Another major figure could soon join the list of a growing number of people who are done with social media: The leader of the world’s largest democracy. India’s Prime Minister Narendra Modi tweeted Monday evening (local time) that he was thinking about giving up on his Facebook, Twitter, Instagram and YouTube accounts. Modi, whose 53 […]
The disinformation wars are heating up as the U.S. barrels toward the 2020 presidential election, leaving tech companies again uncomfortable in the role of referee. On Monday, Facebook joined Twitter in flagging a video shared by White House Director of Social Media Dan Scavino, marking it as “partly false” and limiting its ability to spread […]
Twitter tries out its own version of the popular Stories format, a court orders Otto’s founder to pay a big fine to Google and electric skateboard company Boosted makes cuts. Here’s your Daily Crunch for March 5, 2020. 1. Twitter starts testing its own version of Stories, called ‘Fleets,’ which disappear after 24 hours Twitter […]
Twitter CEO Jack Dorsey might not spend six months a year in Africa, claims the real product development is under the hood and gives an excuse for deleting Vine before it could become TikTok. Today he tweeted, via Twitter’s investor relations account, a multi-pronged defense of his leadership and the company’s progress. The proclamations come […]
Twitter’s CEO defends himself from activist investors, Google takes additional coronavirus precautions and a fizzy drink maker raises $30 million. Here’s your Daily Crunch for March 6, 2020. 1. Twitter CEO’s weak argument why investors shouldn’t fire him Twitter CEO Jack Dorsey spoke yesterday at a Morgan Stanley conference, where he delivered remarks (also shared […]
Last year, Twitter expanded its rules around hate speech to include dehumanizing speech against religious groups. Today, Twitter says it’s expanding its rule to also include language that dehumanizes people on the basis of their age, disability or disease. The latter, of course, is a timely addition given that the spread of the novel coronavirus […]
Twitter is testing its own version of Stories. The company announced today it will begin to trial a new sharing format called “Fleets,” starting in Brazil, which will let users post ephemeral content to its social network for the first time. Unlike Tweets, Twitter’s new Fleets can’t receive Likes, Replies or Retweets. And they’ll disappear […]
When Elliott Management, a New York investment firm with an activist approach, sets its sights on a company, it usually means it has been under-performing, and it sees a ton of unmet potential. News broke on Friday that the company had bought a substantial stake in Twitter and was seeking board seats. Sources have confirmed […]
So much for that correction! After a desolate week, the United States saw its major indices rally on Monday, pushing the value of domestic and domestically listed securities higher. The gains came despite a rising number of infections in the country of the novel coronavirus, now known as COVID-19. Last week, rising concern about an […]
In Part 2 of our series, we explore why social networks will compete to be virtual worlds Eric Peckham @epeckham / 2 days Even if you don’t play games, you have spent years of your life in one or more virtual worlds. Social media platforms like Facebook, Twitter, Instagram and WeChat are lightweight versions of […]