Twitter is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the matter. New boss Elon Musk is pushing Twitter to create new streams of revenue as it faces a drop in advertising income, following his $44 billion
Social
Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to GBP 3 billion (roughly Rs. 30,300 crore) over allegations the social media giant abused its dominant position to monetise users’ personal data. Meta, the parent company of the Facebook group, is facing a mass action brought on behalf of around
TikTok Chief Executive Shou Zi Chew will appear before the US Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharing app. Chew will testify before the committee on March 23, which will be his first appearance before a congressional committee, said Representative Cathy McMorris Rodgers, the Republican chair of the panel, in
Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting. The trial, centred on a pair of tweets announcing Musk had obtained the money to take Tesla private in 2018, reeled the 51-year-old billionaire into a federal courtroom in San
WhatsApp is reportedly working on the ability to react to messages in Community announcement groups. The Meta-owned messaging service has been spotted working on the capability on the latest beta version of WhatsApp for iOS. If the capability is rolled out, users will be able to react to messages that are in Community announcement groups using
Over the last year, Big Tech firms have laid off over 70,000 people worldwide. Workers at major technology companies such as Alphabet, Amazon, Meta, Twitter, Microsoft, and Salesforce have been laid off in large numbers. Tesla, Netflix, Snap, and Spotify have also cut several jobs, but their layoffs are markedly smaller than larger firms. A
Twitter users will be able to appeal account suspensions and be evaluated under the social media platform’s new criteria for reinstatement, starting Feb. 1, the company said on Friday. Under the new criteria, which follow billionaire Elon Musk’s purchase of the company in October, Twitter accounts will only be suspended for severe or ongoing and
The House Foreign Affairs Committee plans to hold a vote next month on a bill aimed at blocking the use of China’s popular social media app TikTok in the United States, the committee confirmed on Friday. The measure, planned by the panel’s chair Representative Michael McCaul, a Republican, would aim to give the White House
Twitter will team up with digital ad verification companies Integral Ad Science and DoubleVerify to provide advertisers tweet-level analysis on content appearing next to their ads, the companies said on Wednesday. IAS and DoubleVerify, who have both previously partnered with Twitter, use technology to independently verify that digital ads are viewed by real people. Advertisers
Meta Platforms said Wednesday it will reinstate former US President Donald Trump’s Facebook and Instagram accounts in the coming weeks, following a two-year suspension after the deadly Capitol Hill riot on January 6, 2021. The restoration of his accounts could provide a boost to Trump, who announced in November he will make another run for
Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of the $13 billion in debt tacked onto Twitter for his buyout of the company, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. According to the report, Musk‘s representatives discussed selling
Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly insisted Tuesday he could have pulled off, had he wanted. Musk spent roughly three more hours on the stand during his third day of testimony
Amid outrage over a plan to give powers to its arm PIB to police fake news on social media, Union Minister Rajeev Chandrasekhar on Tuesday said that the government will next month hold discussions with stakeholders before the proposal is implemented. The minister said that the rules for regulating online gaming are expected to be
Advertising spend on Twitter dropped by 71 percent in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform after Elon Musk’s takeover. The recent data by Standard Media Index (SMI) comes as Twitter is moving to reverse the advertiser exodus. It has introduced a slew of initiatives
Facebook Messenger’s end-to-encrypted (E2EE) chats will soon be updated with several features and improvements, including personalised chat themes, customised chat emoji and reactions, group profile photos, according to the company. End-to-end encrypted chats add an extra layer of security and protection to the contents and calls of a chat, protecting them from any third parties,
WhatsApp, the Meta-owned instant messaging app, has rolled out the beta version of its native app for macOS. The app is available for download as a dmg file on the official website. The native WhatsApp app for macOS reportedly comes with all the features available on the WhatsApp for iOS app. WhatsApp for macOS is
Britain’s Crown Estate, an independent commercial business that manages the property portfolio belonging to the monarchy, said on Monday it had begun court proceedings against Twitter over alleged unpaid rent on its London headquarters. Court lists showed the case against Twitter had been filed at the High Court in London last week. In a statement,
WhatsApp, the popular instant messaging platform, keeps introducing new features to offer a better user experience. From E2EE chats to online payments and privacy settings, the app has added a lot of functionality since its launch in 2009. WhatsApp has recently been spotted working on a new feature that will allow users to share images
Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will not carry advertisements. The billionaire also said that ads are “too frequent on Twitter and too big,” and that steps will be taken to address those issues in coming weeks. Twitter did not immediately respond to a
Twitter said on Wednesday it was offering an annual plan for its subscription service called Twitter Blue, which includes its sought-after “verified” badge, at a discount to its monthly price. Users can subscribe to the service for an annual price of $84, instead of a monthly subscription price of $8 on the web and $11
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