If you are going into the Non-Fungible Token (NFT) space as an investor or interacting on the internet for the past few years, you know that the NFT space is full of scams. For those new to the term, rug pulls are NFT projects that promise big and disappear with investors’ money. Whether you believed […]
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Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media platform consisting of an open source algorithm and one that would prioritize […]
The United Arab Emirates (UAE) has been witnessing consecutive waves of changes to the various constituent sectors shaping its economy. As part of its vision for decades to come, the gulf state is looking to secure a futureproof resilient strategy by unlocking potential economic growth opportunities that will allow different sectors to change, progress, and […]
Facebook owner Meta Platform said on Tuesday it will hire 2,000 people over the next five years in Spain, where it will anchor its development plans for the region. The 2,000 employees will mainly staff the company’s first ‘lab’, a flexible base for its remote workers, in Madrid, Javier Olivan, Vice President Cross-Meta Products and […]
Video-focused short video platform, TikTok, announced on Monday its latest alteration to its video length, with an update increasing the video length upload from three minutes to ten minutes, as it the platform enters a media battle with Russian state media in EU. The ByteDance owned company told Gizmodo in a statement that this alteration will deliver […]
Alphabet Inc’s Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary circumstances,” Google’s YouTube unit said it was “pausing a number of channels’ ability to monetize on […]
Meta Properties chief executive officer (CEO) Mark Zuckerberg held on Wednesday a comprehensive presentation with the company’s Artificial Intelligence (AI) team to address its future endeavors in “Building the Metaverse with AI.” Presented on the company’s official Facebook page, Meta’s AI Lab proposition highlighted how “through the power of artificial intelligence, we will enable a […]
At an ad industry conference in New York this month, one of the key architects of Spotify’s podcasting strategy outlined what she saw as the biggest challenge facing platforms: how to moderate content. Chief Content and Advertising Business Officer Dawn Ostroff, the television veteran who had helped bring U.S. podcaster Joe Rogan and other top […]
In the latest maneuver to exhibit the public and politicians its effort to minimize its damaging effect on users, Instagram has once more upped its minimum daily screen time limit to 30 minutes, from the previous 10 to 15 minutes. According to TechCrunch, one user revealed that the social networking application is demanding a reconfiguration of its […]
Donald Trump’s new social media venture, Truth Social, appears set to launch in Apple’s App Store on Monday, according to posts from an executive on a test version viewed by Reuters, potentially marking the return of the former president to social media on the U.S. Presidents Day holiday. In a series of posts late on […]