decal different places, maybe on laptops.
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When you're in a cafe and people have the  Twitter bird on their laptop, that's a decal.
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It could also be a sticker.
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It just depends how it is on the surface.
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If it's a sticker or a decal, bird decals adorn  small businesses and websites worldwide adorn.
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It simply is a formal way of saying  they're visible on so you can see the  
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decals on small businesses and websites  alongside Instagram and Facebook logos.
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Twitter's popularity has also  made verbs like tweet and retweet.
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I tweeted you.
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Did you get it?
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Did you get my tweet?
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We also use it as a noun, of course.
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Did you see my tweet?
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So in that case it's a noun.
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Did you see my tweet?
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I didn't know.
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No, You tweeted me.
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So this would be the verb,  and this is a noun form.
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Twitter's popularity has also made verbs like  tweet and retweet part of modern culture,  
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used regularly to explain how celebrities,  politicians and others communicated with  
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the public, said Joshua White, assistant  professor of finance at Vanderbilt University.
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And that's the end of the article,  so I wonder what they'll say now.
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Did you see my ex?
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Is that what those say?
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Did you see my ex?
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I didn't know you.
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What would it be?
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Xed.
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Me.
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So this is where it I don't know.
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It doesn't look the best to do xed.
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So this is where a native speaker would do the  X apostrophe D to show that it's in the past.
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Simple.
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I didn't know you Xed me.
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Is that what they're going to say now?
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I have no idea.
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But that is the logo and the website.
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And if we say tweet, I guess it makes sense.
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We would now say X.
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So we'll see how Elon Musk will  also modify and change the English  
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language at the same time he does  the social media platform Twitter.
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So that is the end of the article.
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So what I'll do now is I'll go to the  beginning and I'll read the article  
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from start to finish and this time  you can focus on my pronunciation.
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By turning Twitter into eggs, Elon Musk  risks killing billions in brand value.
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It's rare for corporate brands  to become so intertwined with  
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everyday conversation that they become verbs.
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Is rarer still for the owner of such a brand  to announce plans to intentionally destroy it.
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On Sunday, Elon Musk decreed that Twitter's  product name would be changed to X and that  
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he is getting rid of the bird logo and  all the associated words, including tweet.
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Musk's move wiped out anywhere between  4 billion and $20 billion in value,  
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according to analysts and brand agencies.
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It took 15 plus years to earn that much  equity worldwide, so losing Twitter as a  
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brand name is a significant financial hit, said  Steve Susi, director of brand communication.
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Musk, whose company has already  declined significantly in value since  
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he purchased it for $44 billion in October,  announced the change on Saturday night.
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By Monday morning, a new black X logo designed by  
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a fan over the weekend began  to appear across the site.
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New Chief Executive Officer Linda  Yacarino outlined the company's  
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vision for X to become a site for audio,  video, messaging, payments, and banking.
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Analysts and brand agencies call  the products renaming a mistake.
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Twitter is one of the most  recognizable social media brands,  
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said Todd Irwin, founder of brand agency Phaser.
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Bird decals adorn small  businesses and websites worldwide.
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Alongside Instagram and Facebook logos.
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25:45
Twitter's popularity has also made verbs like  tweet and retweet, part of modern culture,  
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used regularly to explain how celebrities,  politicians and others communicated with  
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the public, said Joshua White, assistant  professor of finance at Vanderbilt University.
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Amazing job with that article.
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Now let's move on to our second article.
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Feel free to take a break, get a cup of tea,  review the expressions from the last article,  
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and when you're ready, let's move on.
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1st, I'll read the headline.
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Meta surges as ads bounce back.
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There are two things I want to  teach you in this short headline.
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First, let's talk about surges.
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This is a verb.
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It's conjugated in the present simple with meta.
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Meta is the company that Mark Zuckerberg owns.
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The company that owns Facebook,  Instagram, WhatsApp, among others.
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Now as a company, it would  be conjugated as a subject,  
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26:54
as it and that's why you see this  as on the verb in the present.
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Simple, it surges.
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27:02
Meta surges as ads bounce back.
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Now the verb to surge.
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What does this mean to surge?
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This is a sudden and great increase.
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So when it says Meta surges is talking about its  profitability, the money that the company earns.
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So meta surges.
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27:25
There's a sudden and great increase.
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So sudden it happened in a short period of  time and then obviously great in the quantity.
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Meta surges as ads, ads.
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This is the short form for  the word advertisements.
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27:43
Native speakers almost always use the short form  ads which stands for advertisements bounce back.
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This is a very useful phrasal verb to bounce back.
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27:57
This means to start to be successful  again after a difficult period.
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Now we use this in different contexts.
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In this case, it's used in a business context, so  you can imagine that Meta was successful, but then  
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there was a difficult.
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So for a business, that's when there  are profits, The money they earn falls.
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28:26
So their profit was here.
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Then it fell to some lower point,  but then the company bounced back,  
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which means their profit increased to  the same level or greater bounce back.
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28:43
So we use it with businesses.
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28:45
We also use this with health.
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So if someone is sick,  
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we can say, oh, I hope you bounce back  soon, which means recover, recover soon.
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28:58
So you can use it in this business context,  or you can also use it in a health context.
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29:05
Don't worry about writing this down,  because I've created a free lesson PDF  
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29:10
that summarizes everything  you're learning right now,  
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29:14
so you can look in the description for  the link to download the free lesson PDF.
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29:19
Let's continue.
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29:22
As I predicted before earnings came out.
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A prediction is when you you make a a gas or a  
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29:33
statement about a future situation  based on the facts you know now.
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29:40
So this person is making a prediction, a  guess about the future, about Meta's earnings.
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Earnings means financial.
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29:51
The money that the company earns,  you can refer to that as earnings.
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My earnings.
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29:59
So this right here is a noun.
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30:05
This is a noun.
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Now, of course, we have earned as a verb,  
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30:10
so Meta earned a lot of money,  to use a very simple sentence.
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30:18
So you could say Meta's earnings  to use the noun phone form.
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30:23
Meta's earnings were very high,  or Meta's earnings surged.
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30:30
To use the verb that you now know, as I predicted  before earnings came out, Meta not only had its  
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second straight quarter of positive revenue  growth, but it also exceeded expectations.
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30:47
OK, before we continue, let's  talk about this word here quarter,  
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30:52
quarter, because as you can see  we have it here quarter Q4Q2.
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30:59
So you'll you'll see this a lot  in this article and any business  
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31:03
related financial related article  or news story you will see this.
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31:09
So the calendar year is 12 years.
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31:13
So you can divide that into quarters  and you will have four quarters.
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31:19
In each quarter there are three months.
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31:24
So we have Q1 which is quarter one, quarter one or  the first quarter and this is January, February,  
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31:39
March.
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31:40
Now I won't repeat this, but this repeats for  Q2Q3Q4 and it's just a period of three months.
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31:49
So that is how a business divides the  calendar year to measure their performance  
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31:58
and analyze their earnings And Q1, this is  the short form, it represents quarter one.
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32:07
Now notice here when you say the longer form first  quarter, you have to use the article the the first  
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32:15
quarter because first is an ordinal number and  we always use articles with ordinal numbers.
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32:23
So I'll make a star here.
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32:26
Don't forget the this is required grammatically.
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32:33
So now let's go back.
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Meta not only had its second straight  quarter, a positive revenue growth.
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32:40
So what does this mean?
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It's second straight quarter  when you have straight.
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32:45
When you're talking about  quantity, it means continuous.
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32:52
So I could say I have worked for 10 days straight.
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33:01
I have worked for 10 days straight means  that I've worked for eight days continuously.
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33:10
So I have not taken a break in 10 days.
415
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33:15
So you can say I've worked, I've worked for  10 days straight, and again here straight.
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33:29
This means continuous.
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33:33
You can also put the word straight.
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33:36
I've worked for 10 straight days  and it means exactly the same thing.
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33:42
There's just a little bit  of flexibility in placement.
420
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33:46
And again, that means 10 days in a row,  which means continuous 10 continuous days.
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33:54
So second quarter straight.
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33:57
So that means Q1 and Q2 or Q2 and Q3 or  Q3 and Q4 of positive revenue growth.
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34:07
So the revenue is the money that they earn and  
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34:13
revenue is the money that they  earn before they pay expenses.
425
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34:20
OK.
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34:21
So revenue is the money that comes  in but before they pay expenses.
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34:27
But it also exceeded expectations.
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34:30
So an expectation, this is a prediction  of how well you think you'll do.
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34:36
So maybe Meta expected to earn $100 million  because it's a massive company, $100 million.
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34:46
That was their expectation, but if they exceeded  it, it means they earned more than they expected.
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34:55
So they earned 110 or $200 million,  
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35:04
but it also exceeded expectations with its first  quarter of double digit growth since Q 4/20/21.
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35:13
This is saying in Q 4/20/21 which remember  is the last three months of the year.
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35:22
So October, November, December, that's  Q4, October, November, December.
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6600
35:28
In Q 4/20/21 it had double digit growth.
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35:34
So single digit growth would be 1 to 9%.
437
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35:41
Gross is single digit growth  because there's only one digit.
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35:46
So what is double digit growth?
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35:49
I'm sure this is pretty easy for you.
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35:51
10 to 99% is double digit growth is  obviously possible to have triple  
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7260
35:58
digit growth or quadruple digit growth possible.
442
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36:02
It would be great, I'm sure if you're a business.
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36:05
So this is double digit growth.
444
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36:07
So it's saying in Q 4/20/21  it had double digit growth  
445
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36:13
and now it has also had double digit growth.
446
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36:18
But the period between these two times  it didn't have double digit growth.
447
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36:25
Let's continue.
448
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36:27
Here's my quick take on Metas Q2.
449
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36:31
So let's take a look at this,  someone's take on something.
450
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36:36
This is a very useful expression.
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2196780
2880
36:39
The expression is ones take on something and this  means one's opinion about a situation or idea.
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36:49
So your take is your opinion or your idea.
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36:55
So for example, it's very common to  ask someone what's your take on that?
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37:00
You might share an idea.
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37:02
Oh, we should go on vacation to Germany this year.
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37:07
What's your take on that?
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37:09
You're asking them, well, what do you think  about the idea I just shared with you?
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37:14
What's your opinion?
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37:15
What's your take on?
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37:17
And then that being whatever I just said,  
461
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37:20
of course you can actually provide what  you just said instead of saying that.
462
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37:27
For example, what's your take on  the threads versus Twitter debate?
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37:32
Because this article is about meta.
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37:36
Meta just created this new social  media platform called Threads,  
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37:42
which is a direct competitor to Twitter.
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37:46
So I asking you, what's your opinion on  Facebook meta now competing against Twitter?
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37:56
What's your take on that?
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37:57
What's your take on threads versus Twitter?
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3300
38:01
So feel free if you have a take on that, feel  free to share your take in the comments below.
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38:10
Okay, let's continue with two straight quarters,  
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38:15
a positive revenue growth and the first quarter  of double digit revenue growth since late 2021.
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7440
38:22
This is very repetitive of  what we just learned, so you  
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38:27
can review the explanation, I won't explain it.
474
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38:30
Again, Meta's year of efficiency  is off to a strong start.
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5940
38:36
This is a great expression as well.
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38:39
But notice when you're learning  new expressions, you have to learn  
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38:43
the entire grammatical structure.
478
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38:46
So here the expression is to be our verb to be.
479
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38:50
Of course, our verb to be needs to be conjugated.
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38:54
In this case, the verb to be is being  conjugated with Meta's year of efficiency.
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39:00
Which as a subject, what subject would that be?
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39:04
Well, it's it, and I know it's it  because my verb is to be as is,  
483
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39:09
and that's the conjugation with it.
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39:12
It is off to a strong start.
485
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39:15
So here the expression is  
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2355720
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39:20
to be off to a X start, and then in  this expression, X equals an adjective.
487
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9420
39:29
It can be a positive or a negative adjective,  
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4560
39:34
and this just describes the performance  of the beginning of something.
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39:42
So let's say you're in a new class,  you're learning how to play guitar.
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8040
39:50
You might say I'm off to a  great start, great start.
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8640
39:59
I already know three songs.
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2399820
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40:04
So you're describing the  performance of the beginning,  
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40:08
and in this case, it's the beginning of learning.
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40:12
Guitar.
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40:12
It can be the beginning of anything.
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40:15
Our vacation is off to a rough start.
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40:21
A rough start would be negative.
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2220
40:23
Our vacation is off to a rough start because  
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40:27
our flight was delayed for five  hours and then they lost our bags.
500
2427180
8160
40:35
So that's the start of your vacation  and it's not going very well.
501
2435880
4740
40:40
So you can say off to a rough start.
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2440620
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40:45
Let me write this for you.
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40:47
Here it is.
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40:48
Our vacation is off to a rough start and and  then you can explain why our flight was delayed.
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40:57
They lost our bags, our hotel was terrible.
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41:01
You can explain all the reasons why.
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41:04
Hopefully that is not the real situation.
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41:07
Obviously you want to be off to a great start.
509
2467800
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41:11
Amazing start, wonderful start.
510
2471640
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41:14
Remember you can choose any  adjective you want to replace X.
511
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41:20
So Metas year of efficiency  is off to a strong start.
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41:25
If the company can continue this momentum  into the next two quarters, that being Q2  
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41:33
and Q3 or Q3 and Q4, it will exit 2023 in a  much better position than it entered the year.
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41:44
And that's how it's bouncing back.
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41:47
Remember, it was here, but then  it went down, but now it's back.
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41:52
It bounced back.
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41:56
Let's continue.
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41:58
There's a lot of feel good about  when it comes to meta right now.
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42:03
Oh, sorry, there's a lot to feel good about.
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42:07
I was thinking, that doesn't sound right.
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42:09
There's a lot to feel good about  when it comes to meta right now.
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42:14
So if you feel good about something, it  means that there's positive feelings.
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42:20
And obviously because they are doing very well,  
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because they're off to a strong start,  there's a lot to feel good about.
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42:29
When it comes to meta right now, it has  been able to maintain decent growth.
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42:36
Decent.
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42:37
This is an adjective that  means good but not amazing.
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So if I say the food is decent at a restaurant,  you know it's good but it's not amazing.
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So if you ask me, oh how was how was the  movie, how was the food, how was the hotel?
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And I say decent, good but not necessarily great.
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Good but not great.
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Decent good but not great  to maintain decent growth in  
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monthly and daily active users across  both Facebook and its family of apps.
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43:18
And it has seen strong performance from advantage.
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43:22
It's AI driven suite of ad automation tools.
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43:26
Remember ad is short for advertisement.
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Native speakers almost always  shorten this word advertisement  
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automation tools as well as good  momentum for advertiser demand on reels.
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43:44
While its competitor Snap,  I've never heard of Snap.
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Have you heard of Snap?
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I haven't if you have share in the comments.
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Clearly a competitor to Meta  
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while his competitor Snap has yet to  emerge from its own advertising slump.
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44:04
Notice I said ad is short for advertisement,  
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but here we have advertiser,  who is the person advertising?
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And then advertising is the verb.
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But for advertisement.
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This is the one we shorten us emerge  from its own advertising slump.
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A slump.
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This is when there's a decline.
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So slump.
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Visualize going down, and it goes down  in terms of price, sales or volume.
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In this case, it's advertising slump.
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It's most likely the volume.
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44:49
The number of people who want to  advertise on this platform on Snap  
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Mehta has been able to successfully  turn around its business.
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This is a great phrasal verb as well.
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When you turn something around, it means you  take a situation from negative to positive.
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I wrote that definition here.
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45:18
Now this could be a great one to combine with the  expression off to a adjective start, especially  
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45:27
when it's negative because this expression is  when you take something from negative to positive.
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45:33
So remember the example I gave was  our vacation was off to a rough start.
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45:39
And remember you have your verb  to be that you have to conjugate.
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45:43
In this case is conjugated with the subject our  vacation it and the time reference is the past.
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45:50
So this is the past.
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Simple.
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360
45:51
Our vacation was off to a rough start.
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45:54
Not good.
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45:56
So a negative situation, but we turned it around.
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46:01
So we took our vacation from negative to positive.
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46:05
And of course you can provide more information on  why it was negative and how you turned it around.
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46:11
So how you got it from negative to positive.
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46:14
So excellent expression that you can  combine with the other one you learned.
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46:21
Let's continue.
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46:23
Meta still faces several challenges, however.
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46:28
It gets nearly all of its  revenue from advertising,  
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46:33
and we estimate that its  share of the worldwide digital  
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46:38
ad market advertisement market will fall to  20.1% this year from its 2021 peak of 22.7%.
579
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Okay, its peak of 22.7.
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46:57
When you describe something as its peak.
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47:00
We'll just think of a mountain and the  top of a mountain is the peak, right?
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47:06
And the the top of the  mountain is the highest point.
583
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47:10
So when you say the prices peaked at X number,  then that means that's the highest the prices  
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47:22
are expected to go and then  after that they they might fall.
585
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47:28
So here the market will fall to 20.1.
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47:33
So at this time in 2021, the market was at 22.7.
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47:39
By saying it's the peak is  saying this was the highest  
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47:43
point and they don't expect it to go higher.
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47:47
This was the peak.
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47:48
So from this, you have no place to go shut  down because you're at the top of the mountain.
591
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47:54
So just visualize the top of the  mountain when you think of peak.
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47:59
So the highest it's facing significant  competition from TikTok and Amazon.
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48:06
And while Meta may be talking less about the  Metaverse these days, it is still determined  
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48:15
to make the Metaverse a reality and the  massive losses in its Reality Labs division.
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48:23
So I guess this is the name of  the group within the company that  
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48:30
works on the Metaverse, the Reality Labs division.
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48:34
They work on Metaverse are adding up.
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48:38
So the losses, the obviously financial  losses, they're adding up, so adding up,  
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48:46
this is a phrasal verb that  means accumulating, accumulating.
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48:52
So you might you had this loss here,  this loss, this loss, this loss.
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48:56
And then if you add them up,  
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48:59
you have a total amount that is obviously  a lot bigger than the individual amounts.
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49:09
The company also faces incredibly  tough competition in generative  
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49:15
A I I'm not too sure what generative A I is.
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49:19
I'm sure there are students watching this who do  
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49:23
know a lot of probably people in the  software development engineer world.
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49:29
So feel free let me know what generative A I is.
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49:33
Artificial intelligence, that's a I,  
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49:35
but I don't know what generative A I is,  including from Open AI and Google Four.
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49:43
These things will weigh on meta  in the second-half of the year.
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49:49
So remember the first half of the year would  
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49:52
be Q1Q2 and the second-half  of the year would be Q3Q4.
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49:58
Let's take a look on way on  when something these things,  
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50:03
the things the article previously mentioned, when  something weighs on someone, meta is a company.
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50:12
So someone or something a company.
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50:15
It simply means that whatever those things  are are making you worried or unhappy.
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50:22
So to weigh, just imagine something  physically is weighing on you.
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50:28
It's bringing you down in terms of your emotions.
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50:32
For example, my upcoming IELTS exam is weighing on  me is another way of saying is making me worried,  
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50:43
making me unhappy because you have a  lot of nervousness around that exam.
621
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50:48
Hopefully not just an example, but  that is something you could say.
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50:54
And I know a lot of students have told me that  
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50:57
these things will weigh on meta  in the second-half of the year.
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4380
51:02
And remember that second-half is Q3 and  Q4 combined, but thanks to the momentum  
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51:10
of a better than expected Q2, it will be in  a stronger position to face those challenges.
626
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51:21
So there the company expects to have  challenges in Q3 and Q4 because of  
627
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51:29
this competition from other companies and how  the losses of the Metaverse are now adding up.
628
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51:39
But because it has such a great  Q2, it was off to a strong start.
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51:47
It won't be as severe.
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51:49
The consequences of these losses and  the competition won't be as severe.
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51:57
So that's why it's in a better, stronger  position to face those challenges.
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52:02
And that's the end of our article.
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52:05
So what I'll do now is I'll go to  the top and I'll read the article  
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52:09
from start to finish and this time  you can focus on my pronunciation.
635
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52:14
Meta surges as ads bounce back.
636
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3900
52:19
As I predicted before earnings came out,  
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52:22
Meta not only had its second straight  quarter of positive revenue growth,  
638
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52:28
but it also exceeded expectations with its first  quarter of double digit growth since Q 4/20/21.
639
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52:36
Here's my quick take on Meta's Q2  
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52:41
one With two straight quarters a positive  revenue growth and the first quarter of double  
641
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6305
52:47
digit revenue growth since late 2021, Metas  year of efficiency is off to a strong start.
642
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7855
52:55
If the company can continue this  momentum into the next two quarters,  
643
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53:00
it will exit 2023 in a much better  position than it entered the year 2.
644
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7140
53:07
There's a lot of feel good about  when it comes to meta right now.
645
3187620
4560
53:12
It has been able to maintain decent growth  in monthly and daily active users across  
646
3192180
6480
53:18
both Facebook and its family of apps, and it  has seen strong performance from advantage.
647
3198660
6420
53:25
It's a I driven suite of ad  automation tools as well as  
648
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5520
53:30
good momentum for advertiser demand on reels.
649
3210600
4020
53:35
While its competitor Snap has yet to  emerge from its own advertising slump,  
650
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5880
53:41
Meta has been able to successfully  turn around its business 3.
651
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6060
53:47
Meta still faces several challenges, however.
652
3227220
3720
53:51
It gets nearly all of its revenue from  advertising, and we estimate that its  
653
3231540
5220
53:56
share of the worldwide digital ad market will fall  to 20.1% this year from its 2021 peak of 22.7%.
654
3236760
12060
54:10
It's facing significant competition from  TikTok, and Amazon, and while Meta may  
655
3250020
6300
54:16
be talking less about the Metaverse these  days, it is still determined to make the  
656
3256320
5580
54:21
Metaverse a reality, and the massive losses  in its Reality Labs division are adding up.
657
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7140
54:29
The company also faces incredibly  tough competition in generative A I,  
658
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5760
54:34
including from Open A I and Google 4.
659
3274800
4380
54:39
These things will weigh on meta in the  second-half of the year, but thanks to the  
660
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5280
54:44
momentum of a better than expected Q2, it will be  in a stronger position to face those challenges.
661
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7140
54:51
Amazing job you did it.
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54:53
Think of all the expressions,  all the grammar concepts,  
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54:57
all the pronunciation that you learned today.
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55:00
Did you like this lesson?
665
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55:02
Would you like me to make more one  hour English lessons just like this?
666
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55:07
If so, put one hour in the comments.
667
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3660
55:10
One hour in the comments so I know you  liked this lesson and you can get this  
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5100
55:15
free speaking guide where I share 6 tips on  how to speak English fluently and confidently.
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4500
55:20
You can click here to download it or  look for the link in the description.
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55:24
And why don't you get started  with your next lesson right now?
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