By the end of 2024, the worldwide metaverse market is expected to be worth $800 billion. The best way to multiply your wealth is to get in early, and as an investor, you, of course, want to hop on the bandwagon and ride the wave of profits that comes with this new and emerging industry […]
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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 […]
Snap Inc is speeding up its global expansion in countries from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, the company told Reuters. The parent company of the Snapchat photo messaging app is leaning on its relative safety during a period when social media platforms such as Meta’s […]
A Moscow court on Friday slapped Google with a nearly $100 million fine and also fined Facebook’s parent company Meta $27 million over their failure to delete content banned by local law, as Russia seeks to step up pressure on technology giants. The Tagansky District Court ruled that Google repeatedly neglected to remove the banned […]
Break up Big Tech? How about shrinking the tech companies’ shield against liability in cases where the content they push to users causes harm? Or creating a new regulator to strictly oversee the industry? Those ideas have captured official attention in the U.S., Europe, U.K. and Australia as controversy has enveloped Facebook — which on […]
Facebook’s semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules. Facebook “has not been fully forthcoming” with the overseers about its “XCheck,” or cross-check, system the board said in a report Thursday. It also said it […]
Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok. A flood of videos last year showed people biting into the fruit gummies’ plastic casing, squirting artificially-colored jelly from their mouths. Store staffers at […]
Less than two years after Facebook hired Frances Haugen to help correct dangerous distortions spilling across its platform, she had seen enough. The idealism she and countless others had invested in promises by the world’s biggest social network to fix itself had been woefully misplaced. The harm Facebook and sibling Instagram were doing to users […]
The six-hour outage at Facebook, Instagram and Whatsapp was a headache for many casual users but far more serious for the millions of people worldwide who rely on the social media sites to run their businesses or communicate with relatives, fellow parents, teachers or neighbors. When all three services went dark Monday, it was a […]
During an interview with journalist Kara Swisher at the Code conference, Microsoft’s CEO Satya Nadella came forward with new information regarding the negotiations that happened while trying to acquire TikTok. “It was the strangest thing I’ve ever worked on,” Nadella Said, describing his attempt to save the TikTok app in the U.S. and elsewhere after Donald Trump’s administration threatened to ban it. If you haven’t heard about Trump’s efforts in banning TikTok from the […]