Reddit risks losing its identity in pursuit of profits
Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API behind a giant paywall and denounced the attitude of third-party developers and Reddit's own moderators. What does the future of "the front page of th... Read more
New social media apps rise from the ashes of Twitter
Drastic changes to the social media platform Twitter rarely go down users well. As a result, there are hijackers on the coast who are only too happy to accommodate the departing users on their new platform.
It thundered for Twitter users again last weekend. Twitter owner Elon Musk tweeted that ... Read more
Twitter limits readable tweets count, chaos ensues
Those who thought Twitter would be steadying the ship are going to be disappointed. With Linda Yaccarino replacing Elon Musk as CEO, the social media platform's drastic actions are not over. Last weekend, the site was difficult to access due to a sudden cap on the amount of tweets a user could see.... Read more
Twitter delays release of its new API platform by “a few more days”
The announcement marks the third such extension since the plan was announced.
Twitter is once again delaying the rollout of its paid API. In a tweet on Monday, the Twitter Developer Account explained it needs more time to complete work on the redesign, and developers would have to wait "a few mo... Read more
Twitter seeks licenses for payment services
Twitter is reportedly in the process of applying for permits for payment services, sources confirm to the Financial Times. With this, the social media giant probably wants to take a step toward a much broader platform than just social media, as envisioned by owner Elon Musk.
According to the sou... Read more
Meta threatens to remove news from its platforms
Meta threatened to stop publishing news on its social media platforms in the face of a controversial media bill in the United States. According to the tech giant, the bill thwarts the traffic and subscriptions of local media.
The US House of Representatives will soon vote on the Journalism Comp... Read more
Twitter accepts offer from Elon Musk, but now what?
The Twitter board has changed its mind. They have accepted the offer of 44 billion dollars. Earlier, it seemed that they would fight the acquisition tooth and nail, but the offer is too good to ignore. Elon Musk will soon have full ownership of Twitter. The big question is, what happens now?
Sho... Read more
Elon Musk wants to buy Twitter for 41 billion dollars
Elon Musk is indeed planning to buy Twitter, this was just announced by a publication of the regulator. Last week Musk already bought 9 percent of the Twitter shares, now he has made an offer of 41 billion dollars for the rest of the stock, about 38 billion euros. This comes down to 54.20 dollars p... Read more
‘Social media fraudsters pocketed 690 million euros’
95,000 US residents fell victim to social media fraud in 2021. The total damage amounts to 770 million dollars (690 million euros).
The Federal Trade Commission (US market watchdog) shares the news in a report. One in four of all fraud victims was misled by an ad or post on social media. The com... Read more
Adobe acquires social media marketing startup ContentCal
Adobe expands its portfolio into social media marketing by acquiring British startup ContentCal. The technology allows customers to set up b2b marketing campaigns via social media.
Financial details of the ContentCal acquisition are not known, but insiders tell Bloomberg that Adobe is paying mor... Read more