Social media
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Reddit’s IPO Could Be Coming in March, at a $5 Billion Valuation
Reddit’s IPO is coming, reportedly as soon as March, but it won’t be in the $15 billion valuation range, as Reddit had originally targeted. Late last month, Business Insider reported that Reddit would be seeking a $15 billion valuation as part of its plans for its initial market offering, which, at the time, I noted was a crazy high price.…
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X is Building a New Trust and Safety Center, Focused on CSE, Which Could Open Up Revenue Opportunities
I’ve got a bad feeling about this. Among X’s various moderation challenges with its reduced staff pool, child protection has become a key concern, with X CEO Linda Yaccarino set to appear before Congress next week to explain the platform’s ongoing efforts to combat child sexual exploitation (CSE) material. With that in mind, X has today reiterated its evolving strategies…
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X Looks to Improve Content Moderation After Issues with AI Images and Bot Farms
Content moderation remains a major challenge on X, despite owner Elon Musk insisting that its crowd-sourced Community Notes are the key solution for combatting harmful content. Last week, AI-generated images of singer Taylor Swift being sexually assaulted by NFL fans gained huge traction on X, reaching over 27 million views, and 260,000 likes, before the originating account was suspended. Swift…
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Meta Loses Data Scraping Case, Highlighting the Need For Clarified Regulation in a Social Media Context
The legal parameters around online data scraping are once again set to be tested, with Meta losing a court battle to sue a data scraping company for taking Facebook and Instagram user data without permission. As reported by Ars Technica, last January, Meta launched legal action against a company called Bright Data over its scraping of user information from its…
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X is Looking to Expand its ‘Amplify’ Video Monetization Program to Creators
Hey, remember how MrBeast re-posted one of his old clips on X and made $260k from ad revenue share in a single week, and every single other X creator, who’s making about $1000 for similar numbers, was like “wtf”? Well, that’s because X cheated the system, by enrolling MrBeast, a.k.a Jimmy Donaldson, into its Amplify video promotion offering, which no…
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X Will Display Sports Gambling Odds In-Stream Via New Partnership with BetMGM
This seems slightly concerning. As reported by Fortune, X has signed a new deal with MGM Resorts’ online gambling subsidiary BetMGM, which will soon see betting odds displayed on X, along with links that guide users to place bets via BetMGM’s service. Which seems like a questionable match, and one that will be difficult to police, based on variable laws…
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Meta Launches New Teen Safety Measures To Limit Unwanted DM Contact
Meta’s looking to build on its teen user protections, with new default DM restrictions, which will further limit who can message teens in its apps, as well as new management tools for parents via its Family Center. First off, on DM restrictions. Building on its default DM controls for teens, which block adults that they don’t follow from messaging them…
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Instagram Now Lets You Opt-Out of Read Receipts for DMs
After announcing that it was coming last November, Instagram has this week rolled out the capacity for users to switch off read receipts for their DMs, so you can control when “Read” and “Seen” indicators appear (or don’t) for the sender within message streams. As you can see in this example, you can now switch off read receipts via your…
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TikTok Adds New Cutout Option To Change the Background of Your Clips
TikTok’s added a handy new video editing tool which makes it easier to add an alternative background to your clips. As you can see in this example, shared by Jonah Manzano, the new “Cutout” editing option enables you to easily replace the background of your video with an alternative scene, by isolating the focus element of the clip. Which is…
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Is Threads Catching On? A Look at How the Most Followed X Profiles Are Engaging in the App
While the Threads community is slowly taking shape, which is further solidifying it as a viable alternative to Twitter/X, there are still some signs of growing pains, especially among certain interest areas, many of which are still yet to migrate across to the platform in any significant way. Which could be fine. Threads is already up to 100 million users,…
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